article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

article thumbnail

The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

The company loses customers, then revenues and profits decline and it eventually gets acquired or goes out of business. The Ambidextrous Organization, Charles O’Reilly / Michael Tushman : April 2004. Darwin and the Demon: Innovating Within Established Enterprises, Geoffrey Moore : July/August 2004. Creative Destruction. . -

Search 251
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Long-Term Value of Loyalty

Both Sides of the Table

I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). and we ultimately sold when we hit $14 million and had more than $30 million in backlog revenue. I learned about revenue recognition. No employees wanted to join startups – they were all looking for stable jobs.

article thumbnail

Customer Development in Japan: a History Lesson

Steve Blank

By then, I had become a venture capitalist at Mitsui Sumitomo Insurance and found myself talking to a lot of entrepreneurs who were proclaiming their great technology yet were struggling with little revenue, and claiming they were “crossing the chasm”. Maysee now enjoys hockey stick revenue growth.

Japan 305
article thumbnail

The Guy Who Took on Google (and now LinkedIn): Mike Yavonditte

Both Sides of the Table

Around 2003, Quigo was doing tens of millions of dollars in revenue with two main products: a ready-to-use, search engine marketing solution for advertisers called FeedPoint and a contextual advertising platform for publishers called AdSonar. They sold in December 2007, but he started selling Quigo in 2004.

Semantic 302
article thumbnail

Why Every Company Needs A DevOps Team Now

Feld Thoughts

Our findings went into a book that we published in 2004 called The Visible Ops Handbook , which described how these organizations made their “good to great” transformation. Act I begins with IT Operations, where we’re supporting a large, complex revenue generating application. Our revenue pipeline stopped for two hours.”

Phoenix 178
article thumbnail

From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

My company won the ROI of The Year award from The Banker magazine in 2004, something I was very proud of. Of course incumbents cannot be expected to jeopardize their revenue streams or investments in CRM platforms with new concepts that wipe out the need for their current solutions.