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.

peer-to-peer 321

peer-to-peer startup advice entrepreneurs 321

Both Sides of the Table

SEPTEMBER 29, 2009

Bu when you start to worry that the world is ending (as it seemed it was in late 2008 / early 2009) you tend to get worried about large burn rates. 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).

VC 263

VC board investment investing 263

Both Sides of the Table

MAY 19, 2010

Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010. Founded in August 2008 in Palo Alto, CA, by Sam Christiansen and Keith Lee.

VC 240

VC peer-to-peer advice ventures 240

Both Sides of the Table

JANUARY 2, 2014

I can assure you that move wasn’t a walk in the park for the board. It follows on from the equally compelling “ Game Change ” by the same authers, which I read years ago after the 2008 election. Zynga not only had many hirings & firings but ultimately it led to Mark Pincus stepping aside as CE O. Foursquare?

startup 385

startup coworking advice leadership 385

Entrepreneurs' Organization

JANUARY 20, 2023

by Erick Slabaugh, a long-standing EO member in Seattle and former director on the EO Global Board “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” The Origins David Galbenski and I served on the EO Global Board together in 2007.

leadership 211

leadership board entrepreneurs education 211

Both Sides of the Table

SEPTEMBER 19, 2010

My own firm was involved with the sale of our portfolio company BillMeLater (an online credit company – think PayPal but for credit) to eBay for $1 billion in October 2008. didn’t buy the company but having them on board as serious potential buyer helped our ultimate sale. Ultimately Yahoo!

angel investing 280

angel investing investing investment VC 280

This is going to be BIG.

DECEMBER 26, 2011

2004 gave us widespread blogging and Meetups, and 2008 showed how the web could be a community organizing and fundraising tool. I think you're going to see a major shift towards getting youth across the board interested in math and science, on accessible learning on demand, and the positive encouragement of innovation. Reader beware.).

innovation 302

innovation technology peer-to-peer communities 302

Both Sides of the Table

JUNE 27, 2021

They sold 2 years later for $16 million In the financial crisis of 2008 we had a company that had jointly hired lawyers to consider a bankruptcy and also pursued (and achieved!) If you’re a seed fund that takes 5–10% ownership and doesn’t take board seats you might have 50, 100 or even 200 investments. It was ~30 days from bankruptcy.

sustainability 294

sustainability board construction strategy 294

Both Sides of the Table

JULY 7, 2015

Another founder … “When I pitched the idea to Adam, he was super on board,” Mr. Sloyan said. This is the problem that first-time entrepreneurs who have never been through a downturn (we haven’t had one since 2008) couldn’t have the muscle memory for and thus it seems “all good” right now.

startup 323

startup advice pitching VC 323

Entrepreneurs' Organization

FEBRUARY 14, 2024

Winnie Hart , former Global Board Director and EO Houston member, and her team at Twin Engine worked passionately to develop and launch the Living Liver Foundation brand. Contributed to EO by Dave Galbenski, an EO Detroit member who served as EO Global Chair in 2008-2009.

entrepreneurs 286

entrepreneurs networking education board 286

Both Sides of the Table

SEPTEMBER 2, 2009

On a panel that I sat on with Ron in LA in 2008 he stated that there were no circumstances in which the founder should take money off of the table. By then I was still on the board of my first company but it hadn’t yet sold (it ended up selling in 2007 to a publicly traded French company). I believe this is wrong.

founder 329

founder VC advice pitching 329

Entrepreneurs' Organization

APRIL 10, 2024

The stadiums will play the LLF’s 60-second public service announcement on living organ donation, and honorees’ names will also scroll on the video board between innings. Contributed to EO by Dave Galbenski, an EO Detroit member who served as EO Global Chair in 2008-2009.

entrepreneurs 290

entrepreneurs education sustainability pitching 290

Both Sides of the Table

APRIL 14, 2010

Many companies that are raising B or C venture capital rounds right now raised their initial money in 2005-2008. I looked up the funding details on Crunchbase and noticed that they closed a big round in March 2008 (e.g. If you want to raise venture capital more easily the advice could be quite practical and counter-intuitive.

venture capital 289

venture capital capital ventures advice 289

Dream It

APRIL 8, 2020

Having been at the forefront of the dot-com boom, 9/11, and the financial crisis of 2008, Jason knows what it takes to survive this downturn. If the investors don’t seem to be on board at the end of your pitch, ask them what milestones they would like to see you achieve to get them to write you a check in the future.

founder 195

founder economic environments sustainability pitching 195

Both Sides of the Table

MAY 15, 2010

Klarna is apparently the first European board for legendary Sequoia partner, Michael Moritz. 7mm in Series C; last round was in 2008; total $24mm raised – Investor: Bessemer (Byron Deeter)(lead); previous investor included Index Ventures, did not participate – Read more: TechCrunch , peHUB. Rumored to be appox.

