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The Great Internet Stock Correction of 1997, or 1999, or …

Feld Thoughts

” I remember a moment in time in 1997. We were in the middle of fundraising for Softbank Venture Capital (which became Mobius Venture Capital.) In 1999 we filed an S-1 to take Sage Networks public. It was the first VC fund I’d helped raise. I was a co-founder and co-chairman.

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It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Morning in VC.

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Connecting the Dots: How New Job Creation, IPO’s, and Venture Capital in America Are Intimately Linked

Pascal's View

6) The most efficient fuel for this IPO engine is venture capital. v) “Since 1999, over 60% of IPOs have been VC-backed. This is an extraordinary percentage considering that only 1/16 th of 1% of all companies are VC-backed.” “… it is highly unlikely that a company that does not take venture capital ends up going public.

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Are Things Moving Faster Than In 1999?

Feld Thoughts

After I sold my first company, I started a company called Intensity Ventures to make all my personal investments from. When I started making venture capital investments in 1997, the pace of things, and the amount of work I did, was massive. The post Are Things Moving Faster Than In 1999? Agree or disagree?

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Does the Size of a VC Fund Matter?

Both Sides of the Table

This is part of my series on Understanding Venture Capital. I saw it myself in 1999-2002 when it was hard to charge for my product because all of my competitors raised large rounds of capital and were giving away their products free fueled by large VC rounds.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. On the other hand, exits at lower prices are easier with these providers of capital.

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What if it’s 1996, not 1999?

Seeing Both Sides

In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast. The average venture capital fund raised between 1995 and 1997 returned more than 50% per year. Matrix had a fund in 1998 that yielded an eye-popping 514+% IRR.

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