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New Rules for the New Internet Bubble

Steve Blank

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. 1970 – 1995: The Golden Age. Software companies had to buy specialized computers and license expensive software. Carpe Diem.

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

Steve Blank

The world of building profitable startups as the primary goal of Venture Capital would end in 1995. The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. They taught you about customers, markets and profits. billion.)

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The Imperceptible, But Very Real Boom

Agile VC

I believe we’re going to look back in 2-5 years and realize that we’ve been in a once a decade boom for internet & software startups. Software revenue trails hardware slightly and ad revenue always takes a couple years to shift, but even here the results are astounding. It doesn’t feel much like a boom actually.

IPO 147
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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. It includes venture funded startups in all industries, from software to biotech. If you’re starting a software company, your exit is most likely a sale to a larger company. Source: NVCA.).

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Why Uber is The Revenge of the Founders

Steve Blank

But in the 20th century, dominated by hardware and software, technology swings inside an existing market happened slowly — taking years, not months. In 1995 Netscape changed the rules about going public. It’s hard to think of a hardware/software or life science technology that dominates its space for years.

Founder 245
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Bubble Trouble? I Don’t Think So

Ben's Blog

As we do so, keep in mind that the relevant bubble statistic is not valuation. High valuations are fine if the underlying value is there. In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. If too much venture capital hits the streets, valuations will bubble up.

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Twitter Link Roundup #159 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Why You Should Want to Pay for Software, Instagram Edition | The Atlantic - [link]. This is a very useful valuation tool from AngelList (browse startup valuations) - [link]. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. B t Metrics – [link].