article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). And it changed the culture. It was nobody’s fault. It’s just a market.

VC 466
article thumbnail

What Everyone Should Take Away from Twitter’s 8% Staff Reductions

Both Sides of the Table

And I actually think we could learn a lot from public investors even if we don’t always feel culturally aligned. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005. Some companies have to go first. Others will follow.

VC 392
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Survivors

Both Sides of the Table

I saw this in 2001-2003 and in 2008-2010. And it’s what I believe sets apart the tech startup culture more than any other sector out there. I haven’t seen it much lately so I’m imagining a whole generation doesn’t quite have the muscle memory and will need to develop it during the next down turn.

article thumbnail

Unlocking Prosperity and Progress: Latinos at the Helm of Nearshoring’s Potential

Entrepreneurs' Organization

Language and cultural affinity: Language barriers are often reduced when nearshoring to Latin America, as many countries have a significant populations of English speakers. Additionally, cultural similarities can facilitate smoother business interactions and customer service. On a personal note, I’ve been there.

article thumbnail

6 Steps To Become a More People-Centered Company

Entrepreneurs' Organization

From a single Michigan location in 1995 to becoming the fastest-growing coffee chain in America by 2008, the co-founding duo was encountering great success. So, Nathan conducted a culture assessment at the company’s corporate office and discovered that employees felt undervalued and underpaid. Check out what they’re up to.

culture 188
article thumbnail

The One Question That Saved My Business

Entrepreneurs' Organization

I heard this in an Entrepreneurs’ Organization Portland chapter monthly learning event with keynote speaker Mark Moses of Make Big Happen in 2008 at the beginning of the Great Recession. We enjoyed the opportunity to get creative with the brand, build a 70-person team and foster a solid company culture around it.

article thumbnail

An Invitation to Explore and Adopt “Capitalism With Care”

Entrepreneurs' Organization

During the Great Recession of 2008-10, Kent guided dozens of CEOs and their companies successfully through the crisis and positioned them to capitalize on the economic expansion that followed. Higher Purpose, Stakeholder Orientation, Conscious Leadership and Conscious Culture?financially