Steve Blank

MARCH 19, 2009

The company was the laughing stock of the Mac market. They sold to a set of customers I knew nothing about. Yet somehow they thought that my prior experience in high-end computer graphics might be relevant. Why I was interested was equally obscure. Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

Steve Blank

APRIL 6, 2009

One key difference: unlike HP, which had restricted stock ownership to the founders and top management, Perry made sure everyone at ESL had stock. The “Good” Student » 14 Responses Shane Rogers , on April 6, 2009 at 1:37 pm Said: The names of ‘secret’ customers is funny. There were no venture investors.

Silicon Valley 171

Silicon Valley Stealth RSS California 171

Steve Blank

OCTOBER 5, 2009

As the conversation began to get down to how much stock and salary we could offer van Dam, we left the barber to finish his work and went to a payphone to call our CEO to confirm the deal. Reply steveblank , on October 5, 2009 at 2:08 pm Said: Chris, Ben was the founding VP of Engineering at Ardent.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

Agile VC

APRIL 17, 2011

Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008). Historically more revenue came from distribution/lead-gen (57% in 2007), but this tipped in 2008 though appears to be steady from 2009 to 2010 at about 58% advertising and 42% distribution. Financial Snapshot: 2010 Revenue: $170 million. 2010 Net Income: $8 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Agile VC

JUNE 5, 2011

Founding Date: 2009. Revenue Growth: 2241% YoY (2010 vs 2009), 1357% YOY (Q1 2011 vs Q1 2010). Gross Profit Margins: 42% (Q1 2011), 39% (2010), 36% (2009) –> i.e. for every $1 of Groupons sold, the company currently keeps $0.42 Cumulative customers (unique buyers of Groupons): 15.8M (Q1 2011), 9.0M (2010), 0.4M (2009).

North America 100

North America Chicago Boston Silicon Valley 100

Up and Running

JULY 23, 2014

Since 2009 I’ve been involved in seven investments by the angel investment group I participate in; and we haven’t had any exits yet. The traditional exit strategy. When investors sit for pitches from startups, they expect the startups to cover the exit strategy. Do you know how to write and pitch an effective exit strategy?

Exit Strategy 131

Exit Strategy Software Review Angel Investor Startup 131

techcrunch.com

JUNE 22, 2012

For example: If an advisor meets with the founding team monthly, is involved in recruiting talent for the business, and takes a few customer calls, then that advisor would be entitled to 1 percent of the company in the form of restricted stock or options, vesting over a two-year time frame. Launch Date: April 16, 2009. Crunchbase.

Equity 94

Equity San Francisco Startup Silicon Valley 94

Gust

MAY 22, 2012

Instead, we all want the company to grow and prosper so that our debt gets converted to stock ownership in a year or two. We’ve used the gust.com platform to manage our documents, submissions, due diligence, and so forth since our first year, 2009, even before it was renamed and reconfigured.

Technical Review 111

Technical Review Oregon Due Diligence Term Sheet 111

Both Sides of the Table

SEPTEMBER 29, 2009

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g. The best MBA class I took was an investment strategy class.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Startup Lessons Learned

DECEMBER 23, 2009

Lessons Learned by Eric Ries Wednesday, December 23, 2009 Why vanity metrics are dangerous In a previous post, I defined two kinds of metrics: vanity metrics and actionable metrics. Towards a new entrepreneurship ▼ 2009 (88) ▼ December (4) Continuous deployment for mission-critical applica.

Metrics 167

Metrics San Francisco Lean Continuous Deployment 167

YoungUpstarts

MARCH 17, 2020

After the first appearance of this in 2009, virtual currencies have taken over the trading market. You can consider this method as the contractual agreement between the traders and the seller in which the foreign seller receives the payment, maintains the stocks, and manages the sales. One of the most used cryptocurrency is bitcoin.

Security 244

Security Stock Sales Audience 244

www.informationarbitrage.com

FEBRUARY 24, 2010

Read more » Recent Press The New York Times April 22, 2009 - A Company Plans to Market Illiquid Assets CNBC.com April 8, 2008 - Social Stock Picking Reuters April 6, 2009 - Bit.ly They might give them too much stock, and even have that stock not subject to vesting provisions.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

SoCal CTO

NOVEMBER 1, 2010

Think Again How to hire a programmer to make your ideas happen How Much Stock to Ask For When Joining a Startup - Startup Professionals Musings , June 20, 2010 Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 Eight Tips To Successfully Bootstrap Your Business Should Founders Be Allowed to Take Money off the Table?

