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Why Uber is The Revenge of the Founders

Steve Blank

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. A pre-IPO board usually had two founders, two VCs and one “independent” member. Technology Cycles Measured in Years.

Founder 245
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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement. TWTFelipe is the founder of TWTApps , who had developed some really cool add-on applications for Twitter to extend its functionality. They wanted to employ our entire team post acquisition.

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008).

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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. Founding Date: 2009. Revenue Growth: 2241% YoY (2010 vs 2009), 1357% YOY (Q1 2011 vs Q1 2010). Groupon, Inc. to the merchant.

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IT Management Company InvGate Just Got a Huge Cash Injection

ReadWriteStart

The company, which started up in 2009 , has grown steadily over the past three years, expanding by an average of 60% annually. CEO and co-founder of InvGate Ariel Gesto says the company will continue to expand this year. When it comes to managing IT operations in the cloud, these businesses have solutions to help.

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The Version One Anti-Portfolio – the opportunities we missed…

Version One Ventures

We loved the founders, but didn’t have much conviction around the scalability of a browser plug-in and the fact that this was a bridge round. Outcome: Just sold to PayPal for $4B (PayPal’s largest acquisition to date). We met Ryan Holmes in 2009 as he was just about to spin Hootsuite out of Invoke Media, a development agency.

Portfolio 202
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Technology, Innovation, and Modern War – Class 10 – The DOD and Modern War –– Michèle Flournoy

Steve Blank

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. She served as the Under Secretary of Defense for Policy from February 2009 to February 2012. — On China.