Both Sides of the Table

SEPTEMBER 27, 2010

What micro VCs need to consider is what happens when several of your companies want to grow and require VC financing? Or when the economy turns downward and they all need financing extensions? You have to be careful about “getting ahead of yourself&# or you make the next financing more difficult.

disruption 308

disruption VC entrepreneurs finance 308

Both Sides of the Table

DECEMBER 13, 2010

Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy. Don’t be psyched out by your competitors big financing round, latest product release or business development deal.

consulting 302

consulting leadership entrepreneurs advice 302

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.

VC 311

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 finance financing 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. Until we weren’t. Nobody cared about our valuations any more. We had nascent revenues, ridiculous cost structures and unrealistic valuations.

VC 466

VC culture sustainability capital 466

Both Sides of the Table

FEBRUARY 8, 2010

They made great introductions, they helped you get financed, the put in more money themselves, they helped you strategically and they helped you with your exit. My chips were down in late 2000 / early 2001. For some reason most entrepreneurs do. Don’t let that be you. It’s an effen love fest.&#. My story briefly.

VC 288

VC advice entrepreneurs venture capital 288

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.

financing 89

financing finance 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

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

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 128

construction accelerator financing finance 128

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.

VC 153

VC financing finance entrepreneurs 153

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 financing finance 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 investment investing 263

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 investment 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

Entrepreneurs' Organization

FEBRUARY 2, 2018

In a study conducted by Cambridge Associates, researchers found that the real failure rate hasn’t gone above 60% since 2001. The problem, she says, is that the data actually proves otherwise. According to Griffith, the 90% failure myth serves to soothe the bruised egos of those startup founders who failed.

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startup disruption entrepreneurs culture 130

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.

finance 88

finance financing 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 investment investing 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

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 finance financing 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

Tomasz Tunguz

AUGUST 14, 2014

And as DeCambre points out, so far through 2014, the ten largest startup financings have yielded about twice as much capital as the ten largest IPOs. The chart above compares the total number of MegaRounds, those VC investments of $50M or more, from 2001 through 2013. The chart above shows the 36 year trend in the number of tech IPOs.

financing 40

financing finance VC capital 40

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. .

financing 40

financing finance 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

OurCrowd

FEBRUARY 21, 2021

No, we are not going back to the future As we ride the 2021 market roller coaster through wreckage and recovery, accompanied by a raging bull market in tech stocks, some people are wondering whether we might be re-living the dreadful dot-com boom and bust of 2000-2001. Is 2021 the new 2000? Are we heading for another bottomless crash?

media 41

media technology investment investing 41