Both Sides of the Table

SEPTEMBER 28, 2014

it is also the title of a fabulous book from Internet 1.0 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.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Both Sides of the Table

JANUARY 10, 2010

In early 1999 I made the decision to fulfill my lifelong dream to live and work in Japan. I will also cover how I accomplished this in a separate post but in early 1999 I arrived in Tokyo for the first time. I got to experience much of the local culture and customs. I spent 8 weeks there per year as well as time in Chicago.

France 295

France Spain Technical Review Hungary 295

Both Sides of the Table

FEBRUARY 14, 2010

One of our core tasks was “market analysis,&# which consistent of: market sizing, market forecasts, competitive analysis and then instructing customers on which direction to take. In 1999 I was in Japan doing a strategy project for the board of directors of Sony. But you have to understand how to interpret your numbers.

Investment Bankers 415

Investment Bankers Mobile Software Review Japan 415

crowdSPRING Blog

APRIL 18, 2011

I like doing anything and everything I can over the internet. Some might say this is because I am a college-aged millennial whose social skills have been stunted by technology, but I think it has more to do with the ease, convenience and immediacy the internet provides. The internet will prevail. Internet’s got your back.

Small Business 105

Small Business New Jersey Internet Bootstrapping 105

thebarefootvc

AUGUST 13, 2013

These vertical solutions would focus on specific pain pain points in the enterprise, such as logistics or customer relationship management. Whereas I may have seen a dozen companies in 1999 with a point solution in a particular area, now I see multiples. Are you following, in sync, or ahead of the market? – PEOPLE.

Advisory Board 70

Advisory Board Cloud Venture Capital Vertical 70

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

YoungUpstarts

JUNE 11, 2018

If you own a small business, you should know that internet marketing is essential to your company’s success. When customers enter that fence, you’re able to market to them and send them messages. Not only is this convenient for you as a business owner, but it’s also very convenient and helpful for customers.

Small Business 189

Small Business Marketing Massachusetts SEO 189

Agile VC

MAY 26, 2011

is the leading consumer internet company with Terry Semel as CEO. One partnership was clearly very divided and a vocal minority of GPs thought consumer internet companies were a massive waste of time and money. Consumer internet plays in Canada are rare, and finding a VC willing to give you the cash to scale is even more so.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. It included one firm who I asked not to call Salesforce.com as a reference (they were our largest pilot customer) and in their kindness they called Marc Benioff (the CEO) and asked his opinion. I thought, what would I do if I was trying to sell to a customer.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Mike Michalowicz

MAY 31, 2014

Perhaps most people just can’t wrap their head around the idea that, in order to provide great customer service, you need to avoid promising your customers everything. The mega online shoe retailer, which was started in 1999 out of a house, has grown into a company that saw its 2008 sales hit $1 billion.

Customer 97

Customer Reputation Sales Internet 97

abovethecrowd.com

OCTOBER 17, 2013

Customers are first asked to fill out an in depth profile to help identify their size, style, and preferences. Then, on the customer’s requested date, the company sends a personally styled offering (a Fix) of five items (previously unseen) to the individual to try on in her own home. Katrina herself is equally impressive.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

David Cohen

MARCH 30, 2020

We raised a lifetime grand total of $100,000 for that business in the form of advance payment from early customers. In 1999, we sold that business and I started angel investing. In 2000, the Internet bubble burst. Other startups will fail, and you can acquire their talent, their IP, their customer bases for cheap.

Founder 174

Founder Valuation Startup IP 174

Startup Professionals Musings

JANUARY 10, 2016

Actually, great new customer solutions lead to great platforms, not the other way around. Extrapolating you as the target customer. Never mix up what you like with what your customers will buy. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. In reality, failure is not a bad thing.

Business Model 120

Business Model Intellectual Property Startup Bankruptcy 120

Startup Professionals Musings

JUNE 5, 2013

In 2012, total entrepreneurial activity in the United States hit its highest level since their survey started in 1999, according to Babson College. In the beginning, the entrepreneur has to cover all talents, which is made more possible these days by the wealth of information available on the Internet, as well as books and online courses.

Intellectual Property 249

Intellectual Property Startup United States Framework 249

Growthink Blog

NOVEMBER 8, 2010

Try these statistics on for size, from 1999 to today Asia’s share of the world’s Initial Public Offerings grew from 12% to 66%. How easy / possible is it for global customers to buy your product – to purchase your service? • Pursue Global Markets. 7 Companies in China have raised more than $1 billion in an IPO this year.

Africa 104

Africa Brazil China India 104

Gust

JUNE 19, 2012

I bought the Rocket eBook Reader in 1999. Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Second best are letters from future customers promising future business. .

Startup 180

Startup Forecast Angel Investor Software 180

YoungUpstarts

MARCH 21, 2013

There are dozens of helpful websites on the Internet that will guide your early entrepreneurial steps in the process. Can you persist in endless discussions with vendors and potential customers to accept your terms and help your business to grow profitably? Time to get fired up and ready to go! Where do you start?

Cleveland 228

Cleveland Incubator Government Global 228

Startup Professionals Musings

JANUARY 9, 2015

Actually, great new customer solutions lead to great platforms, not the other way around. Extrapolating you as the target customer. Never mix up what you like with what your customers will buy. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. In reality, failure is not a bad thing.

Intellectual Property 120

Intellectual Property Startup Bankruptcy Viral 120

Both Sides of the Table

NOVEMBER 4, 2010

This is important because the customers they serve (the red line) demand a product that meets their complex requirements. So the startups tend to focus on totally new customers. Often the startups are actually serving a slightly different kind of customer or a slightly different market need. Enter Salesforce.com. billion.

