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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money.

Valuation 466
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Female Founder Interview: Latina Leader Elizabeth Colón

The Startup Magazine

She has been named Chicago Business Journal Woman of Influence (2016), the National Association of Women Business Owners’ Woman Business Owner of the Year award (2015), the Small Business Administration’s Small Business Person of the Year award (2014), and Enterprising Women’s Enterprising Woman of the Year award (2013).

Founder 158
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Skills Development in Africa: How Wide is the Skills Gap?

Transformify

Post Brexit, many companies in the UK consider distributed teams overseas as an alternative to the shrinking talent pool and high recruitment costs in Britain. Nairobi, the capital of Nigeria, is often pointed out as the birth place of the so-called Silicon Savanah which gave the rise to the Africa’s tech scene between 2007 and 2010.

Africa 75
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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Historically more revenue came from distribution/lead-gen (57% in 2007), but this tipped in 2008 though appears to be steady from 2009 to 2010 at about 58% advertising and 42% distribution. 166M round closed Dec 2007. Pre-IPO Funding History: Kayak has raised approximately $235M in VC funding to date. Pre-money valuation was approx.

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For Those Recently Laid Off From Google, Leaving Your Job Doesn’t Mean Losing Your Identity.

Hunter Walker

Looking Back At My Own Departure in 2013. While I understand the decisions to cut headcount and costs, hearing about these folks in particular made me sad. Leading up to my departure in 2013, and after, I too feared the impact of losing that part of my self-worth. And I shared that anxiety in a blog post, reprinted below.

Chad 63
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Ofir Eyal Bar Simplifies Real Estate Investing For Newbies

YoungUpstarts

As a case in point, the Federal Reserve Bank of Atlanta published a graphic indicating that stock prices plunged 50% from the high to low between October 2007-March 2009. We’ve seen significantly fewer IPOs pre-and post the financial crisis ( 213 in 2007, 31 in 2008, and 222 in 2013).

Detroit 113
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Damon Becnel Discusses How The Startup Scene Has Changed Over The Past Decade

The Startup Magazine

They provide an excellent way for startups to train their employees without incurring the cost of a physical location or hiring more staff members. Tech Startup dedicated to custom jeans circa 2013. The first iPhone came out in 2007 but didn’t make its way mainstream until 2010, when apps were released for purchase on iTunes.

Startup 129