Both Sides of the Table

JUNE 5, 2011

I’ve decided to take all of my private conversations and subjective points-of-view on the topic and make them public in a keynote speech at the Founder Showcase in San Francisco on June 15th. 2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Up and Running

SEPTEMBER 11, 2014

Rob Biederman, co-founder of HourlyNerd, has a funding story that wouldn’t be out of place in a movie. In 2003, Ben Luftman, fresh out of law school, started Luftman, Heck & Associates, LLP, with partner, Jeremy Heck. It just feels right,” says Mike Whitehead, FINEX founder. After all, what have you got to lose?

Cofounder 137

Cofounder Green Small Business Administration Business Plan 137

Duct Tape Marketing

FEBRUARY 20, 2024

Jason also serves on the board of the Future Founders Foundation, a Chicago-based organization that empowers the next generation of business leaders and entrepreneurs. He is the founder and CEO of ActiveCampaign. Fuel your growth, boost revenue and save precious time by upgrading to active campaign today. This is John Jantsch.

Chicago 49

Chicago Campaign Software Review Software Engineering 49

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. But during this period, many founders and investors do prize growth above most everything else. Good Times” presentation (Oct 2008).

IPO 202

IPO Early Stage Cofounder B2C 202

Hunter Walker

JANUARY 15, 2016

Ted Rheingold: In 2003 I owned and ran a web service business called OneMatchFire , and made a number of image sharing products for customers (or as side projects). I wish I could claim I deftly foresaw this, but I was just seeking recurring revenue to to cover OneMatchFire’s office expenses. How did the site come about?

Technical Review 48

Technical Review Startup Cofounder SMS 48

Both Sides of the Table

MARCH 1, 2011

Mike is a no BS guy, has all the attributes I look for in a founder and says things like, openly shares knowledge and opines without a filter including this one, “whoever invented uncapped convertible debt should be spanked!&# This is an interview you’re not going to want to miss, I promise.

Semantic 302

Semantic Acquisition Valuation Angel Investor 302

Both Sides of the Table

NOVEMBER 25, 2010

So I organized a team dinner with all four of my partners and all three of their founders. In the 2003/04 timefame I was living in the UK and running my first company. As the founder & CEO I personally went and met with as many people at Thames Water as I could. 15 companies North of $1 billion exit.

China 333

China Silicon Valley Software Review Technical Review 333

Both Sides of the Table

JULY 16, 2013

I remember just a decade ago in 2003 when we all laughed at how dumb people in the 90′s were talking about the race to “capture as many eyeballs as possible” before your competition. The company with no revenue and a $150k burn rate that raised $2.5 I have seen much of that behavior over the past 2 years get worse.

Burn Rate 412

Burn Rate Dilution Revenue Valuation 412

Both Sides of the Table

NOVEMBER 25, 2010

So I organized a team dinner with all four of my partners and all three of their founders. In the 2003/04 timefame I was living in the UK and running my first company. As the founder & CEO I personally went and met with as many people at Thames Water as I could. 15 companies North of $1 billion exit.

China 328

China Silicon Valley Software Review Technical Review 328

Both Sides of the Table

DECEMBER 9, 2010

Factual was created in 2007 by Gil Elbaz, the founder of Applied Semantics. Google bought Gil’s company in 2003 (pre IPO) for $100+ million and this business now represents about 30% of all of Googles revenue. In case you don’t know Applied Semantics it’s Google AdSense.

Cloud 343

Cloud Technical Review Database Semantic 343

abovethecrowd.com

FEBRUARY 27, 2019

Four years later, in May of 2003, they launched Taobao Marketplace, Alibaba’s answer to eBay. In November of this year, the company announced that it had achieved “substantially” more than $1B in revenue in the third quarter. billion of GSV (gross services revenue) across 2.0

Internet 88

Internet Matching Vertical Hosting 88

Duct Tape Marketing

JANUARY 19, 2023

Despite not going to university, Ash became a serial tech founder and the first marketing director of a unicorn startup – Just Eat). Well, you're gonna judge it by the team, by the co-founders. And when you're judging it by the co-founders, that's when you have to try and decide, okay, what have they got going for themselves?