Vesting 376

Vesting Framework Revenue Technology 376

YoungUpstarts

APRIL 2, 2018

Regular computers must be united into a sophisticated computing network; big tasks should be broken into smaller ones; and all the possible contingencies — like slow internet or sudden computer shutdowns — must be taken into consideration. (Unless it’s a high-end supercomputer with a computing capacity of 10 000 regular PCs.)

Search 179

Search Aggregator Distribution Framework 179

Startup Lessons Learned

SEPTEMBER 8, 2008

I was building a new startup in 1999, and wanted to do it right. We just had our app support a few tens of thousands of customers, and it did well. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? How to listen to customers, and not just the loud.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

Feld Thoughts

APRIL 3, 2011

In the tech industry, the great Internet bubble inflated between 1999 and 2000 and deflated (or popped) in 2001. So, in hindsight, the great Internet bubble of 2001 was very powerful and useful to me, even though it was very painful. So I spent some time on my run yesterday rolling the idea of a bubble around in my head.

Entrepreneur 143

Entrepreneur Finance Internet Web 143

abovethecrowd.com

FEBRUARY 27, 2019

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.

Internet 88

Internet Matching Vertical Hosting 88

YoungUpstarts

JUNE 17, 2012

Beginning in 1999, in order to make ends meet while pursuing my artistic passions, I looked for odd jobs. It was before the Internet was widely used, so it wasn’t as easy to check it out, and I hadn’t yet developed my SCRAM method. At one point, I was even Ronald McDonald’s bodyguard!

Seattle 145

Seattle Affiliate Internet Search 145

37signals.com

DECEMBER 5, 2011

Established 1999 in Chicago. One thing we learned early on talking to Basecamp customers: Many of them didn’t even know that the app was called Basecamp. I would not recommend you if you were “Customer Relationship Management, Platinum Edition 2010” :—). Most Internet marketing does not work that way.

Product Name 44

Product Name Naming Product Software Review 44

Both Sides of the Table

JUNE 1, 2011

If you take a snapshot during an extraordinary surge in valuations, M&A activity, IPOs and thus wealth creation you’d echo John Doerr’s famous quote from 1999 that, “The Internet is the greatest legal creation of wealth in history.&# That’s how it felt then and a bit how it feels in May 2011.

IPO 391

IPO Finance Valuation Naming 391

thebarefootvc

DECEMBER 16, 2011

What’s different this time around (as opposed to the tech bubble of the late 1990s) is the widespread use of technology, “digital natives” (millennials who grew up with the Internet and mobile phones) coming of age, and a cultural shift towards self-employment and risk taking (again, powered by stark economic realities).

Technical Review 110

Technical Review India Mobile Hockey Stick 110

Both Sides of the Table

DECEMBER 13, 2010

By 1999 we had grown into the largest independent consulting firm in the world. By 1999 it seemed like everybody was growing, though. Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses.

Turkey 302

Turkey Differentiation IP Technical Review 302

YoungUpstarts

JANUARY 3, 2012

Since its organization in 1999, SHARE has become the biggest microfinance institution in India, and its success has prompted other banks to begin their own microfinance programs. The bank lends to groups of women, with each receiving $50 to $100 to buy rickshaws for transporting wheat to market or to help them open Internet kiosks.

Colombia 263

Colombia Kenya San Diego Ethiopia 263

www.inc.com

SEPTEMBER 24, 2011

Internet and Online Business. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. Get and keep customers with affordable online marketing tools. Why customers watch videos. LEADERSHIP & MANAGING. Leadership.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Startup Lessons Learned

MAY 14, 2009

Take a look: This full-day Master Class focuses on how to build a startup from the ground up to focus on customers, markets, and speed of iteration. Im working on a future post where Ill share the details of how I used customer development to shape both the content and packaging of this event, so look for that soon. It was a disaster.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

ReadWriteStart

APRIL 26, 2012

They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. What's happened in the last decade, the cost of launching an Internet product - forget other technologies, we'll focus on Internet - has dropped from $5 million to $500,000 in 2005, to $50,000 today," he continues.

IPO 115

IPO Stock San Francisco Lean 115

Hearpreneur

JANUARY 7, 2017

I’ve built a loyal customer base and by selling directly through image consultants, stylists, at shows and on my website I am able to give my clients top quality at almost wholesale affordable prices. (I I have encountered numerous companies with bad customer service, or bad financial management, or unprofessional stuff, you name it.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

ReadWriteStart

AUGUST 26, 2022

He focuses on investments in fintech, the internet, and software. You’re going out to acquire customers. So they have about 60 million customers now, and they have a view of the net present value of each customer when they’re onboarding them and their models to show it. Jonathan Siddharth . Welcome, David.

Partner 132

Partner Cofounder Retention Acquisition 132

crowdSPRING Blog

APRIL 24, 2012

Customers use our website to personalize each item to suit their occasion. When we said in 1999 that we were internet-based they thought we were a sub-par company. When we said in 1999 that we were internet-based they thought we were a sub-par company. Now when you say internet company, people take you seriously.

Small Business 79

Small Business America Design Internet 79

Startup Lessons Learned

FEBRUARY 7, 2013

A few of the detailed case studies include: Tech legend Bill Gross building an MVP in 1999 to test demand for online car sales, which grew into CarsDirect.com. BetaBrand building apparel MVPs and testing them quickly with targeted customer communities. LitMotors approach to using Lean Startup to create a new vehicle category.

Lean 167

Lean Entrepreneur Agile San Francisco 167

Feld Thoughts

NOVEMBER 24, 2016

While our customer for each product was the same (a webmaster or a company trying to build a website), we were having trouble leading with all three products. The tension of the Internet bubble bursting hadn’t started yet, but I was already exhausted and negotiating basically all the time with everyone about everything.

Non-Compete 70

Non-Compete LP Venture Capital Affiliate 70