Remove 1999 Remove Cost Remove Revenue Remove Technology
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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. We had nascent revenues, ridiculous cost structures and unrealistic valuations. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst.

Valuation 466
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It’s Morning in Venture Capital

Both Sides of the Table

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. They need a combination of capital and experience to separate from the rest of the pack – the low cost of starting a business means it is even more vital to become the market leader more quickly.

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Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

We slept under the tables, and pulled all-nighters to get to first customer ship, man the booths at trade shows or ship products to make quarterly revenue – all because it was “our” company. In the 20 th century, the best companies IPO’d in 6-8 years from startup (and in the Dot-Com bubble of 1996-1999 that could be as short as 2-3 years.)

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

For decades the “layering&# of technology has allowed us to develop IT systems and networks in a specialized way that let’s best-of-breed technology solutions to emerge at each layer of the stack and to allow people with different skill sets to specialize in key areas without having to have competence in every technology arena.

Cloud 343
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Market Like Its 1999 In 2015 – 9 Marketing Strategies That Worked Back Then & Still Work Now

YoungUpstarts

While it is important to keep pace with technological and tactical advances, it’s also important to hang on to marketing tools that continue to prove their worth. When it came to ROI in 1999, the bigger, brighter, and more noticeable your yellow pages’ ad was, the better. Print catalogs worked in 1999, and they still work today.

Marketing 100
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The Long-Term Value of Loyalty

Both Sides of the Table

I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). I learned how to get press coverage when we were no longer “hot.&# I learned how to manage costs effectively. and we ultimately sold when we hit $14 million and had more than $30 million in backlog revenue.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

We should end the year with a few million in fully recurring revenue and we’re projected to double next year. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. Probably revenue based. I think a couple of million or revenues is probably a reasonable goal.

Founder 329