Audio 86

Audio Cofounder Framework Early Stage 86

Agile VC

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. But during this period, many founders and investors do prize growth above most everything else. Good Times” presentation (Oct 2008).

IPO 100

IPO Early Stage Cofounder B2C 100

VC Cafe

FEBRUARY 27, 2020

Newzoo estimates the global games market revenue at approximately $150 Billion in 2019, across all platforms, devices etc. According to Statista, the Music industry generated around $56 Billion in revenue in 2019, and movies generated record of $42.5 Billion in revenues in 2019. Billion in revenues in 2019.

Global 131

Global Revenue Mobile IP 131

Austin Startup

NOVEMBER 16, 2010

Over a 25 year career, Baughman has gained experience in leading worldwide sales organizations, brings expertise in full life cycle product management, proven revenue creation and growth management including taking a start up from zero to $1.6B, and shepherding companies through all phases from start up launch to IPO to acquisition.

Naming 59

Naming Hiring Technical Review Virginia 59

VC Cafe

MARCH 4, 2021

I first met Mark in Israel in 2003, when he offered me a job at GLG straight out of college. that develop among employees, public goods that are bought with the tax revenue generated by the company, economies that develop and grow from the spending of the employees (from restaurants to real estate, and a thousand other things).

Africa 155

Africa Cofounder Community 155

Up and Running

SEPTEMBER 20, 2017

In 2003, the journey of the podcast began, and by 2007, “The Ricky Gervais Show” made headlines with a record-breaking audience 260,000 listeners. Because they can earn revenue from other sources. Russell Smith, founder of Russell Smith Chartered Accountants , is a small business owner with over a decade’s worth experience.

Entrepreneur 101

Entrepreneur Hosting Community Audio 101

SiliconHills

FEBRUARY 5, 2014

By LAURA LOREK Founder of Silicon Hills News In 2003, Jessica Herrin started Stella & Dot, making jewelry kits out of her home in Austin, Texas. This year, the company will do $220 million in revenue, Herrin said at Startup Grind 2014 in Mountain View, Calif.

Texas 92

Texas Austin Revenue Founder 92

Lightspeed Venture Partners

JULY 15, 2013

It was at that time that I reconnected with Raj De Datta, a fantastically talented repeat entrepreneur with whom I had gone to Harvard Business School from 2001-2003. I’ll also never forget all of the potential technical co-founders that we talked to who never seemed to be a perfect fit. That is, until we met Ashutosh Garg.

Mobile 141

Mobile SEO Cofounder Boston 141

Duct Tape Marketing

DECEMBER 14, 2017

He is the founder and CEO of Stackify. I said in the intro and it’s funny how many founders of companies start companies because they can’t find something or they can’t get something solved, so they just solve it by creating a company. As a founder of a company, a CEO of a company. Go check it out.

Kansas City 40

Kansas City CTO Hire Las Vegas Software Developers 40

Both Sides of the Table

SEPTEMBER 28, 2013

For starters let me use “CEO” as a proxy to include her “inner circle” which might mean co-founders or might just mean senior execs of the business. The Mind of the Founder. The mind of a founder is wired differently than most people. The startup CEO was not the original founder.

Startup 417

Startup Dilution San Diego Stock Options 417

SVPG

SEPTEMBER 30, 2016

They had a couple experienced co-founders, including the now legendary Reed Hastings, but the problem was that they were stuck at about 300,000 customers. To be specific, AdWords is currently 16 years old, and last year alone it generated well over $50B in revenue. The title is not important; the work they do is.

