article thumbnail

Back In The Filtering Game: Entrepreneur Drawn by The Siren Call Of The Startup

YoungUpstarts

In 1999, my brother Aaron and I started InternetSafety.com. It seemed as though venture capitalists were throwing money at any Internet idea they could find – no business plan required. Our idea was to build a dial-up Internet service to compete with AOL, MindSpring and EarthLink. I am now neck-deep in Startup No. 9, FilterSnap.

article thumbnail

Praying to the God of Valuation

Both Sides of the Table

The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. There was no money train.

Valuation 466
Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Just because you would have loved to have your groceries picked out and delivered, doesn’t mean the mainstream customer was ready for Webvan in 1999. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive.

article thumbnail

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.

Stock 140
article thumbnail

Think you’ve got a strategy to enter the Chinese market? Think twice

The Next Web

Yu Yongfu is the chairman and CEO of UCWeb , whose mission is to provide a better mobile Internet experience to billions of users around the world. Yu graduated from Nankai University in 1999 with a bachelor’s degree in economics. The biggest mistake most US entrepreneurs make right off the bat is in thinking of China as one market.

China 128
article thumbnail

6 Ways To Doom Your Startup Despite A Great Solution

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Just because you would have loved to have your groceries picked out and delivered, doesn’t mean the mainstream customer was ready for Webvan in 1999. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive.

article thumbnail

Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.