HPA Member Amanda Lannert Inducted into Chicago Innovation Hall of Fame

Hyde Park Angels

As the CEO of Jellyvision , Amanda has been a key figure in driving the company since its founding in 2001. Congratulations to HPA Member Amanda Lannert for being inducted into the Chicago Innovation Hall of Fame!

How a female entrepreneur gained Traction in a male-dominated industry

Entrepreneurs' Organization

In 2001, while serving in the Hawaii Air National Guard, I started working for ABM Onsite Services as the Administrative Assistant. Tiera Covington, EO Hawaii, is the founder and president of Integrated Facility Services Hawaii (IFSH).

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Bezos' Shareholder Letter in 2000

Tomasz Tunguz

It’s been a brutal year for many in the capital markets and certainly for Amazon.com shareholders. As of this writing, our shares are down more than 80 percent from when I wrote you last year. Jeff Bezos wrote this to start his annual shareholder letter in the year 2000.

Entrepreneurship In Latin America

A VC: Musings of a VC in NYC

It is a little known part of my career, but for a brief period from 1997 to 2001, I was part of a small group of investors who helped to create a startup ecosystem in Latin America. It all started with a company called StarMedia which created a Yahoo-like “portal” for Latin America. My partner Jerry Colonna and I met StarMedia in early 1997 and we brought it to our partners at Chase Capital Partners because we wanted to lead a Series A investment in it.

The Changing Venture Landscape

Both Sides of the Table

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.”

Stepping Up in Crisis: EO Members Respond to COVID-19

Entrepreneurs' Organization

Within a few days of 11 September 2001, I purchased plane tickets for optional personal travel. In times of crisis, entrepreneurs step up to take the lead on creating groundbreaking pathways toward renewal.

[OurCrowd CEO Jon Medved in Israel21c] Prepare for recession, reinvention and opportunity in post-covid economy

OurCrowd

“Historically, investing in times of economic downturns – such as after the Internet bubble burst in 2001 and 2002, and after the financial crisis of 2008 and 2009 — has proved lucrative because you’re buying at a discount.

How to Manage a Startup Through Troubling Times

Entrepreneurs' Organization

Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Contributed by Rizwan Virk , author of S tartup Myths and Models: What You Won’t Learn in Business School. The pandemic of 2020 has tested most sectors of the economy.

Because the Domain Makes it Really Real

This is going to be BIG.

I got my first job in venture--at GM--in February 2001. Three years ago today, I grabbed the domain name BrooklynBridgeVentures.com. It''s kind of a funny answer to "When did you start Brooklyn Bridge Ventures?". What might be a more relevant date is May 22nd, 2007. That''s the day I sat down for lunch at Coffee Shop with Henry Blodget, just six days after Silicon Alley Insider launched.

When to pivot from your original plan?

Berkonomics

Green Dot Corporation was formed by an entrepreneur in the year 2001 to create a product to permit those without credit cards to purchase items on the Internet. Plans do not often work as devised. . We are not always smart about the market or the product.

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Pakistan’s growing tech ecosystem is finally taking off

TechCrunch

As a frontline state and coalition partner in the United States’ invasion of Afghanistan, Pakistan saw fatalities from terrorist violence soar from 295 in 2001 to a peak of over 11,000 in 2009. Mikal Khoso. Contributor. Share on Twitter.

Office Hours with Lee Kirkpatrick, former Twilio CFO on Managing through Turbulence

Tomasz Tunguz

During the dotcom crash in 2001, the Global Financial Crisis of 2008, and the SaaS corrections in 2014, 2016, and 2018, Lee was either COO/CFO or CFO at Twilio, SAY Media, and Ofoto. Lee Kirkpatrick is no stranger to downturns.

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Why do you win?

This is going to be BIG.

When I first started in venture capital, back in 2001, I used to fund funds. I worked for an institutional investor that invested in both venture capital funds and later stage growth deals. My job was to figure out why certain firms were winning and why they might continue to win. Part of this, of course, involves looking into the past. Why someone did well previously is the first clue to figuring out whether or not that would be sustainable--but it isn't necessarily predictive.

Four Steps to Making Customer Service an Organizational Priority

Entrepreneurs' Organization

Jeff Carruthers founded Resonate in 2001, and has steered the business with a focus on what makes organizations relevant to contemporary customers as well as a keen eye for technical innovation. The original version of this article appeared on Resonate’s blog.

18 Films Entrepreneurs *Should* See

Entrepreneurs' Organization

Startup.com (2001). American actress and activist Susan Sarandon, when asked about the importance of movies in shaping identity, responded with this thoughtful statement: “Oh, movies are important and they’re dangerous because we’re the keeper of the dreams.

Goalsetter raises $3.9 million to teach financial literacy to kids

TechCrunch

Founded by Tanya Van Court, who lost over $1 million in the 2001 bubble burst, the platform teaches financial literacy to children of all ages, helping them learn economic concepts, lingo and the principles of financial health.

How to Engage Employees—Sustainably

Entrepreneurs' Organization

After having worked in London, Frankfurt and San Francisco, he returned to Hamburg in 2001, where he lives with his wife and his seven-year-old twins. Written for EO by Torsten Oppermann, co-founder of the marketing agency MSM.digital and EO member since 2007. .

TechCrunch+ roundup: 11 PLG tactics, addressing copycat stigma, ‘unicorn glut’ theory

TechCrunch

“We’ve seen that all before … what’s new-ish (at least since 2001) is the massive overhang of growth investments that will take startups years to grow into,” he wrote.

4 Startup Myths That Hold Innovation Back (and How to Overcome Them)

StartupNation

This growth, rapid brand recognition, and the quality of the products caught the eye of The Walt Disney Company, which acquired the business for an undisclosed amount the following year in 2001.

