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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to Will Yang, Instrumentl ! #4- 4- Netflix. Photo Credit: Jen Wan.

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Boston Unicorns

Seeing Both Sides

That said, only three of these companies are software technology companies - TripAdvisor ($12.5B), athenahealth ($5.0B) and Starent ($2.8B) - and they were founded in 2000, 1997 and 2000, respectively. 2004), Kayak ($1.8B/2004) 2004) and Fleetmatics ($1.4B/2004), 2004), although the latter was founded in Dublin.

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Because the Domain Makes it Really Real

This is going to be BIG.

I got an internship on the buy side at the GM pension fund in high school--in 1997. I tried to write a book for college kids in 2002-2003, couldn''t get it published, so I started blogging in February of 2004. I met Brad and Fred in the Summer of 2004, agreeing to join them later that year--my first job at a fund.

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Outperform Competitors: 3 Strategies for Real Staying Power

Growthink Blog

first moved to Los Angeles in 1997 to go to business school at UCLA. And then in 2004, I moved back to New York and started Growthink's NY office. I returned late last night from a trip to Los Angeles. To give a little background.I Two years later I started Growthink, whose headquarters remain in Los Angeles. read more.

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The Maytag Guarantee

Mike Michalowicz

Industry Week’s Feb 11th, 2006 article reported Maytag’s “quality nightmare” with it’s Neptune washing machine back in 1997. Maytag suffered extremely, including a $9M loss in 2004, cited in the same article. But not anymore. Things are different. So what happened? Marketing has shifted, yet Maytag has not (at least not enough, yet).

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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

This lasted from about 2001-2004. This probably wasn’t a fun period of time for a new VC but nonetheless probably made Mike stronger than having started in 1997. Since then Mike his built his career by investing in early-stage companies (seed or series A), which is remarkable given that Polaris Ventures is a $1 billion fund.

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The Uber IPO – Imaginary Profits Only

Start Up Blog

Amazon IPO 1997 – 2 years after it was founded. Google IPO 2004 – 5 years after it was founded. Facebook IPO 2012 – 8 years after it was founded. Uber IPO 2019 – 10 years after it was founded.

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