Entrepreneur
I'm bursting with ideas!
Rackspace, Box.net, Dropbox, Dwolla, Smartypig, Iacquire, Backyard
Most frustrating - things can take longer than you like..
Most rewarding - taking an idea and turning it into a successful company that creates a great place to work
unercapitalized or overcapitalized.
1) start-ups require intensely hard work and dedication, anything less and you risk a lower probability of success
2) team, team, team
3) set the vision, become an authority, the team will support you
Mr. Brannan has extensive venture capital, start-up, and executive experience; he was involved in several early through later stage VC investments, founder and executive of two successful technology companies (IPO’s), and managed 34 M&A transactions. Most recently he was Founder and Senior Vice President of Corporate & Business Development at Website Pros where he wrote the original business plan, raised over $65M from leading venture firms and strategic investors, attracted the senior management team and board, helped grow the Company to 700+ employees, and achieved a successful IPO ($300M market cap). Previously, he founded Verio, Inc. where he wrote the original business plan, helped raise over $1B in equity & debt, attracted the senior management team and board, and helped grow the Company to over $325M in revenues and 2,500 employees. Verio became the largest global SMB hosting company, resulting in a successful IPO ($1.2B market cap). It sold shortly after to NTT for $6.1B cash (the largest U.S. technology acquisition by a foreign company). While at Verio, Mr. Brannan also wrote the original business plan and helped launch VIANet, an international version of Verio, which achieved an IPO ($3.5B market cap). Prior to his start-up and executive experience Mr. Brannan was an associate at two leading Venture Capital Firms, Norwest Venture Partners and Burr, Egan, Deleage & Company. As a VC he helped form companies and played an active role in evaluating and guiding investments in several private companies with over a dozen achieving successful IPO's.