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An Unlikely Unicorn: Lynda.com’s Journey From Garage To $1.3B Sale

InfoChachkie

The outcome was especially impressive, as the company was entirely self-funded for its first 17-years. In 1995, Lynda wrote one of the first books on web design, Designing Web Graphics. Certain things like sales was a good example. We then explored how Bruce initially dealt with the company’s sale.

Sales 113
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Interview with Lynda Weinman and Bruce Heavin, Lynda.com

socalTECH

Not too many people are aware of the success and story of Lynda.com (www.lynda.com), started by Lynda Weinman and Bruce Heavin , and how the firm's now grown to a double-digit, multimillion dollar business which is known as THE source for online training on such things as web design, graphics software, animation, video editing, and much more.

Startup 242
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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

This is of particular concern with eCommerce businesses that can jump out of the gates at great speed racing to $100,000 or even $500,000 in monthly sales, but struggle to continue the growth beyond those milestones. Consequently, Jeff is a big believer in B to B opportunities or SaaS platforms, like Jeff’s own Leads 360.

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Interview with Alex Benzer, SocialEngine

socalTECH

in sales last year, what he learned from his experience at TechStars, and where he's going with Fanmix. million in sales last year, with great margins, and it's profitable, with a team of ten people. That's funding our new product, FanMix, which is a a social media tool. We have a licensing business with that.

Startup 242
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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

This is of particular concern with eCommerce businesses that can jump out of the gates at great speed racing to $100,000 or even $500,000 in monthly sales, but struggle to continue the growth beyond those milestones. Consequently, Jeff is a big believer in B to B opportunities or SaaS platforms, like Jeff’s own Leads 360.

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Interview with Ilya Pozin, Cofounder of Pluto TV

socalTECH

I started a web design company, and ended up going to college in Florida, but kept on running the company on the side. When I got to LA after I graduated from college in 2005, I pursued it full time, and we quickly grew that company to over $5M in revenues a year, without any kind of funding.

Startup 124
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How to Work with Lawyers at a Startup

Both Sides of the Table

So eventually you have your company funded but only 2 of the 5 people who started the company are still around. Your contractor wrote a great V1 of the product and it helped you get angel funding. Consider it a sales & marketing expense for them. As I said previously they’ll tap you into the funding source.

Startup 318