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Peter Friedman

๐Ÿ‘ค Speaker
268 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

The company was worth $650 million.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

on December 31st, 1999 at 1 p.m.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

West Coast time, $29.50 a share.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Why do I remember that?

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

And then, of course, everything crashed a few months later.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

But, you know, it's not just about the money.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Look, our goal is to make money for everybody.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

And we've done it for our clients and some of our shareholders.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Having a blast revolutionizing elements of the world with our vision of transformative power of online dialogue and relationships.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

We've created extraordinary value.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

for many people.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Um, and we've saved lives and social media.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Okay.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

So, um,

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

We look at it, we look at the value we think we could create.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

We look at the value for customers, employees, and shareholders.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

It's not just shareholders.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

Shareholders are very important.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

After all, I'm one of the two largest ones here.

SaaS Interviews with CEOs, Startups, Founders
905 Went Public, $650m Market Cap, Crashed, Now $10m ARR But Only $1.8m Market Cap, Why?

And I put more into it than anybody, okay?