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It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. Thank you, Aaron Sorkin! There are 20x more consumers online.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round). This is my 2nd time trying this, first time was in 1999. Congrats! . link] leehower.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

When I started my first company in 1999 we spent more than $2 million on technology infrastructure including Sun servers & Solaris operating system, Oracle databases, EMC storage, load balancers, app servers, back-up devices, disk mirrors and on and on. When I started my second company in 2005 we decided to do everything differently.

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The Entrepreneur’s Essentials #17: On failure and resilience

Austin Startup

Cotter bucks the flavor-of-the-day entrepreneurial stereotype: the college dropout popularized by both our own Michael Dell and recently Mark Zuckerberg and the great movie The Social Network. At the beginning of Bazaarvoice in 2005, the market risk was whether or not we could convince retailers to embrace both the positive?

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Companies raised too much money in 2005-08 and had high burn rates. Don’t spend like it’s 1999. Computing will be an order of magnitude more mobile 10 years from now, changing the way applications are delivered and the way we interact with our real social networks. And Social. tl;dr summary.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. There was no viral social networking products back then like Twitter where people could easily discover your content. I am very grateful to my friend Zoli Erdos for finding this retro posting for me at web.archive.org.

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Prevailing Wisdom

Mucker Lab

1999 – “The search engine game is over”. 2002 – “the social network fad is over”. 2005 – “Sales cycle is too long for software companies selling to government and educational sector”. 2011 – “There is no network effect in the enterprise software business; it’s not a category we invest in anymore”.

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