Unemployable: 5 Realizations from my entrepreneurial journey

Entrepreneurs' Organization

My unemployable moment arrived in 2004. Contributed by Lauren Messiah, former president of EO Los Angeles, and the founder and CEO of Lauren Messiah Inc.

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.

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Because the Domain Makes it Really Real

This is going to be BIG.

I tried to write a book for college kids in 2002-2003, couldn''t get it published, so I started blogging in February of 2004. I met Brad and Fred in the Summer of 2004, agreeing to join them later that year--my first job at a fund. 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.

The Stock Dive: How I Learned to Stop Worrying and Love the Market

This is going to be BIG.

Even after the worst period for VC in history—VC funds were back to market in 2004, no more than four years after the crash, right in line with the historical pace to get back at the game of investing.

#6. How To Build A Brand Experience Worth Millions w/ Pete Sena

Entrepreneur's Handbook

He founded Digital Surgeons in 2004 with only $5000 and it’s now an 8-figure organization with over 50 employees. Image courtesy of Pete Sena Inspirational stories plus practical takeaways from the entrepreneurship world. Listen on Apple Podcasts , Spotify , or YouTube.

New USV Website

Continuations

It is the second complete overhaul of the site since USV launched with a blog in 2004 (modulo some smaller experiments with tagging in between). Today we have launched a new website for USV. The new site is up to modern standards in terms of speed and rendering on mobile. More importantly though it does a better job laying out the evolution of the USV investment thesis over time.

The Hit Rate

A VC: Musings of a VC in NYC

In our 2004 fund it was five companies, but that is why that fund was so good. This simple and short blog post by the folks at Correlation Ventures contains the key to venture capital returns – the hit rate. In the Correlation post, they define “hit rate” as: the percent of invested dollars generating a 10X or greater return. But “hit rate” could be something else. It could be the number of investments in your portfolio that return the fund.

You Can’t Fire Your Investor

A VC: Musings of a VC in NYC

I saw this tweet coming out of the Upfront Summit yesterday (where I will be today): Josh Kopelman of First Round Capital: we can look at every company we’ve ever funded, and learned that the time from first email/contact to term sheet has shrunk from 90 days in 2004 to just 9 today.

HealthTech News Roundup

Dream It

The study looked at 316,244 women whose health insurance switched from a low-deductible plan to a high-deductible plan between 2004 and 2014. What We’re Reading Developments in The Healthcare Industry IBM announced it would stop selling its AI-powered Watson drug discovery products due to disappointing sales. The company will continue to work with existing customers like Pfizer, Novartis, Illumina, and Teva Pharmaceutical.

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6 Steps to Choosing a Business

StartupNation

So she founded The Homework Solution in 2004 in Waterford Township, Michigan, and she and her staff tutor kids in subjects from English to computer skills. There are always three crucial up-front decisions for anyone who starts a small business. The first is whether to take the plunge at all.

Playing the Long Game in Venture Capital

Both Sides of the Table

This “overnight success” was first financed in 2004. Silicon Valley and the media industry that surrounds it values youth. The culture is driven by the 20-something irreverent founder with huge technical chops who in a “David vs. Goliath” mythology take on the titans of industry and wins.

Feature Friday: Megan Burton, EO Atlanta

Entrepreneurs' Organization

Megan is a pioneer in the IT security industry and founded CoinX, a fintech company that specializes in domestic and international payment processing and transfer services (money transmission), in 2004.

Don’t get hung up on early stage valuation.

Berkonomics

The first is of a 2004 startup that I cofounded and led the investment group for several early rounds, then VC rounds. Here’s the “what.”.

Entrepreneurial Spirit Drives a Mission to Connect People With Popongo

StartupNation

I later moved to Denver, Colorado, and have worked in the world of banking and real estate as a partner and co-CEO of a company called Legacy Management Group since 2004.

Pulled Ant Group IPO costs Alibaba nearly $60B in market cap

TechCrunch

Ant has its roots in Alipay, an online payment service founded in 2004. News today that Ant Group’s IPO is suddenly on hold in both Shanghai and Hong Kong caused a sell-off of Alibaba shares.

From Employee to Owner: How I Bought My Business

StartupNation

In 2004, I left the firm to join Intuit as their in-house GM. Every entrepreneur’s story is unique. Many individuals start off with a good idea. This idea allows them to create an offering or product that helps solve a problem facing customers.

Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

IMVU has raised more than $77 million from five rounds since it was co-founded by “The Lean Startup” author Eric Ries back in 2004. The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice.

Grantee Perception Report: What We Heard and How We Plan to do Better

Surdna Foundation

This is our fourth such survey since 2004. By Don Chen and Jon Goldberg. Have you ever had food stuck in your teeth and only found out when you looked in the mirror hours later? If you’re like us, you probably thought, “Why didn’t anyone tell me?”

Singapore-based sales productivity platform Nektar raises $2.15 million seed round

TechCrunch

Individual investors also contributed to the funding, including Five9 executive vice president Anand Chandrasekaran; Airtel chief executive of enterprise business Ganesh Lakshminarayanan; Vinod Muthukrishnan, the chief growth officer of Cisco’s Contact Center Business Unit; Venkat Tadanki, who sold his former startup Daksh to IBM in 2004; and Capillary Technologies co-founder and CEO Aneesh Reddy. Nektar co-founders Abhijeet Vijayvergiya and Aravind Ravi Sulekha.

