2001 board founder 
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. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%.
Entrepreneurs' Organization
JULY 6, 2020
Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Sometimes, you don’t feel comfortable describing your fears and frustrations to your cofounders or investors on your board, but a peer group allows you to do this in a safe way. This only makes the stress build up inside you.
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Dream It
APRIL 12, 2020
During our recent Dreamit Kickoff week, Bullpen Capital Founder and General Partner Paul Martino ( @ahpah ) spoke with our Spring 2020 cohort about the state of the VC ecosystem in the current economic crisis. The founder negotiated with the fund and ultimately accepted a 15% lower price.
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. As a personal story, I sat on the board of one company with a very unhealthy burn rate relative to revenue or expected growth. disclosure: I am thankfully no longer on this board). I only had one board with this problem.
Both Sides of the Table
OCTOBER 22, 2009
This was a reasonable achievement when you consider that it was 2001-02, one of the worst years to be selling enterprise software and we were selling it SaaS style, which was still evangelical back then. I worked with the board who encouraged me to bring in heavy weights. In our second year of sales we did $5.9 Don’t go there.
TechCrunch
MARCH 21, 2023
Importantly, the founders’ time could also be focused on more productive endeavors, greatly improving their mental and emotional well-being. Still, we’re not sure many founders would give up on their companies right now for a long list of reasons. After all, the money could be invested in something more impactful.
TechCrunch
JUNE 7, 2022
Imagine a world where founders boasted about how much growth they’ve driven, as opposed to their fundraising prowess. “Across the board, the variance in metrics is stark,” says Townshend. The ability to raise capital is less impressive than finding sustainable ways to build a base of paying customers. PDT/11 a.m.
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