The Equity Kicker

JANUARY 30, 2018

The term ‘pre-chasm’ is a nod to Geoffrey Moore’s 1998 classic Crossing the Chasm and refers to companies that may have sold to early adopters, but haven’t yet found a way to sell to the mainstream. Getting sales going in those early years is terrifically challenging and requires great product and great sales.

Software 106

Software Startup Channel Early Stage 106

Steve Blank

APRIL 12, 2013

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. Fast forward a decade, today the Private Equity and Venture Capital business is booming in China with over 1000 firms actively investing. Investing in China Today.

Venture Capital 163

Venture Capital China Offshore SBIR 163

The Equity Kicker

NOVEMBER 27, 2013

I just read the following story about how their low price ethos played out when they entered the DVD market in 1998. We had planned to match their 30% discount, and now we were being out-priced by the market leader on our first day of operation, and just before the heart of the holiday sales season to boot (it was November, 1998).

Matching 116

Matching Revenue Web Video 116

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. After all, before the house of cards inevitably tumbles, private equity investors get a tidy return. And it is magic.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Pascal's View

AUGUST 12, 2009

years in 1998 to 9.6 Washington needs to recognize, first and foremost, that entrepreneurs, venture capitalists, institutional investors, market markers, and underwriters all seek to be rewarded for committing risk capital (which includes sweat equity) to making these highly risky ventures successful. years as of year-end 2008.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

The Equity Kicker

DECEMBER 5, 2012

Microsoft’s market share of operating systems is 35%, down from 96% in 1998-2005. Mobile apps are used nearly five times as much as mobile websites. 26-35% of people using their tablets as a second screen are engaging in activity related to what they’re watching – that’s much higher than I’ve seen reported in other surveys.

Mobile 125

Mobile Internet Social Media Portfolio 125

The Equity Kicker

APRIL 8, 2015

The fact that the trend has been going for some time – Google was founded in 1998 and Tesla and Facebook in 2003 and 2004 respectively – suggests that the bubble explanation can’t be the whole story. We are in a bubble – at least for late stage companies.

Valuation 60

Valuation Finance Developer Startup 60

Hunter Walker

APRIL 10, 2014

I did my first angel investment in 1998, so 16 years and 60+ investments. Dentists from the Midwest, tech CEOs, Facebook engineers, VC’s and private equity partners. Q: Although your $3.3m AngelList syndicate has surprised some people, you’ve been angel investing for quite a while, right? Join today at: https://angel.co/penchina#syndicate.

Syndicate 121

Syndicate Syndication Hiring Cofounder 121

The Equity Kicker

APRIL 15, 2016

Moreover, we are still at a high level of investment when compared with any period except the last couple of years and the 1998-2000 bubble. As you can see from the chart above there was a precipitous decline from Q3 to Q4, but the rot stopped in Q1. It will be very interesting to see where this goes next quarter.

Europe 60

Europe Venture Capital Finance Startup 60

Growthink Blog

JULY 9, 2012

Folks like Andy Bechtolsheim - who invested $100,000 into Google in September 1998, a position now worth more than $1.7 And he - like Mark Cuban - had the additional boon of turning his equity stake into cash at the absolute right moment (and the circumstances of which are high comedy to say the least). billion in Yahoo stock.

Russia 85

Russia Stock Equity Internet 85

rob.by

MARCH 8, 2012

” I believe that by this he means they want cash rather than equity. My hunch is that most good software engineers only work for cash because they don’t feel that working for equity is worth the risk of failure. I absolutely want cofounders when the time comes. But conceptually it does ring of some truth.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. 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. Providence Equity Partners IV (2000): 198% (186%).

Naming 49

Naming Term Sheet Private Equity Equity 49

The Equity Kicker

NOVEMBER 6, 2013

Andrew Chen responded to that with a thoughtful post about how the ‘funding goalposts continue to move’ Here’s the money quote: It’s been widely noted that investing milestones have evolved quickly over time: In 1998, you’d raise $5M Series A with an idea and not much else.

