Remove 2005 Remove Networking Remove Revenue Remove Social Network
article thumbnail

Social Networking and Business Value

SoCal CTO

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. Can social networking be a money-maker for companies?

article thumbnail

There’s Something Abuzz With GoodBuzz

YoungUpstarts

He later worked for eight years at the European Union commission helping to develop the cultural industry in Africa (cultural products being the main exports – and revenue – for poor African countries). Peer-To-Peer Referral Network. – to promote their campaigns.

Togo 222
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round). First and foremost, we believed there would be a “professional” social network.

article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals.

article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. Web businesses can now grow revenue before they can even afford sales people.

article thumbnail

LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs

reidhoffman.org

This gave me an idea: I could help many more entrepreneurs by making the deck available not just to the Greylock network of entrepreneurs, but to everyone. Friendster’s valuation set the tone for the entire social networking space. we had no revenue. The graphic we chose emphasizes that it is a network of people.

article thumbnail

Groupon Co-Founders to Teach at U of Chicago’s Booth School

Campus Entrepreneurship

The firm offers email subscribers a deal-of-the-day coupon at a local business, then encourages them to share it with their social networks. In 2005, he and Keywell started Echo Global Logistics, a business-to-business online logistics and trucking firm that they took public in 2008.