VC 285

VC financing finance capital 285

Both Sides of the Table

MAY 25, 2013

“This essay is dedicated to the great VC’s on my board who I am lucky to work with: Sameer Gandhi from Accel, Jeremy Liew from Lightspeed, and Kirsten Green from Forerunner. 2008 App ecosystem on iOS = $0. After 6-7 years they therefore have 7-10 board seats, which is about all most VCs can effectively manage. hours / day.

VC 374

VC peer-to-peer entrepreneurs investing 374

TechCrunch

JULY 23, 2021

During the 2008 economic downturn, Almond’s family lost their home. As part of the investment, Jazmin Medina, principal at NewView Capital, will join Paystand’s board. The company raised $50 million Series C funding led by NewView Capital, with participation from SoftBank’s SB Opportunity Fund and King River Capital.

finance 144

finance financing networking capital 144

Entrepreneurs' Organization

JULY 12, 2017

The work Mali Rising accomplishes is EO Global Board member Fred Johnson’s passion. In 2008, I asked to join the board of directors, and have served on the board as chairman for four years and in other capacities ever since. Fred Johnson is an EO Global Board member, founder of Eagle Environmental, Inc. ,

education 130

education board creativity construction 130

Both Sides of the Table

FEBRUARY 14, 2016

Many experienced partners are funds have 7-10 boards and most of these will need more capital. That was written in September 2008. In September 2008 this was the bankruptcy of Lehman Brothers and the rippling effect was massive. This is how VCs feel. So when prices go down their first reaction is, “S**t.

startup 285

startup VC entrepreneurs investing 285

Both Sides of the Table

JULY 10, 2010

Board includes Nick Wheeler, CEO of Charles Tyrwhitt. Revenue of ~$160mm in 2008. -Features over 180 men’s and woman’s brands. Sells only current season collections. Attractive 800,000+ visitors/month. Has 85 employees in London and Nottingham. Current round: $9mm Series-A led by Balderton Capital. TechCrunch. TechCrunch.

VC 242

VC venture capital ventures capital 242

Gust

NOVEMBER 29, 2011

Nelson Gray , Europe’s 2008 Angel of the Year, suggests that crowd funding may lead to the “dead-end of an uninvestable proposition.”. VCs and angels routinely require a seat on the board of directors of new companies. It is not clear that angels and VCs will be willing to provide follow-on capital to crowd funded startups.

entrepreneurs 154

entrepreneurs angel investing venture capital investing 154

Entrepreneurs' Organization

JULY 27, 2016

When Annmarie Lanesey co-founded a software development business in Troy, NY in 2008, she saw business ownership as a means to successful living. By Annmarie Lanesey, EO Albany member and co-founder of Greane Tree Technology . Annmarie Lanesey is an EO Albany member and President of Greane Tree Technology.

development 100

development communities education collaboration 100

Tomasz Tunguz

NOVEMBER 17, 2022

I remember joining in 2008, a green product manager out of Google who had just landed his dream job. I’ll remain on my Redpoint boards & will support those management teams as before. Many of the greatest companies have been founded during difficult market conditions. This era will be no exception.

SaaS 85

SaaS venture capital board innovation 85

Both Sides of the Table

MARCH 6, 2011

He was raising money initially in the worst market in a decade (we met in 2008), he’s in his mid-40′s, is doing a mom’s site (he has no kids) and he has a JewFro. .&# Jody didn’t exactly have an easy time fund raising because he’s not one of the prototypical Silicon Valley funded entrepreneurs.

