Both Sides of the Table

MAY 19, 2010

Greycroft is an early-stage VC. Closing a VC fund in 2009/10 is a major achievement in and of itself. CEO hinted to WSJ that it may go public in early 2011. Total raised: $83mm; Series B round (July 2009 for $43mm) valued company at $400mm. Note that these are “gross” revenue numbers. OTHER DEALS: 1.

Partner 240

Partner New York City Cofounder Syndicate 240

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. Unemployment continues to rise – Unemployment as of September 2009 is 9.7% but the truer number of underemployed is a whopping 16.8%! That’s around 1 out of 7 working-age Americans.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Both Sides of the Table

MARCH 24, 2014

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. Working with early-stage teams : coaching, mentoring, setting strategy, rolling up sleeves: 9/10. That company was Invoca, which just announced a $20 million fund raise led by Accel. 5 years ago.

Los Angeles 387

Los Angeles Intellectual Property LP Venture Capital 387

Steve Blank

APRIL 10, 2009

Filed under: Customer Development , Technology | Tagged: Customer Development , Early Stage Startup , Entrepreneurs , Startups , Steve Blank « SuperMac War Story 6: Building The Killer Team – Mission, Intent and Values Story Behind “The Secret History” Part IV: Library Hours at an Undisclosed Location » 17 Responses Michael F.

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

Version One Ventures

FEBRUARY 15, 2017

As such, Top Hat can provide key lessons for early-stage companies: 1. They focused on revenue early on. Top Hat had an early and continuous focus on revenue; they have been operating profitably since their launch in 2009. And selling to institutions requires a long sales cycle. They hustle.

Vertical 132

Vertical Technical Review Cofounder Sales Cycle 132

Steve Blank

SEPTEMBER 7, 2009

Reply Twitter Trackbacks for The Customer Development Manifesto: The Startup Death Spiral (part 3) « Steve Blank [steveblank.com] on Topsy.com , on September 7, 2009 at 1:25 pm Said: [.] Reply links for 2009-09-07 « Blarney Fellow , on September 7, 2009 at 6:10 pm Said: [.] Thanks for sharing. Absolutely priceless.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

ReadWriteStart

JANUARY 12, 2011

billion in funding in 2792 deals - a 14% growth in funding and a 13% growth in deals over 2009. For those of you looking for a data point that suggests VC is back and on the road to recovery after 2009's tough sledding," the report reads , "the eight quarter high on deals and dollars gives you something to hang your hat on.

Early Stage 119

Early Stage Internet Massachusetts New York 119

Steve Blank

NOVEMBER 16, 2009

Filed under: Customer Development , Customer Development Manifesto , Market Types « “Lessons Learned” – A New Type of Venture Capital Pitch Closure » 21 Responses Tweets that mention Times Square Strategy Session – Web Startups and Customer Development « Steve Blank -- Topsy.com , on November 16, 2009 at 7:20 am Said: [.]

Customer Development 219

Customer Development Web Developer Customer 219

ReadWriteStart

NOVEMBER 29, 2010

Springboard debuted in 2009 as an " accidental incubator " emerging from the company Red Gate Software. Springboard aims to help early stage startups. Springboard has launched a new mentorship-led accelerator program for European startups.

Early Stage 113

Early Stage Programming Seed Capital Incubator 113

The Equity Kicker

MARCH 28, 2014

The firm was founded in 2009 and they just announced the closing of their fourth fund at $1.5bn. They are one of the firms that inspires us here at Forward Partners , particularly for their operational model which we have adapted and extended so it works for early stage in the UK.

Technical Review 125

Technical Review Venture Capital Early Stage Cloud 125

Steve Blank

MARCH 19, 2009

Filed under: SuperMac | Tagged: Early Stage Startup , Steve Blank « There’s a Pattern Here SuperMac War Story 2: Facts Exist Outside the Building, Opinions Reside Within – So Get the Hell Outside the Building » Leave a Reply Click here to cancel reply. Nothing I couldn’t fix. I took the job.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

Steve Blank

JULY 7, 2009

Reply John Muldoon , on July 9, 2009 at 1:52 pm Said: This was really fabulous to watch. luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. How do I get in the room next time? Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Customer Development 124

Customer Development Developer Silicon Valley Customer 124

View from Seed

MAY 31, 2023

For example, a 2009 study conducted by Paul Gompers and David Scharfstein, “Performance Persistence in Entrepreneurship”, found that failed founders have the same chances of success¹ as novice founders, but prior success does increase the odds of future success.

Silicon Valley 156

Silicon Valley Cofounder Term Sheet Founder 156

SoCal CTO

FEBRUARY 20, 2007

Ive personally been involved in the start-up world in Los Angeles for about 15 years, and have had the opportunity to work on many early-stage companies (e.g., Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Both Sides of the Table

APRIL 2, 2010

Example: if a VC is on their fourth $200 million fund that they just raised in 2009 then you might hear them talk about $800 million under management. For example, my firm, GRP Partners, has a $200 million fund that was closed in March 2009 and we have 4 investment partners.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Steve Blank

AUGUST 13, 2009

This could be useful information for those that want to get involved with a early stage start-up and want to evaluate it but not necessarily for funding. Reply Raj , on August 14, 2009 at 2:45 am Said: Steve, This post has probably triggered a paradigm shift in the way that I’ve been approaching my startup.

