Try as it would to stand solid after its founders, the tempestuous Charles and Maurice Saatchi, flounced out at the start of 1995, Cordiant could not repair the cracks left by their slapdash corporate castle-building in the 1980s.It is an amicable split by the blood-drenched standards of the company's history.
"The investment thesis for the transaction is solid," George R. Roberts, a founder of Kohlberg, said on a call with analysts on Monday.
It wasn't glamorous, but it did give the founders a solid grounding on the messages that resonated with buyers — now they have more than $545 million a year in revenue.
He is considered one of the founders of solid Earth geophysics.
"We have decided not to pursue patents in Europe because the system makes it effectively impossible for us to defend them," says Fernando Guerrero, the Spanish co-founder of Solid Quality Mentors, a multinational technical consulting firm.
The founders are all solid, street-smart entrepreneurs.
What we do know is Forward has taken in money from quite a few solid venture firms like Khosla Ventures, Founders Fund, First Round Capital, SV Angel as well as angel investors John Doerr, Eric Schmidt, Marc Benioff, Garrett Camp, Aaron Levie and Joe Lonsdale so one would hope they did their due diligence on this new endeavor.
In 16 months, Mr. Andreessen's firm, Andreessen Horowitz, which he started with Ben Horowitz, also a founder of Opsware, has earned a solid reputation among entrepreneurs because it helps founders run their companies.
A former newspaper reporter and now a college president, he is the author of a solid biography of Harold Ross, the founder of The New Yorker, and he got to know and like Mitchell while researching it.
"Will it return the fund?" These can be discouraging words for a founder with a solid business, one that is solving a real problem and has a healthy 3.5x exit potential.
