reidhoffman.org

NOVEMBER 12, 2013

we had no revenue. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. Instead, our strategy was to steer immediately into the revenue question because that was the top concern of investors in 2004. We made the mistake of listing three different revenue streams.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

abovethecrowd.com

FEBRUARY 27, 2019

In 1817, David Ricardo published On the Principles of Political Economy and Taxation where he expanded upon Smith’s work in developing the theory of Comparative Advantage. Launched in 2005, Etsy is a leading marketplaces for the exchange of vintage and handmade items. The company was acquired by ebay in January 2007. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

Software By Rob

AUGUST 18, 2010

I just didn’t realize how much worse things would get: For the next month only 1% of users would choose the paid option. The only thing that seemed to be consistent about my growth was that my revenue was relatively flat while my user base kept growing. Pandora started out with less than 1% of their user base as paid subscribers.

Software Review 78

Software Review Software Revenue Cofounder 78

Occam's Razor

DECEMBER 9, 2013

So, based on my spectacular successes and painful failures around the world, I've developed a ladder of sustainable success. Or Ford (it is amazing that in 2013, for such an expensive product, it looks so… 2005). Invest in the site experience now to differentiate yourself from the competition, and create irrational loyalty.

Analytics 165

Analytics Marketing Channel Metrics 165

Both Sides of the Table

JULY 6, 2015

In this post I advocate taking a harder stand on where your product or solution differentiates in the market – even if it means you lose some deals as a result. There was a meme that started going around LPs around 2005 that “I’m not sure LA is really its own venture market” and some LPs actually believed that.

Sales 150

Sales Silicon Valley Las Vegas Southern California 150

Agile VC

APRIL 13, 2012

I spent some time with some startups in San Francisco proper, as opposed to the heart of Silicon Valley (see Note 1). The kinds of places where you have to sign an NDA when you walk in the lobby… When I lived and worked in the bay area (2000-2005) virtually all the startups were down on the peninsula somewhere.

Silicon Valley 185

Silicon Valley San Francisco San Jose Startup 185

Hearpreneur

AUGUST 19, 2015

1) Solve a Problem. Back in 2005, I started Cellit, a company focused on helping companies communicate with their customers via text messages. I have faced, and continue to face, many challenges along the way—evolving from an editor to a business owner, developing a memorable brand, finding great talent, to name a few.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

mashable.com

JUNE 11, 2013

I watched a great video with Barbara Corcoran, called " How to get more customers, step 1." While we love getting ideas from our team and have seen some stellar product development and user experience decisions generate from brainstorming and having an open office environment, we try not to let everything come to a vote.

Cofounder 111

Cofounder Technical Review Startup Software Review 111