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. Tags: Startup Advice. Photo courtesy of Pat Page via Flickr.

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culture construction startup advice 333

Both Sides of the Table

JUNE 22, 2011

To anybody who asks my advice I repeat the same line, “I don’t know whether this party will last 6 weeks, 6 months or 18 months. 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. source: Capital IQ.

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real estate entrepreneurs financing finance 309

Both Sides of the Table

DECEMBER 11, 2022

2001–2007: THE BUILDING YEARS The dot com bubble had burst. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting. How’s that advice holding up? Until we weren’t. Nobody cared about our valuations any more. Hey, we got to raise again next year.

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VC culture sustainability capital 466

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). If you are thinking about angel investors please read this piece I did on Angel Funding Advice. Most importantly we talked about my good friends at Okta who were financed by Andreesen Horowitz. they take time!!

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venture capital capital ventures angel investing 282

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.

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Gust

SEPTEMBER 17, 2014

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. It’s like we need a finance 101 course for entrepreneurs.

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VC finance financing entrepreneurs 153

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.

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startup advice venture capital VC 319

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. Related books: Relevant advice and tips: What did you like and not like about this episode? economy than there were for profit businesses. His Website: howonearth.us and postgrowth.org.

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advice sustainability capital financing 58

Both Sides of the Table

JANUARY 16, 2012

There is all sorts of advice on the Internet about how to raise capital. I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I’ve tried to make this advice as well-rounded and biased free as I can. So they go out of their way to offer advice and introductions.

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strategy development VC advice 366

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. We will hopefully close on a $2-3 million financing round at some point in January and I can get back to the full time work of running my business. Tags: Pitching VCs Raising Venture Capital Start-up Advice VC Industry startup technology vc venture capital.

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VC venture capital pitching capital 274

TechCrunch

JANUARY 29, 2021

Also, we’re adding a new feature to Extra Crunch Live — our guests will offer advice and feedback on pitch decks submitted by Extra Crunch members in the audience! Enterprise SaaS company Latch makes keyless entry systems; Sunlight Financial helps consumers finance residential solar power installations. Image Credits: Acquia.

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VC founder media education 107

Both Sides of the Table

MAY 7, 2011

Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice. 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. But I loved reading them and so did my team.

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peer-to-peer communities development innovation 285

TechCrunch

APRIL 6, 2022

But most of all, he will go out of his way to help newcomers (as well as veterans) of the Austin tech scene whenever they need help or advice or counsel,” Forrest said. “We In 2001, for six months, Whurley left Austin to follow a girl to Las Vegas and to break into casinos as a hired hacker. Image source: Errich Petersen.

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transportation entrepreneurship capital entrepreneurs 93