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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). Starting in 2009 I began writing checks consistently, year-in and year-out.

Valuation 466
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Pandemic, Boom, War, Correction. So Now What for Tech?

View from Seed

Comparisons have been made to the two most recent significant pull-backs of the dot com crash in 2000-2001 and Great Recession of 2008-2009. . Even in a sustained downturn, tech is likely to be a driving force of economic productivity improvements rather than the proximate cause of recession (as in 2001).

Ukraine 156
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Ecommerce: How to Survive its Troughs

ReadWriteStart

The rise of ecommerce started in 2001 – during the growth of the commercial availability of the internet in households. The breakthrough here is how smaller online shops found a platform that helped them reach the global market and be a part of this new rising phenomenon. The Rise of Ecommerce.

eCommerce 152
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Covid-19: Senator Bill Frist, M.D. Second Opinion Podcast

Feld Thoughts

Dr. Schuchat played key roles in CDC emergency responses including the 2009 H1N1 pandemic influenza response, the 2003 SARS outbreak in Beijing, and the 2001 bioterrorist anthrax response. She joined CDC as an Epidemic Intelligence Service officer in 1988.

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The Three Crises

Feld Thoughts

In addition, these are both localized (in a community), at a state level, a national level, and a global level. I was decimated in the collapse of the Internet bubble and had an extremely rough business experience from 2001 – 2006 (which I lovingly refer to as “The Grind”). Yeah – that’s a lot.

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Denouement

View from Seed

2009-2011: Retrenchment. The world is experiencing a global economic crisis of a proportion most living people have never witnessed. Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession.

IPO 202
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10 of the Most Successful Investors of the Last 10 Years

The Startup Magazine

The global financial crisis started in 2007 and it went on for much of 2008. Belnick founded BizChair.com with $500 in 2001. He invested in a new division in his company in 2009 and has expanded significantly since then. He started it in 2009 with 10 employees and sold it to Susino Umbrella in 2014. Source: Pexels.

Cofounder 141