1998 Business Model Internet Revenue 
Both Sides of the Table
MAY 23, 2012
In 1998 there were around 850 VC funds and by 2000 there were 2,300. In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. The Funding Problem. And the future?
Steve Blank
MARCH 18, 2011
We’re now in the second Internet bubble. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. Carpe Diem.
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Steve Blank
OCTOBER 4, 2010
The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. The only problem is that it’s simply not true.
Seeing Both Sides
JULY 21, 2014
In 1998, Yom Kippur fell on September 30th. It was the last day of the third quarter of the year and we hard more deals we needed to close to finish the quarter strong and report numbers to Wall Street that justified our high-flying profile as a recently public Internet commerce software company. million to $22.5 They are 10x better.
Up and Running
APRIL 27, 2015
While Microsoft introduced MSN Search in 1998, the site purely used an existing search engine, Inktomi, to gather results. The company saw its revenue drop by 25% in 2012, and Johnson was unceremoniously ousted from his position in April 2013. In this internet age, your words can come back to haunt you—so think before you speak.
Cracking the Code
SEPTEMBER 2, 2008
Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. He should have invested in Lawson obviously… I could not track back their stock price in 1998 when NetSuite was launched, but since Jan. internet. (6). Small and medium businesses. (2). for Lawson?
Up and Running
DECEMBER 9, 2014
Bates: Good morning and welcome to our CEO panel, “How to Fine-Tune Your Small Business Finances From Funding to Growth” which I think is the direction that we would all like to be going. The question is what metrics do you most rely on to understand your business’s health? Two, revenue. My name is John Bates.
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