Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). I talked also about 409a valuations and why common stock purchases cost less than preferred stock purchases. Most importantly we talked about my good friends at Okta who were financed by Andreesen Horowitz.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

YoungUpstarts

MARCH 29, 2017

Without mass adoption of document management technology across compliance-centric industries such as finance, accounting, insurance, manufacturing, healthcare, and human resources (industries vital to the lifeblood of the economy) digital data breaches and the un-secureness of paper-dependent processes will persist.

Management 100

Management Technical Review Albuquerque Security 100

ConversionXL

NOVEMBER 27, 2019

The New York Times, January 2001. Finally, in December 2001, came the big reveal: Ginger was the Segway. . As practitioners of high finance,” writes Ron Chernow in The House of Morgan, the Morgans: cultivate a discreet style. Dean Kamen’s code name for the project was “Ginger.” That was all most people knew.

Customer 108

Customer Differentiation West Virginia Campaign 108

ConversionXL

NOVEMBER 27, 2019

The New York Times, January 2001. Finally, in December 2001, came the big reveal: Ginger was the Segway. . As practitioners of high finance,” writes Ron Chernow in The House of Morgan, the Morgans: cultivate a discreet style. Dean Kamen’s code name for the project was “Ginger.” That was all most people knew.

Customer 101

Customer Differentiation West Virginia Campaign 101

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. Truthfully.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. While the company continues to perform well it has come at a cost. But they were the lucky company because there was an investor that believed in the high-growth scenario and was willing to continue funding at any cost.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Babbling VC

AUGUST 10, 2011

OK, hands up, who's truly surprised by the drop in the stock markets or the postponed tech IPO's or even the upcoming slowdown in venture financing? I am seriously babbling like everyone else did in 2001, 2008 and now again in 2011. If you can cut costs by renegotiating rents, service provider fees and whatnot, take advantage.

Germany 76

Germany Stock IPO Valuation 76

Ben's Blog

JUNE 18, 2011

Firstly, the cost of running an internet application has fallen 100-fold. The cost of running that same application today in Amazon’s cloud costs about $1,500 per month. The cost of running that same application today in Amazon’s cloud costs about $1,500 per month. Thirdly, the market is far bigger.

Technical Review 76

Technical Review Software Review Valuation Internet 76

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. Reasons: cost of sales executives, long sales cycles, deep functional requirements. We will hopefully close on a $2-3 million financing round at some point in January and I can get back to the full time work of running my business. Biggest lessons ….

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Startup Lessons Learned

JUNE 22, 2020

The Economic Antidote to COVID-19 Eric Ries & Ryan Beck In 2001, Apple's revenue fell by 33% in the depths of the dotcom bust. As revenue contracts, orders slow, and capital markets freeze, conventional wisdom drives business leaders to cut costs and shy away from new projects. The rest is history.

Silicon Valley 60

Silicon Valley Equity Stock Finance 60

ReadWriteStart

NOVEMBER 5, 2019

These results were obtained after the following rounds of financing of more than 1000 technology companies in the United States. Only 46% of these companies were able to raise enough for the second round of financing. Where you can turn when you need financing quickly. To set a lousy price in relation to its quality and cost.

Venture Capital 77

Venture Capital Cofounder Finance Seed Capital 77

500hats.com

AUGUST 2, 2012

While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago. Why bother with all the extra costs, people, programs, etc?

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

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. It’s like we need a finance 101 course for entrepreneurs.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Both Sides of the Table

SEPTEMBER 27, 2010

What micro VCs need to consider is what happens when several of your companies want to grow and require VC financing? Or when the economy turns downward and they all need financing extensions? My wife worked at Google so while we had good income in Silicon Valley it’s hardly the life of luxury given the costs of housing.

Liquidity Event 308

Liquidity Event Silicon Valley Seed Stage Finance 308

finance.fortune.cnn.com

AUGUST 21, 2012

FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001.

Naming 49

Naming Term Sheet Private Equity Equity 49

Babbling VC

DECEMBER 5, 2010

This cost me money! Ultimately, money ran out again and this fund decided not to participate in a further financing round. Although I probably couldn't of avoided this mistake, I underestimated at how many tables I'd be sitting alone in 2001. I never received that contract and the signature on it. A lot of it!

Technical Review 76

Technical Review Europe Portfolio Germany 76

rapidrollout.wordpress.com

JANUARY 15, 2011

Preserve your equity by using a consulting CTO to ramp up your company before securing early-stage financing and hiring a permanent technology partner. Why Use a Consulting CTO A consulting CTO can help you complete a business plan by estimating costs and timelines for the company’s technology development and deployment.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

ReadWriteStart

APRIL 26, 2012

stock market: The change led by NASDAQ in early 2001 to valuing stocks in increments from one-eighth of a dollar down to one cent. With that great decrease in cost to launch something, you have the emergence of all these new funds. The spread he's talking about is the decimalization of the U.S. Two orders of magnitude. "Two

IPO 115

IPO Stock San Francisco Lean 115

The Startup Magazine

MARCH 3, 2020

By 2001, he was invested in the stock market and witnessed a unique situation where the stock market was in a tumble and, simultaneously, real estate was going up. Save your money because there is a much larger startup cost to invest in commercial real estate. Early Career in Real Estate . Tips for New Entrants in CRE.

