Scalable Startup

AUGUST 26, 2014

Drupal was launched in 2001, and Acquia started in 2007. Angel Investor Drupal founder PHP Revenue Growth SaaS Scalability startup startup CEO venture Cash Flow CEOing leadership scalability tom nora venture capital' Acquia, Inc. Because they are open source. more info on the funding round from @thewhir [link].

Founder 42

Founder Los Angeles PHP Open Source 42

ReadWriteStart

OCTOBER 4, 2012

The dead startups honored were mobile social-networking company Addieu, mobile game and activity locator Get-a-Game and the late, seldom-lamented but often-derided Kozmo.com, which failed way back in 2001 but to this day is held up as the embodiment of dotcom-era foolhardiness. Max Delivery charges a fee and makes a profit.

Technical Cofounder 96

Technical Cofounder Cofounder Video New York City 96

BeyondVC

JANUARY 3, 2019

Thanks to all of the amazing founders, advisors, co-investors, corporate partners, and others that helped make 2018 an amazing year. To that point, we are most excited when our founders are able to go from slide deck to product-market fit and Series A and beyond. AWS Reinvent Survivor Dinner with founders, Fortune 500 execs, and VCs.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

This is going to be BIG.

MAY 5, 2023

Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pension fund doing institutional investments in venture funds and late-stage directs back in February of 2001. No more founder pitch meetings. No new investments.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

ConversionXL

MARCH 19, 2020

“Value brands can also effectively reach out to pained-but-patient consumers who previously bought higher-end brands, a strategy Wal-Mart aggressively used with its ‘everyday low prices’ policy in the 2001 recession.” Even less does it mean high transaction volume or revenue. Premium-brand market leaders [.] recession in 2009.”.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Both Sides of the Table

JUNE 22, 2011

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.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

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). 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.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

Feld Thoughts

JUNE 19, 2017

Between the spring of 2000 and the end of 2001, I had the worst, most stressful, and most painful business period of my life. Instead, I, like many of my colleagues (investors, board members, founders, and CEOs), operated in a state of blissful denial until everything blew up. They are both worth reading right now. Or something else?”

Internet 162

Internet Revenue .Net Operations 162

ReadWriteStart

OCTOBER 4, 2012

The dead startups honored were mobile social-networking company Addieu, mobile game and activity locator Get-a-Game and the late, seldom-lamented but often-derided Kozmo.com, which failed way back in 2001 but to this day is held up as the embodiment of dotcom-era foolhardiness. Max Delivery charges a fee and makes a profit.

Technical Cofounder 60

Technical Cofounder Video Cofounder New York City 60

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. Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. No doubt they spent countless hours arguing for reduced burn rates sometimes with founders, sometimes with investors.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

K9 Ventures

SEPTEMBER 8, 2015

Manu Kumar is Founder and Chief Firestarter at K9 Ventures. Kumar was the Founder, President and CEO of SneakerLabs, a company which developed software and services for web-based customer interaction. Direct Revenue, meaning no three-way business models and no advertising, media, or content.

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Both Sides of the Table

JULY 16, 2010

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. He has a set of clearly defined criteria in order to invest.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Lightspeed Venture Partners

JULY 15, 2013

It was at that time that I reconnected with Raj De Datta, a fantastically talented repeat entrepreneur with whom I had gone to Harvard Business School from 2001-2003. I’ll also never forget all of the potential technical co-founders that we talked to who never seemed to be a perfect fit. That is, until we met Ashutosh Garg.

Mobile 135

Mobile SEO Cofounder Boston 135

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

AUGUST 26, 2022

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132

Partner Cofounder Retention Acquisition 132

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Duct Tape Marketing

JANUARY 12, 2023

Robert is the Founder and Chairman of the Board of Acceleration Partners, a global partner marketing agency, and the recipient of numerous industry and company culture awards, including Glassdoor’s Employees’ Choice Awards two years in a row. And you haven't grown revenue in a decade. (08:30): Marketing Podcast with Robert Glazer.

Leadership 77

Leadership Framework Analytics Audio 77

Both Sides of the Table

OCTOBER 14, 2015

But like many companies over the past five years it hired aggressively and probably had some degree of straying off of a core strategy and some amount of excess jobs relative to its current revenue forecasts and opportunities. What is your revenue growth rate and what does this imply about your number of months of capital remaining?

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150

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. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 2001 – 2010: Back to Basics: The Lean Startup. The New Exits.

Internet 334

Internet IPO Silicon Valley Agile 334

Both Sides of the Table

FEBRUARY 28, 2018

We seed funded a company a few years ago called Parachute Home that has grown 180% CAGR (compounded annually) and is now doing tens of millions of revenue with very little capital raised. The founder of Parachute, Ariel Kaye , had a clear vision for what she wanted to disrupt and how she thought she could do it.

