Both Sides of the Table

SEPTEMBER 10, 2021

We operate at scale and speed unprecedented in human history.” * I first wrote about the changes to the Venture Capital ecosystem 10 years ago and this still serves as a good primer of how we arrived at 2011, a decade on from the Web 1.0 each with partners as the lead. dot-com bonanza. Where are Things Headed for VC in 2031?

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. I had really positive experiences such as working with Greg Gretsch at Sigma Partners where he championed us to a partners’ meeting where we sort of got crucified. The managing partner of the firm called me the next day. And covered we did.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

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. A good piece covering the contracting VC market is by Bill Gurley So partners at many firms are racing around to the limited number of pension funds, endowments, insurance companies, family offices, etc.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

ConversionXL

JULY 15, 2020

To operate as a pure Scrum marketing team, marketers would need to timebox their to-do list and commit to getting a specific cluster of tasks out the door after 2–4 weeks of active work. To top it off, marketers even have their own Agile marketing manifesto , separate from the Agile manifesto created by software developers in 2001.

Agile 87

Agile SCRUM Software Review Marketing 87

ConversionXL

MARCH 19, 2020

The HBR study contrasts Office Depot and Staples during the 2000 recession: Office Depot cut 6% of its workforce, but it couldn’t reduce operating costs significantly. At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. Image source ).

Marketing 121

Marketing Campaign Non-Compete Lean 121

The Startup Magazine

JULY 4, 2017

Partner with a provider that will bring out the best as you continue with the journey. However, if you chose to work with a partner ensure they offer user-friendly front end, a gaming management system, payment module and access to betting markets and top events. The second step involves obtaining a license to operate.

Securities and Exchange Commission 60

Securities and Exchange Commission Software Review United Kingdom Affiliate 60

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. To think, I almost didn’t take that 2004 meeting because it was a NYC-based fund.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Austin Startup

JUNE 27, 2017

Collectively they have $850M in capital in their most recent funds: [link] Both Silverton Partners and LiveOak Venture Partners have filed regulatory documents associated with new fundraising efforts in 2017 so we should all look forward to announcements from them on successfully raising new funds.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Both Sides of the Table

JUNE 22, 2011

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. So at GRP Partners we’re very active now. Building billion-dollar businesses requires 7-10 years which means operating through at least one full economic cycle, if not two.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Feld Thoughts

MARCH 20, 2019

In these conversations, the question of how I shifted from “operator” to “investor” inevitably comes up. My partner Dave was vice president. We were partners and the titles demarcated something that might have been useful, but I remember that we behaved like partners.

LP 108

LP Angel Investor Cofounder Leadership 108

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. They are operators, through and through.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Steve Blank

SEPTEMBER 14, 2009

Each VC firm/partner has a different spin on what to weigh more.) These types seem dangerous, yet are often the ones needed on board to get the fund to invest in the first place, seeing that the younger partners naturally have less pull during the Monday round-ups. My experience of 2001-2004 is very remote from what you are describing.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Feld Thoughts

MAY 17, 2016

While I’d been a partner in Mobius from the beginning, I hadn’t really been engaged in managing the overall firm. My whole world blew up in 2001. While I was trying to be helpful in general to the firm and my partners, I didn’t like the way we were operating. Here’s an example. I did my deals.

San Francisco 108

San Francisco Internet Portfolio New York 108

The Startup Magazine

AUGUST 11, 2017

Joe Zhu is a quick study with a natural desire to offer assistance anytime, anywhere startups face marketing, operational, and financing challenges. This year, SmartHealth partnered with Rosalind Franklin University to set plans to build a $50 million, four-story, 100,000 square foot Biotech Innovation Park.

Illinois 78

Illinois Chicago Entrepreneur Cofounder 78

Hearpreneur

JANUARY 21, 2017

By this time, Erin had already spent 4 years in operations at a startup that was in skyrocket growth mode, so she knew her knowledge in scaling operations was as valuable as this idea; she became my co-founder. After retiring in 2001, I also joined a ladies networking group, On Purpose Networking for Women (OPN).

Entrepreneur 48

Entrepreneur Investment Bankers PR Social Media 48

YoungUpstarts

MAY 26, 2014

Most of today’s CEOs, CFOs, chief operating officers, boards of directors, and shareholders speak the language of this hard edge. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. Success in business has traditionally meant having a strategy and excelling at the hard skills.

Analytics 160

Analytics Forecast Cofounder Agile 160

Both Sides of the Table

FEBRUARY 28, 2018

Think about the tension between media companies and cable operators like last year when Viacom threatened to pull Nickelodeon, Comedy Central, MTV, BET, etc. My partner Greg Bettinelli gave me the idea for the title of this post because he ran a breakout session at the Upfront Summit titled “How to Out Amazon, Amazon.”

Curation 296

Curation Los Angeles Differentiation Channel 296

Both Sides of the Table

DECEMBER 13, 2010

Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy. Accenture opened massive operations in India & China and continued its industry dominance. The things that always differentiated Accenture?

Turkey 302

Turkey Differentiation IP Technical Review 302

Cracking the Code

JANUARY 19, 2016

I began my career at McKinsey and when the Internet bubble burst in 2001, I made a shift towards online software (ASP at the time). My SaaS focus at Accel Partners is the natural continuity of this path. We are a global VC, therefore we’re competing — and at the same time partnering! — with Mobile will drive new use cases.

API 48

API Silicon Valley Europe Differentiation 48

YoungUpstarts

MAY 12, 2014

You can have the best operations. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. Karlgaard is also a serial entrepreneur, having co-founded Upside magazine, Garage Technology Partners, and Silicon Valley’s premier public business forum, the 7,500-member Churchill Club.

