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Mattermark – An Example of How We Decide to Invest

Feld Thoughts

When I first started investing as an angel investor in 1994, I was focused on a very simple set of criteria. I know how hard the problem is, how wide open the opportunity is, how far it will scale in multiple directions (not just the data set, but the use case, target market, and ultimate product family.) And that was it.

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Debating the Tech Bubble with Steve Blank: Part I

Ben's Blog

So it looks like the market leaders are trading closer to recession multiples than bubble multiples. This has to do with adoption rates; this period seems about right for the oldest cohorts (less likely to adopt new technologies) to die off and for younger cohorts (quickest to use new technologies) to enter the market. What is next?

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Lottery Avoidance: Require Real Capital

Andrew Payne

When we started Open Market in 1994, a basic Unix server and SQL database cost $100-200k. Continuing my ad-hoc series on avoiding the entrepreneurial lottery , another way of avoiding lottery odds is to require real capital for your project (and to get it funded).

SQL 40
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Uber’s New BHAG: UberPool

abovethecrowd.com

In their seminal 1994 book Built to Last: Successful Habits of Visionary Companies , Jim Collins and Jerry Poras coined the term BHAG (pronounced BEE-hag) — an acronym that stands for “ B ig H airy A udacious G oal.” This allows the company to “forward invest” capital to help these markets achieve lower consumer prices even faster.