Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Nobody understands this better than First Round Capital.

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VC startup real estate finance 311

Both Sides of the Table

NOVEMBER 29, 2010

We went “nuclear&# and slimmed down to 33 people (yes, I know, still large by today’s standards but this was 2001), raised $10 million and we built a real company. I learned everything I know about startups in these lean years: 2001-2004. Even better if he/she can double as a VP Operations & HR.

culture 333

culture construction startup advice 333

Both Sides of the Table

JUNE 22, 2011

Or worse yet they may never get financed. Raise at “ the top end of normal &# but not so high that future financings in a corrected market become impossible. An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe.

real estate 309

real estate entrepreneurs financing finance 309

Entrepreneurs' Organization

MARCH 20, 2020

Within a few days of 11 September 2001, I purchased plane tickets for optional personal travel. We are also negotiating payment terms with creditors such as landlords, freezing raises, eliminating all but the most essential expenses and exploring a range of other steps. New York City lost so much of its important economic driver, tourism.

consulting 189

consulting strategy education health 189

Both Sides of the Table

DECEMBER 18, 2009

This was soon after the bursting of the dot com bubble – in early 2001. We got their commitment and our existing investors bridged us until the new financing round could close. The agreement was that both sets of investors would fund the combined entity, we would reduce overlapped costs and become a healthier company.

entrepreneurs 298

entrepreneurs advice VC SaaS 298

TechCrunch

FEBRUARY 15, 2022

Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla , setting the stage for the rollout of new online shopping capabilities, products and regional expansion. And the final step is integrating financing or buy-now-pay-later solutions directly within that.

finance 89

finance financing consulting networking 89

Innovation 2 Enterprise

NOVEMBER 21, 2024

million in 2001. Spiers New Technologies , a pioneer in the electric vehicle value chain, was acquired by Cox Automotive Mobility for an undisclosed amount. Novazyme Pharmaceuticals Inc. was acquired by Genzyme Corp for $137.5 Alkami , Oklahoma’s first unicorn, was valued at $3.1 billion at its IPO in April 2021.The

ventures 40

ventures investing investment entrepreneurial ecosystem 40

TechCrunch

JULY 11, 2022

Gen Z is getting a dose of some economic medicine that has older generations recalling 2008 and 2001, and Uprise is here for it. She learned a lot about finances from her mother, who was an immigrant to the U.S., and taught herself about finances, passing that knowledge down to her daughter. Image Credits: Uprise.

finance 98

finance financing education pitching 98

Tomasz Tunguz

JUNE 19, 2022

Just as important, though, Amazon managed their finances well. Throughout those 15 years, Amazon constructed a monolith heavier and more valuable than almost every other business in the world, despite the vacillations on Wall Street. Amazon stood fast to their principles throughout. Net Income, $m. Cash & ST Equivalents, $m.

construction 129

construction accelerator financing finance 129

Dream It

APRIL 12, 2020

Martino outlined essentially two types of outcomes for this financial crisis from a historical perspective: “In 2001-2003, there was a depression in Silicon Valley. Liquidation preferences may change in later financing rounds, but probably too significantly. Will founders start seeing liquidation preferences or redemption rights?

ventures 334

ventures startup capital board 334

Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). Most importantly we talked about my good friends at Okta who were financed by Andreesen Horowitz. I explain in the video what happened in my first company (e.g. I eventually needed more money. Check ‘em out!

venture capital 282

venture capital capital ventures angel investing 282

TechCrunch

DECEMBER 1, 2021

Goalsetter , a financial education platform for kiddos, has announced the close of a $15 million Series A financing round. 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.

education 98

education B2B marketing finance financing 98

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. When venture capitalists scale back investing activities it can be very swift and leave many companies that are in the process of fund raising hung out to dry.

VC 263

VC board investing investment 263

Both Sides of the Table

MAY 7, 2011

There’s a big business in Finance working with Excel, but that’s an outlier. Lesson: Joel had been building a community of readers since 2001. Even though it has been wildly successful, the number of businesses built on Excel never exploded the way that building applications for Windows did.

peer-to-peer 285

peer-to-peer communities development innovation 285

TechCrunch

JANUARY 25, 2021

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. Brown, Ryan Bathe, CC Sabathia and Amber Sabathia.

education 108

education health accelerator investing 108

Feedough

SEPTEMBER 30, 2020

Usually, entrepreneurs use bootstrapping to finance their expenses. Surging Growth: This period started in 2001. This is the phase where entrepreneurs quit their day job and commit themselves fully to the development of business. Blade years usually last for 3 to 4 years, and the revenue generated is meagre. Did we miss something?

disruption 111

disruption sustainability entrepreneurs energy 111

Entrepreneurs' Organization

JULY 26, 2018

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. He joined EO in 2015.

board 130

board innovation technology culture 130

Berkonomics

APRIL 20, 2017

It is the focus for state and federal governments worldwide, many finding ways to reward innovators with tax incentives or investors with tax credits to finance innovative new enterprises. 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.

innovation 102

innovation financing finance opportunity 102

StartupNation

DECEMBER 6, 2020

industry, financing, patenting, location) and outcomes (i.e. 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. businesses that were started during a recent eight-year period (2007 to 2014).

innovation 97

innovation startup creativity startup founder 97

TechCrunch

JUNE 7, 2022

“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 biggest issue in venture today isn’t interest rates, revenue multiples or any of that,” posted SaaS investor Jason Lemkin on Twitter yesterday.

