Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. Another called Parker Harris, the co-founder and CTO. There was no viral social networking products back then like Twitter where people could easily discover your content. I had kept a personal blog for more than a year and was new at keeping a professional blog.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

View from Seed

JANUARY 11, 2017

I was an early employee at PayPal and back in the 2000-2001 timeframe, and we ended up taking a fairly significant amount of strategic investment (tens of millions of $) from various banks in the US, Europe, and Asia. We recently led a large seed round for an autonomous vehicle company called Optimus Ride.

Strategic Investors 120

Strategic Investors Post-Money Valuation Seed Stage Cofounder 120

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

Steve Blank

MARCH 18, 2011

2001 – 2010: Back to Basics: The Lean Startup. VC’s went back to basics, to focus on building companies while their founders worked on building customers. Startups that win in the bubble will be those that get wide adoption (using freemium, viral growth, low costs, etc) and massive distribution (i.e. Wide Adoption.

Internet 335

Internet IPO Silicon Valley Agile 335

crowdSPRING Blog

MARCH 2, 2012

The image to the left shows the Lord Howe stick insect, Dryocecelus australis , which was presumed extinct by 1960 but found again in 2001 on Ball’s Pyramid, the remains of an old volcano that emerged from the sea 7 million years ago. How To Choose A Co-Founder – [link]. Paths to $5M for a startup founder – [link].

Social Media 93

Social Media Small Business Design Media 93

blog.expensify.com

APRIL 24, 2012

We wrote all of our software in VB6 and then ported it to.NET in 2001/2002. The way I see it, you have two options: (1) keep digging, this goes viral, and your company is a joke; (2) apologize and/or shut up, and your company keeps bumbling along as it has been. Michael Chan. March 27, 2011 at 7:14 pm. We were once a startup.

Java 107

Java PHP Software Review Coder 107

Both Sides of the Table

FEBRUARY 12, 2017

That is why I invited the Founder & CEO, Jonah Peretti , to come talk at the 2017 Upfront Summit and make the case himself. I began asking around who the smartest people in the online media industry were and two names came up again and again — Jonah Peretti (social & viral content) and Ze Frank (social video).

Media 210

Media Los Angeles Russia Viral 210