Remove 2000 Remove 2001 Remove Distribution Remove Engineer
article thumbnail

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. Between 2001 to 2008, Jobs reinvented the company three times. 16 years later it’s just another software company.

Azure 120
article thumbnail

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. Between 2001 to 2008, Jobs reinvented the company three times. 16 years later it’s just another software company.

Azure 120
Insiders

Sign Up for our Newsletter

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

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. August 1995 – March 2000: The Dot.Com Bubble. 2001 – 2010: Back to Basics: The Lean Startup. The world of building profitable startups ended in 1995.

Internet 334
article thumbnail

Returns for brand-name VC funds

finance.fortune.cnn.com

FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001.

Naming 49
article thumbnail

VC Evolution: Physician, Scale Thyself.

500hats.com

While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago. In the past ten years there have been several dramatic changes in venture capital.

article thumbnail

The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient

Pascal's View

ii. Bubble period 1996-2000 totals $243.6 iii. Post bubble period 2001-2009 totals $218.2 This enabled consolidation among the brokerage houses and banks, which led to the loss of multiple distribution channels for securities and reduced the ability for small players to survive. 80% of IPO’s <$50MM. cents or 6.25

Equity 31
article thumbnail

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. In 2000, Eric Baker and Jeff Fluhr founded StubHub , a secondary ticket exchange marketplace. annual GMV. As a result, productivity naturally improves.