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

Startup Lessons Learned

AUGUST 26, 2009

Lessons Learned by Eric Ries Wednesday, August 26, 2009 Building a new startup hub Last week, I had a unique opportunity to spend some time in Boulder at the behest of TechStars. They take common stock, not preferred, a fact that the entrepreneurs mentioned to me many times. August 28, 2009 1:15 PM Derek Scruggs said.

San Francisco 113

San Francisco Silicon Valley Startup Continuous Deployment 113

prosperati.com

OCTOBER 23, 2010

You work long hours at below-market rates for stock options, a chance to participate in the financial payout of the company’s success. In order for stock options to work, your employees must first have a vision of what stock options can do for them. How do you emulate this culture outside of Silicon Valley?

Offshore 40

Offshore Malaysia Developer Stock Options 40

The Next Web

NOVEMBER 12, 2014

Ever since 2007, we’ve witnessed the bursting of the real estate bubble, the stock market crash of 2008-2009, the Great Recession, high unemployment and a few years of painfully slow economic growth. Job growth is up, the stock market has recovered and people are feeling more.

Lead Generation 134

Lead Generation Entrepreneur B2B Stock 134

The Startup Magazine

JUNE 28, 2020

Since 2009 when bitcoin got released many people got into the industry and started investing. Most of the people when they think about bitcoin they think what bitcoin could be – an investment, a stock you can trade, a technology that will form the future of whole industries. Trading bitcoin can be profitable and fun also.

Chicago 99

Chicago Green Stock Networking 99

Startup Lessons Learned

AUGUST 2, 2008

But the investor is already being compensated for that risk in the low price of the stock, so it is unfair to delay. Towards a new entrepreneurship ► 2009 (88) ► December (4) Continuous deployment for mission-critical applica. When a company is only two months old, every day you wait gives you 1.7% Even VCs do it.

San Francisco 125

San Francisco Software Review Technical Review Continuous Deployment 125

The Startup Magazine

NOVEMBER 13, 2018

He invested in a new division in his company in 2009 and has expanded significantly since then. He started it in 2009 with 10 employees and sold it to Susino Umbrella in 2014. He runs a hedge fund focused on consumers and industrial stock. He was 14 years old at the time. He started enjoying success in 2008 when Inc.

Cofounder 142

Cofounder Venture Capital India Valuation 142

BeyondVC

JANUARY 12, 2009

  It was way ahead of its time in the sense that it had a hardware device that connected to a paging network to deliver email alerts, stock quotes, and breaking news.    I wonder if 2009 is the year that some wireless startups breakthrough.  The post Is 2009 the year of mobile computing?

Mobile 60

Mobile SMS Venture Capital Web 60

YoungUpstarts

JULY 23, 2013

which was about $54 trillion in 2009. Moreover, the top 1% own half the countries’ stocks, bonds and mutual funds, while the bottom 50% own only.5% As the “ Wealth Inequality in America “ video describes, a Harvard business professor and economist asked over 5000 Americans how they thought wealth was distributed in the U.S,

America 133

America Bankruptcy Distribution Video 133

Cracking the Code

NOVEMBER 10, 2009

Tuesday, November 10, 2009. On the IPO front, LogMeIn made the news, being one of the few tech IPO on the NASDAAQ in 2009. The stock was very well received, jumping 25% on its first day of trading. Today, the stock is still up 22% and the company is trading at a very healthy 4.2 ▼ 2009. (9).

Software Review 48

Software Review Technical Review IPO Cloud 48

Startup Company Lawyer

MAY 4, 2009

TechCrunch initially reported on the Founder Institute in March 2009. Founders are not expected to quit their day jobs to participate in the program, which starts on May 19, 2009 and ends on September 8, 2009. Applications are due by May 10, 2009. May 19th, 2009: Identify a vision for your business. Applications.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

YoungUpstarts

AUGUST 7, 2019

Stock markets are the gold standard for many of us, although there are better investments out there if you are prepared to apply yourself. As a case in point, the Federal Reserve Bank of Atlanta published a graphic indicating that stock prices plunged 50% from the high to low between October 2007-March 2009.

Detroit 113

Detroit Stock Atlanta Chicago 113

Startup Professionals Musings

JANUARY 16, 2011

Usually a small company can sell about 20 percent of its stock in an IPO. The timing of an IPO is driven heavily by the state of the economy in general and the stock market in particular, in concert with your profitability. In 1999, there were 486 IPOs nationwide; just 10 years later, in 2009, there were only 63.

