The Story of Jeff Bezos’ $250,000 Investment into Google in 1998

Growthink Blog

The post The Story of Jeff Bezos’ $250,000 Investment into Google in 1998 appeared first on Growthink.

Project: The Story of Jeff Bezos' $250,000 Investment into Google in 1998

Growthink Blog

After my column a few months ago regarding Jeff Bezos' now famous (and incredibly profitable) investment into Google in 1998, I was deluged with comments and opinions on this question - was his investment luck or was it foresight? The backdrop again: In 1998 when Larry Page’s and Sergey Brin’s Google offices were a Menlo Park, California garage - Bezos invested $250,000 of personal funds into the fledgling search engine. Remember this was 1998 not 1994.

IPO 48
Insiders

Sign Up for our Newsletter

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

The "Glo-ver" phase in enterprise apps

deal architect

I don't mean to pick on NetSuite but it is one of the oldest cloud apps vendors - born as it was in 1998. Over 21 years, you would think it would have a fuller global footprint. Especially since it. Cloud Computing, SaaS Global and Vertical extensions Industry Commentary

I went to London and all I used was this stupid phone from 1998

Jeff Hilimire

I was in London over the weekend with my wife celebrating our 10 year anniversary. I decided rather than go through the process of switching my iPhone over to work in London for those 3 days, I’d just buy one of those cheap, pay-as-you-go phones and experience London without the distraction of always wanting to check my iPhone.

If it aint broke, improve it

deal architect

Doug Belden invited me for a visit after he read my recent blog about innovation at the Hillsborough County Tax Collector’s office he has presided over since 1998. It is a candidate this year for the prestigious Malcolm Balridge award.

183
183

Yuri Milner Allocates $150 Million in ICQ Ventures to Invest in Israeli Startups

VC Cafe

The poster-child of Israeli startups which was sold to AOL in 1998 for $287 million (ancient link!) Remember ICQ? and later on to DST for $187 million in 2010, Yuri Milner's holding corp, is now. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. DST ICQ Ventures Yuri Milner Mor Yegerman

Can You Launch A Product With No Webinars, No Videos, No Multimedia And Still Succeed?

Entrepreneurs-Journey.com by Yaro Starak

For a good eight years from 1998 to 2006 all my online business projects were text based, with some images thrown. In the last decade the world of internet marketing, like the internet itself, has become dominated by multimedia. It’s a different world to how I first started out online. The post Can You Launch A Product With No Webinars, No Videos, No Multimedia And Still Succeed? appeared first on Entrepreneurs-Journey.com.

Why digital tools you use in your personal life should be on your CV

The Next Web

I entered the workforce in 1998 during the midst of the dotcom bubble. To stay relevant in a highly competitive and unpredictable market, I found myself constantly updating my resume with software proficiencies I thought companies would find desirable. However, none of the software proficiencies I included in my resume proved to be applicable or remotely useful in my personal life.

TextureMedia Gets Acquired by New York-based Ultra/Standard

SiliconHills

TextureMedia, formerly known as NaturallyCurly.com, has raised about $2 million since its founding in 1998. TextureMedia, a hair care media company in Austin, got acquired Monday by Ultra/Standard, a multicultural hair care and beauty distribution company based in New York. Terms of the deal were not disclosed. It was one of the first investments made […] The post TextureMedia Gets Acquired by New York-based Ultra/Standard appeared first on SiliconHills.

Rackspace Lays Off 6 Percent of its U.S. Workers

SiliconHills

Founded in 1998, Rackspace is one of San Antonio’s largest technology companies with about 5,000 employees worldwide. Three months after its $4.3 billion acquisition by Apollo Global, Rackspace Tuesday announced it is cutting 6 percent of its U.S. workers. It has about 3,700 employees based at its headquarters at the former Windsor Park Mall in […] The post Rackspace Lays Off 6 Percent of its U.S. Workers appeared first on SiliconHills. Austin San Antonio

Lessons Learned Running Dunkin Donuts

Duct Tape Marketing

He was the chief executive officer of Dunkin’ Donuts for thirty-five years from 1963 to 1998 and also served on the board of directors of Sonic Corp and Domino’s Pizza. . Lessons Learned Running Dunkin Donuts written by John Jantsch read more at Duct Tape Marketing.

