Steve Blank

APRIL 10, 2019

As Venture Capital emerged as an industry in the mid 1970’s, investors in venture-funded startups began to give stock options to all their employees. In the 20 th century, the best companies IPO’d in 6-8 years from startup (and in the Dot-Com bubble of 1996-1999 that could be as short as 2-3 years.) Lessons Learned.

Stock Options 334

Stock Options Stock Vesting Common Stock 334

Steve Blank

MARCH 26, 2014

This leads to two key points: Point 1: You have to fight – and win- on two fronts (both outside and inside), in order to succeed in corporate venturing. One memorable example of this was Xerox’s internal venture capital fund, Xerox Technology Ventures (XTV). As Steve would say, this is a big idea.

Startup 328

Startup Lean Business Model Russia 328

Feld Thoughts

FEBRUARY 1, 2015

So – I decided to go down a website memory lane trip for Intensity Ventures (my personal investment company), SOFTBANK Technology Ventures (my first VC firm), and Flatiron Partners (Fred Wilson and Jerry Colonna’s first VC firm, which was an affiliate of SOFTBANK). You’ll note a few extra partners here.

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Venture Capital Colorado Affiliate Internet 70

Pascal's View

SEPTEMBER 7, 2009

These valid observations may be drawn from primary research sources such as the work published by the National Academies, whose most recent report, Assessing the Impact of Changes in the Information Technology R&D Ecosystem: Retaining Leadership in an Increasingly Global Environment , was released several months ago. ” FULL STOP.

IPO 38

IPO Venture Capital America Marketing 38

abovethecrowd.com

JANUARY 24, 2014

Over the past few months, many journalists have begun to ask the question that no one really wants to hear; “Is Silicon Valley in another technology bubble?” It was 1996 when Federal Reserve Board Chairman Alan Greenspan first uttered the now historic phrase “ irrational exuberance.” Internet Uncategorized Venture Capital Investing'

Silicon Valley 74

Silicon Valley Venture Capital Internet Employee 74

K9 Ventures

SEPTEMBER 24, 2009

In December 1996, while I was still a student in the Master of Software Engineering program at Carnegie Mellon, I got bit hard by the entrepreneurial bug. in December 1996, while on a student visa. Technology leadership and innovation knows no bounds. I always knew that I would someday start my own company.

United States 114

United States Founder India Venture Capital 114

David Teten

JANUARY 10, 2012

Christopher Fralic is a Managing Partner at First Round Capital’s New York office, and has focused on a number of the firm’s investments in Advertising Technology, Social Media, Ecommerce, Gaming, Mobile and more. Michael Yavonditte is CEO of Hashable, a New York startup backed by ff Venture Capital and a number of other leading VCs.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

Startup Lessons Learned

OCTOBER 4, 2008

He previously co-founded and served as Chief Technology Officer of IMVU. He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. While an undergraduate at Yale Unviersity, he co-founded Catalyst Recruiting.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

SEPTEMBER 10, 2009

Palm in a New Market What makes this example really interesting is this: rewind the story 4 years earlier to 1996. In 1996 no potential customer had even heard of a Personal Digital Assistant. In 1996 Palm was selling a product that allowed users to do something they couldn’t do before.

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Customer Development Developer Customer Silicon Valley 203

This is going to be BIG.

MARCH 30, 2015

Would you be surprised to know that almost half of the dot com companies founded when the boom started in 1996 were still around in 2004--four years after the peak of the NASDAQ? Because most internet business concepts were not capable of productively employing tens of millions of dollars of venture capital does not mean they were bad ideas."

Hockey Stick 60

Hockey Stick Valuation Startup Maryland 60

Startup Professionals Musings

DECEMBER 26, 2013

Twitter was one of the most notable, with a market capitalization now up to $38 billion all by itself. According to David Rose , CEO of Gust, venture capital investors funded about 1500 startups last year, with Angel investors backing over 50,000 more. Most now routinely buy startups for new technology and new products.

IPO 273

IPO Entrepreneur Social Media Startup 273

Growthink Blog

MAY 14, 2012

For perspective, before 2001 over 40% of all venture capital exits were via initial public offerings. Or, in hard numbers from 1990 to 1996, 1,272 U.S. Since the Internet bubble burst in 2001, the number of IPOs hasn’t recovered to even 1980s levels. That's 30 years ago, folks. By 2010, that percentage had declined to a mere 3%.

IPO 78

IPO Private Equity Initial Public Offering Balance Sheet 78

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. Thanks to the internet and other globalizing technologies, the entire world has entered the Networked Age.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

BeyondVC

JANUARY 12, 2009

  More importantly, will there be any grand slam venture capital opportunities in wireless?    Through various forms I have been involved from an investment perspective in wireless-related companies since 1996 when I made an investment in a company called AirMedia. 

Mobile 60

Mobile SMS Venture Capital Web 60

Startup Professionals Musings

JULY 19, 2015

Most now routinely buy startups for new technology and new products. The number of entrepreneurs who are Baby Boomer starting a business has grown from 14 percent in 1996 to over 30 percent last year. Women are a growing force as entrepreneurs. million businesses in 2014.

IPO 120

IPO Angel Investor Startup Incubator 120

BeyondVC

NOVEMBER 17, 2016

This is a story about starting an enterprise seed fund called Boldstart in 2010 and our journey in enterprise since 1996. This was oversubscribed from our initial target of $30mm and mirrors not only our growth but also the power of NYC as a hub for enterprise technology.