New York City 106

New York City Marketing Technical Review New York 106

Steve Blank

JANUARY 17, 2016

The idea of a social network inside of an organization wasn’t a thing yet so that was a little bit scary and even the linkage between healthy behaviors and saving healthcare costs and becoming more productive and being less absent and all of that, a lot of that research has emerged over the last 10 years. . ” This was around 2001.

Silicon Valley 120

Silicon Valley North Carolina Cofounder Entrepreneur 120

blog.captainrecruiter.com

MARCH 8, 2012

These professionals can help with anything from finance to marketing, but you wont find any software engineers volunteering their services. It seems like you were looking more for someone to code your site without much cost, than someone with total buy in to your idea and to you as an individual. Reply Delete Add comment Load more.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Hearpreneur

APRIL 19, 2019

To find our domain, and therefore name, I created an excel sheet that had one column of ‘primary’ words like fund, finance, deal etc. I came up with my business name, Kate’s Theatrics at about 9pm April 14, 2001. A brand which can easily be tied back to early childhood education and only cost me $14.99 on Go Daddy.

Naming 109

Naming Wisconsin Cofounder Entrepreneur 109

Both Sides of the Table

DECEMBER 18, 2009

The agreement was that both sets of investors would fund the combined entity, we would reduce overlapped costs and become a healthier company. This was soon after the bursting of the dot com bubble – in early 2001. We committed to cost focus, customer adoption and delivering our numbers. In the morning I flew home.

Germany 298

Germany Entrepreneur Los Angeles Merger 298

Eric Friedman

AUGUST 18, 2021

The opportunity cost of the money I have not made on crypto is insane because I first was talking about crypto in 2011 as I’ve been in financial services for a long time. This doesn’t concern any specific industry, but that kind of behavioral finance. We do that primarily through leading financings. That scares me.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Ben's Blog

MARCH 24, 2011

Similarly, in recent high profile private financing rounds for private technology companies with valuations over $1B, the valuation multiples were at or below corresponding multiples for publicly traded companies such as Google. And hence the great crash of 2000 and 2001. Public market comparables. Much better.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

YoungUpstarts

NOVEMBER 4, 2013

Cara Wick started her banking career in 2001. Image credit: Biography.com ]. Image credit: Biography.com ]. Today, she is President of Wick Financial , a strategic marketing firm that helps community banks improve performance. Cara holds a B.A from Williams College and an MBA from the University of Iowa.

Minneapolis 150

Minneapolis Iowa New York City New York 150

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. Once again, this is an asset against which the marginal cost to host a dog is near zero. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

Mike Michalowicz

OCTOBER 19, 2015

An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America. An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003.

Video 60

Video SEC Bankruptcy Wisconsin 60

Hearpreneur

AUGUST 19, 2015

In 2001, I came home to find my apartment on fire. I never want renters to find themselves in my situation – scared, displaced and worried about my finances. Do you know how much it cost 2 days of “holidays” for the company? 31) Opportunity Cost. #17) Devastating Event. 18) Better Person. 32) A Dream.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

YoungUpstarts

JUNE 5, 2014

And Stoddard notes that at NetApp they use proper governance to facilitate faster learning: “We use an enterprise executive architecture committee, with all the leaders of every NetApp function — marketing, sales, HR, operations, finance, and so on. At NetApp, both sides are open and honest about their cost structures. Invite scrutiny.

Algorithm 165

Algorithm Analytics Social Media Metrics 165

Software By Rob

SEPTEMBER 1, 2011

In October of 2001, Webster, McCarthy, and Graff decided to do just that and GoldStar was born. Started as a weekend project, the three spent money out of their own pockets to cover the cost of a domain, hosting, and started sharing their idea for free with their friends.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

ConversionXL

DECEMBER 9, 2013

See, Mailchimp had already been around since 2001 and it took them from 7 years to reach their first 10,000 customers. This copy is perfect for a buyer that values appearance more than cost or comfort. million customers total) in 2012. Also notice there’s no mention of how comfortable or long lasting the shoes are?

Sales 126

Sales B2B Campaign Video 126

Ben's Blog

MAY 24, 2021

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. 44% 2001-2019 13.7% First, as the below chart shows, IPO pops are not a new phenomenon.

SEC 36

SEC IPO Accredited Investor Technical Review 36

The Startup Toolkit

JANUARY 11, 2017

The finance version of this is chasing 10% returns each year only to have something unexpected (2001, 2008, etc) happen and wipe out a life’s savings. The career version is to have a “safe” job that pays a steady salary but might suddenly disappear if something unexpected (2001, 2008, etc) happens.

Dividend 20

Dividend Finance Salary Search 20