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Be Careful not to be Penny Wise, Pound Foolish

Both Sides of the Table

We went “nuclear&# and slimmed down to 33 people (yes, I know, still large by today’s standards but this was 2001), raised $10 million and we built a real company. I learned everything I know about startups in these lean years: 2001-2004. Even better if he/she can double as a VP Operations & HR.

Warrant 333
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VC Evolution: Physician, Scale Thyself.

500hats.com

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. Why bother with all the extra costs, people, programs, etc?

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. Ryan was my savior when it came time for questions on how SOLR clustering works, why Postgres was more suitable to us than MySQL and why aspect-oriented programming was delivering us benefits in the development process. I look forward to the next phase of our business.

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Debating the Tech Bubble with Steve Blank: Part I

Ben's Blog

In 2001, Stewart Butterfield abandoned plans to build a massively multiplayer online game (MMOG) after costs became too great; he built photo-sharing service Flickr instead. Because Stewart’s programmers are ten times more productive than they were in 2001 due to massive advances in programming language technology.

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My story and support for the Founders Visa

K9 Ventures

I completed my Bachelors in 3 years (another story for another time) and so was able to go directly into a professional Masters program (also at Carnegie Mellon) and complete a masters degree without having to apply for a new visa. Fortunately, I was accepted into the program and that allowed me to legally stay in the United States.

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Working for Equity Instead of Cash

genylabs.typepad.com

I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation. The best start-up I ever invested in went bankrupt in 2001. This prevents automated programs from posting comments. Please try again.

Equity 40
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Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

If there ever was any question about the value of China’s Torch Program walk around Zhongguancun. If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Car sales in China went from 1 million in 2001 to 14 million in 2011. China Venture Capital. innovation in the U.S.