San Francisco 105

San Francisco Product Open Source Distribution 105

The Equity Kicker

APRIL 22, 2014

The first is that you’re doing something wrong all the time.

Founder 132

Founder IPO Early Stage Startup 132

Gust

OCTOBER 17, 2012

It is not highly concentrated geographically, or in the bubble of 1998-2000, or in any industry. Best case: equity investment (whether angel or VC) is a tremendous asset with a commensurate financial obligation. The distribution of returns from the different U.S.

Angel Investor 152

Angel Investor Venture Capital Seed Stage Silicon Valley 152

Up and Running

JULY 29, 2015

Equity Crowdfunding. Equity crowdfunding takes the crowdfunding process to the next level. These sites function a lot like the sites listed above, but investors get equity in your startup. See Also Are You Ready for Equity Based Crowdfunding? This grant was launched in 1998 by Womennet to help entrepreneurs succeed.

Angel Investor 60

Angel Investor Equity Small Business Delaware 60

ReadWriteStart

NOVEMBER 12, 2012

Epinions, which we started in 1998, had five cofounders instead of two, primarily because it was really hard to recruit early-stage employees without giving them cofounder equity.” . “In a frothy environment it becomes so hard to recruit people that you start having to expand your cofounding team,” Ravikant says.

Cofounder 60

Cofounder Startup Social Media Early Stage 60

Hearpreneur

JUNE 14, 2017

It was 1998 and the internet wasn’t exactly readily available. It sounds simple now, but in 1998 it was unheard of. We do home equity funds without interest or monthly payments in exchange for sharing in the future upside/downside of home values. Did the Canucks win their last hockey game? What were the election results?

Entrepreneur 126

Entrepreneur South Africa PR Thailand 126

ConversionXL

JULY 29, 2015

When we intentionally or unintentionally hurt our relationship partners, we apologize.” ( Estrada-Hollenbeck & Heatherton, 1998 ). Equity-based – Equity returns (e.g., When we feel guilty over damaging property, we offer to pay for it. donating to your campaign). Be careful triggering that guilt, though. shares, dividends).

Campaign 48

Campaign Reputation Metrics Naming 48

David Teten

JANUARY 10, 2012

Mr. Lindzon continues to manage a hedge fund he started in 1998. Mr. Parekh started his career at Goldman Sachs, developing the firm’s equities business in the Middle East, with high net worth family offices and sovereign wealth funds. He was an Institutional Investor ranked analyst for several years.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

techcrunch.com

OCTOBER 13, 2012

It is not highly concentrated geographically, or in the bubble of 1998-2000, or in any industry. Best case: equity investment (whether angel or VC) is a tremendous asset with a commensurate financial obligation. The distribution of returns from the different U.S.

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

Gust

NOVEMBER 23, 2011

Google, which incorporated in 1998, has a market cap of $200 billion and employs more than 30,000 people. Facebook, which did not exist in 2003, is now valued at nearly $100 billion. SOPA would disproportionately alter the risk profile for new startups, which are thinly capitalized compared to the giants like Google and Facebook.

IPO 110

IPO Prospectus SEC Intellectual Property 110

Ben's Blog

OCTOBER 29, 2020

Thus, they shift more of their allocations to what they perceive as higher yielding assets such as equity securities. Higher demand for equities therefore drives higher prices of equities. What you see from the above is that median floats were pretty consistent from 1980-1998, but dropped significantly during the dot-com bubble.

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

Reid Hoffman

JULY 27, 2021

As opposed to taking a potentially smart risk on equity). The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009). They’re not doing, building, or taking risks like an entrepreneur.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

As opposed to taking a potentially smart risk on equity). The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009). They’re not doing, building, or taking risks like an entrepreneur.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

aweissman.com

DECEMBER 18, 2006

While I don't pretend to be smart enough to begin to analyze such an esoteric question, having been involved in technology venture capital since 1998, I will make a few, lightweight, observations: -At one, fundamentally important, level venture capitalists (VCs) are buyers of stock.

