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Is the Lean Startup Dead?

Steve Blank

Massive liquidity awaited the first movers to the IPO’s, and that’s how they managed their portfolios. It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk.

Lean 335
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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. I have freed up so much of my time to focus on the important stuff.&#.

Warrant 333
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boldstart 2018 recap and what’s hot in enterprise 2019

BeyondVC

This year was a banner year as boldstart portfolio cos raised over $150mm of follow on capital from some of the top Series A and B investors (highlights below). This means more collaboration with the Fortune 500 and more go-to-market experience as our portfolio companies navigate their path to first customers.

Stealth 79
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Reading what was written and the VC age question

This is going to be BIG.

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". I also (as Fred describes us youngins) "work hard, put in ridiculous hours, are on top of all the latest trends, companies, technologies, etc.

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How Lemming VCs Cause Venture Recessions

Mucker Lab

Combined with the usual summer slowdown, some are already raising the spectre of 2001 or 2008. As a result, any public market downturn will immediately impact unrealized returns of the fund they are managing due to the late and growth stage companies in their portfolio. The “venture recession” of 2016 is in full swing.

Harvest 60
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Venture Capital Q&A Session

Both Sides of the Table

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). Tough, but true. Never cold.

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Take Five – Venture

VC Cafe

Another impact of the meltdown of the public markets is on performance, in LP and VC books which resulted in 68% of funds estimated to have marked down companies in their portfolio. In terms of TVPI, the total value to paid-in ratio used by fund managers to evaluate a fund’s performance, the median dropped 3.5%