Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. 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. Carpe Diem.

Internet 334

Internet IPO Silicon Valley Agile 334

Ben's Blog

JUNE 18, 2011

If we are in a bubble, that is a bit of an odd commentary for a company that grew revenues 83% year-over-year and grew earnings 93% year-over-year. Let us look at examples of the last two major computing cycles (prior to the Internet). The internet is working. A lot has changed since the internet bubble eleven years ago.

Technical Review 76

Technical Review Software Review Valuation Internet 76

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. Here’s my take: 1. Team must be purely technical.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Both Sides of the Table

JUNE 22, 2011

The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue! An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

The Next Web

FEBRUARY 25, 2014

Its chaos and insanity melds into a working city that was predicted by the architect Rem Koolhaas (with the Harvard Project on the City) in the 2001 book Mutations when he said that Lagos was a city of the future and one that Western cities would eventually base themselves on. But somehow Lagos works. Slowly overcoming its reputation.

Nigeria 148

Nigeria Africa Reputation Email 148

Mucker Lab

DECEMBER 2, 2015

Most brilliant “Internet of Things” ideas are quicksand for capital unless you have the branding, vertical integration and customer lock-in that Apple achieved. However, the rise of the Internet equalized if not flipped the ratio as the web (and mobile) created a new product category and distribution platform.

Vertical 60

Vertical Widget Distribution China 60

abovethecrowd.com

FEBRUARY 27, 2019

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

Up and Running

DECEMBER 14, 2016

A durable, trendsetting presence in the industry since 2001, the Atlanta-based firm sends over a billion emails per day and is the go-to choice for over 14 million organizations and individuals around the world. Commercial email began in 1978 and exploded with the widespread growth of the internet in the 1990s.

Email 60

Email Small Business Marketing Campaign 60

Berkonomics

MARCH 25, 2012

There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. For those of us who’ve invested in early stage companies, especially technology startups, we have confronted a universal problem.

Early Stage 128

Early Stage Valuation Revenue Internet 128

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. I will use some examples from Parachute and some other portfolio companies to give you examples from our experiences of watching successful brands grow.

Curation 296

Curation Los Angeles Differentiation Channel 296

Feld Thoughts

JANUARY 25, 2015

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. Your revenue growth flattens out for a few quarters but you didn’t get ahead of the cost dynamic.

Finance 70

Finance Bootstrapping Acquisition Revenue 70

Both Sides of the Table

MARCH 11, 2010

Let me assume for this discussion it’s a garden variety 2010 IT or Internet business (as opposed to something requiring capital equipment or a life sciences project). Your revenue will take longer to ramp then you think. It’s a tricky question with no clear answer. There are trade offs. add a buffer.

Venture Capital 319

Venture Capital Startup Silicon Valley Warrant 319

ReadWriteStart

AUGUST 26, 2022

He focuses on investments in fintech, the internet, and software. So first, we were much more sort of with a high growth rate, and we did not even care about how we got the revenue when we got it. And now we are much more careful about revenue quality revenues. The theme of this episode is how to scale unicorns.

Partner 132

Partner Cofounder Retention Acquisition 132

Both Sides of the Table

DECEMBER 13, 2010

Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses. Andersen had lost its long-time CEO, George Shaheen, was hemorrhaging staff and wasn’t exactly known as being an Internet pioneer.

Turkey 302

Turkey Differentiation IP Technical Review 302

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. And, is multiple of revenue really the correct long term metric? A guy came up to me and said “I just sold my dog for $12 million.”

Valuation 143

Valuation Stock Angel Investor IPO 143

Berkonomics

NOVEMBER 4, 2016

Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as “The Berkus Method” when published in the popular book, “Winning Angels” by Harvard’s Amis and Stevenson with my permission in 2001.

Valuation 48

Valuation North Carolina Oklahoma City Silicon Valley 48

Steve Blank

JULY 11, 2016

Jessica has been starting her own Internet businesses and programming since middle school. We were depending on investor funding, but with $60,000 in revenue no one would fund it. . Especially difficult were the days after the Internet bubble burst: 2001 was a staggering blow to technology. I was really fricking scared.

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Customer Development 120

YoungUpstarts

JULY 3, 2017

Offices also steal 30-40% of each of their employees’ productivity per day, shave annual revenues by 15%, and waste anywhere from 15-25% of the space in a leased office. Founded in 2001, eFileCabinet, Inc. To add insult to environmental injury, 68 million trees are cut down each year to fuel these inefficiencies. The Freedom of Time.

Metadata 100

Metadata Security Employee Retention 100

Both Sides of the Table

APRIL 27, 2010

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers. I learned about revenue recognition. million, then $5.9m, $7.7m

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

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. Founding Akamai.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

37signals.com

DECEMBER 5, 2011

Most Internet marketing does not work that way. You’re essentially saying “Don’t worry about Internet marketing. I agree – this reminds me of a friend who was involved in three different IT start-ups, none of which ever turned a dime of revenue. If you build it, they will come.” 27 Apr 10.