Valuation 20

Valuation Stock Venture Capital Equity 20

BeyondVC

MARCH 24, 2006

At one point in time, $5b of equity was levered up to a $130b of total assets or bets outstanding. It used proprietary computer driven models (think sexy algorithms) to find miniscule misprincings in markets and would use leverage and derivatives to exploit those mispricings.

NDA 60

NDA Algorithm Equity Hiring 60

Seeing Both Sides

MAY 26, 2009

  At $20-30 billion per year, the venture capital industry as a whole remains a “drop in the bucket” in terms of capital deployed relative to the over trillion dollars sitting in private equity firms.    In the private equity world, the industry leaders hang around forever well past their 50s and 60s. 

Private Equity 20

Private Equity Boston Massachusetts IPO 20

David Teten

MARCH 24, 2014

We over-weighted small cap value stocks in 1998-2002. We know that we at Koffler have added value, and where we add value, because we measure it. Our value in the past has come from big tactical asset allocation bets. It was a nutty thing to do at the time. However, it was the right thing to do from a valuation perspective.

Software Review 114

Software Review Due Diligence Venture Capital Portfolio 114

This is going to be BIG.

MAY 10, 2021

That would be like being an intern at Google in the summer of 1998 and saying you’re responsible for 139,000 new jobs since you started. It’s not simply around understanding economic equity, which I think he has some intellectual grasp of. I think he really wants to be successful at something and generally wants to help people.

Campaign 144

Campaign New York Minneapolis New York City 144

Growthink Blog

DECEMBER 20, 2016

Crowdfunder is the equity crowdfunding leader for sourcing and funding high-growth ventures with a network of over 130,000 entrepreneurs and investors. Since being founded in 1998 LendingTree has facilitated more than 32 million loan requests. The panelists are: Mr. Rafe Furst , Co-Founder Crowdfunder.

Disintermediation 48

Disintermediation Cofounder Venture Capital Angel Investor 48

David Teten

NOVEMBER 15, 2013

The average equity fund investor earned a market return of only 4.25%. 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. I can only think of a few exceptions to this zero-sum principle.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

VC Cafe

MARCH 15, 2011

MobileAccess, formerly Foxcom Wireless, was founded in 1998. PRIVATE EQUITY FIRM SUMMIT PARTNERS BUYS ISRAEL’S ANSWERS.COM. AFCV Holdings , a unit of private equity firm Summit Partners, bought Answers Corporation’s community-generated Q&A site Answers.com for $127 million in cash.

Private Equity 90

Private Equity China North America 90

Ben's Blog

MAY 24, 2021

1990-1998 13.3% Time Period % Below IFR % Within IFR % Above IFR 1980-1989 30% 52% 13% 1990-1998 27% 49% 24% 1999-2000 18% 38% 44% 2001-2019 33% 45% 22% [ source ] When we combine the data from the two charts, we can discern some conclusions. 22% 1990-1998 13.3% 1990-1998 10% 6.3% Time Period IPO Pop* 1980-1989 6.1%

SEC 36

SEC Accredited Investor IPO Technical Review 36

www.paulgraham.com

APRIL 28, 2010

When we sold our startup in 1998 I thought one day Id do some angelinvesting. Suppose its 1998. Plus you get equity. Later stageinvestors wont invest in a company if the founders dont haveenough equity left to motivate them. March 2009 (This essay is derived from a talk at AngelConf.)

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

Up and Running

DECEMBER 9, 2014

Bates: Josh, it reminds me of when I was doing web sites back in the day in 2000 and 1998 and instead of going and being able to buy a shopping cart you had to code the shopping cart from scratch. Jared could you quickly tell us what are the pros and cons of a bank loan versus an investment for equity? Are you going for private equity?

Small Business 95

Small Business Finance Forecast Metrics 95

The Next Web

OCTOBER 24, 2013

When Taxi Magic attempted to demonstrate that they tried to recruit an American to fill the role, they were rejected because I owned too much equity in the company. The AICWA (American Competitiveness and Workforce Improvement Act of 1998) Fee ($750 if the company has 1-25 employees, $1,500 if you have more). But wait, there’s more!

Government 134

Government United States America Green 134