article thumbnail

Why Bitcoin is Gaining Worldwide Popularity

The Startup Magazine

Bitcoin was conceptualised in 1998 by Satoshi Nakamoto (thought to be possibly a pseudonym), however, the first official Bitcoin transaction did not occur until January 12th, 2009 when Florida programmer Laszlo Hanyecz offered 10,000 Bitcoins for two Papa John’s pizzas (Dowling 2013).

article thumbnail

Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

We competed with other technology companies, and, like Bill Gurley, largely ignored whatever was going on in Washington. The tech ecosystem got a rude awakening in May 1998 when the U.S. These are the examples Bill Gurley were talking about. We were content Washington didn’t know we existed. Your diagram may be more complex.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why India Will Become The SaaS Hotbed Of Tomorrow

YoungUpstarts

Just as Information Technology (IT) services transformed India in the 1990s, Software as a Service (SaaS) will dramatically shift the nation in the 2020s. Only one decade ago, SaaS products accounted for less than five percent of software. Every software company settled massive budgets to expand and cover any particular bugs.

India 104
article thumbnail

How To Predict The Future

Feld Thoughts

There seem to be two schools of thought on how to predict the future of information technology: looking at software or looking at hardware. Using just two data points, the modem I had in 1986 and the modem I had in 1998, the spreadsheet predicts that I’d have a 25 megabit/second connection in 2012. Napster arrived in June, 1999.

article thumbnail

Gust Blog - Thoughts on startups by investors that fund them

Gust

And in January I saw that digital music overtook physical media for the first time in 2011, something I expected since 1998. I bought the Diamond Rio mp3 player in 1998. We think it’s a matter of products, but history shows us it takes more than just products and technology to create the sweeping changes. June 19th, 2012.

Startup 180
article thumbnail

Marketing, Startups and Networking in Los Angeles – Cliff Allen

SoCal CTO

Cliff Allen is someone I've known for quite a few years and he's a go to person for me when I'm thinking about issues around marketing, sales, technology, startups and networking. I moved into writing software to analyze audience data, and wrote a lot of computer graphics software.

article thumbnail

Software startups: Beware ‘magic’ bullets

The Equity Kicker

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