“Ten years ago, Brett Hurt was an entrepreneur on the edge of failure.
Coremetrics Inc., the San Francisco Web analytics company he started in 1999, was an industry trailblazer during the dot-com boom.
But when the Internet bubble burst, so did Coremetrics’ business. Eighty of its 83 Web customers folded. Coremetrics laid off half its 150 employees. Investors completely wrote off their $60 million investment.
“We went from being on top of the world, with a product that every dot-client was craving, to watching it all fall apart,” Hurt said. “I didn’t realize how fast everything could change, and I was totally unprepared.” ”
Full Article: Bazaarvoice founder learned from near-failure at Coremetrics