PPC 65

The All You Can Eat 24-Hour Buffet: SXSW Interactive Kicks off

SiliconHills

In 1998, the conference, then called SXSW Multimedia had a hard time gaining traction and took a backseat to the music and film conferences, said Hugh Forrest, executive director of SXSW Interactive. BY LAURA LOREK Reporter with Silicon Hills News South by Southwest Interactive didn’t always get a lot of respect.

Solar Winds and Rackspace on Forbes’ Fastest Growing Tech Companies List

SiliconHills

Rackspace Hosting, founded in 1998 and based in San Antonio, snagged the 19th spot on the list. Solar Winds, founded in 1999 and based in Austin, ranks 11th on Forbes’ List of the Top 25 Fastest Growing Technology Companies. Solar Winds, which makes information technology management tools, has 628 employees and $282 million in revenue, [.] The post Solar Winds and Rackspace on Forbes’ Fastest Growing Tech Companies List appeared first on SiliconHills. Austin

Do You Have The Mercedes Benz Syndrome?

YoungUpstarts

She began training on the Internet in 1998 and began the first television-like broadcasting in 2002, launching her own TV channel – www.hvacchannel.tv. by Ruth King , president of Business Ventures Corporation and the author of “ Profit or Wealth?:

.Net 153

Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. In 1998 Goto.com , a small startup (later Overture, now part of Yahoo ! ), created the pay per click search engine and advertising system and demo’d it at the TED conference. Strategic Management Journal Volume 19, Issue 12, pages 1111–1125, December 1998. [3] First-Mover Advantage is an idea that just won’t die.

I Just Did A Launch With No Webinars, No Videos, No Multimedia. Here’s What Happened…

Entrepreneurs-Journey.com by Yaro Starak

For a good eight years from 1998 to 2006 all my online business projects were text based, with some images thrown. In the last decade the world of internet marketing, like the internet itself, has become dominated by multimedia. It’s a different world to how I first started out online. The post I Just Did A Launch With No Webinars, No Videos, No Multimedia. Here’s What Happened… appeared first on Entrepreneurs-Journey.com.

Age of companies when they achieve $1bn valuations

The Equity Kicker

The fact that the trend has been going for some time – Google was founded in 1998 and Tesla and Facebook in 2003 and 2004 respectively – suggests that the bubble explanation can’t be the whole story. I just saw the above chart in a post about exponential organisations from Salim Ismail of the Singularity University.

Appddiction Studio Creates An Anti-Bullying App

SiliconHills

Porter, who retired from the army as a sergeant first class in 1998, lost all the fingers on his left hand and all [.] BY RANDY LANKFORD Reporter with Silicon Hills News If Tim Porter didn’t let a bomb blowing up in his hands stop him, he’s certainly not going to back down from a bully. The post Appddiction Studio Creates An Anti-Bullying App appeared first on SiliconHills. Austin Technology

Austin-based Silicon Labs Buys Telegesis of the U.K. for $20 million

SiliconHills

Telegesis, founded in 1998 in High Wycombe, England, outside of London, uses Silicon Labs’ ZigBee technology in its smart meters, USB adapters and other products. Austin-based Silicon Labs announced Monday it has acquired Telegesis, a privately-held supplier of wireless mesh networking modules, for approximately $20 million.

Why Sending Your Workers ‘Back To School’ Is Good Business

YoungUpstarts

Shawn Burcham , author of “ Keeping Score With GRITT : Straight Talk Strategies For Success ” is the founder & CEO of PFSbrands, which he and his wife, Julie, started out of their home in 1998.

Are Growing Pains Afflicting Your Business? How To Successfully Scale Your Company

YoungUpstarts

Shawn Burcham , author of “ Keeping Score With GRITT : Straight Talk Strategies For Success ” is the founder & CEO of PFSbrands, which he and his wife, Julie, started out of their home in 1998.

ProductionHUB Helps You Search For Media Production Professionals

YoungUpstarts

Developed in 1998, this vertical B2B and entertainment industry portal has grown to become the world’s largest and most active production community search site and as well as a fast growing freelance network of film, television, video, digital media and live event professionals.

