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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. We had nascent revenues, ridiculous cost structures and unrealistic valuations. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. I am having fun again.

Valuation 466
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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

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Strategy Roundtable For Entrepreneurs: New Assessment Tool For Entrepreneurs

ReadWriteStart

He currently has a 1999 strategy. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. I advised Anupam to come up with a 2011 strategy.

Spain 115
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Marketing and Growth Lessons for Uncertain Times

ConversionXL

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. Even less does it mean high transaction volume or revenue.

Marketing 121
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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

This was the year that the promise of technology to truly change the world and empower individuals (the reason I entered the tech world in 1994) reached global scale. As of year-end, Foursquare had over 15 million users, with an exponential growth rate globally.

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Gust Blog - Thoughts on startups by investors that fund them

Gust

I bought the Rocket eBook Reader in 1999. But in the real world, when you get to business numbers, sales are not accounts receivable and revenue isn’t income and people who read financial projections need to know that an apple is an apple, and not an orange. . I have the purchase history to prove it.

Startup 180
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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

For many years preceding 1999, the 1982 vintage was known as the industry’s worst vintage year. The remainder failed as a result of the phenomenon of investing in the best deals in their region which typically were not competitive on a national or global scale. JMB Realty: Real Estate Management company. This isn’t correct either.