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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. In stead of growing revenue and holding down costs and building great company cultures the market chased valuation validation.

Valuation 466
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a computing device. 16 years later it’s just another software company. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Here’s why.

Azure 120
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a computing device. 16 years later it’s just another software company. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Here’s why.

Azure 120
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Three Counterintuitive Ways To Build A Business That Lasts

YoungUpstarts

by Gareth Wilson, Head of Marketing at Fog Creek Software. Despite being a bootstrapped company with little revenue, we over-invested in a central New York City office at a rate of 15% rent to revenue. What’s more, just over three quarters of workers consider their ideas are poorly reviewed and analyzed.

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Venture Capital Q&A Session

Both Sides of the Table

If you want to watch the show click the image above or this link , but if you want a quick read – here’s a summary: 1. The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). We will continue to do more of this. A: It’s not best.

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Can Document Management Restore Consumers’ Trust In Enterprises?

YoungUpstarts

This occurs for only two reasons, both of which are deeply rooted in a lack of checks and balances, tracking, and using one central, secure repository to store information: each a byproduct of either paper-dependent business practices or arbitrary storing and classifying of digital information: Consider the following examples: 1. Think again.

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Debating the Tech Bubble with Steve Blank: Part I

Ben's Blog

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. In 2001, Stewart Butterfield abandoned plans to build a massively multiplayer online game (MMOG) after costs became too great; he built photo-sharing service Flickr instead.