article thumbnail

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

Ben's Blog

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. First, as the below chart shows, IPO pops are not a new phenomenon. 44% 2001-2019 13.7%

SEC 36
article thumbnail

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

Steve Blank

This was a modern city in a hurry to make a first impression – think of what Rome looked like in the time of the empire or New York in the 1920’s – now it’s Beijing announcing that China has arrived. Car sales in China went from 1 million in 2001 to 14 million in 2011. In the U.S. Unlike the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Steve Blank

This was a modern city in a hurry to make a first impression – think of what Rome looked like in the time of the empire or New York in the 1920’s – now it’s Beijing announcing that China has arrived. Car sales in China went from 1 million in 2001 to 14 million in 2011. In the U.S. Unlike the U.S.

article thumbnail

Entrepreneurs are Everywhere Show No. 24: Drew Silverstein and Craig Kanarick

Steve Blank

Joining me in SiriusXM’s studio in New York were: Drew Silverstein , co-founder and CEO of the music technology venture Amper Music. After leaving Razorfish in 2001, Craig spent a year immersed in food, including a stint as a prep cook at Babbo, Mario Batali’s flagship restaurant. Drew Silverstein. Craig Kanarick.

article thumbnail

What Makes an Entrepreneur (4/11) – Resiliency

Both Sides of the Table

We had been working on a merger between BuildOnline and a competitor called iScraper. This was soon after the bursting of the dot com bubble – in early 2001. At BuildOnline we had brought one new investor to the deal – a Swiss/New York investor called ETF Group. .&# (quote via David Fishman ).

Germany 298
article thumbnail

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Founded by Michael Bruno in Paris in 2001, 1stdibs (*) is the world’s largest online marketplace for luxury one-of-a-kind antiques, high-end modern furniture, vintage fashion, jewelry, and fine art. Benchmark is an investor in Rover through a merger with DogVacay in 2017). annual GMV.

article thumbnail

The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

I flew from San Diego (where I was visiting for Thanksgiving) to New York to persuade investors to stick with us. The investors of our competitor agreed to a merger and we were going to raise $15 million between the two companies. Then I got engaged to be married in late 2001 and had the motivation to get really serious.