article thumbnail

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.

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.

Insiders

Sign Up for our Newsletter

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

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
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

In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

By 1999 we had grown into the largest independent consulting firm in the world. By 1999 it seemed like everybody was growing, though. Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses.

Turkey 302
article thumbnail

A Heart Surgeon and an Internet Marketer: Interview with Dr. Mani

Life Beyond Code

Dr. Mani is also an Internet Marketer. While I have not seen any other heart surgeon who is an Internet Marketer, Dr. Mani is more special than that. He sets aside part of the profits from his Internet Marketing initiatives to help young children with congenital heart diseases. Dr. Mani is a heart surgeon. MS: One word.

Internet 106
article thumbnail

Hyperlocal Marketing: A Tried And True Method For Successful Online Marketing

YoungUpstarts

These companies that own these websites spend billions of dollars on advertising and are regularly visited by the most Internet users. Before television, radio, and the Internet, advertisements were placed in local newspapers and pinned to bulletin boards in shops around town and your county.