I started my career in 1997. Back then, the internet boom was just starting out and companies were launching into insane valuations over night. It seemed like everyone was putting together a new site and then going IPO for hundreds of millions of dollars. Of course, we all know how that ended. The bubble burst and websites like eToys, pets.com and others lost their insane valuations just as fast as they earned them. However, what few people remember about that age is that simple sites (and they were very simple back then) like eToys and pets.com needed millions of dollars to get off the ground.
——— A lot of people have been asking me what my upcoming book, The Hard Thing About Hard Things, will be like. Here’s a piece that I wrote for the book that did not make the cut. I still think it’s a pretty good story and gives you a flavor.
I just tell the truth so I’m cool in every hood spot
21 years and I ain’t ever met a good cop
—Drake, “I’m Goin In”
After we transitioned the business from Loudcloud to Opsware, we needed a head of finance. Therefore, when the CFO from one of the best-run enterprise software companies became available, I jumped at the chance to hire her.