Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

AUGUST 24, 2015

If you didn’t notice that the stock markets in the US dropped nearly 4% today (after falling last Thursday and Friday) then you were probably completely off-the-grid and on vacation. It was a nerve racking morning. My favorite Tweet of the morning came from Hunter Walk. I caution people from thinking this is necessarily a bottom.

Stock 150

Stock Finance Marketing Valuation 150

dashes.com

SEPTEMBER 17, 2011

4) I enjoy my bourbon in peace. 4) Your employers lawyer is not your lawyer, and will not give you legal advice or speak or act in your best interest. By way of context: It took me 28 years (from summer fo 1975 til December of 2003) and at least four close encounters to see what seems to me so obvious after the fact.

NDA 52

NDA Technical Review Non-Compete San Francisco 52

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. You’ll find out the minimum when the next round is raised.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Both Sides of the Table

APRIL 27, 2010

3 or 4 may be for completely understandable reasons. Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Both Sides of the Table

JULY 29, 2015

It’s my hypothesis of why so many founding teams have 3-4 founders. We wasted 4 months and $40,000 and he closed up shop at the very first hurdle. I saw this in 2001-2003 and in 2008-2010. But I’ve been thinking a lot about failure in the past year or so. I wouldn’t work with him again.

South Korea 150

South Korea Italy Recapitalization Germany 150

View from Seed

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. VC firms historically raised new funds every 3-4+ years, now it’s firmly down to 3 years or less. Image from Sequoia Capital presentation.

IPO 202

IPO Early Stage Cofounder B2C 202

Agile VC

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. VC firms historically raised new funds every 3-4+ years, now it’s firmly down to 3 years or less. Image from Sequoia Capital presentation.

IPO 100

IPO Early Stage Cofounder B2C 100

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I’ve raised in boom markets and when everybody thought the Internet was a fraud. I’ve raised seed rounds and A-D rounds. And of course I’ve sat on the other side of the table: As a VC. Press the flesh.

Developer 366

Developer Silicon Valley PR Las Vegas 366

abovethecrowd.com

FEBRUARY 27, 2019

Four years later, in May of 2003, they launched Taobao Marketplace, Alibaba’s answer to eBay. Founded by Michael Bruno in Paris in 2001, 1stdibs (*) is the world’s largest online marketplace for luxury one-of-a-kind antiques, high-end modern furniture, vintage fashion, jewelry, and fine art. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

Both Sides of the Table

JANUARY 31, 2010

We built 4 products simultaneously to compete with the perceived need to offer end-to-end solutions like our US counterparts. Then I got engaged to be married in late 2001 and had the motivation to get really serious. So I decided to run the London Marathon in April 2003, just 3 weeks before my son was born.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

alexpoole.info

AUGUST 14, 2012

In 2003 as part of my master’s degree I reviewed over 50 empirical studies in typography and found a definitive answer. 2001 ; Tullis et al., 2000-2001 , Tullis et al., However, this has not been borne out by recent evidence ( Bernard, 2001 , Boyarski et al., Introduction. 1995 ; De Lange et al.,

Technical Review 85

Technical Review Software Review Design Web 85

Hearpreneur

JANUARY 22, 2017

4 – We Brainstormed It. When I actually started my PR firm in 2001, I had the name and the LLC already, so that’s what I went with, and in 2009 we rebranded to simply be The Eisen Agency. I started my home-buying business in 2003 with a personal net worth of negative $80,000. Thanks to Leeann Rybakov, BuckWHAT ! #4

Naming 48

Naming Entrepreneur LLC Software Review 48

Software By Rob

SEPTEMBER 1, 2011

In October of 2001, Webster, McCarthy, and Graff decided to do just that and GoldStar was born. Startup #4: Github. From it’s humble beginnings in 2003 in Seidle’s living room, SparkFun has grown into a favorite supplier for the increasing popular “Maker” community. How’d they do it? Startup #7: Grasshopper.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78