Both Sides of the Table

APRIL 13, 2011

In 2004 / 2005 I was starting to get intrigued with user-generated content. We have a theme we call Protocol, which are technology protocols and markets built around technology protocols like SMTP for email and RSS. So having spent a lot of time thinking about this Silicon Valley is a thing in and of itself.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Steve Blank

NOVEMBER 13, 2012

Leveraging my marketing skills, I successfully made what Steve calls an “onslaught launch”, generating a lot of press coverage and apparent early success. In 2004, Googling terms like “high tech marketing” and “startup” I discovered “ The Four Steps to The Epiphany ” at Cafépress.com. But customers didn’t agree.

Japan 292

Japan Customer Development Developer Customer 292

Seeing Both Sides

NOVEMBER 30, 2013

We looked at the companies in New England (call them "Boston and surrounding") that had exited in the last 10 years (2003-2013) with greater than $500 million in market valuation. In the case of public companies, we valued the companies at the market close of 11/15/13. 2004), Kayak ($1.8B/2004) 2004) and Fleetmatics ($1.4B/2004),

Boston 55

Boston Technical Review Silicon Valley Software Review 55

Agile VC

APRIL 17, 2011

Last week ZipCar began trading and has a market cap of about $1 billion. Founding Date: 2004. Only 7% of the search queries are performed by users referred by search engines, meaning Kayak’s brand is very strong and they continue to build it ($39M spent in 2010 on brand advertising, nearly $92M in total marketing spend).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

thebarefootvc

MAY 8, 2012

The best VCs are the ones that balance their optimism, vision and enthusiasm for startups with realism based on very real constraints (the primary one being his/her own time, but also includes market development and exit timing). Too many pivots, and you can lose the market opportunity, even with the greatest idea.

Venture Capital 78

Venture Capital Syndicate Syndication Bandwidth 78

Both Sides of the Table

DECEMBER 5, 2010

Facebook had grown stratospherically from 2004-2007 to 100 million users and was everything that MySpace wasn’t. It was: up-market, exclusive, urban, elite, aesthetically pleasing, ad-free and users were verified. MySpace vowed not to create anymore big successes off of their backs that Google could then acquire.

Social Network 297

Social Network Networking Internet EC2 297

reidhoffman.org

NOVEMBER 12, 2013

What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004. the consumer internet landscape in 2004 vs. today. In 2004, the consumer internet was just beginning to rebound. In 2004, investors regained interest in the consumer internet again.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Startup Lessons Learned

MARCH 13, 2015

It was part Silicon Valley insider and part marketing huckster. Each company claims to represent a unique and earth-shattering opportunity with a proven team, proven tech­nology, and proven market. Experts say our market will be fifty billion dollars in five years." Copyright © Guy Kawasaki, 2004, 2015.'

Entrepreneur 60

Entrepreneur San Jose Technical Review China 60

Steve Blank

APRIL 15, 2016

In Silicon Valley for three decades, spent eight years as a partner at US Venture Partners. She explained why: Magdalena : … you can have a fantastic idea, you can have a great team, you can have what you believe is a great market opportunity but you can die at the end so none of those are sufficient. Steve : Why?

Silicon Valley 139

Silicon Valley California Entrepreneur Cofounder 139

500hats.com

AUGUST 2, 2012

While institutional LPs know big changes are happening, most focus too much on 1) increasing/decreasing fund size or 2) marketing + branding as the major trends. note: apologies in advance for the west coast bias; i’m in silicon valley). This is a long piece, so if you’re not a fan of inside baseball, skip it.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

VC Cafe

FEBRUARY 11, 2020

Slack Fund (founded 2009) – with a market cap of $12 billion, Slack Fund is an $80 million fund, investing dollars for equity to startups developing on the Slack platform. Okta Ventures (founded 2009) – Okta has a market cap of $16 billion. The size of these funds, their models and motivations vary. Startup Funds.

Balance Sheet 201

Balance Sheet Startup IPO Venture Capital 201

Steve Blank

APRIL 15, 2016

In Silicon Valley for three decades, spent eight years as a partner at US Venture Partners. She explained why: Magdalena : … you can have a fantastic idea, you can have a great team, you can have what you believe is a great market opportunity but you can die at the end so none of those are sufficient. Steve : Why?