Reading what was written and the VC age question

This is going to be BIG.

I've been in venture capital (with the exception of a year in product management and two years as an entrepreneur) since 2001, when I started doing late stage venture and fund investing at a big financial institution. The first due diligence I ever did on a company was a late stage December 2001 investment in a company called Bridge Medical --helping medical professionals avoid double dosing and other medical errors with in room hardware and software.

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Debunking the Startup Failure Myth & How To Overcome 3 Common Obstacles to Success

Entrepreneurs' Organization

In a study conducted by Cambridge Associates, researchers found that the real failure rate hasn’t gone above 60% since 2001. For entrepreneurs, “failure” feels like a curse word. We wince and often retreat in fear of it.

The Power of Entrepreneurial Community

Entrepreneurs' Organization

Since joining EO in 2001, Bubu Andres has made a mark at all levels of the organization, both as a passionate member of EO Philippines and in various leadership positions.

Millennials May Not Be ‘the Entrepreneurs of Today’ Everyone Thinks They Are

Wesley Cherisien

Specifically, over 40 percent of Americans between 25 and 34 years old said on a 2014 survey that fear of failure prevented them from starting a business in 2014 — compared with only 24 percent in 2001.

Could you be the next Ford, Jobs or Musk?

Berkonomics

It is not hard to find strands of gold in the carnage left by failed businesses lost when a bubble bursts, such as in 1857, 1902, 1929, 2001 and 2008. Well, it’s a fair question. Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who find a new marketplace or niche – or how to reach the mass market in new ways.

Low-code focused OutSystems raises $150M at a $9.5B valuation

TechCrunch

OutSystems was founded in 2001, making it older than most companies that we cover on TechCrunch, and yet it remains privately held. This morning OutSystems , a low-code app development service, announced that it has closed $150 million in new capital.

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Goalsetter raises $15 million to go B2B with children’s financial literacy app

TechCrunch

The startup was founded by Tanya Van Court who had her own struggles with financial literacy after losing more than $1 million in stock during the bubble burst of 2001. Goalsetter , a financial education platform for kiddos, has announced the close of a $15 million Series A financing round.

From $800k to $274M in 4 Years - The Story of Ariba

Tomasz Tunguz

After the company successfully completed its IPO, the company would increase its annual sales and marketing budget by 6X year-over-year to $230M and $298M in 2000 and 2001, at precisely the wrong time. The company started to rapidly increase marketing expense in 2001, and the market fell out from underneath them, the sales efficiency dropped dramatically, and the company actually recorded a negative sales efficiency. Ariba went public in 1999 three years after having been founded.

Why We Need to Elect @EricGarcetti on Tues as Next Mayor of Los Angeles

Both Sides of the Table

Dedicated Public Servant : Garcetti has been a member of the LA City Council since 2001 and was a three-time president. On Tuesday Los Angeles will elect a new mayor. And while Eric Garcetti is leading in the polls by 7%, according to recent articles a victory is not certain. LA needs Garcetti. He would be the first tech mayor of our city. He understands our issues as a community and vows to help keep LA Tech on the map. From his opponent I have heard crickets in the past year.

A Blockbuster Retail Franchisee Reveals Why The Chain Was Built to Fail

StartupNation

But it also ignored opportunities to partner with the early pioneers of the DVD rental kiosk business, beginning with Greg Meyer, who installed the nation’s first machines in 2001, and later Redbox, which would come to dominate the business with over 40,000 kiosks across the U.S.

Hockey Stick Growth Explained

Feedough

Surging Growth: This period started in 2001. Over 96% of new businesses fail in the first 10 years. But in some cases, like Groupon, startups cross the $1 billion mark in just their initial years. Such growth isn’t new.

Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

Prior to GM, Du held several positions at Intel Corp as early as 1993, leading the Intel network processor business expansion in China in 2001; serving as Director of Intel China Research Center.

How to Out Amazon, Amazon

Both Sides of the Table

Perhaps the first big pioneer of this was Apple who started opening stores in 2001 , just when it appeared that the Internet was going to implode and when they went physical the industry trade magazines and press openly mocked them. There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers.

Embracing an Unexpected Entrepreneurial Venture

Entrepreneurs' Organization

I met my future business partner Jennifer Polovetsky in 2001 when we were adversaries. As a partner in a well-known New York City law firm that focused on eminent domain, each day was an unknown.

Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

TechCrunch

Contact has been in the business of consumer finance since 2001, while Wasla was founded in 2018 by former Serag Meneassy and Taymour Sabry , both ex-Rocket Internet entrepreneurs, and investment banker Mahmoud El Said. “It’s

How startups can shake up their first idea and still crush the market

TechCrunch

When Quibi announced it was shutting its doors recently after raising $1.75 billion , it begged an obvious question: If the original idea didn’t work, why not adjust its model or do something completely different while it still had capital?

Live Gay Chat Room – Gay Web Sites

GAN

With there being as much types of enjoy seeing as there are individuals – and that’s suitable for the variety of feelings and couples – due to the fact 2001, GayWebsites.net has been celebrating dating and partners in love anyone who they can be.

LARGE MULTI-NATIONAL CORPORATION PUTS A “NEW SPIN” ON A SMALL LOCAL MANUFACTURER

Ben Franklin Technology Partners

Recuperators were the only real competitive technology in 2001, but they were expensive and inefficient. ERIE, PA – More than 15 years ago, a Penn State Erie faculty member, Tom Briselden and his team at Spin-Works LLC, developed an innovative, silicon-carbide radiant tube insert called a SpyroCor. The twisted “Y” design produced non-turbulent, high convection flow creating a high rate of uniform heat transfer.