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The Great Internet Stock Correction of 1997, or 1999, or …

Feld Thoughts

In the last two weeks there’s been a flurry of articles about the implications of a 25% decline in the public market value of a bunch of Internet stocks. We probably had about $150m committed and were running around trying to get to $300m for what we had positioned as a dedicated Internet VC fund. It’s great.

Stock 140
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Why product now trumps distribution – a framework

The Equity Kicker

Hat tip to Ben Thompson of Stratechery for the inspiring this post with his article on Selling feelings. Back in 1999 when I got my first job in the venture industry I remember having a debate with my boss about the relative importance of product and distribution for startups. Takeaways for founders. He was right.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

it is also the title of a fabulous book from Internet 1.0 by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. I wanted to call out special attention to valuation in this debate.

Burn Rate 383
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Start-ups are all Naked in the Mirror

Both Sides of the Table

I started my first company in 1999 in London at the height of the dot com craze. We went through the euphoria of massive exposure at the time of our launch due to an article that ran in the Financial Times. Reach out to the founders, not the staff. Building companies is hard work. We were unprepared. We were hot.

PR 331
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In Silicon Valley, Founders Fight for Control

online.wsj.com

The Wall Street Journal is phasing out support of the Internet Explorer 6 (IE6) browser. Internet Explorer. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com. Order a reprint of this article now.

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How To Predict The Future

Feld Thoughts

In the mid-1990s, a good friend of mine, Gene Kim (founder of Tripwire and author of When IT Fails: A Business Novel ) and I were in graduate school together in the Computer Science program at the University of Arizona. The same spreadsheet also predicted we’d see a music downloading service in 1999 or 2000. But I digress…).

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Former Head of Microsoft Israel Dreams of Billion Dollar Israeli Startups

VC Cafe

In this post I break down an article by TheMarker.co.il He worked his way up the corporate ladder; in 1998 he became VP of the Digital TV platform strategy, which did not pan out, and in 1999 he found an opportunity in Microsoft Internet (MSN) international.