Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] You don’t need to buy expensive software – there are free open source solutions for nearly everything. Revenue must come from a primary source (as opposed to advertising or other third party sources).

LP 311

LP Technical Review Early Stage Silicon Valley 311

SoCal CTO

MARCH 20, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

SoCal CTO

MARCH 13, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

SoCal CTO

MARCH 1, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

SoCal CTO

MARCH 12, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. Since the financial crisis of 2008, policy makers have kept interest rates at near zero, flooding the market with cheap money in an attempt to restart growth. But they have also stacked the deck against investment in long-term innovation.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Altgate

DECEMBER 17, 2009

pre-revenue and maybe even pre-product), I recommend a discretionary plan, particularly when you're dealing with annual plans. And finally, once the business has achieved greater scale and size (50+ people, $10MM+ revenue, etc.)  But today I got an interesting question the answer I wanted to share here.

Venture Capital 47

Venture Capital Metrics Startup Software Review 47

Altgate

JANUARY 21, 2010

Open source is the wrong term though; instead is probably better to say automate since LegalZoom and others are doing the same thing but commercially. Open source is the wrong term though; instead is probably better to say automate since LegalZoom and others are doing the same thing but commercially.

Open Source 33

Open Source Term Sheet HTML Venture Capital 33

SoCal CTO

MARCH 20, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? Unfortunately they will be very expensive (30-50% or more of gross revenue). Cloud computing, open source and a global talent pool make outsourcing easier than ever before (even a few years ago). PR/Marketing.

Software Review 65

Software Review Offshore Startup Boston 65

Ben's Blog

APRIL 27, 2011

When Alfred presented the acquisition to BEA’s board of directors, one prominent board member said: “if you think that this company is going to pay $150M for a company with $150K in revenue, you are out of your f&%!$n’ Impatient and shortsighted shareholders forced Alfred to sell BEA to Oracle in January of 2008 for $8.5B.

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Acquisition Cloud Architecture Revenue 78

SoCal CTO

MARCH 22, 2007

Open Source Business Models, speakers for Web 2.0 MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. event I did last fall.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

BeyondVC

JANUARY 3, 2019

The 10 year bull market where every company’s revenue chart is up and to the right is over. Look at 2001 and 2008’s Lehman collapse and Sequoia RIP Good Times deck for lessons learned. Many startups were funded on growth alone and this is the year that efficient growth plays a huge part in determining who the next winners will be.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 1970 – 1995: The Golden Age. Thus began the 5-year dot-com bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

ReadWriteStart

OCTOBER 20, 2011

Foundups : Michael Trout, from Fukui, Japan, pitched Foundups , which he claims will be a platform for open corporations. He talked about everything from raising funding for pre-seed entrepreneurs to get them to the seed stage, crowd funding, social media marketing and open source. You can't tell what the company does.

Massachusetts 113

Massachusetts Entrepreneur Open Source Silicon Valley 113

Both Sides of the Table

MAY 23, 2012

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. 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.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Both Sides of the Table

SEPTEMBER 27, 2010

You have an open source stack, cloud services for storage, processing & management and APIs for just about anything you want. At GRP we sat out 2007 and much of 2008 for that reason and we’re now looking pretty smart for doing so. We all know that. So what took me $2 million at my first company now takes $20,000.

Liquidity Event 308

Liquidity Event Silicon Valley Seed Stage Finance 308

SoCal CTO

OCTOBER 5, 2010

Why Every Entrepreneur Should Write and 9 Tips To Get Started - OnStartups , September 27, 2010 "The best part of blogging is the people you will meet"- Hugh MacLeod repeating wisdom from Loic Lemeur to me at the Big Pink at 2 am in South Beach after the Future of Web Apps 2008. Why You Should Write. That crazy chicken.

Technology 191

Technology Product San Francisco CTO Hire 191

Altgate

DECEMBER 31, 2008

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← How To Blog Like A Pro The World Without Altgate → Microsoft Buys 37signals For $300 Million Posted on December 31, 2008 by fnazeeri Not really. At least not yet. But that’s my prediction for 2009.

Ruby 47

Ruby Offshore Framework Venture Capital 47

Ben's Blog

MARCH 24, 2011

To find out whether or not today’s public technology companies have hit bubble valuations, let’s compare some companies that survived the great bubble with their bubble era valuations: The Enterprise Value-to-Revenue multiple (EV/Rev) and Price-to-Earnings multiple (PE) are commonly used metrics to tell the valuation:value story. Much better.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

discuss.joelonsoftware.com

NOVEMBER 1, 2010

Mark Walsen Mark Walsen Thursday, October 09, 2008 Deleting … Approving … I think you would be better off hiring people, rather than trying to convince them to work for free in exchange for equity. Cheers -- Mark Mark Walsen Friday, October 10, 2008 Deleting … Approving … > The challenge here is.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Startup Lessons Learned

SEPTEMBER 28, 2008

Lessons Learned by Eric Ries Sunday, September 28, 2008 The lean startup comes to Stanford Im going to be talking about lean startups (and the IMVU case in particular) three times in the next two weeks at Stanford. September 28, 2008 6:13 PM Eric said. September 28, 2008 7:26 PM Jeff Hammerbacher said. Can I go to one of them?

