Both Sides of the Table
DECEMBER 11, 2022
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. Until we weren’t. Nobody cared about our valuations any more.
Up and Running
NOVEMBER 27, 2013
They were just about to launch their product when the financial collapse happened in 2008. They even suggested that I should get less equity in the company because I didn’t bring the same amount of skill to the table.” ” Bittan stuck with it, but the entire team would suffer a set back. ” Bittan isn’t alone.
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ReadWriteStart
NOVEMBER 12, 2022
As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. This is partly due to the global financial crisis of 2008, which led many companies to reassess their spending to cut costs.
YoungUpstarts
OCTOBER 13, 2020
The number of flights in the United States was reduced by over 70% in April, seven times more than the impact of the financial crisis of 2008. In this way, we can reduce the time spent in commuting, reduce the environmental impact of our activity, optimize living costs and improve our work-life balance.
Steve Blank
NOVEMBER 2, 2021
Steve Blank, “ The Secret History of Silicon Valley ” Steve Blank , November 20, 2008. INTERACTIVE CHART “ Average Cost of Hard Drive Storage per Gigabyte 1980-2014” Human Progress. Class 4 Required Readings: Silicon Valley, the Military, and the Journey to the Fourth Industrial Revolution. Lee Bell, “ What is Moore’s Law? 7, 2017.
YoungUpstarts
JUNE 18, 2020
The first is the cost of entry. In addition, the average Wayback Burger space is 1,600 to 1,800 square feet, which means that real estate, buildout, and equipment costs are lower. Consider this: In 2008, Wayback Burgers had 10 restaurants. Potential franchisees need at least $100,000 in liquid capital.
YoungUpstarts
JULY 5, 2020
Following its show of strength and economic resilience through its 2008 financial crisis, Canada has proven to be a force to reckon with and a worthy role model to other countries. Low Cost of Doing Business. The cost of starting a business in Canada is 5% lower than what it will cost in the U.S.
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