VC 292

VC peer-to-peer investment investing 292

TechCrunch

AUGUST 15, 2021

Sukhinder Singh Cassidy founded theBoardlist , a premium talent marketplace that helps diverse leaders get discovered for board and executive opportunities. A technology executive and entrepreneur, board member and investor, she has 25 years of experience founding and helping to scale companies, including Google, Amazon and Yodlee.

board 98

board pitching funders opportunity 98

Founders Coop

JANUARY 11, 2023

We started the firm in 2008, on the cusp of the Global Financial Crisis, and it’s somehow fitting to be entering our 15th year as the laws of financial gravity reassert themselves once again. Founders’ Co-op turns fifteen this year.

founder 154

founder peer-to-peer VC sustainability 154

Jason Malki

MARCH 24, 2023

She received her Bachelor of Arts in History and Women’s and Gender Studies from Pace University in New York City in 2008. She also currently sits on the Junior Advisory Board for the Leopold Schepp Scholarship Foundation Event Planning Committee. Prior to founding Dare to Run, Ms. In addition, Ms.

education 98

education board leadership media 98

TechCrunch

JULY 23, 2021

The Canada-based company got its start in 2008 as the payment processing company Zomaron, and rebranded itself as Paystone in 2019. The company has 150 employees currently, and another 50 are expected to come on board by the end of the year. In addition, Al-Ansari expects growth to accelerate for the rest of the year.

peer-to-peer 100

peer-to-peer mix-use board accelerator 100

TechCrunch

SEPTEMBER 29, 2021

As part of the investment, Matt McIlwain, managing director at Madrona Venture Group, is joining Read’s board of directors. McIlwain also worked with Shim when they were both at Farecast, which was bought by Microsoft in 2008. They stayed in contact, and McIlwain was also a seed investor in Placed.

board 98

board collaboration ventures financing 98

Tomasz Tunguz

MAY 10, 2022

Each Basel Accord was authored in response to a crisis Basel I - the crash of 1989; Basel II - the dotcom crash, and Basel III - the GFC of 2008. Tokens ape stock rights; DAOs mimic boards of directors. Token holders demand dividend/revenue share rights in addition to voting. Investors start to value tokens on fundamentals.

board 104

board construction enablement capital 104

Both Sides of the Table

JANUARY 31, 2010

I started my second company while retaining a board seat at my first company. Exercise hadn’t been enough of a priority in 2008-09. We hired a new executive management team that had to be stormed, normed and performed. Then we merged with a US competitor and I moved from London to Palo Alto. But now I’m nearly 42.

entrepreneurs 308

entrepreneurs advice real estate venture capital 308

TechCrunch

MAY 22, 2022

If you need a reminder, Venmo, Instagram, Uber and WhatsApp all launched during the Great Recession of 2008. Another is materially lowering cloud infrastructure spend — a pain point that will only increase for companies across the board as more data is stored in the cloud and corresponding queries and other analysis need to be run.”

startup 118

startup enablement board investment 118

TechCrunch

FEBRUARY 7, 2023

She will also take a seat on Deputy’s board of directors. She is also a board member of Lemonade and Kiva. Founded in 2008, Deputy has raised $104 million AUD (about $72 million USD) from investors like Square Peg and IVP, reaching soonicorn valuation. million shift workers. million USD) in annual recurring revenue.

board 87

board networking financing finance 87

TechCrunch

OCTOBER 19, 2022

Andy Stinnes , general partner at Cloud Apps Capital Partners , leads early-stage investments in cloud businesses and serves as active board member and adviser for portfolio companies. For well over a decade since the 2008/2009 Great Recession, the cloud market has known only one direction: up and to the right. Andy Stinnes.

SaaS 93

SaaS board capital opportunity 93

TechCrunch

JANUARY 5, 2022

Their popularity has surged over the last decade, with the asset class growing from just over $3 trillion in 2008 to more than $10 trillion in 2019, according to data provider Preqin. . ibnAle is set to join the company’s board of directors. Alternative investments are having a moment.

investing 90

investing investment real estate education 90

abovethecrowd.com

JULY 23, 2014

In 2008 Eric co-founded his own startup, RockMelt, and ran the company as CEO until its acquisition by Yahoo last year. It also allows us to recruit the best possible partner candidates, like Eric Vishria, early in their careers and allow them to dedicate many years to refining their craft as venture investors and board members.

board 74

board entrepreneurship energy advice 74

Both Sides of the Table

SEPTEMBER 5, 2012

A standard entrepreneur retort I heard back then (2008-09) was “I don’t know what my company is worth now. They often don’t have board seats attached to them. By doing a convertible note we can delay the discussion until we figure out how big this is going to be.”

startup 354

startup VC entrepreneurs financing 354