2001, Internet, IPO and Venture Capital

Is the Lean Startup Dead?

Steve Blank

SEPTEMBER 5, 2018

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. IPOs dried up. After the crash, venture capital was scarce to non-existent.

Lean

Lean Burn Rate Startup IPO

Praying to the God of Valuation

Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? It was 1991.

Valuation

Valuation San Francisco Ratchet Liquidation Preference

Can You Trust Any vc's Under 40?

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley

Silicon Valley IPO Technical Review Venture Capital

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

JUNE 22, 2011

The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue! And this is happening in mezzanine (pre-IPO) deals as well. And post IPO deals, although these tend to correct more quickly. and profits!

Saudi Arabia

Saudi Arabia Valuation IPO Technical Review

New Rules for the New Internet Bubble

Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit.

Internet

Internet IPO Silicon Valley Agile

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

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. Here’s my take: 1.

LP

LP Technical Review Early Stage Silicon Valley

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

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. venture capitalists invested $26.5

Silicon Valley

Silicon Valley China Venture Capital Merger

The IPO Market: Is Larry Bird Walking Through that Door?

Growthink Blog

MAY 14, 2012

Because golly, when it comes to the IPO market and public market returns in general, help is needed in a big way. Since the Internet bubble burst in 2001, the number of IPOs hasn’t recovered to even 1980s levels. For perspective, before 2001 over 40% of all venture capital exits were via initial public offerings.

IPO

IPO Private Equity Initial Public Offering Balance Sheet

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

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. venture capitalists invested $26.5

Silicon Valley

Silicon Valley China Venture Capital Merger

VC Evolution: Physician, Scale Thyself.

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley

Silicon Valley Early Stage Venture Capital Valuation

JOBS Act to Change Startup Funding Landscape

ReadWriteStart

APRIL 2, 2012

IPOs by year, 1980-2011, with pre-IPO last 12-month sales less than (small firms) or greater than (large firms) $50 million (2009 purchasing power). The real truth is, since the "Internet bubble" burst in 2001, initial public offerings have not resumed the vitality levels of the late 1980s, let alone the boom years of the '90s.

IPO

IPO Startup Florida Seed Capital

Bullpen Capital's Duncan Davidson on VC Funding and "The Era of Cheap"

ReadWriteStart

APRIL 26, 2012

In an interview with ReadWriteWeb, Davidson explains how the latest industry to receive the disruption treatment has been the venture capital business itself, with the epicenter of the quake right around San Francisco. There used to be the Four Horsemen of the IPO world, back in the '80s and '90s. Number of U.S.

IPO

IPO Stock San Francisco Lean

Interview with eFounders

Cracking the Code

JANUARY 19, 2016

I began my career at McKinsey and when the Internet bubble burst in 2001, I made a shift towards online software (ASP at the time). They also need VCs capable of financing their entire life cycle — on average, SaaS startups raise between $80 and $100 million before an IPO.

API

API Silicon Valley Europe Differentiation

Is the Unicorn Endangered or Extinct?

Professor VC

FEBRUARY 12, 2015

With companies remaining private much longer today, most of the value appreciation is pre-IPO. Former students who are readers of this blog may recall the Amazon IPO case from Entrepreneurial Finance class. Kleiner got a markup of approximately 12X at the IPO. bubble IPO unicorn valuation venture capital'

Las Vegas

Las Vegas IPO Pre-Money Valuation Valuation

Bubble Trouble? I Don’t Think So

Ben's Blog

MARCH 24, 2011

Let’s look at public market comparables and venture capital flows to see if we can find a match. Venture capital flows. A basic driver for a private technology market bubble is the over-supply of venture capital into the sector. If too much venture capital hits the streets, valuations will bubble up.

Technical Review

Technical Review Venture Capital Valuation Database

In Silicon Valley, Founders Fight for Control

online.wsj.com

JULY 11, 2012

The Wall Street Journal is phasing out support of the Internet Explorer 6 (IE6) browser. Internet Explorer. Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. An important message from The Journal. Apple Safari. Google Chrome.

Silicon Valley

Silicon Valley Founder Software Review Technical Review

On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets

Ben's Blog

MAY 24, 2021

. “…thank you very much for the opportunity to submit written testimony regarding capital formation and the state of the U.S. IPO market. billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St.

SEC

SEC Accredited Investor IPO Technical Review

Spolsky on Software on Both Sides of The Table

Both Sides of the Table

MAY 7, 2011

Free email providers (like gmail or hotmail) didn’t exist, and you had to pay a separate fee to dial up companies like AOL to access the internet. Eventually, Juno provided free access to browse the internet in addition to sending email. The experience was paid for by placing ads at the bottom of your internet browser.

Software Review

Software Review Software St. Louis API

StartUpRoar

Is the Lean Startup Dead?

Praying to the God of Valuation

Trending Sources

Can You Trust Any vc's Under 40?

On Bubbles … And Why We’ll Be Just Fine

New Rules for the New Internet Bubble

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

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

The IPO Market: Is Larry Bird Walking Through that Door?

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

VC Evolution: Physician, Scale Thyself.

JOBS Act to Change Startup Funding Landscape

Bullpen Capital's Duncan Davidson on VC Funding and "The Era of Cheap"

Interview with eFounders

Is the Unicorn Endangered or Extinct?

Bubble Trouble? I Don’t Think So

In Silicon Valley, Founders Fight for Control

On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets

Spolsky on Software on Both Sides of The Table

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