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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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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active.

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Strategy Roundtable For Entrepreneurs: New Assessment Tool For Entrepreneurs

ReadWriteStart

He currently has a 1999 strategy. partners to help bring his product to market. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Spain 115
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Gust Blog - Thoughts on startups by investors that fund them

Gust

I bought the Rocket eBook Reader in 1999. But in the real world, when you get to business numbers, sales are not accounts receivable and revenue isn’t income and people who read financial projections need to know that an apple is an apple, and not an orange. . Managing Partner , Tangent Capital. Antone Johnson.

Startup 180
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Marketing and Growth Lessons for Uncertain Times

ConversionXL

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. Even less does it mean high transaction volume or revenue.

Marketing 121
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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

This was the year that the promise of technology to truly change the world and empower individuals (the reason I entered the tech world in 1994) reached global scale. As of year-end, Foursquare had over 15 million users, with an exponential growth rate globally. Stanford University rolled out a free online Machine Learning course.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

LinkedIn’s product had only been live for a couple months, we only had tens of thousands of registered users, and wouldn’t start generating revenue for more than a year after this point. We three partners are working hard. Great to see you had such a good partner to start with. Thanks from switzerland, Nice story!