IPO 223

IPO Social Media Media Exit Strategy 223

Growthink Blog

AUGUST 29, 2010

stock market performance and the drumbeat of negativity that passes as business reporting these days has been the massive growth in U.S. Since the great “financial crisis” of 2008-2009, the firm’s clientele – really without us even trying – has becoming increasingly global. Almost completely shrouded in the anemic U.S. Not anymore.

Small Business 81

Small Business South Korea South Africa Uruguay 81

YoungUpstarts

FEBRUARY 11, 2014

Individuals of means—many of whom have spent years building their net worth and whose wealth is tied up in stocks, real estate and various expensive possessions—need cash quickly in order to take part. Mr. Aitken served as Chief Operating Officer of Myriad Group AG from March 13, 2009 to July 23, 2009. He co-founded Movota Ltd.

Balance Sheet 178

Balance Sheet .Net Cofounder Stock 178

Startup Company Lawyer

MARCH 14, 2010

To differentiate it from typical “Series A&# preferred stock, which comes with certain expectations with regard to rights. There is no real rule to what a particular series of preferred stock is called. The Series Seed Stock Purchase Agreement has fairly limited reps and warranties. Why is it called Series Seed?

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

YoungUpstarts

NOVEMBER 13, 2012

A volatile stock market and economic recession have since changed much of this thinking. When Amazon came knocking in 2009, they had been modestly profitable for only two years. They devalued the company and sold 70% of the business to private investors in 2009. Also not surprisingly, they didn’t make much money.

IPO 162

IPO Exit Strategy San Francisco Startup 162

ConversionXL

FEBRUARY 28, 2017

Eric Ries, CEO at Long-Term Stock Exchange and author of Lean Startup , explains why this isn’t as big of a deal as it seems for agile teams… Eric Ries , Long-Term Stock Exchange: “If you’re worried about disappointing some potential customers – don’t be. .’ ’ That is true validation.” (via

Product 48

Product Audience Stock Conversion 48

SoCal CTO

JUNE 9, 2010

Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. He’d wasted a year of his life and had a pile of stock options that weren’t very interesting. You could just outspend. You could use brute force to get the word out. Tesla is not.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Steve Blank

OCTOBER 24, 2017

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

Founder 245

Founder Technical Review CTO Hire IPO 245

Startup Company Lawyer

MAY 13, 2009

One proposal would dramatically improve the treatment of “ qualified small business stock &# issued after February 17, 2009. If enacted, this would significantly enhance the tax incentives currently available for qualified small business stock. ELIMINATE CAPITAL GAINS TAXATION ON INVESTMENTS IN SMALL BUSINESS STOCK.

Capital Gains 47

Capital Gains Stock Small Business Redemption 47

OnlyOnce

JUNE 23, 2022

And yet there are days and circumstances that feel like 2001 or 2009. Yes, inflation is high, the stock market is down, and interest rates are creeping up. There are days and circumstances where everything feels normal. Plenty of businesses, especially in the tech sector, are kicking ass. It’s tough to navigate as a startup CEO.

Europe 62

Europe Stock Revenue Global 62

This is going to be BIG.

DECEMBER 2, 2014

My godfather got me IBM stock right after that, so that''s how I knew that a stock market and investing existed. I started a business newspaper in 1998 in college covering the stock market and the economy. I started a company, failed at it, and joined First Round in 2009 to help them open up their NYC office.

Venture Capital 110

Venture Capital Stock Naming Technology 110

Hunter Walker

JANUARY 3, 2021

In 2009 Y Combinator founder Paul Graham wrote an essential essay called Maker’s Schedule, Manager’s Schedule. I’ve historically not been a “New Year’s Resolutions” type of guy, but have found a certain mindfulness in at least taking stock of what’s working well for me and what’s less useful. And that’s the problem. Notes and More.

Early Stage 145

Early Stage Management Startup Portfolio 145

Hearpreneur

JUNE 11, 2021

To avoid burnout, I’ll try to take an hour or half-hour lunch break and schedule it into my calendar, and when we’re working in-office, I keep Outstanding Foods' office stocked with our Pigless Pork Rinds and puffs so my employees and I can snack throughout the day. I have been self-employed since 2009. First is regular vacations.

Entrepreneur 125

Entrepreneur Partner Software Review CPA 125