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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

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. Partners leave the industry. The music stops.

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Does the Size of a VC Fund Matter?

Both Sides of the Table

It’s also meaningless if they had four $200 million funds and the last one they closed was in 2000. Unfortunately over the period of 2000-2010 the VC industry hasn’t performed well and therefore the number of funds going forward is likely to reduce greatly. And funds also have investments from the partners of the firm.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

Marketing and sales spend is nil, so there has to be a reason it spreads by word of mouth, ideally virally as a natural result of using the product itself. $10/mo ” Big companies can buy it without much consideration, but small companies need to understand the value, so you might need sales material to convince them, and a demo.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

This led to iRobot’s sale of more than 4,000 PacBot robots that perform perilous missions (like bomb disposal) in support of soldiers and first responders in combat. In 2000, when a slowdown in the industry forced a sharp refocusing of the company’s efforts, UEC enlisted the SBDC in helping expand into federal contracting.

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Scaling Sales: From Craft to Machine

Seeing Both Sides

I''ve been thinking a lot lately about scaling sales. . Before this occurs, the sales process is a craft or an art - custom-made by the founder or evangelist sales VP. How do I build a repeatable, scalable sales process that is like an industrial machine - not a crafts project? 1) Enterprise Sales.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. I had previously raised VC in 1999, 2000, 2001 and 2005. The managing partner of the firm called me the next day. My blog was wiped out. And covered we did. Thus is venture capital.

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The Formula

Feld Thoughts

He described his new business in the words of his last successful business, which exited in 2000. I have no idea what he’s done between 2000 and 2012 – he didn’t go into it, but he used his 1996 – 2000 experience to explain why his new business was going to be great. VCs use The Formula constantly.