Remove 2001 Remove Internet Remove Marketing Remove Portfolio
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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

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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. So the people who invest in VC funds have two problems.

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Reading what was written and the VC age question

This is going to be BIG.

We box shadows--especially on the internet. meet with tons of companies every week, work hard for their portfolio companies, and are on planes flying around to the important confereneces and demo days". he's only been in venture for two years and only through one market, an up one!" How many times do we do that?

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Take Five – Venture

VC Cafe

billion in 2,251 deals during the second quarter through June 15, versus about $70 billion in 3,369 deals in the first quarter • Declining valuations: In the secondary market for private equity, 55% of the equity offered for sale in May was offered at a discount to the companies’ valuations per share, compared with 47% in March and 35% in January.

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Debating the Tech Bubble with Steve Blank: Part I

Ben's Blog

So it looks like the market leaders are trading closer to recession multiples than bubble multiples. This has to do with adoption rates; this period seems about right for the oldest cohorts (less likely to adopt new technologies) to die off and for younger cohorts (quickest to use new technologies) to enter the market.

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Can You Trust Any vc's Under 40?

Steve Blank

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. While there was an occasional bad apple, the public markets rewarded companies with revenue growth and sustainable profits. What Do VC’s Do?

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VC Evolution: Physician, Scale Thyself.

500hats.com

While institutional LPs know big changes are happening, most focus too much on 1) increasing/decreasing fund size or 2) marketing + branding as the major trends. These two divergent groups have optimized for very different market conditions and behaviors. This is a long piece, so if you’re not a fan of inside baseball, skip it.