Both Sides of the Table
MAY 19, 2010
Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010. Competition: McAfee , Symantec. 60k unique visitors in March 2010.
Tech Zulu Event
MARCH 2, 2012
So in October 2010, I evaluated the competitive landscape and realized that there weren’t any app companies out there focused on what I thought mattered the most: the brand, the look, and the experience a client would have with an app. Cleaner, simpler, more custom and less Human Interface Guideline reliant.
Both Sides of the Table
MAY 23, 2012
Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. So of course returns from 2000-2010 were subpar on average for the industry. By 2010-2011 this had shrunk by half again, averaging under $15 billion. Today’s Normalization.
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