Remove 4
Remove 2001 Remove Revenue Remove Software Remove Software Review
article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

article thumbnail

Venture Capital Q&A Session

Both Sides of the Table

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). Most are not.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

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. VC will shrink. Oh yes it will. Price MUST be in a certain range.

LP 311
article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

4) help nurture and grow the companies they invest in. 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.

article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

Ah, but today’s Internet companies have real revenue! It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. I said that at the Founder Showcase, too. and profits! That doesn’t mean it’s not a bubble. Have a cushion.

article thumbnail

Hazards of Hiring

www.ericsink.com

The Business of Software. Software Development. After that, Ill finish the article by saying a few things about the specific challenges of hiring software developers. For small independent software vendors (ISVs), my rule is: Dont fill a position until after the need for that position is painfully clear. About Eric.

Hiring 40
article thumbnail

The Best Free Email Marketing Tool for Startups and Small Businesses

Up and Running

Bplans and Palo Alto Software are strong supporters of entrepreneurs and small business owners. 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. There are metrics to review.

Email 60