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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. In stead of growing revenue and holding down costs and building great company cultures the market chased valuation validation.

Valuation 466
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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a computing device. 16 years later it’s just another software company. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Here’s why.

Azure 120
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a computing device. 16 years later it’s just another software company. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Here’s why.

Azure 120
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Digital Advertising Is Broken: Three Alternatives For Businesses Looking To Monetize Their Website

YoungUpstarts

Websites, they claim, need advertising revenue to survive. More than being vehicles of marketing and revenue, this means that resource-hogging advertisement networks are often vehicles for malware. The Harvard Business Review does an excellent job of this. Max Emelianov started HostForWeb in 2001. The Subscription Model.

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The Long-Term Value of Loyalty

Both Sides of the Table

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. But in these years I learned how to sell software – necessity is the mother of all invention.

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How do we “unscare” people?

Austin Startup

After September 11th, 2001, people were afraid to fly. down 97%: Austin Business Journal Restaurant revenue is down 73%?—?despite despite the ability to offer takeout: Austin Restaurant Revenues Dropped by 73 Percent Austin’s unemployment rate went from 2.6% TSA had two functions. First, make us safer when we fly.

Austin 100