Silicon Valley 179

Silicon Valley RSS Technical Review Lean 179

Steve Blank

MAY 28, 2009

Reply steveblank , on May 29, 2009 at 8:58 pm Said: David, Technical differentiation is a business school checklist. are much softer and much, much harder to measure (or believe) in a very early stage startup. steve BrianB , on May 30, 2009 at 4:14 am Said: Hi Steve, Thank you for this really great blog.

Vertical 144

Vertical Silicon Valley Marketing Customer 144

Steve Blank

OCTOBER 5, 2009

I liked the fact that you linked to the wikipedia page for a payphone — nice touch Reply Chris Ryland , on October 5, 2009 at 12:06 pm Said: Where did Ben Wegbreit fit in the Convergent picture? (He Reply steveblank , on October 5, 2009 at 2:08 pm Said: Chris, Ben was the founding VP of Engineering at Ardent.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

Steve Blank

JUNE 25, 2009

Reply steveblank , on June 25, 2009 at 9:04 am Said: Prakash, This is at the dawn of time, but I seem to remember when we first started selling the IWS, our first product, there weren’t any. rick , on June 25, 2009 at 8:57 am Said: Great post. rick , on June 25, 2009 at 8:57 am Said: Great post.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

The Next Web

DECEMBER 4, 2013

Building your brand presence on specialized outlets holds immense value for your business – especially in early stages. Back in 2009, Cloudera placed news of its Distribution for Hadoop launch in tech blogs and reputable news sources , and reached 1.5 million people in 24 hours as a result.

Social Media 158

Social Media Media Viral Startup 158

David Teten

SEPTEMBER 16, 2014

Angel investors are generally former entrepreneurs and/or executives, who invest in privately-held, early-stage companies. Sohl: “The Angel Investor Market in 2009: Holding Steady but Changes in Seed and Startup Investments”. Source: Center for Venture Research – Angel Market Analysis Report. approx 2004-09.

Angel Investor 114

Angel Investor Technical Review Venture Capital Pre-Money Valuation 114

K9 Ventures

JULY 24, 2014

I was relatively new to the investing world at the time having started K9 Ventures just a year before in April 2009. I believe this was in April 2010 and if memory serves me correct it was an event hosted at the Hiller Aviation Museum in San Carlos by Sand Hill Angels , where Vinod Khosla gave a talk.

Technical Review 112

Technical Review Early Stage Operations Hosting 112

Startup Lessons Learned

AUGUST 26, 2009

Lessons Learned by Eric Ries Wednesday, August 26, 2009 Building a new startup hub Last week, I had a unique opportunity to spend some time in Boulder at the behest of TechStars. The companies I spoke to all agreed that the community there was extremely supportive, especially in the critical ulta-early-stage.

San Francisco 113

San Francisco Silicon Valley Startup Continuous Deployment 113

Steve Blank

FEBRUARY 23, 2009

I was between my 7th and 8th and final startup; licking my wounds from Rocket Science, the company I had cratered as my first and last attempt as a startup CEO. Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Venture Capital 150

Venture Capital Technical Cofounder Southern California Los Angeles 150

SoCal CTO

MARCH 9, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Gust

MAY 22, 2012

It’s an early stage investment, meaning that it has a long way to go, several years, before it gets through all the testing and makes a difference for people. We like the local connection. . That’s worked out very well for us, which is part of the reason I blog on this site regularly. .

Technical Review 111

Technical Review Oregon Due Diligence Term Sheet 111

YoungUpstarts

DECEMBER 10, 2015

In the early stages of a business, many entrepreneurs self-fund their ventures through personal savings or credit cards or by accepting capital from family and friends. It’s crucial to separate your personal and business finances to easily illustrate the financial strength of your business.

Technical Review 100

Technical Review Cofounder Small Business Early Stage 100

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? In an early-stage startup especially, revenue is not an important goal in and of itself. April 14, 2009 3:09 PM Eric Santos said. But all things are never equal.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Both Sides of the Table

JULY 23, 2014

The “big boom” in startup financing started around March 2009?—?more Early-stage VCs have realized that they need to capitalize on this trend, which is why many traditional VCs have set up “opportunity” funds that sit alongside their core funds as a means of capturing more private-market (pre IPO) value.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

SoCal CTO

MARCH 13, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

SoCal CTO

FEBRUARY 28, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Mobile 150

SoCal CTO

FEBRUARY 25, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

SoCal CTO

FEBRUARY 17, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Los Angeles Southern California CTO Hire 150

SoCal CTO

MARCH 1, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

SoCal CTO

FEBRUARY 17, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Early Stage Marketing and Branding – Farida Fotouh. Technology Jobs in Southern California – a Rebound. Attorney and Startup Business Advisor – Aaron Shec.

Los Angeles 150

Los Angeles Technical Cofounder Southern California CTO Hire 150