Silicon Valley 120

Silicon Valley California Entrepreneur Cofounder 120

Up and Running

OCTOBER 17, 2018

They create budgets, set sales goals, and document their marketing and sales strategies. Silicon Valley businesses like to call the act of changing strategic direction “pivoting.” They know when things aren’t going to plan—when sales aren’t meeting projections and when marketing strategies are failing.

Business Plan 263

Business Plan Oregon Lean Elevator Pitch 263

YoungUpstarts

MAY 31, 2011

I came back to India , in 2004. It’s a dramatic shift from how things were in 2004. Initially quite a number of companies were heavily influenced by the west, especially Silicon Valley. We also see quite a few companies in India, growing to massive size with significant market caps within the local markets.

India 185

India Silicon Valley Early Stage Asia 185

Mike Michalowicz

NOVEMBER 11, 2021

These Go-Getters have been instrumental catalysts in educating fellow small business owners in the innovative Get Different marketing system. Michael Buzinski, President & CMO of Buzzworthy Website Marketing , is a lifelong entrepreneur, digital marketing thought leader, best-selling author, and US Air Force Veteran.

Paraguay 84

Paraguay Cofounder Cleveland Email 84

mashable.com

JUNE 11, 2013

In fact, recent research shows that 75% of startups fail (based on a study of 2,000 startups that received VC funding from 2004 to 2010). Maybe they never thought about product-market fit. What I have learned is that we need to do a thorough SWOT analysis not only on the market opportunity, but also on our partners.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

David Teten

APRIL 30, 2018

According to the NVCA 2017 Yearbook , in 2004, 77% of global VC fundraising went to US VCs, and 85% of global VC dollars went to US startups. They achieve product/market fit while based abroad, and then sometimes gradually move key business functions to the US and Western European tech hubs. Source: NVCA, Pitchbook.

United States 60

United States Silicon Valley Canada Offshore 60

David Teten

APRIL 30, 2018

According to the NVCA 2017 Yearbook , in 2004, 77% of global VC fundraising went to US VCs, and 85% of global VC dollars went to US startups. They achieve product/market fit while based abroad, and then sometimes gradually move key business functions to the US and Western European tech hubs. Source: NVCA, Pitchbook.

United States 60

United States Silicon Valley Canada Offshore 60

Startup Lessons Learned

NOVEMBER 7, 2008

It was fall 2004, and the presidential election was in full swing. Even more importantly, you can start to experiment with feature set, positioning, and marketing - all without building a product. Labels: customer development , search engine marketing 13comments: Jim Lindstrom said. Eric -- This is a pretty interesting idea.

Demand 167

Demand San Francisco Lean Continuous Deployment 167

The Next Web

FEBRUARY 25, 2014

Nigeria itself is home to 170 million people, a figure that is expected to rise to 400 million by 2050, and the biggest market in Africa. This was a $33 billion market in Nigeria in 2012 in which the two biggest brick-and-mortar players had a combined market share of 0.9 Slowly overcoming its reputation.

Nigeria 148

Nigeria Africa Reputation Email 148

Duct Tape Marketing

SEPTEMBER 26, 2014

4 Steps to Leveraging Your Network to Build Your Business written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing. It’s guest post day here at Duct Tape Marketing and today’s guest post is from Jonathan Greechan – Enjoy! Email 1: Create Value. Follow him on Twitter at @jonnystartup.

Networking 69

Networking Silicon Valley B2C Dividend 69

Agile VC

NOVEMBER 13, 2012

At Risk – Usually starts with a firm beginning to see challenges in large portions of its portfolio, or in keeping the partnership together, or in the viability of the firm’s core strategy as broader markets start to shift (e.g. there’s a heck of a lot fewer pure-play cleantech VCs today than 5 years ago).

LP 154

LP Portfolio Venture Capital IRR 154

Agile VC

MARCH 8, 2012

It’s taken more than a decade since the tech bubble’s inflation and bursting but to me all of this is part of a long-term normalization of the tech IPO market. What are the implications for other late-stage private companies thinking of making the transition to public markets in the near to midterm future?

IPO 100

IPO Silicon Valley Revenue Seed Stage 100

Agile VC

FEBRUARY 2, 2012

Founded : Spring 2004, incorporated July 2004. But it’ll be interesting to see how public market investors react when Facebook files an amended S-1 pre-IPO with Q1 2012 numbers, particularly if there’s similar Q1 slowdown in ad revenue. Im a former Silicon Valley entrepreneur turned East Coast VC.

