Remove 1998 Remove Internet Remove Revenue Remove Venture Capital
article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. The Funding Problem.

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

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.

Internet 334
Insiders

Sign Up for our Newsletter

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

article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Here’s my take: 1. Our current fund was raised in 2008/09.]

LP 311
article thumbnail

My story and support for the Founders Visa

K9 Ventures

Towards the end of my OPT (mid 1998) is when the H1-B visa cap issue hit. This meant that I had to either show enough revenue, or find investors who would be willing to put money into the company. In October 1998, I was excited beyond belief when I received an approval notice for an H1-B visa through my own company!

article thumbnail

Recurring Revenue is Magic

Seeing Both Sides

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

Revenue 54
article thumbnail

Bubble Trouble? I Don’t Think So

Ben's Blog

Let’s look at public market comparables and venture capital flows to see if we can find a match. In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. Venture capital flows. If too much venture capital hits the streets, valuations will bubble up.

article thumbnail

What if it’s 1996, not 1999?

Seeing Both Sides

million in revenue the year before. . But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast.

IPO 48