Austin Startup

DECEMBER 17, 2017

I will always remember his pre-speech pep talk: “Dyer, your entire net worth rides on not screwing this up.” We just closed out in 2017 our 10-year early-stage venture fund started in 2000. John Imlay of MSA occasionally took me on road shows with analysts to talk about his new acquisition Peachtree Software. I got the message.

Silicon Valley 48

Silicon Valley Atlanta Software Review Early Stage 48

Genuine VC

NOVEMBER 5, 2012

We rode the bubble wave to a successful outcome in 2000 , and after moving away for a few years which included a stint at business school , I returned back to Boston in 2004, and it felt like the web entrepreneurial community had almost entirely scattered after the crash. Today the landscape is very different from 2004.

Boston 206

Boston Internet Entrepreneur .Net 206

Pascal's View

SEPTEMBER 7, 2009

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. economy created a net 22 million jobs, or 2.2 But from 2000 to the end of 2007, the rate plunged to 900,000 a year. In the 1990s the U.S. million a year. The pipeline is dry because the U.S. business model is broken.

IPO 38

IPO Venture Capital America Marketing 38

The Equity Kicker

MARCH 21, 2017

However, that’s a cyclical dysfunction which hit notable peaks in 2000 and 2015 and which needs to be understood as an unfortunate part of a larger system which overall has been an incredibly positive force for good.

San Francisco 90

San Francisco Cap Table Angel Investor Valuation 90

Growthink Blog

DECEMBER 5, 2011

For a sense of the extent of how bad this problem is, a partner I know at a prominent venture capital firm estimates that of the 30+ companies that his firm has invested in since 2000, only two of them have consistently met or exceeded their financial projections.

Forecast 79

Forecast Intellectual Property Venture Capital .Net 79

Reid Hoffman

MARCH 19, 2019

O’Reilly unwittingly illustrates this point by telling the story of Sunil Paul, a friend and a successful serial entrepreneur who filed a patent on the core elements of GPS-enabled ride-hailing in 2000. Yet despite literally patenting ride-hailing in 2000, his own venture, Sidecar, lost out to the more aggressive scaling of Uber and Lyft.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

This is going to be BIG.

JUNE 8, 2011

These people are bad for you, bad for your network, and take steps to avoid them is a net positive. I'd say just about everyone in my LinkedIn network , all 2000 of them, are people who I've at least had the equivilant of a 1:1 lunch with. You've met those people. They take more than they give. 2) Get to know fewer people, better.

Networking 114

Networking Social Media Acquisition Curation 114

Ben's Blog

MARCH 24, 2011

Let’s look at public market comparables and venture capital flows to see if we can find a match. In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. Venture capital flows. If too much venture capital hits the streets, valuations will bubble up.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

Both Sides of the Table

SEPTEMBER 2, 2009

The net effect for [my company] for example is we are now doing reasonably well. Coupled with my participating preferred from 1999 and 2000 I had more than $55 million of liquidation preferences. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. Tweet This Post Facebook.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Pascal's View

NOVEMBER 14, 2009

Compounding the IPO drought is the fact that the entire NASDAQ market has shrunk—since December 2000 the NASDAQ has contracted by 38% to approximately 1,786 companies. which happen to all be venture?backed Rational economic actors do not continue to risk capital in a loser’s game. Most importantly, the absence of U.S.

Delaware 37

Delaware IPO Venture Capital Private Equity 37

VC Cafe

MARCH 8, 2010

Only three Israeli venture capital funds completed their fund raising efforts in 2009: Sequoia Capital Israel , announced final closing of Sequoia IV, a $200 million vintage 2009 fund. In 2010, the capital available for investment in first round and follow on rounds now stands on $1.2 as its main investor).

IRR 75

IRR Venture Capital Institutional Investors 75

Steve Blank

JUNE 22, 2011

Is this tech bubble as broad as the 1995-2000 dot.com bubble – no. Your net worth and mine exists because there are financial records that tell us how many “dollars” (or Euros, Yen, etc.) Instead, today the McDonalds in plazas labeled “Revolutionary Square” has been the victory parade for democracy and capitalism. exist as bits.

Internet 295

Internet Silicon Valley United States .Net 295

online.wsj.com

JULY 11, 2012

Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. In the early days of venture capital, when money was scarce, entrepreneurs often gave up control of their company in exchange for their first investment funds. LUBLIN And SPENCER E.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

abovethecrowd.com

OCTOBER 1, 2013

Over 13 years ago, in March of 2000, I wrote a blog post titled “ The Most Powerful Internet Metric of All. ” No other metric so holistically captures as many critical aspects of a web site – user design, usability, performance, convenience, ad effectiveness, net promoter score, customer satisfaction – all in a single measurement.

Metrics 93

Metrics Conversion Internet Acquisition 93

Agile VC

NOVEMBER 13, 2012

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. There was a healthy amount of capital ($20-30B annually) invested in VC funds during the 2003-2008 timeframe. In the mid 2000′s VC’s were largely prospering. So at a fund level (e.g.

LP 154

LP Portfolio Venture Capital IRR 154

David Teten

NOVEMBER 15, 2013

At my firm, ff Venture Capital, we’re trying our part to rethink how the industry works, and also actively looking for opportunities to invest in companies creatively disrupting this sector, e.g., our portfolio companies Addepar and Indiegogo. I don’t think that a Net Present Value calculation is appropriate for every company.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

The Equity Kicker

JANUARY 19, 2016

7/ Net/Net: VC is a hard f **g business but simplification in press makes it seem glamorous & easy – almost swashbuckling. Fortunately Steve Schlenker, co-founder of DN Capital has captured most of them in his Quora answer to the question: How hard is it to be a venture capitalist. NotGlamorous.

Europe 60

Europe IPO LP Venture Capital 60

This is going to be BIG.

AUGUST 20, 2010

I never would have paid for music back in 1999 or 2000 when I was sporting my 64mb Creative Nomad, powered completely ilegally by Napster. The full experience is largely broken, but you're starting to get a sense of what a complete, end to end, net-native content stack should look like—one that works and is sustainable as a business.

Product 121

Product Clickthrough RSS Venture Capital 121

VC Cafe

OCTOBER 20, 2010

Our Out-of-band technology has been endorsed by the industry as the solution of choice for fixed and mobile service providers, and our caching system, OverCacheTM is delivering tens of Gbps of Net Cache Out. For more information visit [link].

Caching 80

Caching Venture Capital Private Equity 80

VC Cafe

JANUARY 10, 2011

Founded in 2000 by the late Aharon Dovrat, Shlomo Dovrat, Harel Beit-On and Avi Zeevi, Viola represents a new breed of Israeli investor. It forms part of the Viola Group , a cluster of diverse investment funds with a strong technology orientation, managing close to $2 billion.

Private Equity 87

Private Equity Equity PHP 87

Up and Running

DECEMBER 9, 2014

Bates: Josh, it reminds me of when I was doing web sites back in the day in 2000 and 1998 and instead of going and being able to buy a shopping cart you had to code the shopping cart from scratch. If you’re looking for five million dollars, you should be thinking institutional capital. Bates: You know Josh—.

Small Business 95

Small Business Finance Forecast Metrics 95

Both Sides of the Table

SEPTEMBER 17, 2017

Trust Between 1998–2000 the world became enamored with the “new economy” and Internet companies that were going public on NASDAQ in the United States. So however populist the idea of cutting out people from the process may be, I strongly doubt it will replace the role of the existing venture capital ecosystem.

Government 280

Government Distribution Stock United States 280