IPO 100

IPO South Korea Venezuela Revenue 100

Reid Hoffman

MARCH 19, 2019

There are times when small and slow is the right strategy for a specific market opportunity. When the market conditions are right, you should blitzscale for the benefit of all stakeholders: customers, employees, investors, and society. Blitzscaling is a response to market dynamics, not the cause.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

thebarefootvc

DECEMBER 5, 2011

Founded in 2004, it has grown in leaps and bounds along with NYC’s tech sector. Last year as I traveled around the world investing in emerging markets, helping them build innovation ecosystems, it was not the Silicon Valley example I used – it was the NYC story that I talked about.

Ghana 84

Ghana Indonesia Silicon Valley DC 84

thebarefootvc

JULY 3, 2016

New funds have popped up in increasing numbers over the last few years – but I saw gaps in the market that needed to be filled. There is still a lot of work ahead, but the market has been overwhelmingly responsive to the original thesis. And…I wanted to have fun and work with great people while doing so. 2015EOY_FPV_v31.

North America 40

North America Early Stage New York City Portfolio 40

Hearpreneur

AUGUST 19, 2015

We are unbelievably lucky to be here right now, with a team of über-talented people from the best and brightest Silicon Valley companies, at a moment when what a book should be is morphing before our very eyes. 5) Market Downturn. We are transforming publishing for the 21st century. That’s massive. 7) My Blood.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

thebarefootvc

FEBRUARY 3, 2016

New funds have popped up in increasing numbers over the last few years – but I saw gaps in the market that needed to be filled. There is still a lot of work ahead, but the market has been overwhelmingly responsive to the original thesis. And…I wanted to have fun and work with great people while doing so.

North America 40

North America Early Stage New York City Portfolio 40

Both Sides of the Table

MAY 24, 2021

Silicon Valley and the media industry that surrounds it values youth. The Valley has obsessed with a quick up-and-to-right momentum story because we were thought to live in “winner take most” markets. This “overnight success” was first financed in 2004. It literally drove FOMO.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

Up and Running

MARCH 9, 2015

They create budgets, set sales goals, and document their marketing and sales strategies. Silicon Valley businesses like to call this “pivoting.” Not only that, starting the planning process before starting marketing efforts and before talking to customers reduces the likelihood that a business will fail.

Business Plan 60

Business Plan Oregon Lean Elevator Pitch 60

www.chubbybrain.com

SEPTEMBER 28, 2011

surrendered market leadership and thought leadership. didn’t care/focus enough about discovering how to market eventvue. The market was not there. It was a time to do some marketing. Slow to adapt to market reality. Contributing to the high cost structure was the new culture of working 9-5 Monday through Friday.

Software Review 79

Software Review Startup Technical Review Vesting 79

Both Sides of the Table

DECEMBER 5, 2010

Was it massively better software, better companies, better markets? It had grown stratospherically from 2004-2007 to 100 million users, which actually was slightly smaller in December 2007 then MySpace was. It was: up-market, exclusive, urban, elite, aesthetically pleasing, ad-free and users were verified. The Present Era.

Social Network 318

Social Network Networking Internet Technical Review 318

Both Sides of the Table

SEPTEMBER 2, 2009

We could do more in 2010 with more VC investment; the doubling assumes only ratable increase in marketing spend to achieve profitability. Ironically our business started to perform very will by 2004 but by then management had lost the dream of a huge upside. I’m assuming this in Silicon Valley, LA or similar locations.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Scalable Startup

MAY 16, 2015

They begin on the eastern edge of the city near the Ferry Building and spread westward along Market Street. Currently located in the historic Southern Pacific building at One Market Street, Salesforce has plans to occupy a twenty-seven-floor tower at 350 Mission across from the new Transbay Terminal in 2015.

San Francisco 20

San Francisco Silicon Valley California Oakland 20

Startup Lessons Learned

MAY 27, 2020

In Silicon Valley, it's not just the companies that have had to pivot and change direction, so have investors, VCs, the entire ecosystem of the startup community of biotech as an industry, has had to make a very dramatic change to work on pandemic relief, disease prevention, laying the foundation for future prosperity.

United States 68

United States Europe Ratchet Technical Review 68