Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. The top quartile funds have performed well.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Up and Running

AUGUST 18, 2014

If you’d still like to be running the company in 10 years time, you’re probably going to want to ensure that exit plan comes in the form of a steady revenue stream that allows you to pay off investors; an IPO instead of a buy-out; or simply opt for a different strategy – your own funds or private/government loans and grants.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Agile VC

MAY 23, 2012

The End of “Internet” Companies. Al Gore's 2012 Induction to the Internet Hall of Fame. I’m not sure whether it’s 10 years from now or 50 years from now, but at some point in the medium to long term future we’ll cease talking about “internet” companies in any meaningful sense.

Internet 182

Internet Silicon Valley IPO Seed Stage 182

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). is the leading consumer internet company with Terry Semel as CEO. Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. And obviously all the liq prefs went away in the IPO when pref stock converted to common.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

JANUARY 31, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Feld Thoughts

AUGUST 14, 2018

I spent the weekend with a friend from the last 1990s who was the lead banker on the Interliant IPO (I was a co-founder and co-chairman.) If you like to read IPO prospectuses, here’s the final S-1 filing after INIT went effective and started trading on July 8, 1999. My first moment with this was Black Monday in 1987.

Prospectus 80

Prospectus IPO Cofounder Internet 80

Hearpreneur

MAY 15, 2016

No one was catering to the thousands of parents that were taking to the internet instead of the yellow pages or your neighbor’s recommendation. Prior to founding Rukkus, I was a quantitative analyst at Goldman Sachs where I was a member of the advisory team for the Ticketmaster/Live Nation merger as well as the Groupon IPO.

Entrepreneur 48

Entrepreneur SEO Web Merger 48

Startup Professionals Musings

FEBRUARY 19, 2012

Entrepreneurs love the art of the start. Initial Public Offering (IPO). But since the Internet bubble burst in the year 2000, the IPO rate has declined every year until 2010, and is now at about 15%. Even lifetime entrepreneurs can decide that enough is enough. You retain ownership and enjoy the annuity.

Exit Strategy 241

Exit Strategy Initial Public Offering IPO Startup 241

500hats.com

AUGUST 2, 2012

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.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Startup Professionals Musings

JANUARY 5, 2011

Entrepreneurs love the art of the start. Initial Public Offering (IPO). But since the Internet bubble burst in the year 2000, the IPO rate has declined every year until 2010, and is now at about 15%. Even lifetime entrepreneurs can decide that enough is enough. You retain ownership and enjoy the annuity.

Exit Strategy 231

Exit Strategy Initial Public Offering Startup IPO 231

Reid Hoffman

MARCH 19, 2019

Tim O’Reilly’s recent article, “ The fundamental problem with Silicon Valley’s favorite growth strategy ,” makes an impassioned argument that the ideas in our book, Blitzscaling , encourage entrepreneurs to behave in ways that are irresponsible or even dangerous in the pursuit of what he characterizes as “runaway growth.”

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Both Sides of the Table

JANUARY 22, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

The Equity Kicker

AUGUST 24, 2012

You can see from the chart below that the share prices of high-profile internet companies Facebook, Groupon, and Zynga are down 48-60 per cent over the last three months. Secondly, many of the problems are limited to one aspect of the start-up ecosystem: late-stage funding for some consumer internet companies.

IPO 101

IPO Valuation Silicon Valley Venture Capital 101

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. Thank you, Aaron Sorkin! The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Growthink Blog

DECEMBER 27, 2010

Simply reduce regulation and taxes on small business investment and watch America’s entrepreneurs create all of the jobs America needs and more. #6. Support your Local Neighborhood IPO. IPO volume since 2000. The funny thing is that the Internet has made it EASY for small businesses to compete and win around the world.

Entrepreneur 92

Entrepreneur IPO United States America 92

The Equity Kicker

APRIL 22, 2016

This less qualified player brings more reckless execution which drags even the best entrepreneur onto an especially sloppy playing field. I first noticed it in late 2000 when the fund I was working for was invested in one of six high profile and highly funded enterprise portal businesses. This threatens returns for all involved.

Burn Rate 60

Burn Rate IPO Valuation Mobile 60

David Teten

APRIL 1, 2011

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

Private Equity 68

Private Equity Merger IPO Equity 68

Startup Lessons Learned

SEPTEMBER 10, 2008

He wrote it in 2000, and as far as I know has never updated it. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Two Ways to Hold Entrepreneurs Accountable (for Ha.