Lean 68

Lean San Francisco Continuous Deployment Startup 68

Startup Lessons Learned

SEPTEMBER 13, 2008

Lessons Learned by Eric Ries Saturday, September 13, 2008 SEM on five dollars a day How do you build a new product with constant customer feedback while simultaneously staying under the radar? And one day a remarkable thing happened: we started making more than five dollars a day in revenue. SEM is a simple idea.

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SEM San Francisco Lean Continuous Deployment 164

Startup Lessons Learned

SEPTEMBER 29, 2008

Lessons Learned by Eric Ries Monday, September 29, 2008 Q&A with an actual reader One of my favorite things about having a blog is the feedback I get in comments and by email. Waves of technology platforms The lean startup Customer Development Engineering Greasemonkey compiler Great open source scalability tools from Danga Ideas.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

mashable.com

NOVEMBER 4, 2010

A Y-Combinator startup itself, Optimizely was used by the groundbreaking online Obama campaign in 2008. An open source bit of software, Vanity allows you to conduct A/B testing on your site and returns a simple report back to you. You can use Optimizely even if the thought of coding makes you break out in a cold sweat.

Developer 73

Developer Software Review PHP Social Media 73

Software By Rob

SEPTEMBER 1, 2011

By generating a steady revenue from consulting projects and sales, the founders were able to spend time growing their business slowly. Today, Litmus has had over 30,000 customers, 1 million+ in revenue, and is growing by around 10% a month. Today, SparkFun has a wide following and boasts over $10 million in revenue.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

Software By Rob

NOVEMBER 18, 2008

Blog Blazers: 40 Top Bloggers Share Their Secrets Startup Success Podcast, Open Source For-Profit Startups, One Laptop Per Child 2008, and $19 Usability Testing → The Software Product Myth Micropreneurship , Startups If youre trying grow your startup youve come to the right place. Congratulations! at 5:01 pm [.]

Software Review 42

Software Review Software Product Salary 42

mashable.com

SEPTEMBER 22, 2008

endeve – Issue invoices, manage clients and check revenues all in one place. MagSuite – An open source marketing automation, sales force automation, accounting, service automation and inventory control system. 4 email share Last August we featured a post with more than 230 online apps for running your business.

Software Review 78

Software Review Social Media Social Network Software 78

Software By Rob

JANUARY 7, 2009

Bug Tracking - You can go open source and save money, but you may lose it eventually in the time you spend maintaining and upgrading it. Pricey, but based on my hourly rate it’s cheaper than the open source solution I used previously when you factor in upgrades, crashes, and manual workarounds for missing functionality.

Software Review 52

Software Review Software Hosting Salary 52

om.co

FEBRUARY 5, 2013

called The Rise of a Insta-Company, which theorized that open source, cheap bandwidth and increasingly falling cost of infrastructure would result in companies being built at a dramatically lower cost than ever before. I had been writing GigaOM (the blog) since December 2001, but in 2003, I started working on a piece for Business 2.0

Founder 80

Founder Conversion Distribution Silicon Valley 80

betashop.com

OCTOBER 8, 2012

From the start we said that we would never make a decision as to what features to build or what products to sell based on revenue alone, rather we would focus on things that make our customers smile and by doing so lots and lots of revenue will fall out over time. I’m not saying don’t leverage open-source or established platforms.

Technical Review 108

Technical Review Technology Software Review Valuation 108

VC Cafe

JULY 5, 2010

Long story short, I ended up spending a year and a half in China from 2008 to 2010 and now I’m hard at work with BizMe2. Yair Margolin: Promotion – banner ads placement (campaigns ,impressions, clicks ) , banner ad packages for companies to advertise on bizme2 community as well as affiliate revenue on bookings made through the site.

Aggregator 84

Aggregator Caching PHP 84

mashable.com

NOVEMBER 3, 2010

Ted Serbinski: Angel investor Ted Serbinski sold his startup MothersClick to Lifetime in 2008 and joined the cable network as CTO of the ParentsClick Network. He goes on to add, “Having revenue is even better, though not applicable to every startup … Passion, skill, vision and maturity really matter.&#

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

Ben's Blog

AUGUST 31, 2020

What’s less intuitive, however, is that the biggest winners of the past six months, in terms of new accounts opened, have been megabanks like Chase, Bank of America, and Wells Fargo. Source: Cornerstone Advisors. Meanwhile, rewards for debit cards were discontinued by many banks after the 2008 financial crisis.

IPO 36

IPO Stock Software Review API 36

SoCal CTO

MARCH 16, 2007

MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Both Sides of the Table

MAY 7, 2011

In 2008, he founded StackOverflow , and it has become the foundation for a question and answer platform called StackExchange. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. Stackoverflow was created in 2008. His Tenure at Microsoft.

Software Review 285

Software Review Software St. Louis API 285