1998 2005 Internet Open Source 
Feld Thoughts
JUNE 22, 2012
We needed improvements in video compression and in TCP/IP – the underlying protocol that essentially runs the Internet. I looked at the future predictions for “modem speed” (as I called it back then, today we’d called it internet connection speed or bandwidth). Nine years later, in February 2005, YouTube arrived.
Both Sides of the Table
MAY 23, 2012
Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. In 1998 there were around 850 VC funds and by 2000 there were 2,300. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. The Funding Problem.
www.paulgraham.com
OCTOBER 23, 2010
March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) During the Internet Bubble there were a number of startups founded by business people who then wentlooking for hackers to create their product for them. Back in 1998 our CFOtried to talk me into it. Want to start a startup? Get funded by Y Combinator.
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