This is going to be BIG.
MAY 5, 2023
To put that timeframe in perspective, here’s a picture of analyst me taken at USV’s first office in 2005, dressed in khakis and a button-down shirt versus a picture of me, a GP at my own firm, over 100 deals later, now on my latest Zoom board call from my couch at home with my junior analyst of about a year and a half.
Entrepreneurs' Organization
JULY 6, 2020
Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Here is advice I collected for dealing with the stress of running a startup: 1. Brad Feld, a partner at Foundry Group and investor in many successful startups, gave me this piece of advice. Remember that you are not alone.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
DECEMBER 11, 2022
2001–2007: THE BUILDING YEARS The dot com bubble had burst. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits. How’s that advice holding up? Until we weren’t. Nobody cared about our valuations any more. Let’s deploy faster!
This is going to be BIG.
APRIL 3, 2012
I think Fred was trying to offer some friendly advice to young investors that you're going to "take lumps" and that it's worth learning from those who are more experienced. An experienced entrepreneur who has raised money multiple times can be a great board member as well. Try to think about why the person said what they said.
TechCrunch
MARCH 21, 2023
” Rajaram, who sits on the boards of Pinterest and Coinbase, added on Twitter that an early shut-down can be a “graceful way out” for stressed-out founders, so we asked him whether it’s also practical considering the current market. Whether and when a company shuts down used to be a board decision, wasn’t it?
Both Sides of the Table
JULY 22, 2010
Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. After valuation in the video we went through Liquidation Preferences, Board Seats, Protective Provision, Voting Rights, Drag Along Rights, Redemption, Anti-Dilution and a few other key terms.
Both Sides of the Table
SEPTEMBER 29, 2009
Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. They should heed the age old advice that raising slightly more money while you can is always better than trying to optimize future valuations. disclosure: I am thankfully no longer on this board).
Expert insights. Personalized for you.
545 
Let's personalize your content