Cap Table 60

Cap Table Cofounder Dividend Institutional Investors 60

Seeing Both Sides

JULY 21, 2014

million in one year, the year we went public at a billion dollar valuation (ok, it was 1996; everyone went public in 1996 with a billion dollar valuation), and then $61 million the following year. As a result, the full revenue for each deal was recognized in that quarter as soon as the software was shipped. million to $22.5

Revenue 54

Revenue Valuation Churn Rate Business Model 54

Pascal's View

MAY 13, 2011

Amount of venture capital raised has exploded. i. Pre bubble period 1991-1996 totals $28 billion. ii. Bubble period 1996-2000 totals $243.6 This is a good example of technology driven market change being accelerated by new securities regulations). iii. Post bubble period 2001-2009 totals $218.2

Securities and Exchange Commission 31

Securities and Exchange Commission Equity IPO Marketing 31

Ben's Blog

MARCH 24, 2011

Lately, everybody seems to be talking about a new technology bubble. Let’s look at public market comparables and venture capital flows to see if we can find a match. If publicly traded technology companies are not at bubble-like prices, then private technology valuations aren’t either because they are roughly equivalent.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

Pascal's View

AUGUST 22, 2009

”, written by Mark Veverka, asserting that “venture capitalists want to widen the playing field for the underwriters.” ” The story includes quotes from former National Venture Capital Association (NVCA) chairman Dixon Doll of DCM and investment banker Paul Deninger, who is the vice-chairman of Jefferies & Co.

IPO 40

IPO Merger Institutional Investors Venture Capital 40

Pascal's View

NOVEMBER 14, 2009

which happen to all be venture?backed backed companies, went public raising less than $50 million at various times between 1971 and 1996. capital markets for listed equities have been in systemic decline since 1997. This condition is clearly not the result of the technology bubble or Sarbanes Oxley. jobs today.

Delaware 37

Delaware IPO Venture Capital Offshore 37

Up and Running

MAY 23, 2016

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. Ryan Chan, founder at UpKeep said, “We created an LLC at first, but after realizing that we wanted to take on venture capital, we decided to move to a Delaware C corp.”.

Software Review 74

Software Review Software Delaware Forecast 74

Feld Thoughts

APRIL 7, 2017

Len and I co-founded Interliant (originally Sage Networks) with Steve Maggs and Rajat Bhargava in 1996. In addition to my role as co-chairman of Interliant (Len was my co-chairman), I was also a partner at Mobius Venture Capital, sitting on over 25 boards, including five non-US companies.

SEC 148

SEC New York Venture Capital Partner 148

www.paulgraham.com

OCTOBER 23, 2010

Its not what people learn in classes at MIT and Stanford that has made technology companiesspring up around them. In a technology startup, which most startups are, the foundersshould include technical people. The rulers of the technologybusiness tend to come from technology, not business. Its the same with technology.

Startup 105

Startup Cofounder Software Stock 105

Seeing Both Sides

MAY 26, 2009

Terry co-founded Polaris in 1996 after seven years as a VC at Burr Egan.    At $20-30 billion per year, the venture capital industry as a whole remains a “drop in the bucket” in terms of capital deployed relative to the over trillion dollars sitting in private equity firms. 

Private Equity 20

Private Equity Boston Massachusetts IPO 20

Both Sides of the Table

SEPTEMBER 14, 2016

Truly Focused on VC / Knowledgeable About How Partnerships Work One of the things I value in an LP is a really passionate and inside knowledge of the venture capital industry. I’ve met many smart and capable people like this but it was also clear that many of them didn’t have an intimate knowledge of what is truly unique to venture.

LP 150

LP Entrepreneur United States Venture Capital 150

infochachkie.com

DECEMBER 5, 2011

To illustrate the extent to which a company’s name is largely irrelevant to its ultimate success, let’s examine the genesis of six successful technology companies’ names. eBay – Derived from Founder Pierre Omidyar’s consulting company, Echo Bay Technology Group. Expertcity was a great name for that business.

Naming 40

Naming Technical Review Product Product Name 40

crowdSPRING Blog

FEBRUARY 16, 2016

For every example of a successful company that proves a myth wrong, there will always be one that will prove it right, especially in today’s world of rapidly expanding technology and connectivity. When Larry and Sergey first began BackRub (which would eventually become Google), they didn’t run to a venture capital firm or angel investor.

Washington 48

Washington Incubator Cofounder Angel Investor 48

aweissman.com

OCTOBER 21, 2016

Some of them reflect the architecture of a building built in 1917, but they are otherwise for the most part nondescript and surely less opulent or fancy or technology-laden than the average mid-sized venture capital firm. I’ve seen this before - when I worked at AOL in 1996 and in the early days of the social web 2006 or so.

United States 20

United States Architecture Washington Venture Capital 20

Seeing Both Sides

SEPTEMBER 15, 2015

Decades ago, the thesis of Yossi Vardi , a prolific technology entrepreneur who has invested in 75 Israeli startups, was that Israeli entrepreneurs should seek quick exit opportunities through global corporations interested in buying a window into Israeli talent and technology. So how do Israeli ventures scale up? We think so.

Cofounder 20

Cofounder Technical Review United States 20

Up and Running

DECEMBER 9, 2014

I have been involved in startups since I graduated from college in 1996. There are actually a lot of tools and technologies available now to really streamline your day and as I said earlier it’s amazing. If you’re looking for five million dollars, you should be thinking institutional capital. Four, technology.

Small Business 95

Small Business Finance Forecast Metrics 95