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The Myth of the Young Startup Founder

Ian Hathaway

In February 2004, Mark Zuckerberg famously launched Facebook from his Harvard dorm room at the age of 19. By that summer, Zuckerberg moved himself and the company to Silicon Valley and never looked back.

How We Put Culture First to Find the Ideal Business Partner

Entrepreneurs' Organization

I have been an EO member since 2004. By Orrin Klopper, EO member and CEO of Netsurit.

Mali Rising Foundation Works to Empower Youth Through Education

Entrepreneurs' Organization

The Mali Rising Foundation was formed in 2004 to provide accessible, quality education for children, focusing on middle school education. It’s a shocking statistic: In Africa, where nearly 50% of the population is under age 15, seven out of 10 rural children have never set foot in a school?nor

History Doesn’t Repeat Itself, But It Does Rhyme

A VC: Musings of a VC in NYC

Facebook launched in Feb 2004, four years after the start of the internet crash. So goes the famous Mark Twain quote. I thought of this in reading a few blockchain sector reports this morning.

Selling More Online: A Conversation All About E-commerce

Smart Hustle Magazine

His eBay business took off and he voluntarily left his job in 2004 and never looked back. John Lawson and Jackson Cunningham spoke at the Survive and Thrive Summit and talked all about starting e-commerce.

Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I started reading a great blog called Business Pundit in 2004. Today, Backupify announced that it is getting purchased by Datto. It''s a solid exit to a company that has lots of revs, is growing, and together will form a very formidable player in the data backup space--one that can definitely be a public company in the next couple of years.

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The Tory Burch Foundation Fellowship Program is Accepting Applications

Smart Hustle Magazine

The Tory Burch company launched in 2004 with a concept and turned that into a collection. More and more women are starting their own companies. Whether it's from the urge to be their own boss, follow a passion, or create a schedule that's more family-friendly, the reasons are endless.

The Importance of Local Media to Boost Startups in Rising Cities

Revolution

As reported by Slate from a study from researchers at the University of North Carolina, “We have lost about 20 percent of local newspapers in the United States since 2004, and at least 900 communities now are without any local news source in that same time frame.”

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Why I’m Leaving My Six-Figure Salary To Become An Entrepreneur

StartupNation

I bought right before the housing market boomed and drove a 2004 pickup truck.) Like many people, I thought that I would be more fulfilled when I had achieved my career goals. But for me, it didn’t quite work out that way.

The Coming Zombie Startup Apocalypse

This is going to be BIG.

Would you be surprised to know that almost half of the dot com companies founded when the boom started in 1996 were still around in 2004--four years after the peak of the NASDAQ? Are we in a bubble? And if so, when will it burst? Everyone likes to debate it, and statistically, almost no one gets it right. Not only is it notoriously difficult to time the market, but even if you did, you''d miss out on individual winners.

Hint Founder Kara Goldin Says When it Comes to Entrepreneurship, Just Get Started

StartupNation

That spring of 2004, I was looking after our three kids—Emma, five; Kaitlin, three; and Keenan, two. One day in September 2004, I realized that I had learned enough and had confidence enough to make my vision a reality.

Coaches: How To Sell Happiness to Your Customers (Delivering on Your Promise)

Startup Grind

A master of her craft, she knew the value of personalized party accessories, so Mintz launched her own party supply company in 2004. People hire coaches to help them achieve their dreams. On the surface, many of those dreams look like mere money or a solid relationship, but underneath lies the drive to pursue happiness. Effective marketing messages appeal to that desire for happiness.

Kevin Rose on his product philosophy, Reddit & Digg’s inverse journeys & Twitter’s recent product innovations | E1185

Jason Calacanis

Jason saw Digg early in 2004 and was impressed with how quickly it became a top source of traffic for his company Weblogs, Inc Jason got a verbal OK from Weblogs investor Mark Cuban to try to buy Digg for $1M. Top Insights. Products must begin with only 2-3 key features.

Are You In Over Your Head in Overhead?

Entrepreneurs' Organization

I graduated in 2004 with US$55,000 in school debt. If material items are costing you happiness, it’s time to redefine what success means.

Half Baked: Knowing When Not to Grow as a Business

Entrepreneurs' Organization

In 2004, Oprah named our Key Lime Bundt Cake to her “Favorite Things” list. There’s a reason the term “growing pains” is one that entrepreneurs know well. Business growth isn’t easy, change is uncomfortable, and the future is hard to predict. .

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

Wesley Cherisien

Between 2004 and 2014, the number of students taking a loan to start a business increased to 89 percent.

WJR Business Beat: The Threat of Cybersecurity Breaches Can Devastate (Episode 425)

StartupNation

Since 2004, U.S. On today’s Business Beat, Jeff talks about cybersecurity threats and their impact on U.S. small businesses. Tune in below to hear the scary numbers: . Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat.

Why the NYC startup scene needs Sean Parker

This is going to be BIG.

He spotted Facebook in 2004 and Spotify in 2009. I have never met Sean Parker. I don't know if the movie portrayal of him is accurate and I don't particularly care. What I do care about is that a person who is long on vision and has a knack for being around big companies early on is now living in New York City. Parker made a huge dent in the web as co-founder of Napster, then built Plaxo up to 20 million users.