Duct Tape Marketing

MAY 4, 2022

One when scale started to kick in, when we hit the, you know, 200 employees at the head office, 2000 employees system wide, it started to get complex and a little bit outside of my sandbox. And that was, you know, 2004, 2005 was, I was realizing that it was no longer about working harder. And then secondly was the text.

CTO 80

CTO Cofounder Networking Operations 80

Berkonomics

JANUARY 28, 2021

The first is of a 2004 startup that I cofounded and led the investment group for several early rounds, then VC rounds. The company had grown to forty employees and a healthy eight figure gross revenue run rate but has absorbed over $36 million of angel and VC money to do so, and without yet reaching breakeven.

Early Stage 62

Early Stage Valuation Pre-Money Valuation Cofounder 62

This is going to be BIG.

MAY 5, 2023

I understand that now, being an investor in companies that have over 100 employees, closing in on $100mm run rates, where it’s been a long time since I was a Board Observer and most of their interaction is with the bigger, later stage investors that came after me.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. million in 2004 to $6.5 And yet…Forrester found that 70% of CMOs did not list retention as a top priority. communication. The result?

Retention 115

Retention Customer Developer Programming 115

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. million in 2004 to $6.5 And yet…Forrester found that 70% of CMOs did not list retention as a top priority. communication. The result?

Retention 112

Retention Developer Customer Programming 112

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. million in 2004 to $6.5 And yet…Forrester found that 70% of CMOs did not list retention as a top priority. communication. The result?

Retention 105

Retention Customer Developer Programming 105

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. million in 2004 to $6.5 And yet…Forrester found that 70% of CMOs did not list retention as a top priority. communication. The result?

Retention 98

Retention Customer Developer Programming 98

reidhoffman.org

NOVEMBER 12, 2013

What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004. the consumer internet landscape in 2004 vs. today. In 2004, the consumer internet was just beginning to rebound. we had no revenue. the evolution of LinkedIn as a company.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Agile VC

FEBRUARY 2, 2012

Founded : Spring 2004, incorporated July 2004. How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. Financial Snapshot : 2011 Revenue: $3.71 2011 YoY Revenue Growth: 88%. 2011 YoY Revenue Growth: 88%.

IPO 100

IPO South Korea Venezuela Revenue 100

Mike Michalowicz

NOVEMBER 11, 2021

Buzz, as most call him, has simplified digital marketing success with The Rule of 26 and is on a mission to double the website revenue of service-centric businesses across America. My wife Mirta, a professional chef from Paraguay, and I started the business in 2004. Now we have 70 employees and serve 5000 children every day.

Paraguay 84

Paraguay Cofounder Cleveland Email 84

Gust

NOVEMBER 4, 2011

This discussion expands on my Quora answer to a specific question: “ Why were the stock options of MySpace employees worthless even though the company was sold to News Corporation for hundreds of millions? ” The complete story includes a startup-within-a-startup, investments and exits by two VC firms, and some genuine corporate drama.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Both Sides of the Table

JULY 10, 2010

You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth. Has 85 employees in London and Nottingham. Has 150 employees and is opening a HQ in SF and a supply-chain office in LA. Founded by Matt Rutledge in 2004 and based in Dallas.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Berkonomics

JULY 10, 2014

The first is of a 2004 startup that I cofounded and led the investment group for several early rounds, then VC rounds. The company has grown to forty employees and a healthy eight figure gross revenue run rate, but has absorbed over $36 million of angel and VC money to do so, and without yet reaching breakeven.

Valuation 71

Valuation Cofounder Founder Revenue 71

Reid Hoffman

MARCH 19, 2019

But in today’s world, speed-to-scale entrepreneurship is what we need to improve society, transform industries, and create massive value for customers, employees, and investors. When the market conditions are right, you should blitzscale for the benefit of all stakeholders: customers, employees, investors, and society.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

ConversionXL

MAY 27, 2022

Elevate your founder and employee personal brand. Likewise, 72% of consumers prefer brands whose employees share information online. Fostering a personal brand , and empowering your employees to do the same, helps build perceived value, trustworthiness, and credibility. Let’s look at seven proven ways to deliver it.

Demand 115

Demand Affiliate Audience Leadership 115

The Next Web

FEBRUARY 25, 2014

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. We started with three employees building up an e-commerce platform in Nigeria. Moreover, investment in the country has been slow to accelerate.

Nigeria 148

Nigeria Africa Reputation Email 148

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/2004: 31.6. If we took too much dilution, we will work with our new investor to make sure that every employee is still highly financially motivated.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Both Sides of the Table

APRIL 27, 2010

Moving on … My second post was directed at employees. If you’ve done it for a long time then I usually advise hiring managers to hire you as contractors and not full-time employees. No employees wanted to join startups – they were all looking for stable jobs. I learned about revenue recognition.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/2004: 31.6 If we took too much dilution, we will work with our new investor to make sure that every employee is still highly financially motivated.

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Reid Hoffman

OCTOBER 15, 2013

What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004. the consumer internet landscape in 2004 vs. today. For example, great investors can significantly boost the strength of your network, which helps in recruiting employees and acquiring customers.

Finance 78

Finance Cofounder Early Stage Networking 78

BeyondVC

AUGUST 27, 2007

It was John who also first introduced me to the company in July of 2004 when I decided to participate in their angel round. The company had 3 full time employees and had a nice problem on its hands-it had to limit its growth because it needed more capital to scale and meet user demand.

