Both Sides of the Table

JUNE 22, 2011

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. New investors hate down rounds. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. That’s a fact.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Scalable Startup

FEBRUARY 1, 2013

To bring out a new technology for consumers first, you just had a very long road to go down to try to find people who actually would pay money for something. And that’s why you see these — you see it in the startup world, you see three or four kids with laptops who are able to go do amazing things on a global scale for no money.

Software Review 22

Software Review Startup Venture Capital Stock 22

Altgate

MARCH 8, 2009

Later stage funds will end up owning more of their portfolio companies via down rounds and ultimately should see ok returns. The later stage guys may see a pickup about the same time as the Series A guys but I suspect it will take longer (like the recovery after the 2000 crash). Also, the $1.5

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34