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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

A lot of people ask me what it was like raising the Series A round for LinkedIn back in 2003. I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003. Ok, now you have the context for early 2003. He provided our initial seed funding to launch the website publicly on May 5, 2003.

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What Just Happened

Feld Thoughts

Its revenue grew by 30%+. Another company had a revenue decline of 25%. My partners have another 50+. 2003 was hard. No one will value a company with a GM% of 10% at the same as a company with a GM% of 80% just because they are growing revenue at the same rate. Its gross margin grew by 30%+. Each one is different.

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Put A Coin In It! Invest In Early Stage Startups To See Maximum ROI

YoungUpstarts

A concrete monetization strategy, or at the very least a revenue model, gives investors detailed insight into how a startup plans to generate profit once an established network is set into place. Emmanuel de Watteville, General Partner and Co-founder of Blue Ocean Ventures, has been part of the startup ecosystem since 2003.

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How To Pivot Successfully

YoungUpstarts

You need to be able to read the signs from the business and the industry and acknowledge a declining revenue model. Once you’ve accepted that your offering will not accomplish your long-term plan, be open to re-imagining your assets and shifting to a new industry, one that can open up new revenue streams for your new company.

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4 Tips To Build A Deep Virtual Bench Of Talent

YoungUpstarts

days in 2001-2003. Instead of visiting colleges, collecting resumes and arranging interviews, the consumer good giant made the jobs known via social media and then partnered with an A.I. Keith leads all marketing activities and has successfully grown revenue and lead volume every quarter. company to screen the applicants.

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Can You Trust Any vc's Under 40?

Steve Blank

Each VC firm/partner has a different spin on what to weigh more.) 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.

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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I had lost a previous deal where the team said they liked me but didn’t know my partners well enough so I promised myself never to let that happen again. 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.

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