Remove 2001 Remove Finance Remove Founder Remove Revenue
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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting. Until we weren’t. I am having fun again.

Valuation 466
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I recently spoke at the Founder Showcase at the request of Adeo Ressi. I said that at the Founder Showcase, too. Ah, but today’s Internet companies have real revenue! And for many of these they were (over) funded 7-10 years ago and don’t necessarily all represent great returns for investors or founders.

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The Other Amazon Deal this week. Drupal founder attracts over $100 Million in 3 months.

Scalable Startup

Drupal was launched in 2001, and Acquia started in 2007. Red Hat was one of the first of these types of companies bridging open source with big finance, leveraging Linux support into a profitable business, also leveraging the enterprise. Acquia, Inc. Because they are open source. They kind of invented this business model.

Founder 42
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My story and support for the Founders Visa

K9 Ventures

In the past few days there has been a lot of discussion on the topic of a Founders Visa. The credit for starting this fire goes to Paul Graham from Y Combinator , who wrote a great essay titled The Founders Visa in April 2009. As an immigrant founder, this is a topic that I can relate to and care about.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Nobody understands this better than First Round Capital.

LP 311
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We Will Never Need Another Financing

Feld Thoughts

. “We will never need another financing.” ” “This financing will get us to cash flow breakeven.” ” “This is our last financing before we become profitable.” But even if you, as the founder, believe it, you are still probably deluding yourself.

Finance 70
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Venture Capital Q&A Session

Both Sides of the Table

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). Do it early.