Curation 296

Curation Los Angeles Differentiation Channel 296

Steve Blank

AUGUST 18, 2010

Well, it just so happens that we’ve fitted Ross’s 2001 Subaru with a flux capacitor, gotten our hands on some plutonium and we’re about to hit eighty eight miles per hour! The founders do. Focus on revenue from day one. Temptation to focus on growth and worry about revenue later. Here’s what we plan to say: Write it Down.

Customer Development 230

Customer Development Developer Customer California 230

Campus Entrepreneurship

DECEMBER 23, 2010

When I attended between 1998-2001, there were a few course on entrepreneurship (entrepreneurial finance, entrepreneurial strategy, etc.), Booth has announced a course called Building Interet Strartups: Risk, Reward, and Failure and it is being taught by two of Groupon’s co-founders.

Cofounder 61

Cofounder Chicago Founder IPO 61

Steve Blank

JULY 11, 2016

How founders cope with startup challenges was the focus of today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. And world-class entrepreneurs never quit. Jessica Mah.

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Customer Development 120

Feld Thoughts

JANUARY 25, 2015

But even if you, as the founder, believe it, you are still probably deluding yourself. Imagine being an investor and being approached by a business SaaS company that has raised $5 million, has $100k / month of revenue, has been growing at about 5% per month, and is doing a $10 million round. .” It’s probably b t.

Finance 70

Finance Bootstrapping Acquisition Revenue 70

Both Sides of the Table

SEPTEMBER 27, 2010

And people like Jeff Clavier, Aydin Senkut, Dave McClure, Chris Sacca & Eric Paley (at Founder Collective) are leading the charge. Chris Sacca talked about how a $20 million exit can change a founder’s life and that shouldn’t be scoffed at. That’s awesome. I had two kids and a rental house.

Liquidity Event 308

Liquidity Event Silicon Valley Seed Stage Finance 308

Duct Tape Marketing

JULY 26, 2018

John Jantsch: If you’re a founder of a startup, maybe you need some brutally honest advice from somebody who’s been there. He is the founder and former CEO of Moz. But we’re going to talk a lot about his new book called, “ Lost and Founder: A Painfully Honest Field Guide to the Startup World. Transcript.

Silicon Valley 33

Silicon Valley SEO Startup Technical Review 33

The Next Web

FEBRUARY 25, 2014

Monty Munford is the founder of Mob76 , a company that helps companies become investible and prepares them for exit. It has made and wasted billions of dollars in oil revenues and outside Lagos the country is corrupt and doesn’t even run a Postal service for its people. But somehow Lagos works. Slowly overcoming its reputation.

Nigeria 148

Nigeria Africa Reputation Email 148

Feld Thoughts

OCTOBER 30, 2014

He had just read my post on being uncomfortable with the phase of the current cycle and told me an anecdote from the great Internet bubble of 2001 that I hadn’t heard. This morning I woke up to an email thread from a founder of a company I’m an investor in. And, is multiple of revenue really the correct long term metric?

Valuation 143

Valuation Stock Angel Investor IPO 143

Both Sides of the Table

APRIL 22, 2010

It’s still important advice for startup founders and something that I’m passionate about. You’re a startup founder. You start fighting with your co-founder whom you thought you understood. When my company hit the fan in 2001 I could have easily walked and gotten a better paying job. That’s OK.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

Startup Lessons Learned

JULY 11, 2019

She’s also a founding member of All Raise, a non-profit committed to improving diversity in both funders and founders. The first time was just for a couple years, from 2001-2003, before I went to grad school. That meant that if the change was starting on the founders side, then there had to be a change on the financing side.

Founder 68

Founder Lean Venture Capital Cofounder 68

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. Revenue multiple? At an accelerator …. Your A round?

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Campus Entrepreneurship

DECEMBER 2, 2010

Notice, this competition is for those who have launched businesses and reaches to alumni since 2001. You are invited to apply to participate in the Sixth Annual UMD Business Competition: Cupid’s Cup , judged and sponsored by successful Terp entrepreneur Kevin Plank ’96, founder and CEO of Under Armour. Email dingman@rhsmith.umd.edu.

Maryland 39

Maryland Operations Revenue Search 39

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

om.co

FEBRUARY 5, 2013

Om Malik is the founder of GigaOM. He is the founder of Desiparty.com. Evolution of a Founder: Lessons I have learned. Being a startup founder is hard, tough, frustrating and rewarding – possibly all within the space of a nanosecond. Are You Winning As a Founder? He is a venture partner at True Ventures.

Founder 80

Founder Conversion Distribution Silicon Valley 80

Hearpreneur

SEPTEMBER 16, 2020

The founders eventually created custom cereal boxes to raise funds so they could continue to operate. billion in annual revenue. 5- Jack Ma founder of Alibaba. In 1999, Alibaba had to face many failures; for the first three years, the company made zero revenue. Thanks to Bruce Harpham. #3- Photo Credit: Donny Gamble.

Entrepreneur 103

Entrepreneur China Incubator Philippines 103

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/30/2001: 26.3. Down rounds are bad and hit founders disproportionately hard, but they are not as bad as bankruptcy. But they most certainly are not.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78