Software Review 144

Software Review Technical Review San Francisco Continuous Deployment 144

Both Sides of the Table

DECEMBER 13, 2010

Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses. Andersen had lost its long-time CEO, George Shaheen, was hemorrhaging staff and wasn’t exactly known as being an Internet pioneer. I love that.

Turkey 302

Turkey Differentiation IP Technical Review 302

Seeing Both Sides

APRIL 10, 2011

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. This IPO and others like it (e.g.,

IPO 48

IPO IRR Brazil Government 48

Seeing Both Sides

AUGUST 3, 2012

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. Many people know Akamai as the purveyor of the Internet’s backbone.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

ReadWriteStart

NOVEMBER 16, 2010

I have focused this as advice to entrepreneurs building enterprise software ventures today. The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). He started in online publishing before the Internet (with Prestel in 1980!).

Software 127

Software Startup Architecture Bootstrapping 127

Agile VC

JULY 11, 2012

Burr, Egan, Deleage [Boston] –> Huge wins in the 1980s and early 90s included Continental Cablevision (sold for $5.3B – now a big chunk of what is Comcast), Qwest Communications, Cephalon (biotech IPO, acq by Teva), and Powersoft (Burr, Egan made 35x when it went public and then was acquired by Sybase). Read More ».

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Austin Startup

MARCH 7, 2021

It’s like a dam has broken and now there is a flood of new entrepreneurs, investors, and big companies moving to Texas. 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.) they are all chasing talent.

Texas 90

Texas San Antonio Houston Dallas 90

online.wsj.com

JULY 11, 2012

The Wall Street Journal is phasing out support of the Internet Explorer 6 (IE6) browser. Internet Explorer. Andreessen Horowitz is telling entrepreneurs it prefers situations where the founders have controlling stakes, reckoning that theyll be better able to resist outside distraction and focus on making great products.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Startup Lessons Learned

SEPTEMBER 8, 2009

As a result, sitting here on this plane, Ive been pondering what message I want to deliver on behalf of startups and entrepreneurs. So heres my simple question: What do folks in Washington need to know about the global community of entrepreneurs? So what are good entrepreneur-friendly policies? Thanks guys!) Amen to this topic!

DC 90

DC Washington San Francisco SBIR 90

Agile VC

APRIL 13, 2012

And going even further back there have been a few random ones have been built before like Salesforce.com and e-tailer RedEnvelope (IPO’d in 2003 though now defunct as a company). If my memory serves me, <10% of our pre-IPO employees at PayPal lived in SF and literally 1 of the first 40-50 folks at LinkedIn were city-dwellers.

Silicon Valley 185

Silicon Valley San Francisco San Jose Startup 185

Startup Lessons Learned

JUNE 9, 2020

This was supposed to be Airbnb's biggest year by many measures, including its IPO, which was one of the most anticipated since the 2008 financial crisis. 20:32) On believing in the internet as an immune system, then learning it's not and taking responsibility.(22:55) So you want to be an entrepreneur, huh? I am Eric Ries.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

online.wsj.com

SEPTEMBER 23, 2012

An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The results were similar when he examined data for companies funded from 2000 to 2010, he says. Stock Quotes. more in Small Business. Find New $LINKTEXTFIND$ » smaller. link] [link] --> By DEBORAH GAGE. Live Chat Recap.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Ben's Blog

MAY 24, 2021

IPO market. There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. In the first quarter of 2021 alone, SPACs raised $87.9

SEC 36

SEC Accredited Investor IPO Technical Review 36

Scalable Startup

FEBRUARY 1, 2013

And now all of a sudden you have got this global market of all these early adopters that have smartphones connected to the Internet, and they can just pick up their things and run with them. So it would seem like they are an antidote to, or at least less offensive than, social/consumer Internet companies are to the public markets.

Software Review 22

Software Review Startup Venture Capital Stock 22

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. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why. 10 Blogging Tips.

Software Review 217

Software Review Startup Venture Capital Technical Review 217

Scalable Startup

MAY 16, 2015

By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close. Consulting Google, the oracle of the Internet, indicates that there is little in the way of consensus regarding the possibility of a tech boom/bust scenario playing out in the near term.

San Francisco 20

San Francisco Silicon Valley California Oakland 20