In all the posts over the past year or so outlining my thoughts on the financing and valuation environment in the internet sector, I've avoided using the word Bubble. For me Bubble will always be inexorably linked to what went down in 1999 and 2000 in the internet sector. It is intentional. do not think we are in a Bubble per se. MORE >>

That question comes from sky-high valuations for companies such as Zynga, Facebook or Twitter, and from the apparent ease with which new startups with barely more than a trendy name, seem to be able to raise angel money. The press frenzy about easy money is certainly creating a gold rush, just like 1999. Uncategorized bubble MORE >>

Let’s assume that the company raised it at a normal VC valuation, which means it gave up 33% of the company and thus $5 million / 33% = $15 million post-money valuation.  It was 1999. This is part of my Startup Advice series. I usually pull the old trick of answering a question with a question.  Let’s face it.  MORE >>

The trend of funding anything from the first $25k to funding $50 million at a billion+ valuation is unlikely to last as the skills and style to be effective at all stages are diverse enough to warrant focus. When I built my first company starting in 1999 it cost $2.5 Rewind. million in infrastructure just to get started and another $2.5 MORE >>

If you take a snapshot during an extraordinary surge in valuations, M&A activity, IPOs and thus wealth creation you’d echo John Doerr’s famous quote from 1999 that, “The Internet is the greatest legal creation of wealth in history.&# Overnight success. It’s If you were reading the headlines from only 2.5 MORE >>