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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. I figured if Matt was on the verge of bankruptcy and one mentor changed his trajectory, what if we had a formalized, community-wide program?

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

It was accept the terms or go into bankruptcy so we took the money. I told them that True Ventures had stuck to their brand name and submitted a totally clean term sheet. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. No gotchas.

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Startup Lessons: 4 Companies Facing Product Lawsuits

The Startup Magazine

The company had to file for bankruptcy later that year. As a result of these defective rifles, the company suffered severe financial losses and damages to its reputation, which left it to begin planning for bankruptcy in late 2017. Blitz USA originally produced metal gas containers primarily for military use under the company name U.S.

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Why You Should Background Check Your Business Partner

YoungUpstarts

In the past few years, big names, including Yahoo! Here are the issues that merit concern: Financial Issues: Bankruptcy, tax liens, poor credit, and other financial problems should raise a red flag, even if your potential partner will not be contributing financially to your business. Knowing What to Look For. Don’t panic.

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The Great Retail Reinvention: How the Internet Is Reshaping the Way We Buy Clothing

View from Seed

In 2017 alone, we’ve seen widespread store closures or bankruptcies from apparel retailers, including: True Religion. Ironically, some of the most successful apparel companies are winning on the dimensions that Amazon has historically crushed other competitors on — namely personalization and product discovery. Michael Kors.

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Are you or your business “time bankrupt?”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. You’d know the symptoms, if not the name. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. Time bankruptcy.

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Nuts & Bolts of Intellectual Property for New Startups

Gust

So you’ve chosen a name for your startup, product, or both. Even in purely online businesses, to scale from zero to millions of users: in the 1990s, an Internet company might have had to build a whole data center from scratch (as we did at Excite@Home, only to ultimately shut it down in bankruptcy ).