Feld Thoughts

article thumbnail

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.) The post The Great Internet Stock Correction of 1997, or 1999, or … appeared first on Feld Thoughts. It was the first VC fund I’d helped raise.

Stock 140
article thumbnail

An Interview with Notation Capital about Starting VC Funds

Feld Thoughts

They walked me through multiple origin stories, including how I started making angel investments (1994), the origin of Mobius / Softbank Venture Capital (1996-1997), the origin of Foundry Group (2007), and the creation of Foundry Group Next (2015-2016).

LP 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building An Autonomous and Virtual World: Softbank Teams With Mapbox

Feld Thoughts

Back in 1997, Softbank Technology Ventures (which became Mobius Venture Capital) was the first VC fund I helped raise. We’re long on the team at Mapbox , and it’s obvious to me why Softbank is also enthusiastic. I’m very loyal to my friends at Softbank and love any opportunity to work with them.

article thumbnail

Business Plans Are An Historical Artifact

Feld Thoughts

By 1997, when I started investing as a venture capital investor, I was no longer reading business plans. In the 1990s, business plan competitions were all the rage. I was a judge early on at the MIT $10k Competition (now the $100k Competition) and read lots and lots of business plans. And I don’t think I have since then.

article thumbnail

When VCs Don’t B t You

Feld Thoughts

The prior fund that I had co-founded – Mobius Venture Capital – had blown up after having a very successful first fund in 1997. Venture Capital fundraising VC' And, in the situations where they don’t, how incredibly powerful it is. Fred, Scott, and Jack – thank you.

LP 155
article thumbnail

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 name kind of says it all. I never once felt that things were moving slowly.

article thumbnail

The Brilliance of The Struggle

Feld Thoughts

He and I lost touch over the years (I’m sure he was glad to be rid of us) until I had breakfast with him in Boulder in 1997 when he was first looking at investing in Rally Software. Tom eventually fired us (I don’t remember if it was at that meeting or not). years old, I recognize the unimportance of suffering.

Software 167