Remove 1997 Remove 2008 Remove Finance Remove Revenue
article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. Ah, but today’s Internet companies have real revenue! I said, “It’s much easier now than it was in 2008/09.&# and profits! That’s a fact.

article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. After I sold Smart Bear, that division has increased revenue and profit every year, for five years, even through the 2008/2009 economic disaster. It’s not about the financing path, it’s about what you’ve decided to build.

IPO 240
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. The Exit Problem. There are 20x more consumers online.

article thumbnail

Capital Market Climate Change

Ben's Blog

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3. 3/31/2008: 19.1. Financing capital market down round fundraising outkast' But they most certainly are not. How could this be?

article thumbnail

Capital Market Climate Change

Ben's Blog

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3 3/31/2008: 19.1 But they most certainly are not. Or maybe you are a lucky enterprise company and are pleasantly surprised—this time.

article thumbnail

37 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

So, in 2008, I began selling new and refurbished servers and storage lines, which quickly became advantageous to those small-and medium-sized businesses who needed to save money during the cash-strapped days of the recession and chose upgrading their systems versus buying new. #10) A friend challenged me to expand my offerings.

article thumbnail

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. That was written in September 2008. forward revenue for SaaS businesses when in the years before it had been less than 5x. And so it goes.

Valuation 150