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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. 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. There was no money train. It was 1991.

Valuation 466
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Back In The Filtering Game: Entrepreneur Drawn by The Siren Call Of The Startup

YoungUpstarts

In 1999, my brother Aaron and I started InternetSafety.com. In a flash of brilliance, we took our dial-up filter technology and built a software product that would run on any computer regardless of its Internet connection type. We had no experience in running an Internet filtering software business, but this didn’t concern us.

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Why Employer-Sponsored Health Insurance Is A Thing Of The Past And What You Should Do About It

YoungUpstarts

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. Two, establish a formal reimbursement program to reimburse employees for their substantiated individual health insurance costs on a post-tax basis — up to a healthcare allowance specified by the company.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.

Burn Rate 383
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How Pertino is reinventing the future of business networking

Lightspeed Venture Partners

Over a coffee in a small office in Cupertino (yes, their name is related to their founding hometown), we talked about how it was the right time to build a new networking company due to the confluence of three major trends: cloud, software defined networking (SDN), and the consumerization of IT. The discussion struck a chord with us.

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Stop Thinking And Acting Local: Small Businesses Seeking Growth Should See Themselves As Global Enterprises

YoungUpstarts

There has been a tremendous revolution in software in the last 5+ years that has brought down the cost of setting up a full service, secure e-commerce store to roughly the cost of an bottle of wine (per month). 1 Bill Gates, Business @ the Speed of Thought: Succeeding in the Digital Economy, March 24, 1999.

Global 145
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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

The Torch program created Innovation Clusters by creating national Science and Technology Industrial Parks (STIPs), Software Parks, and Productivity Promotion Centers. In addition to the 54 Science and Technology Industrial Parks, the Torch program also set up an additional 32 Torch Program Software Parks. Seed Funding (Innofund).