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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. So money spent should add equity value or create IP that eventually will.

Burn Rate 383
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How To Predict The Future

Feld Thoughts

We needed improvements in video compression and in TCP/IP – the underlying protocol that essentially runs the Internet. I looked at the future predictions for “modem speed” (as I called it back then, today we’d called it internet connection speed or bandwidth). Napster arrived in June, 1999.

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Consider Emerging Markets for Your Global Expansion

Transformify

Fintech businesses have been thriving in Brazil in the last 10 years as more and more people have access to internet and cheap smartphones that give them access to mobile payment apps. Russia's GDP grew exponentially between 1999 and 2008, driven mostly by oil exports as well as a surge in oil prices.

Global 95
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An Open Letter to Startup Founders Everywhere in a Time of Crisis

David Cohen

In 1999, we sold that business and I started angel investing. In 2000, the Internet bubble burst. Other startups will fail, and you can acquire their talent, their IP, their customer bases for cheap. I didn’t really see how it would affect me. By 2002 the NASDAQ had fallen by nearly 80%. Starting a tech company after this?

Founder 174
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Why the Browser Matters

Ben's Blog

Before my partner Marc Andreessen and his friends at the University of Illinois invented the browser in 1993, most people thought only scientists and researchers would use the Internet. The Internet was thought to be too arcane, insecure and slow to meet real business needs. The implications of the propriety vision were not good.

CTO 78
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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
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The Long-Term Value of Loyalty

Both Sides of the Table

That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers. I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). They seed funded my second company and even let me buy some IP in exchange for debt to get started.