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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.

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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.

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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.

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The Decade in Tech

Start Up Blog

It’s pretty easy to forget how much a new technology changes our lives once it’s adopted. Sure, some new technologies are like shooting stars, but some change everything forever. Why it mattered: An open and fair internet took a massive hit when Facebook bought Instagram. I liken it to the dot-com bubble of 1999.

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It’s Morning in Venture Capital

Both Sides of the Table

In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million. By the end of 2011 the Internet population was estimated at 2.3 billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population. Today we’re online 3.1

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

I believe that this is a major new area of growth & innovation for the Internet as Cloud Services start to form deeper & richer layers. I mention this because I believe the layered metaphor for technology development has served our industry well and even if you aren’t technical it’s an important concept for you to grasp.

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How To Predict The Future

Feld Thoughts

There seem to be two schools of thought on how to predict the future of information technology: looking at software or looking at hardware. We needed improvements in video compression and in TCP/IP – the underlying protocol that essentially runs the Internet. Napster arrived in June, 1999. But I digress…).