Media 60

Media Sales Cofounder Audience 60

www.ericsink.com

SEPTEMBER 22, 2011

2004-07-08 15:59:32 Hazards of Hiring. But in a small company that is funded by its own revenues, it is almost always a mistake to hire for a position before it is absolutely clear that hiring is the right thing to do. Sometimes all our indicators are positive, but the employee just doesnt work out. About Eric. Version 7.0

Hiring 40

Hiring Software Review Coder Illinois 40

Hearpreneur

OCTOBER 30, 2015

I re-ignited Anvil as consultancy, but I wasn’t quite ready to hire employees yet. After taking another year to build a second email marketing startup (with Anvil running in the background), I finally decided it was time for me to commit to building my own team and Anvil grew in earnest in 2004. Image Credit : Frederique Murphy.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

Both Sides of the Table

SEPTEMBER 2, 2009

We should end the year with a few million in fully recurring revenue and we’re projected to double next year. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. Probably revenue based. I think a couple of million or revenues is probably a reasonable goal.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Hearpreneur

MARCH 13, 2020

When I help other people through skills in digital marketing, I’m able to give more to clients, employees, my family and the community. In 2004 I was a part-time flight attendant with a 10-year-old son living in Los Angeles. But another reason was I defined my mission in business. That is not a joke. 12- I needed to pay my rent!

Entrepreneur 132

Entrepreneur LLC Technical Review Finder 132

BeyondVC

APRIL 12, 2006

The acquisition price of $350mm is pretty sweet validation for the open source model considering that the multiples are about 20x trailing revenue ($20mm estimated revenue in 2005) and 6-7x forward ($50-60mm estimate for 2006). And on top of that the company only raised $10mm which means it was incredibly capital efficient.

Open Source 60

Open Source Architecture Retention Revenue 60

Duct Tape Marketing

APRIL 7, 2022

So a lot of agencies track revenue, some actually even track profit, but you, if we're gonna optimize, um, profitability, what, what should we be measuring? John Jantsch (22:27): The, my longest running client, uh, has been a client since 2004. So I'm also maybe a little French too, that might have helped. No, you did a great job.

Cofounder 77

Cofounder Hosting Networking Software Review 77

Hearpreneur

JUNE 14, 2017

I encourage my employees to work lifestyle hours that allow them to be whole people while also growing their careers and growing the business. The commitment I have to the happiness of my employees is reflected in their commitment to building the business of RPR. My greatest strength is in connecting with people.

Entrepreneur 128

Entrepreneur South Africa PR Thailand 128

abovethecrowd.com

DECEMBER 18, 2017

Most large healthcare IT systems are chosen based on one primary objective: revenue management. healthcare system is complex and difficult, and most of these large EHR systems’ number one purpose is to deliver revenue. The employee picks a provider from a plan picked by the employer from the insurance carrier. In the U.S.

Customer 59

Customer Technical Review Venture Capital Software Review 59

Hearpreneur

SEPTEMBER 15, 2017

5- Reflecting on our services, personable nature of employees and some humor. A company needs to learn how to lift themselves, their clients and their employees up, while incorporating digital strategy tactics that will excel in ways that no company or individual thought was possible. So ultimately, it was a bad name.

Naming 98

Naming Entrepreneur Green LLC 98

Seeing Both Sides

AUGUST 16, 2012

Last week, I wrote about Akamai , a company with strong network effects that successfully transitioned from a single product to build a platform that garners over a billion dollars in revenue and is now a core part of the Internet’s fabric. Expedia grew to account for roughly one third of the company’s revenues. Think about that.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Gust

MAY 24, 2012

This is nothing new; long favored by family-controlled media empires such as Rupert Murdoch’s News Corporation , among Internet firms alone, Google took a dual-class approach when going public in 2004. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.

IPO 159

IPO Equity Common Stock Stock 159

Duct Tape Marketing

AUGUST 10, 2017

Landon Ray: Yeah, that would have been 2004. We don’t really share revenue numbers but we do pretty well. We grow the business out of our own revenue the old-fashion way which has been challenging but wonderful also. Also, of course working with entrepreneurs and our employee is killer. How big is ONTRAPORT today?

Software Review 36

Software Review CTO Hire Fractional CTO Software 36

YoungUpstarts

APRIL 27, 2016

At StockPKG, we set monthly goals like many other companies, but have three specific aims outside of revenue and profitability: A. Total number of new customers: Our team sets definite goals for our sales and customer service departments, placing them high enough so our employees work diligently. 2 – Goals, Goals, Goals.

Sales 100

Sales Revenue Customer Small Business 100

Software By Rob

AUGUST 18, 2010

The only thing that seemed to be consistent about my growth was that my revenue was relatively flat while my user base kept growing. This turned out to be a good move since it doubled their revenue that month. He has a great stats page that shows everything from monthly revenue to the breakdown of users by plan type.

Software Review 78

Software Review Software Revenue Cofounder 78

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

In 2004 I began blogging. I don’t actually have any employees. Because I have no employees, there’s a profit margin of about 70%, so it’s a really fantastic business model and gives me the freedom to travel and come back from my travel with more money than I left with. Adding Ad Revenue. I’m the content creator.

Technical Review 76

Technical Review Software Review Prospectus Audience 76

online.wsj.com

SEPTEMBER 23, 2012

His findings are based on data from more than 2,000 companies that received venture funding, generally at least $1 million, from 2004 through 2010. Mr. Dreymann moved his family from Israel in 2004 after co-founding Goodmail in Mountain View, Calif., At its peak, in 2010, Goodmail had roughly 40 employees. Replay the event.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107