article thumbnail

This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Some summary notes are below. If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Online advertising platform for local businesses; ReachLocal reported over $203 million in revenue for 2009, compared to around $146 million in 2008. Net income was around $1.4

article thumbnail

8 Startup Lessons You Could Learn from Gotham Gal

Both Sides of the Table

Below is a nice summary of our interview with some great quotes from Joanne. She went to work running sales for Jason Calacanis at Silicon Alley Reporter (mid 90′s). “There are so many places you can go on the Net where you can find your community. In 18 months from $1.5m to $12m in sales.

Startup 311
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

If you want to understand my thesis behind Maker you can read this article that outlines the trend , but in summary: People watch 5.3 My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). hours of TV / day. They read less than 30 minutes. Full stop.

Media 320
article thumbnail

What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. In summary: I’m not advocating that companies are crazy to try and be product companies. That is $12 million in profits over 3 years. In fact, that’s all that I fund as a VC.

Services 332
article thumbnail

American Immigration: The Invisible Wall to Innovation

Tech Zulu Event

Even investors and experienced founders are caught in the same net as recently educated graduates looking to build companies. soil,” as reported on by Wired Magazine’s Caleb Garling. Take the U.S. category E visa for investors as a prime example of the recent troubles. Wired goes on to tell us “this is more than just an idea.

article thumbnail

How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world. It’s worth having a quick read of the first few paragraphs of their annual report. CincyTech today has $28.5

Startup 390
article thumbnail

Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

The conclusion of our report was that winter did come, but it was mild and short. We are now publishing some of the VC survey data the report used and the results are clear — it’s a great time to be a startup raising venture capital.