Both Sides of the Table

OCTOBER 1, 2009

In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. Investment banks that last September seemed destined for bankruptcy are suddenly feeling flush and motivated to stimulate more business.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

Seeing Both Sides

APRIL 2, 2009

  On the positive side, 2008 saw 1 trillion text messages (up 3x from previous year) and double-digit growth in revenue and subscribers.   The commoditization of communications infrastructure is a movie we’ve seen over and over again (see Railroads, Bankruptcy of) and it may take 10-15 years, but we will see it again here.

Las Vegas 20

Las Vegas Bankruptcy Mobile Application Development 20

Ben's Blog

JULY 16, 2013

3/31/2008: 19.1. Down rounds are bad and hit founders disproportionately hard, but they are not as bad as bankruptcy. Make sure that you figure out what kind of deal is better than bankruptcy and be sure to communicate to both your existing and potential new investors what you think makes sense. 3/29/1996: 22.3.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

YoungUpstarts

JUNE 20, 2013

In 2008 and 2009, its competitors, GM and Chrysler, ran out of cash and needed taxpayer bailouts to avoid bankruptcy. Being able to plan better than your competitors can give you a significant competitive edge in the market. Ford Motor Company is a great example. But not Ford.

Leadership 184

Leadership .Net Bankruptcy Operations 184

YoungUpstarts

OCTOBER 15, 2012

In 2008 and 2009, its competitors, GM and Chrysler, ran out of cash and needed taxpayer bailouts to avoid bankruptcy. Being able to plan better than your competitors can give you a significant competitive edge in the market. Ford Motor Company is a great example. But not Ford.

Leadership 181

Leadership .Net Bankruptcy Operations 181

Professor VC

APRIL 7, 2011

Many others may end up filing for bankruptcy or doing an assignment for the benefit of creditors (ABC). ► 2008. (14). Even the ones that do get to cash flow breakeven, will not likely be in a position where they could pay back the debt. So what happens to these companies? Some will just shut down. Others will attempt fire sales.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Ben's Blog

JULY 16, 2013

3/31/2008: 19.1 Down rounds are bad and hit founders disproportionately hard, but they are not as bad as bankruptcy. Make sure that you figure out what kind of deal is better than bankruptcy and be sure to communicate to both your existing and potential new investors what you think makes sense. 3/29/1996: 22.3 3/31/1997: 23.3

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Altgate

FEBRUARY 18, 2009

 They assist with work-outs and bankruptcy. .  They are a self described "marketplace for illiquid assets." "  They help companies dispose of investments in PE, VC or even individual companies.  Wow, what a great business to be in right now!  Read their update (below).

Bankruptcy 28

Bankruptcy Early Stage Venture Capital Revenue 28

Cracking the Code

OCTOBER 10, 2008

Friday, October 10, 2008. The Bessemer 10 laws of SaaS - Fall 2008 Release. When we first published Bessemer’s Top 10 Laws for Being "SaaS-y" in early 2008 in conjunction with our annual invitation-only SaaS CEO Summit, we were overwhelmed with the positive response and feedback we received. ▼ 2008. (11).

Software Review 48

Software Review North America Europe Metrics 48

Up and Running

DECEMBER 16, 2020

This has happened before following the financial crisis in 2008 and is a pattern that I’ve seen happen following other recessions. A strong credit profile is more important than ever now, as many small business lenders tighten their qualification requirements and some have even stepped away from small business lending for the time being.

Small Business 123

Small Business SBA United States Early Stage 123

Both Sides of the Table

JANUARY 16, 2012

Our 2008 fund looks spectacular. And praying like hell there’s no “Black Swan” event like the Greeks defaulting on their debt, the Italians pulling out of the Euro, a Lehman-like bankruptcy or a devastating terror attack that screws up fund raising timing for everybody. We have followed this strategy for 15 years.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Hearpreneur

OCTOBER 6, 2019

Since both sets of my parents went through bankruptcy while I was a child, learning about how to manage money became almost an obsession of mine. After getting laid off from a job back in 2008, I decided I would put all my passions together and become a personal finance journalist.

Entrepreneur 61

Entrepreneur Ireland LLC Kansas 61

View from Seed

FEBRUARY 17, 2015

In fact, there are over 250 founders from the HBS classes between 2008 and 2014. Harvard MBA Startup Founders: 2008-2014. But even ignoring that year and looking only at the classes of 2008-2010, HBS classes gave birth to startups that raised a bit over $400 million on average within five years of graduation. billion to date.

North America 120

North America Founder Cofounder San Francisco 120

This is going to be BIG.

NOVEMBER 6, 2013

In fact, much of the groundwork of the NYC tech community''s growth came before the late 2008 economic crash--when the city started paying attention to the tech community as the economic savior poster child. The multifold growth we''ve had in the startup engineering base of NYC happened before we even decided to build these companies.

New York City 112

New York City Venture Capital New York Bankruptcy 112

Both Sides of the Table

JANUARY 31, 2010

We were weeks from bankruptcy. Exercise hadn’t been enough of a priority in 2008-09. The investors of our competitor agreed to a merger and we were going to raise $15 million between the two companies. And at the 11th hour they pulled out. I tell that story in my post about the need for entrepreneurs to show resiliency.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

Both Sides of the Table

FEBRUARY 14, 2016

That was written in September 2008. In September 2008 this was the bankruptcy of Lehman Brothers and the rippling effect was massive. For every bear there’s somebody else thinking they have an opportunity. That’s the beauty of markets and of capitalism. Remember the RIP Good Times by Sequoia ?

Valuation 150

Valuation Down Round Startup Later Stage 150

YoungUpstarts

FEBRUARY 12, 2012

A 2011 limited-release film that will be culturally relevant for years to come, this A-list film follows a set of employees during an intense 36 hours at an unnamed investment bank, set in the financial crisis of 2007-2008. ” But on the morning of December 2, 2001, Enron declared bankruptcy. How’s that for dark?

America 169

America Bankruptcy United States Naming 169

Both Sides of the Table

AUGUST 9, 2011

By 2008 I had gotten more serious about championing companies through our investment process. It was September 2008. Lehman Brothers had filed for bankruptcy. The following is a 2-week graph of the end-of-week price of the Dow Jones Industrial Average (DJIA) in Autumn 2008. The market had tanked.

Stock 305

Stock Technical Review Marketing Greece 305

Reid Hoffman

AUGUST 21, 2020

The six bankruptcies. As vice president from 2008 to 2016, Joe Biden played key roles in expanding healthcare to 20 million Americans and creating the conditions for 75 straight months of job expansion. “Trump says he wants to run the nation like he runs his business,” Mayor Bloomberg said then. God help us.”.

New York City 36

New York City Italy Bankruptcy Germany 36