Search 136

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. It’s appalling what passes for “successful entrepreneurship” in the press or the Valley, but it’s not their fault.

IPO 200

Facebook Helps Me Be Proud of My Dad In The Morning

Feld Thoughts

I remember the 1998 Orlando meeting and talking to him about it. Facebook can be a magical thing. I’m often frustrated about how to engage with it (I’m more of a Twitter person) but every now and then something happens that reminds me how awesome Facebook can be. For a variety of silly reasons, I had lost touch with my best friend in high school (Kent Ellington) about 30 years ago.

Austin 109

Survival Checklist For New Solopreneurs

YoungUpstarts

Serial entrepreneur Donovan Janus started his first company NTN Publishing in 1998, and started Exposure Manager in 2004. by Donovan Janus, founder of 17hats. The hard part is over! You’ve already decided that your side business or after work hobby is going to become your new primary source of income. This is an extremely exciting time filled with endless possibilities where growth is nascent and mistakes are bound to be made and learned from.

Prevailing Wisdom

Mucker Lab

1998 – “There is no room for personal productivity software startups – Microsoft will eat your lunch when you get big enough and Symantec will take the crumbs”. 1994 – “Consumers are fickle and unpredictable. Consumer products and services are hit driven, it’s really hard to build a scalable consumer company”. Internet). 1996 – “It’s impossible to get to build a billion dollar company selling widgets at $15 and taking $1 commission one at a time”. eBay).

The Profound Connection Between Poverty And Burn Injuries

YoungUpstarts

I began my volunteer work on the burn unit in early 1998 and within months of my volunteering I co-founded Moonlight Fund, a nonprofit for burn survivors. by Celia Belt , author of “ Remarkably Intact: Angels Are No Strangers to Chains “ Late one night in December of 2000, I found myself driving home from another long day of volunteering on the burn unit.

Stockn’Go – How Low Can Prices Go?

YoungUpstarts

Stockn’Go is co-founded by Adam Berkowitz in 2010, who first started his entrepreneurial stint by founding an interactive design and marketing agency in late 1998 called ID Society with fellow Stockn’Go Jonathan Webb.

Naming 116

Hope Is The Consequence of Action

Feld Thoughts

David mentioned a quote that he attributed to Cornel West and Roberto Unger from their 1998 book titled The Future of American Progressivism. Last night Amy and I hosted an event at our house for the ACLU and Earthjustice , two organizations we are significant supporters of. If you told me 20 years ago that I’d be spending a lot of my philanthropic energy supporting lawyers, I would have aggressively rejected the notion.

Silicon Valley Is Still Best Place to Build a Startup But…

Hunter Walker

When I got out to Stanford in 1998 it was still the dawn of the consumer commercial internet. I’m an unabashedly pro-Silicon Valley homer. 12 of Homebrew’s first 17 investments are based here (four in NYC and one in Salt Lake City), attended grad school at Stanford and coming up on Year 18 living in the Bay. Midway through my career, this is where I want to be and if I was just starting out, it would probably be the same story.

What is the biggest enemy of a startup?

K9 Ventures

In 1998–1999, when I was running my first company, one of my investors, the late Don Jones , came by to visit us at the office. Don was totally a people person and just an all around great person to talk to. In fact, I can hear the intonation of his voice in my head as I type this. Our company was at a stage where we were recruiting, building product, and trying to find product market fit.

How Diversity Can Increase Innovation And Growth In Your Business

YoungUpstarts

I came to the United States in 1998 as a Turkish immigrant with my husband Serhat Pala. by Zeynep Ilgaz, Chief Executive Officer of Confirm BioSciences. It’s no secret that many industries like tech and biopharma have struggled with diversity. In the annual 2017 Fortune 500 listing, including ten ranked biopharmaceutical companies , not one was led by a female CEO or had a female Chairman of the Board.

7 Rules For Better Data Protection Compliance

YoungUpstarts

Keep in mind that if you are using a third party data e.g. for database management or bulk mailings and are offering them access to personal data, you need to have a contract in writing with them to be sure that they will treat such data securely, confidentially, and in compliance with the 1998 Data Protection Act. In a world where corporations and businesses are trusted with people’s data, better data compliance is a must. Check out these tips to improve it in your business: 1. Consent.