Product 60

Product Technical Review Software Review Engineer 60

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

AUGUST 15, 2009

In the 2003/04 timefame I was living in the UK and running my first company. As the founder & CEO I personally went and met with as many people at Thames Water as I could. Winning the contract meant that we would hit our quarterly revenue figure and be in good position for our annual sales target.

Software Review 151

Software Review Technical Review Silicon Valley France 151

Agile VC

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 188

Startup Cofounder Seed Stage IPO 188

mashable.com

JULY 18, 2012

But there’s also the satellite-mapping company Keyhole, which in 2003 became the seed that sprouted Google Maps. Originally founded by PayPal co-founder Max Levchin Slide.com was known as the largest third-party developer of Facebook applications until Google purchased it to “make Google services socially aware.”. Slide.com.

San Francisco 104

San Francisco Acquisition Social Media Mobile 104

YoungUpstarts

JUNE 28, 2012

chief, came to the rescue in 2003 and helped turn the company around for the better. Revenues have continued to increase every year and investors couldn’t be happier with what brave Mr. Revenues have continued to increase every year and investors couldn’t be happier with what brave Mr. Drexler has done for J. million in 2005.

Bankruptcy 195

Bankruptcy Texas Naming Venture Capital 195

www.readwriteweb.com

MARCH 7, 2011

Chris McCann is the co-founder of StartupDigest , the members-only guide to the tech startup world. Since most companies have little to no revenue, who else has already invested in the deal is heavily weighted to prove value. Follow McCann on Twitter @Mccannatron. Roberts also takes issue with the emphasis on ?social social proof?

Technical Review 50

Technical Review Due Diligence Startup Angel Investor 50

Reid Hoffman

JANUARY 20, 2013

20 years ago, the classic startup model was to have young founders start a breakthrough company, then bring in “grey hair” in the form of experienced executives once it was time to scale the business. In other words, Ben asserts that bringing in a professional CEO should be a last resort for a founder. During the dot com era, Yahoo!’s

Founder 78

Founder Hiring Cofounder Hawaii 78

View from Seed

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 120

Startup Cofounder Seed Stage IPO 120

VC Cafe

JULY 27, 2017

According to the Interactive Advertising Bureau, podcast industry ad revenue will reach $220 million in 2017, up 85 percent from 2016’s $119 million ( source ). My own fascination with podcasts began with a warm recommendation from Pablo (founder of Antidote ). One of them is Alex Blumberg, founder of Gimlet Media.

Audio 109

Audio Silicon Valley Curation Cofounder 109

pandodaily.com

NOVEMBER 29, 2012

“Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” “The real winners here are going to be the seed funds and early stage VCs that can write a $1 million to $2 million check,” says AngelList co-founder Naval Ravikant.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

Agile VC

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 100

Startup Cofounder Seed Stage IPO 100

The Next Web

FEBRUARY 25, 2014

Monty Munford is the founder of Mob76 , a company that helps companies become investible and prepares them for exit. It has made and wasted billions of dollars in oil revenues and outside Lagos the country is corrupt and doesn’t even run a Postal service for its people. Moreover, investment in the country has been slow to accelerate.

Nigeria 148

Nigeria Africa Reputation Email 148

Gust

NOVEMBER 4, 2011

For more page-turning corporate drama, including the feud between Intermix co-founders and UCLA college buddies Brett Brewer and Brad Greenspan, Nasdaq delisting, proxy contest and lawsuits by Greenspan after he was fired as CEO, see Stealing MySpace by WSJ reporter Julia Angwin. MySpace became its own company, MySpace, Inc.,

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

David Teten

AUGUST 7, 2019

Likely signs of a Value investment: the company has challenges in filling out the round; the investors have more negotiating leverage than the founders during the closing process; the company has significantly better metrics (e.g. LTV / CAC, revenue growth, etc.) Requires less analysis. But VC is historically and consistently cyclical.

Venture Capital 60

Venture Capital Valuation Stock NDA 60

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Revenue multiple? At an accelerator …. Your A round?

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153