Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. August 1995 – March 2000: The Dot.Com Bubble. Rules for building a company in 2011 are different than they were in 2008 or 1998. The New Exits. Visibility.

Internet 334

Internet IPO Silicon Valley Agile 334

Pascal's View

AUGUST 12, 2009

economy: “… Sarbanes-Oxley compliance costs, Eliot-Spitzer’s stock analyst settlement and the economic downturn have created an historic drought in venture-backed companies going public. . years in 1998 to 9.6 The median age of a venture-backed company at the time of its IPO has increased from 4.5 years as of year-end 2008.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

.” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. invested, IPO’ed in 2000 for $32/share — stock price now $2. Support.com — On 2.5m

IPO 240

IPO Flash Bootstrapping Private Equity 240

Berkonomics

SEPTEMBER 27, 2018

The year was 1998. I immediately agreed to come aboard at no cost to clean up the corporation, deferring my investment until that was done. We now jump forward to February 2000, 14 months after formation of the company. The background for my story. My immediate reaction and offer. million at a valuation of $80 million.

Pre-Money Valuation 48

Pre-Money Valuation Sales Liquidity Event Valuation 48

finance.fortune.cnn.com

AUGUST 21, 2012

FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. Overall, the portfolio value (including realizations) was being held at around 5% below cost. Accel Partners VII (2000): 122% (97%).

Naming 49

Naming Term Sheet Private Equity Equity 49

Berkonomics

SEPTEMBER 17, 2011

The year was 1998. I immediately agreed to come aboard at no cost to clean up the corporation, deferring my investment until that was done. We now jump forward to February, 2000, 14 months after formation of the company. First here is a bit of the background. Two months after that, a French game company offered $1.5

Liquidity Event 59

Liquidity Event Pre-Money Valuation Sales Valuation 59

Ben's Blog

MARCH 24, 2011

In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. The inflation-adjusted data from the last bubble tells the story: In the 3-year period from 1998-2000, venture capital firms raised more than $200 billion, which represented about 0.55% of the national GDP.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

Seeing Both Sides

AUGUST 3, 2012

Incorporated in 1998 in Cambridge, Massachusetts, the company’s network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. But the second year (2000) was simply astounding: nearly $90 million! Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

YoungUpstarts

JUNE 24, 2012

Businesses will have to perform at maximum, avoiding mistakes at all costs before they happen. Avoid at all costs using symmetry in your cover photos. He co-founded Archiweb in 1998, an award-winning leader among web design companies in SE Europe, and envisioned the later-to-be stock agency in early 2000.

Social Media 231

Social Media Media Stock Clickthrough 231

Ben's Blog

OCTOBER 29, 2020

And no, that doesn’t mean that the IPO is underpriced; recall that there is no cost to putting in an “order” in the IPO book, so the incentive for the buy-side is to put in as large a request as possible with the understanding that they will ultimately be cut back by the underwriters. sell-side research) for free. What do the data tell us?

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

David Teten

APRIL 1, 2011

Dan Burstein, Managing Partner, Millennium Technology Value Partners Dan Burstein founded Millennium Technology Ventures in 2000 and co-founded Millennium Technology Value Partners in 2004. He currently holds NASD Series 7, Series 24, and Series 63 licenses. He serves as a Managing Partner of both funds. Among his pathbreaking books are Yen!

Private Equity 68

Private Equity Merger IPO Equity 68

Feld Thoughts

JANUARY 19, 2014

I’m a child of the 1970s, who was routinely promised flying cars in the future, and wrote school essays about what life would be like in the year 2000. Two factors: cost and range (and charging infrastructure, to a lesser extent, but that will be remedied when there is more demand). The real barrier to adoption is cost.

Artificial Inteligence 183

Artificial Inteligence Government Nevada Cost 183

Steve Blank

NOVEMBER 1, 2010

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. When Iridium was first conceived inside Motorola in 1987, worldwide cell phone coverage was sparse, calls were unreliable and per minute costs were expensive. Cell phone handsets were the size of a lunch box and cost thousand of dollars.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

VC Cafe

OCTOBER 18, 2011

He worked his way up the corporate ladder; in 1998 he became VP of the Digital TV platform strategy, which did not pan out, and in 1999 he found an opportunity in Microsoft Internet (MSN) international. At the beginning of the year 2000, there were 133 venture capital firms in Israel, today there are less than 30.

