Remove 1995 Remove Acquisition Remove Internet Remove Revenue
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New Rules for the New Internet Bubble

Steve Blank

We’re now in the second Internet bubble. The Golden Age (1970 – 1995): Build a growing business with a consistently profitable track record (after at least 5 quarters,) and go public when it’s time. 1970 – 1995: The Golden Age. The world of building profitable startups ended in 1995. Carpe Diem.

Internet 334
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Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. The world of building profitable startups as the primary goal of Venture Capital would end in 1995.

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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. First, my students are confused about who to talk to and how to think about funding their consumer internet startups.

Lean 258
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JOBS Act to Change Startup Funding Landscape

ReadWriteStart

The real truth is, since the "Internet bubble" burst in 2001, initial public offerings have not resumed the vitality levels of the late 1980s, let alone the boom years of the '90s. It refers to this specific, new group of young, low-revenue companies for whom some of the SOX reporting regulations will no longer apply.

IPO 121
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Why Uber is The Revenge of the Founders

Steve Blank

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue.

Founder 245
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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

Last night I had the great privilege to interview Bill Gross , one of the Internet’s true pioneers. I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. If it worked in the Yellow Pages, why not on the Internet?

Product 350
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Can Microsoft reinvent itself?

BeyondVC

Microsoft released its third quarter numbers the other day and while revenue growth was strong, the stock got hammered and dropped over 10%. Microsoft plans on investing for the long term and putting another $2b into the Internet and other new technologies like the XBox. That only means good news for VCs and entrepreneurs.