Four Key Tips To Successfully Grow Your Business

YoungUpstarts

Prior to his role at StockPKG, Sean successfully started Desert Plastics in 1998 and turned it into a multimillion dollar company before selling it in 2004. by Sean Rudner, small business expert, creative entrepreneur and owner of the ultimate business resource StockPKG. Company growth: everyone wants it, but unfortunately not all have the means to succeed.

The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. All the usual caveats apply. I was only in China for a week so this a cursory view.

Want Employees To Love What They Do? Here Are 4 Ways To Get There

YoungUpstarts

Shawn Burcham , author of “ Keeping Score With GRITT : Straight Talk Strategies For Success ” is the founder & CEO of PFSbrands, which he and his wife, Julie, started out of their home in 1998. by Shawn Burcham , founder and CEO of PFSbrands and author of “ Keeping Score With GRITT : Straight Talk Strategies For Success “ Bosses might want to take notice if employees view their jobs as “the daily grind.”.

The Godfather of Peanut Butter: How One Sandwich Shop Turned Into a Nutty Empire

Hunter Walker

Lee put his hypothesis to test in 1998 via Peanut Butter & Co , a small retail shop which has turned into a multiplatform success. sandwich shop in 1998, and the menu consisted entirely of peanut butter sandwiches, snacks, and desserts. Q: The business started in 1998. I’m a liberal arts guy – not just in spirit but also education, having studied History at Vassar College.

Prevailing Wisdom

Mucker Lab

1998 – “There is no room for personal productivity software startups – Microsoft will eat your lunch when you get big enough and Symantec will take the crumbs”. 1994 – “Consumers are fickle and unpredictable. Consumer products and services are hit driven, it’s really hard to build a scalable consumer company”. Internet). 1996 – “It’s impossible to get to build a billion dollar company selling widgets at $15 and taking $1 commission one at a time”. eBay).

Entrepreneurs Unplugged with Andre Durand

Feld Thoughts

Durand was founder and CEO of Durand Communications, a bulletin board software provider (acquired by Webb Interactive in 1998). Once again I’m moderating the Entrepreneurs Unplugged series hosted by Silicon Flatirons. Our first interviewee – this coming Monday night – is Andre Durand, the founder and CEO of Ping Identity. Andre Durand brings 18 years of software industry executive leadership experience to his role as founder and CEO at Ping Identity.

Software startups: Beware ‘magic’ bullets

The Equity Kicker

The term ‘pre-chasm’ is a nod to Geoffrey Moore’s 1998 classic Crossing the Chasm and refers to companies that may have sold to early adopters, but haven’t yet found a way to sell to the mainstream. I just read ‘Need More Time’? Guideposts For Tech Founders Going To Market When No Market Exists which is full of great tips for what they call ‘pre-chasm’ enterprise startups.

Because the Domain Makes it Really Real

This is going to be BIG.

I started a business newspaper in 1998 in college covering the stock market and the economy. Three years ago today, I grabbed the domain name BrooklynBridgeVentures.com. It''s kind of a funny answer to "When did you start Brooklyn Bridge Ventures?". What might be a more relevant date is May 22nd, 2007. That''s the day I sat down for lunch at Coffee Shop with Henry Blodget, just six days after Silicon Alley Insider launched.

Stock 93

[Singapore] Westin Returns, Sets Up In Central Business District

YoungUpstarts

It’s been over a decade since Westin left Singapore’s shores; the hotel chain sold off its two properties – The Westin Stamford and The Westin Plaza – to Swissôtel and Raffles Hotel in 2002, after the brand’s own acquisition by Starwood Hotels & Resorts Worldwide in 1998.

How Small Steps Can Drive Big Results For Your Business

YoungUpstarts

Shawn Burcham , author of “ Keeping Score With GRITT : Straight Talk Strategies For Success ” is the founder & CEO of PFSbrands, which he and his wife, Julie, started out of their home in 1998. by Shawn Burcham , founder and CEO of PFSbrands and author of “ Keeping Score With GRITT : Straight Talk Strategies For Success “ In business, it’s the major leaps that people notice and remember.