Remove 1999 Remove Cofounder Remove Demand Remove Founder
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Lessons Learned: Hugh Molotsi

Startup Lessons Learned

One of the highlights of my time at Intuit was being part of a skunkworks team in 1999 that developed Intuit’s first payment service, the QuickBooks Merchant Account Service. I was generously rewarded the Intuit Founders Award in 2011 for helping get it started.

Incubator 121
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30 Entrepreneur Explain How They Came Up With Their Business Name

Hearpreneur

Since my co-founders and I haven't agreed on the company name yet, we decided to post in one of the Business Naming Facebook groups that we joined. 11- By identifying customers demand. I came up with my business name by identifying what our customers fundamentally and uniquely demanded from our Agency at a core value level.

Naming 146
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The Great Coding School Rollup of 2015

Feld Thoughts

When I saw the proposal, I immediately thought of the web consulting rollups of 1999. revenue were the correct valuations since these are generally 5% to 10% net income businesses that are 30% – 40% gross margin and heavily dependent on (a) transitory labor and (b) favorable supply/demand conditions. I’d argue the 0.5x

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Why Has Andreessen Horowitz Raised $2.7B in 3 Years?

Ben's Blog

After raising our first round of funding for Loudcloud in 1999, we went to visit our new venture capital firm and meet their full team. That excitement took a sharp downhill turn when one of the top partners said to me, in front of my co-founders, “When are you going to get a real CEO?”. Marc and I discussed this often.

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Rover Cuddles Up to $12 Million

Feld Thoughts

We invested in the company in 1999 during the ascension of the Internet bubble. We loved the two founders, Michael Beaudoin and Rodney Rice, but knew very little about marketplace businesses or the home improvement category. We learned this dynamic in the early 2000’s with our investment in ServiceMagic.

Seattle 149
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Hardware, IoT, and the Long Arc of the Internet

Agile VC

We’ve seen this not only with the “on-demand” economy of Uber, AirBnB, et al but also with hardware devices that rely on a connection to internet to monitor, manipulate, manufacture, or otherwise impact our physical world.

Internet 100
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Hardware, IoT, and the Long Arc of the Internet

Agile VC

We’ve seen this not only with the “on-demand” economy of Uber, AirBnB, et al but also with hardware devices that rely on a connection to internet to monitor, manipulate, manufacture, or otherwise impact our physical world.

Internet 100