Hearpreneur
SEPTEMBER 9, 2022
The project was a little unexpected – creating customer cereal boxes called Obama-Os and Cap’n McCains, timely for the 2008 elections. Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals. Photo Credit: Jen Wan. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-
Both Sides of the Table
JUNE 22, 2011
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.
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Software By Rob
OCTOBER 26, 2010
Rogue Wave’s fall began during Java’s rise to power in 1997-8. When everyone took notice of Java and abandoned C++ in droves, Rogue Wave’s revenues plummeted. They still saw their license revenue coming in, albeit a little lower each quarter. As a result, Rogue Wave’s revenues continued to decline.
A Smart Bear: Startups and Marketing for Geeks
OCTOBER 23, 2012
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. Support.com — On 2.5m But really, are all those acquirers so stupid? Surely not.
Both Sides of the Table
MAY 23, 2012
In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year.
Ben's Blog
JULY 16, 2013
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.
Hearpreneur
AUGUST 19, 2015
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.
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