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And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. We wanted new things to exist and to solve new problems and to see our creations come to life.
Company grew by more than “400% each year” for past few years [assume growth metric = revenues]. Metrics: 2.5mm members, 1,000 brands, 2,500 sale events to-date. Launched in 2007 in Los Angeles by Adam Bernhard and Konstantin Glasmacher. Metrics: 50mm users (up from 40mm in Dec 2009), -Competition includes: Spotify , Last.fm.
Santa Monica-based Business.com , which provides online directories for B2B purchasing, announced today that the firm has launched a new tool to help advertisers access pay-per-click metrics on the site. Donnelley back in 2007. Business.com is now owned by R.H. Donnelley; the firm was purchased by R.H. READ MORE>>.
2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. I saw this kind of pricing when I first entered the VC market in 2007. Another firm we saw tried to raise $15 million at a $60 million pre-money with similar metrics. It was early 2000.
In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. What metrics are going to be the key startup metrics and how do we get those metrics without too much cost? I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
At GRP we sat out 2007 and much of 2008 for that reason and we’re now looking pretty smart for doing so. If you do a $1 million angel round at $6 million pre-money and hope to do a Series A round for $2-3 million that’s fine as long as you’re doing awesome against your metric goals and the market continues to be frothy.
It actually closed on New Year's Day, 2007. Our traffic metrics have been growing, and we're now up to over 2 million monthly uniques, and 7 million monthly page views. Clark Benson: I'm a serial entrepreneur, and have had one prior Internet exit. I sold that company, eCRUSH, which operated espin.com, to Hearst at the end of 2006.
We had agreed to sell the company to Salesforce.com and between the offer in December 2006 and the closing March 27th, 2007 I focused exclusively on the sale to Salesforce.com. The time zones, the travel, 2 kids, pressure, managing the sales process, speaking at conferences Somehow I had yo-yo’d back to where I was previously.
By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund. And people like Jeff (and his peers) smooth the introduction to and transition process to A-round investors.
If you rate the market on a one to ten scale, with one being 2002 and ten being 2007, we''re probably at around five or six. For the more questionable ones, ones with less sustainable differentiation, this time it''s a little tougher than a couple of years ago, and certainly much more so than 2006 and 2007.
We provide traffic analytics, cross-tabulated across demographics, A/B testing to see how an audience is using certain pages, and engagement metrics. In October of 2007, at some of the first big Facebook events, we saw hundreds of developers working out of their dorm rooms. Do you see more serious companies now?
The industry did that in 2007. ” Companies that are raising greatly in excess of their economic worth in today’s financial metrics had better absolutely grow into their valuations over time or hope they’re acquired before the music stops and the band goes home. 10 is the new 3. And yes, I mean $10 million.
We started in Boulder, Colorado, all the way back in 2007, with just ten companies. Sometimes entrepreneurs ask if we need certain metrics and traction�you don't. We select ten per class, and help those startups connect with mentors and other people in that local environment who can be helpful to the business.
We provide traffic analytics, cross-tabulated across demographics, A/B testing to see how an audience is using certain pages, and engagement metrics. In October of 2007, at some of the first big Facebook events, we saw hundreds of developers working out of their dorm rooms. Do you see more serious companies now?
Donnelly in 2007. Amos Schwartzfarb: To the degree that it's possible, always use quantifiable metrics. We ended up merging those two companies together and I took over client services for Business.com, around the time Benchmark invested in us, and we ended up selling that company to R.H.
First, let me recommend reading a previous blog, called omg I’m just a startup, I can’t do those fancy metrics. Once you create a small list of these queries, then you can start to formalize the ideas into specific metrics that you track daily. Aggregate metrics. Still metrics about traffic are not leads.
skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds.
skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. Good stuff. Posted byTony Karrer at 6:58 AM 1 comments: Jon Miller said.
skip to main | skip to sidebar SoCal CTO Friday, February 23, 2007 Events and Networking in Los Angeles One of the issues I discussed in Innovation and Geography was that the geography and traffic in Los Angeles generally makes it more difficult for networking. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? that talked about a recent NY Times article When It Comes to Innovation, Geography Is Destiny. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Los Angeles Social Media Starters What is Visible Networking?
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Time Rich, Time Poor and Apple Jeremy Liew at Lightspeed Venture Partners has an interesting post: Time Rich or Time Poor? In it he separates web consumers into: Time Rich (more time than money) and Time Poor (more money than time).
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 A Different Kind of Incubator - The Hive I recently met with The Hive a new incubator in Orange County. This company was started by Victoria Duff (who many of us know from back in the late 90s), Phillis Lane (who I have known for quite a few years) and Jon Bukosky.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Where LinkedIn Works for Me Ive been a long time user of LinkedIn , but only recently have started getting the benefits I always expected. Im sure that many of you have read Guys article Ten Ways to Use LinkedIn. Los Angeles Social Media Starters What is Visible Networking?
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Challenge of Predicting Winners I just read a bit on the payout to YouTube from the Google Acquisition ( Internet News , CNN ). Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.
skip to main | skip to sidebar SoCal CTO Tuesday, February 27, 2007 Stanford Podcasts - eHarmony - Greg Waldorf I was just pointed to a set of great podcasts done by Stanford B-School and particularly, I just listed to the podcast by eHarmonys Greg Waldorf. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. “They’re probably a little ahead of their time,&# she said.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Finding Good Developers in Los Angeles? Im part of a CTO group that meets once a month to discuss various topics. About 18 months ago, the entire group began to mention that they were having more difficulty finding good developers.
skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Interesting Model for University President Saw a post by Paul Kedrosky pointing us to Graeme Thickins on How Stanford Does It. Its interesting to think about how universities might want to have their staff better aligned with moving ideas from the lab to start-ups.
skip to main | skip to sidebar SoCal CTO Wednesday, February 28, 2007 Google Maps Mobile I recently downloaded Google Maps Mobile for my Treo. Its works great. And there was a big surprise. It includes traffic! This is something that Ive wanted on my wifes GPS for a while. If you havent checked it out, its pretty amazing.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. talking about Prodeges Search with Kevin Site - [link]. I actually think this is a pretty innovative model. Los Angeles Social Media Starters What is Visible Networking?
skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. Some very interesting graphics including this heat map: Very cool visualization tool! Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.
Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Los Angeles Social Media Starters What is Visible Networking?
In a world where it’s easier to judge the immediate value of a business, I know that metrics like “time on site&# matter. Get people to your website and never let them leave. That’s what AOL was. A “walled garden.&#. That’s why Facebook is totally rocking it right now. And they will continue to do so.
skip to main | skip to sidebar SoCal CTO Friday, March 16, 2007 F2F Still Matters Kathy Sierra has a great post today: Face-to-Face Trumps Twitter, Blogs, Podcasts, Video. and she provides this picture: It shows that while we slowly approach real-time, realistic virtual conversations, it still isnt quite the same thing as being there.
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