Entrepreneurs' Organization

APRIL 20, 2022

I’ve heard EO members say, “Well, my business tanked in 2001, and I figured it out, so I can figure it out again,” or “I’ve been bankrupt four times. Carrie Santos, CEO of Entrepreneurs’ Organization. Entrepreneurs are completely undaunted by a negative turn of events. I’m not afraid.”.

entrepreneurs 194

entrepreneurs networking frameworks transportation 194

Entrepreneurs' Organization

JULY 26, 2018

Now that your goals are set and the organization is on board, it’s important to track progress and make it easy for employees to understand how, specifically, they can improve customer experience. Hold them accountable for the goals. Consider using incentives to increase motivation. Track and operationalize customer experience.

board 130

board innovation technology culture 130

Both Sides of the Table

JANUARY 31, 2010

Then I got engaged to be married in late 2001 and had the motivation to get really serious. I started my second company while retaining a board seat at my first company. It became a social activity. 8-miler in Munich with the CEO of a company we were trying to buy. 10k in Cologne with the CEO of my largest customer.

entrepreneurs 308

entrepreneurs advice real estate venture capital 308

TechCrunch

DECEMBER 1, 2021

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. She sat up board straight and realized she’d ‘seen this movie before.’ Goalsetter raises $3.9 million to teach financial literacy to kids.

education 98

education B2B marketing finance financing 98

TechCrunch

JUNE 7, 2022

“Across the board, the variance in metrics is stark,” says Townshend. “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. The TechCrunch+ team is growing! Tomorrow at 8 a.m. PDT/11 a.m.

SaaS 87

SaaS sustainability venture capital ventures 87

TechCrunch

NOVEMBER 21, 2022

In 2001, companies saw a 2x to 6x spike in valuation with some underlying growth and profitability assumptions for the next two to three years. Some startup founders believe that they will not be able to attract and retain the talent if a funding event suddenly makes the employees’ existing stocks less valuable. “In

startup 92

startup startup ecosystem startup founder board 92

Smart Hustle Magazine

NOVEMBER 20, 2019

There are also penalties that businesses can face if other legal documents aren’t filled out properly when a hire comes on board. Certain questions shouldn’t be asked, and can put a business into hot water if a candidate reported it. . Jaime also brought up something called “accidental discrimination”, which she describes as, “.we

culture 81

culture entrepreneurship entrepreneurs development 81

TechCrunch

MAY 17, 2022

” Strohband also served as PM at Volkswagen, led Stanford racing’s autonomous car, Stanley, co-founded Metamind, and sits on the board of various companies. He holds a B.A. from Purdue University and a Ph.D. from Stanford University. John Du — GM Ventures. John received his Ph.D.

pitching 76

pitching energy startup consulting 76

abovethecrowd.com

JANUARY 24, 2014

It was 1996 when Federal Reserve Board Chairman Alan Greenspan first uttered the now historic phrase “ irrational exuberance.” Those that managed companies in 2008 or thirteen years ago in 2001 know exactly how fear feels. There is another reason it is dangerous to predict the arrival of a bubble. And this is not it.

venture capital 74

venture capital capital ventures board 74

Berkonomics

APRIL 1, 2021

My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. 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. My story of a great pivot.

board 62

board entrepreneurs investing investment 62

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?

founder 97

founder entrepreneurs board capital 97

Angel Capital Association

JUNE 27, 2024

Exit and IPO activity have dropped precipitously, and funding has declined across the board. Their DNA was wrapped up in a VC mindset that starting valuations were less important given the lofty later stage valuations and frothiness at that end of the market (hence over 1000 “unicorns” today vs only 8 in 2008 and 1 in 2001).

funders 52

funders peer-to-peer mix-use angel capital 52

Both Sides of the Table

MARCH 11, 2010

It’s like adding rocket fuel to space ship before you’re sure that it’s pointing in the right direction for take off (or even if all of the people on board are qualified to take this into outer space). you may hit unexpected bumps in the road yourself making the next round tough.

startup 319

startup advice venture capital VC 319

Tomasz Tunguz

SEPTEMBER 9, 2012

First, board directors are encouraging companies to remain unprofitable longer to pursue bigger outcomes. The fraction of small IPOs with negative EBITDA has doubled to nearly 90% in about 30 years. Small IPOs. . Large IPOs. . Number. % < 0. Number. % < 0. Once public, profits don’t improve. Public investors punished them for it.

finance 40

finance financing strategy venture capital 40

Both Sides of the Table

SEPTEMBER 10, 2021

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.” Pre-seed is just a narrower segment where you might raise $1–3 million on a SAFE note and not give out any board seats.

ventures 471

ventures VC venture capital funders 471

TechCrunch

APRIL 3, 2023

We also made sure to check their LinkedIns twice: once in early 2021, when there were practically no tech layoffs, and again in early 2023, in the wake of the worst round of tech layoffs since 2001. Why did we check twice? We found that being OpenToWork is far more common now. had the badge in 2021 compared to 4.2%

board 91

board founder startup 91

Feedough

JANUARY 8, 2021

California Milk Processor Board: “Got Milk?” Some examples of slogans that didn’t work well are: Sunglass Shack – “Sitting On Faces Since 2001” (2001). The Mosaic Company: “We Help the World Grow the Food It Needs” Pitney Bowes: “We Power Transactions That Drive Commerce” Nike: “Just Do It.” Apple: “Think Different.”

mix-use 98

mix-use board strategy technology 98

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.

ventures 545

ventures investing investment VC 545

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. Until we weren’t. Nobody cared about our valuations any more. Hey, we got to raise again next year. Let’s deploy faster!

VC 466

VC culture sustainability capital 466

Both Sides of the Table

SEPTEMBER 2, 2009

In my first company I had to raise money in April 2001 or die. By then I was still on the board of my first company but it hadn’t yet sold (it ended up selling in 2007 to a publicly traded French company). And importantly you start thinking about your next gig. That’s when the VC has lost. Many term sheets ensued.

founder 329

founder VC advice pitching 329

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. In order to get a VC to agree to fund you, you need to get the entire partnership on board. I’ve raised in boom markets and when everybody thought the Internet was a fraud. I’ve raised seed rounds and A-D rounds.

strategy 366

strategy development VC advice 366

Entrepreneurs' Organization

JULY 15, 2019

One factor was the realization that, since I was the only female Global Board member at that time, not seeking the position would mean there would be no female Global Chair again for at least four years. I really wanted the board to unite toward moving EO forward. Set your goals as a board at the beginning of the year.

board 42

board leadership culture communities 42