www.paulgraham.com

OCTOBER 23, 2010

Want to start a startup? You need three things to create a successful startup: to start withgood people, to make something customers actually want, and to spendas little money as possible. Most startups that fail do it becausethey fail at one of these. Most startups that fail do it becausethey fail at one of these.

Startup 105

Startup Cofounder Software Stock 105

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Nothing gets in the way of their pursuit of startup success. Not Teaching the Right Skills.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Nothing gets in the way of their pursuit of startup success. Not Teaching the Right Skills.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Ben's Blog

JULY 16, 2013

If you run a startup and are currently raising money, you probably planned for a somewhat different fundraising environment than the one you find yourself in today. You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/31/1998: 30.8 Outkast, Ms. 3/29/1996: 22.3

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Feld Thoughts

FEBRUARY 28, 2023

KG companies have decisive tax disadvantages for startups and are, therefore, rarely used in this area. The boom years of 1998 (79 IPOs), 1999 (175 IPOs), and 2000 (142 IPOs) are long gone. The tax framework and valuation issues are particularly complex and not very employee-friendly. German Startups Association).

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

crowdSPRING Blog

FEBRUARY 16, 2011

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! How small businesses and startups should deal with difficult customers – [link]. How small businesses and startups should deal with difficult customers – [link].

Social Media 95

Social Media Small Business Design Media 95

Both Sides of the Table

DECEMBER 5, 2010

MySpace would liked to have owned YouTube but didn’t have the public stock valuation to purchase them at the price that Google did. It did not have the same success as Google’s acquisition and MySpace sold Photobucket 2 years later to a relatively unknown Seattle-based startup called Ontela for a reportedly $60 million.

Social Network 318

Social Network Networking Internet Technical Review 318

David Teten

MARCH 24, 2014

Imagine a biotech startup, Melchisedec Medicals. We over-weighted small cap value stocks in 1998-2002. However, it was the right thing to do from a valuation perspective. Ironically, UltraQuant will have higher returns and certainly lower expenses than the vast majority of hedge funds. In fact, Melchisedec is a placebo.

Software Review 114

Software Review Due Diligence Venture Capital Portfolio 114

David Teten

NOVEMBER 15, 2013

Each new investor tends to raise valuations and lower returns for all the other competitive investors. 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. Would you pay a $379 tip for a $70 meal?

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

www.paulgraham.com

APRIL 28, 2010

When we sold our startup in 1998 I thought one day Id do some angelinvesting. You give a startup money and they give you stock. Thats how you win: by investing in the right startups. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup. Seven years later I still hadnt started.

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

Professor VC

JUNE 6, 2016

(girl scout song believed to be adapted from poem written by Joseph Parry (1841-1903) or perhaps Boardwalk Empire if you believe Reddit ) In the picture above, "Make New Friends" was sung by the entire Barron Park Elementary School on its first day as a neighborhood school in 1998. A fitting song for a new school year and new school.

Syndicate 28

Syndicate Syndication Cap Table Ratchet 28

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

ReadWriteStart

OCTOBER 22, 2019

It even penciled for Google in 1998, and it still worked well enough that Facebook chose to establish its headquarters in Palo Alto, California, in 2004. Standout startups like Stripe, InVision, and Github exploit a competitive edge every startup should leverage. Even the most well-funded startup has limited resources.

Distribution 117

Distribution San Francisco Silicon Valley El Salvador 117

Up and Running

DECEMBER 9, 2014

I have been involved in startups since I graduated from college in 1996. My background with entrepreneurialism is this is my sixth startup. One, I’m an entrepreneur or in the startup stage of a business. This is really an exciting panel to be a part of. Bates: Fantastic. Thank you Sabrina. Joshua Reeves: Thanks, John.

Small Business 95

Small Business Finance Forecast Metrics 95

Both Sides of the Table

SEPTEMBER 17, 2017

I believe the massive valuation increases in cryptocurrencies we’ve witnessed of late are not based on any fundamentals other than speculation and a drive for a quick profit by many who have gained from the market hype. Why would pouring hundreds of millions into even earlier stage startups with even less or no oversight be a good idea?

Government 280

Government Distribution Stock United States 280