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The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

Mine started this way … I started my first company in the “go-go years&# of the Internet: 1999. We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. We were now set to close at $46 million in new capital. We were based in London.

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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

While not 1999 all over again but I am observing first-hand the signs of funding frenzy. trillion out of our homes and spent 2/3rds of it on flat screen TVs, trips to Hawaii, time shares, Apple products and everything else we couldn’t afford. I’m a venture capital investor so I will still be looking to make investments.

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Boom and Bust and What Comes Next

Scalable Startup

A brief entry further down the page from the open source, pseudonymous online journal Zero Hedge (tagline: “On a long enough timeline the survival rate for everyone drops to zero”) points out that of the tech companies that went public in often wildly lucrative IPOs in 2013, 73 percent have never turned a profit, compared to 27 percent in 1999.