Venture Capital 100

Venture Capital New Zealand Startup 100

Both Sides of the Table

DECEMBER 5, 2010

This is an awesome trend and will further lower the cost of startup development. In 1998 the Department of Justice launched an anti-trust case against Microsoft. In April of 2000 there were fears that the AOL / Time Warner merger would create a monopoly on the Internet. A bit laughable in 2010, just 12 years later.

Social Network 318

Social Network Networking Internet Technical Review 318

Tim Keane

MAY 27, 2010

  It was simple   - Reduce costs and improve consumer experience for the large retailers.   It was sold in 2000 and today is the customer service arm of Fidelity Financial in Florida.   It was sold in 2000 and today is the customer service arm of Fidelity Financial in Florida. It was bootstrapped.

Bootstrapping 60

Bootstrapping Startup America Employee 60

David Teten

NOVEMBER 15, 2013

It is mathematically impossible for the median investor to beat a low-cost index, after expenses. (Of Simon Lack reports in The Hedge Fund Mirage that from 1998 to 2010, hedge fund managers earned $379 billion in fees, while their investors earned only $70 billion in investing gains. Would you pay a $379 tip for a $70 meal?

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

I got out of the university in early 2000 and I never went on to a full-time job, so it’s always been an online business for me. The difference here is the entry-level cost to buying web property, not physical property, is much lower than what it is to buy real-world properties. The cost to run is very important too.

Technical Review 76

Technical Review Software Review Prospectus Audience 76

Hunter Walker

NOVEMBER 12, 2015

One big moment for me I think in my life was about when I was in grad school 1998, ’99, 2000 where I sort of realized that the only way I was probably going to be happy was not to separate personal and professional. The cost has fallen to about 96 cents per episode. Hunter : I try.

Montana 48

Montana Early Stage Lean Partner 48

Ben's Blog

MAY 24, 2021

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. 1990-1998 13.3% 1999-2000 51.6% Time Period IPO Pop % Above IFR 1999-2000 51.6%

SEC 36

SEC Accredited Investor IPO Technical Review 36

crowdSPRING Blog

APRIL 20, 2010

Life swiftly kicked me in the behind and I decided to transfer back to a technical college in late 1998 to re-focus on graphic design. Between 2000 and 2007, I did not do any graphic design work. My biggest compliment I can give them is that I avoid them at all costs whenever possible in contests. Did I mention they’re good?

Wisconsin 96

Wisconsin Design Community Naming 96

crowdSPRING Blog

APRIL 20, 2010

Life swiftly kicked me in the behind and I decided to transfer back to a technical college in late 1998 to re-focus on graphic design. Between 2000 and 2007, I did not do any graphic design work. My biggest compliment I can give them is that I avoid them at all costs whenever possible in contests. Did I mention they’re good?

Wisconsin 96

Wisconsin Design Community Naming 96

Scalable Startup

MAY 16, 2015

By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close. is mostly sanguine, claiming that the market’s standards for viability have increased since the 2000 bust and citing Twitter (revenue but no profit) as the model for the new public tech company.

San Francisco 20

San Francisco Silicon Valley California Oakland 20

Up and Running

DECEMBER 9, 2014

The DIY mentality can really bog you down and become a burden eventually, plus it can really cost you more time and money in the grand scheme of things. I just wanted to break down those two pieces real quick the time side and the cost side. Then the second one here which I eluded to is really all about cost.

Small Business 95

Small Business Finance Forecast Metrics 95

Both Sides of the Table

SEPTEMBER 17, 2017

Mostly I think new types of brokers will emerge and this will drive down transactions costs, improve services and make it easier to do business with people around the globe. Ask yourself this — how did it go when a bunch of Internet companies when public in 1998–1999 with limited revenues or oversight? Regulation will come.

Government 280

Government Distribution Stock United States 280

Steve Blank

JANUARY 4, 2012

1998 – the MPAA got congress to pass the Digital Millennium Copyright Act (DMCA), making it illegal for you to make a digital copy of a DVD that you actually purchased. 2000 – Digital Video Recorders (DVR) like TiVo allowing consumer to skip commercials was going to be the end of the TV business.

Silicon Valley 336

Silicon Valley Distribution Washington Channel 336