Product Name 44

Product Name Naming Product Software Review 44

ReadWriteStart

APRIL 2, 2012

The real truth is, since the "Internet bubble" burst in 2001, initial public offerings have not resumed the vitality levels of the late 1980s, let alone the boom years of the '90s. It refers to this specific, new group of young, low-revenue companies for whom some of the SOX reporting regulations will no longer apply.

IPO 121

IPO Startup Florida Seed Capital 121

K9 Ventures

SEPTEMBER 24, 2009

This meant that I had to either show enough revenue, or find investors who would be willing to put money into the company. There were a sum total of three or four “venture capital” funds in Pittsburgh at the time, and none of them had done much with this new fangled thing called the Internet.

United States 114

United States Founder India Venture Capital 114

Campus Entrepreneurship

DECEMBER 23, 2010

When I attended between 1998-2001, there were a few course on entrepreneurship (entrepreneurial finance, entrepreneurial strategy, etc.), but I don’t recall courses on internet strategy. If enough people sign up for it, the offer is good.

Cofounder 61

Cofounder Chicago Founder IPO 61

Duct Tape Marketing

FEBRUARY 13, 2020

That was a huge revenue. Well, I think a stellar example for that business specifically, is the Norway based companies Schibsted, and their head of operations said in the early 90s, he said the internet is perfect for classified ads, classified ads are perfect for the internet. They certainly could have seen it coming.

eCommerce 58

eCommerce Norway Internet Advertising 58

Entrepreneurs-Journey.com by Yaro Starak

JUNE 14, 2011

These are some of those factors that will power change in your business: More Knowledge And Experience When I started my Internet infopreneur voyage , I didn’t even know if writing was my strong suit. Dr. Mani Get your bonus copy of my book "How To Start An Internet Business & Make Your First $1,000 Online" Download Here.

Entrepreneur 90

Entrepreneur Non-Compete Internet Dilution 90

Ben's Blog

MARCH 24, 2011

To find out whether or not today’s public technology companies have hit bubble valuations, let’s compare some companies that survived the great bubble with their bubble era valuations: The Enterprise Value-to-Revenue multiple (EV/Rev) and Price-to-Earnings multiple (PE) are commonly used metrics to tell the valuation:value story. Much better.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

www.ericsink.com

SEPTEMBER 22, 2011

But in a small company that is funded by its own revenues, it is almost always a mistake to hire for a position before it is absolutely clear that hiring is the right thing to do. Copyright 2001-2011 Eric Sink. Your investors didnt give you millions of dollars because they want their cash sitting in your bank instead of their own.

Hiring 40

Hiring Software Review Coder Illinois 40

Feld Thoughts

APRIL 7, 2017

It’s the summer of 2001. Many Internet companies are struggling. By breakfast in the summer of 2001, the stock was trading under $1 / share. He certainly didn’t have to get up every day and go to the office, which by the summer of 2001 was a real business battle on multiple fronts. I was exhausted. But he did.

SEC 148

SEC New York Venture Capital Partner 148

BeyondVC

JULY 5, 2004

As an investor, the difficult part of any consumer wireless play is that the wireless world is a walled garden and not an open network like the Internet. Many of these companies are no longer around, but it is nice to see Jamdat make it through such turbulent times, only with $33 million in VC funding.

IPO 60

IPO Mobile Distribution Revenue 60

Eric Friedman

AUGUST 18, 2021

They talk about] businesses which are not contractually recurring revenue in the parlance of recurring revenue run rates. They conflate flow businesses or they conflate usage-based businesses with contractual, recurring revenue businesses, and so on. Dan Kimerling: I love 2001: a Space Odyssey. That scares me.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

YoungUpstarts

JUNE 3, 2014

Look for companies that make the Best Places to Work lists and are industry leaders in revenue per employee. And, of course, with the Internet and social media, this dynamic has been greatly amplified. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. Innovation.

Leadership 225

Leadership Social Media Employee Agile 225

Hearpreneur

AUGUST 19, 2015

At Blurb, we’ve built an Internet platform for people to produce their own bookstore-quality books. In March of 2009 EliteEditing.com launched, and I would run back and forth to an Internet café five blocks from my office to manage work coming through and to take business calls. In 2001, I came home to find my apartment on fire.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

Hearpreneur

JANUARY 21, 2018

In my field—online English language teaching—there are a lot of literal business names out there: Joe’s Internet English School, Learn English Online via Skype, etc. We knew that we wanted our new consulting firm to focused on improving customers top line revenue growth. That’s it, let’s call our company Revenue Storm!

Naming 102

Naming Rhode Island Entrepreneur PR 102

om.co

FEBRUARY 5, 2013

I had been writing GigaOM (the blog) since December 2001, but in 2003, I started working on a piece for Business 2.0 I don’t think we as busy professionals and Internet junkies know how to sit still and self-reflect. Here is the TL:DR version in case you are pressed for time. STARTING IT UP. Back to the top.

Founder 80

Founder Conversion Distribution Silicon Valley 80

VC Cafe

JUNE 8, 2010

J erusalem Venture Partners successfully raised $25 million for an annex fund to strengthen the portfolio companies in the Israel-focused JVP IV which closed in 2001. The aim of the fund is to support existing investments by “enhancing their business propositions&# and preventing premature sales in a downturn. Will it work?

Warrant 74

Warrant IPO Portfolio 74