Stock 157

Stock Memphis Balance Sheet Analytics 157

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. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I knew my partners for 8 years before joining GRP. We built a long-term relationship.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Startup Lessons Learned

MAY 1, 2018

I’m a partner in his latest venture, the Corporate Entrepreneur Community (CEC) , the newest addition to his long history of reinvention work that spans industries ranging from football to banking. In fact, there's a term now, it's called, "OT," as in operations technology.

Southern California 123

Southern California North America Finance Lean 123

David Teten

MAY 16, 2011

He then led the growth of the domain services division, expanded into the aftermarket business and built Oversee’s owned and operated portfolio of domain names into one of the worlds largest, firmly establishing the company as a leader in Internet real estate. Jake Geleerd, President and Chief Operating Officer, Ocean Tomo, LLC.

Naming 122

Naming Government Intellectual Property LLC 122

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

crowdSPRING Blog

FEBRUARY 4, 2019

The studio’s design talent boasts some famous names among the list of partners, including Paula Scher, Michael Beirut, Alan Fletcher, Colin Forbes, Harry Pearce, and many more. In its 12 years of operation, the company has worked for some of the biggest companies online, including Google, Disney, Slack, Medium, and more.

San Francisco 86

San Francisco Design New York City New York 86

dashes.com

SEPTEMBER 17, 2011

If I honor your NDA, and I meet a great investor or potential employee or valuable partner for your new venture, I wouldnt be able to tell them about it. The trick worked and the hyper-sophisticated AC system hummed into operation, but he was still challenged. Expo San Francisco 2010 ) and a whole lot of them are very well positioned.

NDA 52

NDA Technical Review Non-Compete San Francisco 52

Entrepreneurs-Journey.com by Yaro Starak

JUNE 14, 2011

Watching how a large infopreneur business like About.com was run gave precious insights that could be used in building and growing a smaller operation. Ten years later, as I detailed in my book “47 Hearts – How to live your dreams, with passion, purpose and persistence&# , this goal has grown to funding 47 operations every year.

Entrepreneur 90

Entrepreneur Non-Compete Internet Dilution 90

Eric Friedman

AUGUST 18, 2021

He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. I think there are some real virtues to that, however, when I talk to my business partner, Ishan [Sachdev], about it, I use a slightly different metaphor: I talk about Jiro [Ono], Nobu [Matsuhisa], and Benihana. On Deciens’ Lean Operation.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

YoungUpstarts

APRIL 14, 2014

military’s Special Forces is the 12-person Operational Detachment. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. At a dozen team members or smaller, members are not only willing to share information, they’re far likelier to come to the aid of another team member.

Agile 196

Agile Leadership Architecture Product Development 196

BeyondVC

NOVEMBER 17, 2006

On the book is Thomas Weisel Partners, William Blair, Needham, Pacific Crest, and Wachovia. From April 2001 through June 30, 2006, we achieved 21 consecutive quarters of revenue growth. During the years ended March 31, 2004, 2005 and 2006, we achieved positive operating cash flows of $0.3 million, $0.9 million and $1.8

IPO 60

IPO Investment Bankers Demand Revenue 60

David Teten

FEBRUARY 3, 2014

The venture capital industry is continuing its evolution from an upside-down pyramid (typically 3-10 Partners, plus some administrative support) to a traditional hierarchical pyramid. Leading Late-Stage Technology Investors’ Portfolio by Geography, 2001-1Q2010. Notes: Only for IT & related sectors.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Gust

OCTOBER 20, 2011

Angels typically invest in companies operating in industry sectors with which they are familiar. Marketing/Sales/Partners. Sales channels, sales and marketing partners. – No partners identified. ++. Key partners in place. Competitive products are weak. — Haven’t even discussed sales channels. ++.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

ConversionXL

NOVEMBER 30, 2015

If you’re worried Tinder is only for people desperately looking to “hook up”, 2/6 couples found perfect, romantic partners. According to a study from the Nielsen Norman Group , this is how homepages looked then vs. now… To summarize the data, today… We have less operating system and browser overhead.

Conversion 48

Conversion Search Design Vertical 48

Pascal's View

JUNE 11, 2009

The CVE’s [Center for Venture Education] DNA is that of an “entrepreneur-first” organization, growing out of the culture and values of Mr. K [Ewing Marion Kauffman] and his Marion Labs team that put together and operated the Kauffman Foundation.

Venture Capital 31

Venture Capital Programming Angel Groups Government 31

View from Seed

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. Two of the three have gross margins <50% (AMZN is 40%, AAPL 38%, MSFT 67%) and one has operating profit margins <5% (AMZN 4%, AAPL 22%, MSFT 34%).

IPO 202

IPO Early Stage Cofounder B2C 202

Startup Lessons Learned

JULY 11, 2019

Ann Miura-Ko is a founding partner at Floodgate , a seed-stage VC firm. The first time was just for a couple years, from 2001-2003, before I went to grad school. There were none in the firm, so I remember asking him if he knew of any general partners who were women in the Boston area. I've been in venture now twice.

Founder 68

Founder Lean Venture Capital Cofounder 68

abovethecrowd.com

FEBRUARY 27, 2019

Founded by Michael Bruno in Paris in 2001, 1stdibs (*) is the world’s largest online marketplace for luxury one-of-a-kind antiques, high-end modern furniture, vintage fashion, jewelry, and fine art. Swing is now at over 1,200 school partners and has filled over 115,000 teacher absence days. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88