Startup Lessons Learned
SEPTEMBER 14, 2018
When I left Intuit in 2015, I was VP of Innovation and led Intuit Labs, Intuit’s internal incubator. Through the great work of many other Intuit employees, Intuit Payments would eventually become a roughly $1B business for Intuit and a key enabling feature for over half of Intuit’s small business revenue.
Both Sides of the Table
MARCH 25, 2016
It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?
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Steve Blank
FEBRUARY 25, 2014
Since 2005 startup accelerators have provided cohorts of startups with mentoring, pitch practice and product focus. Corporations running internal incubators face many of the same selection issues as startup investors, plus they must grapple with the issues of integrating new ideas into existing P&L-driven functions or business units.
Hearpreneur
SEPTEMBER 9, 2022
The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. Thanks to Jen Wan, Soteri Skin ! #5- Photo Credit: Raven Cobb.
Gust
NOVEMBER 4, 2011
Never missing an opportunity for a good war story, I’d like to revisit one high-profile transaction, the $650 million acquisition of MySpace by Fox Interactive Media in 2005, on which I spent many sleepless nights along with the rest of the deal team. The spin-out took a few months to negotiate and didn’t actually close until February 2005.
Both Sides of the Table
MAY 23, 2012
This has led to the creation of incubators, accelerators and seed funds. In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. This never existed a decade ago.
Bryce Dot VC
NOVEMBER 19, 2012
When we set out to raise our first fund in 2005, we began a nearly two year journey involving enormous amounts of educating the market on what a seed fund was and why we felt there was such a compelling opportunity to build a new firm solely focused on this breed of cash efficient startups that make our model work.
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