2000 Angel Investor Internet Syndication 
Austin Startup
MARCH 7, 2021
In short, the first wave of internet companies were widely distributed and brought people online (AOL in Virginia, Microsoft in Albuquerque and Seattle, Dell in Austin, etc.) In 2000 or 2010, it made sense to build in San Francisco.
David Teten
NOVEMBER 15, 2013
Angel investors earn higher returns than small VCs, who in turn earn higher returns than large VCs, let alone most other asset classes. This option-based valuation methodology can also be used to explain the early 2000 internet/telecom bubble in the public markets.
SoCal CTO
AUGUST 3, 2010
SaaS 101: 7 Simple Lessons From Inside HubSpot - OnStartups , July 19, 2010 It’s been a little over 4 years since I officially launched my internet marketing software company , HubSpot. Though this was 2000 , and all startup & VC blogs we've grown to love didn't exist yet, I did have mentors available.
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