SaaS 87

SaaS sustainability venture capital ventures 87

TechCrunch

JANUARY 4, 2023

Natalia Holgado Sanchez is head of capital markets at Secfi , an equity planning, stock option financing and wealth management platform for startup executives and employees. When the market started to collapse, prices were dragged down even further by accounting scandals, such as Enron in 2001 , Arthur Andersen in 2002 and WorldCom in 2002.

financing 88

financing finance enablement media 88

TechCrunch

APRIL 11, 2022

Whether we will see as dramatic a correction in the next few years as we did in 2001 to 2003, however, is anyone’s guess.”. “If Lerner said this point in time feels like the period between March and December 2000, “when public technology stock prices dropped dramatically and there was little apparent impact on venture capital fundraising.

venture capital 97

venture capital investing investment ventures 97

Entrepreneur's Handbook

JUNE 13, 2023

originally coined the term in 2001, and it was then adopted by author Steve Blank. Blank set out a customer development method for small companies that they could use without the huge finances at their disposal that the giants have. However, what Reis did was bring it to people’s attention. Frank Robinson , CEO of SyncDev Inc.,

development 114

development data collection entrepreneurs financing 114

TechCrunch

APRIL 6, 2022

In 2001, for six months, Whurley left Austin to follow a girl to Las Vegas and to break into casinos as a hired hacker. It is targeting applications in the aerospace, energy, finance and pharmaceuticals industries. Even Intel halted construction of its new office building at Fifth and San Antonio St. Image source: Errich Petersen.

transportation 93

transportation entrepreneurship capital entrepreneurs 93

TechCrunch

MAY 17, 2022

Earlier, she led Finance at a major solar manufacturer. 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. Victoria holds an MBA and M.S. in Environment and Resources from Stanford University.

pitching 76

pitching energy startup consulting 76

Berkonomics

JUNE 1, 2023

It is the focus for state and federal governments worldwide, many finding ways to reward innovators with tax incentives or investors with tax credits to finance innovative new enterprises. 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.

innovation 62

innovation opportunity financing finance 62

Angel Capital Association

JUNE 27, 2024

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). Those micro VC funds need to be invested or they will have to return the capital, hence valuations are bid up.

funders 52

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

Both Sides of the Table

MARCH 11, 2010

But there are also problems / risks: - the funding environment might change dramatically – there may never be a next round (see: March 2000, September 11, 2001 and September 2008). - Let’s assume that the $2 million buys 25% of your company, which is the norm in an equity financing. .&# If it works you’re a hero.

startup 319

startup advice venture capital VC 319

Tomasz Tunguz

NOVEMBER 13, 2016

In 2001, Salesforce spent $35.6M Other businesses may have very high OERs because they have amassed a large enough balance sheet to finance larger operations. What percentage of revenue should be spent on payroll? on payroll and generated $5.4M in revenue. NetSuite spent $38M on payroll generated $17M in 2004. in payroll at scale.

SaaS 40

SaaS startup financing finance 40

Tomasz Tunguz

SEPTEMBER 9, 2012

Instead, venture capital growth funds are financing these companies at these stages. Perhaps these investors are encouraging companies to continue to finance growth with negative profits, a trend that continues through the public offering but ultimately, isn’t the best decision for shareholders. Small IPOs. . Large IPOs. .

finance 40

finance financing strategy venture capital 40

StartupNation

DECEMBER 6, 2020

industry, financing, patenting, location) and outcomes (i.e. 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. businesses that were started during a recent eight-year period (2007 to 2014).

innovation 45

innovation startup creativity startup founder 45

The Entrepreneurs Library

JUNE 30, 2015

So we uncovered some interesting data that between 2001 and 2011 there were more non-profit organizations added to the U.S. economy than there were for profit businesses. Not only that, but the salaries at these organizations went up faster than the for profit business salaries went up.

advice 58

advice sustainability capital finance 58

abovethecrowd.com

FEBRUARY 27, 2019

Founded by Michael Bruno in Paris in 2001, 1stdibs (*) is the world’s largest online marketplace for luxury one-of-a-kind antiques, high-end modern furniture, vintage fashion, jewelry, and fine art. Launched in 2005, Etsy is a leading marketplaces for the exchange of vintage and handmade items. annual GMV.

opportunity 88

opportunity enablement networking education 88

Tomasz Tunguz

JUNE 14, 2022

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. In addition to his experience navigating financial markets, Lee oversaw the finance function at one of the most successful usage-based billing companies.

SaaS 110

SaaS finance financing media 110

Both Sides of the Table

SEPTEMBER 10, 2021

And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing. What Has Changed in Financing? even before the pandemic itself has been fully tamed. We have global opportunities from these trends but of course also big challenges.

ventures 471

ventures VC venture capital funders 471

Entrepreneurs' Organization

JUNE 7, 2016

When I graduated with a degree in information systems in 2001, the Dot-Com bust was still lingering and the IT job market was rough, so I figured I would just continue doing what I was passionate about. I worked from my dorm room, providing IT services to small companies.

entrepreneurs 130

entrepreneurs technology founder finance 130

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Truthfully.

venture capital 417

venture capital capital ventures finance 417