Feld Thoughts

SEPTEMBER 24, 2017

That perfectly describes how 2001 felt to me. In 2001, I was on the board of four public companies (and was co-chairman of two of them which I had been a co-founder of.) Sometime in the spring of 2000, all of them hit their peak stock price. My moment of capitulation came sometime in the early summer of 2001.

Internet 129

Internet Cofounder Stock Entrepreneur 129

Both Sides of the Table

SEPTEMBER 10, 2021

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Steve Blank

OCTOBER 24, 2016

Between 2001 to 2008, Jobs reinvented the company three times. Each transformation – from a new computer distribution channel – Apple Stores to disrupting the music business with iPod and iTunes in 2001; to the iPhone in 2007; and the App store in 2008 – drove revenues and profits to new heights.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

Between 2001 to 2008, Jobs reinvented the company three times. Each transformation – from a new computer distribution channel – Apple Stores to disrupting the music business with iPod and iTunes in 2001; to the iPhone in 2007; and the App store in 2008 – drove revenues and profits to new heights.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

YoungUpstarts

SEPTEMBER 25, 2012

Is the entire sector destined to a sudden and quick demise, similar to the dot-com bust of 2001, with widespread stock market collapses and mass layoffs? A growing number of skeptics are openly talking of a ‘high tech bubble’.

Technical Review 170

Technical Review United States Software Review China 170

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. What accelerated this was the collapse of the public stock markets.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Your firm worked with an investment banking firm that underwrote and offered stock (typically on the NASDAQ exchange) to the public.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. And so forth.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

VC Cafe

JULY 4, 2022

Venture Capital Feels the Stock Market’s Pain, Wall Street Journal. The Economist talked about “ Venture capital’s reckoning “ and why despite the crisis in the market, and the large number of layoffs in the market, this crisis will not be like the dot com bust in 2001. VC funds invested about $47.5

Venture Capital 167

Venture Capital Valuation Private Equity LP 167

Babbling VC

AUGUST 10, 2011

OK, hands up, who's truly surprised by the drop in the stock markets or the postponed tech IPO's or even the upcoming slowdown in venture financing? If you're a private investor in stocks, you better get ready for a financial beating unless you sold everything a couple weeks ago. . No really, who is surprised? What is the reality now?

Germany 76

Germany Stock IPO Valuation 76

Both Sides of the Table

JUNE 22, 2011

But when it’s all over and they define the era of this mini run up in stock prices I suspect they’ll include 2011 in the “over valued&# category. An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe. That may be.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Berkonomics

APRIL 1, 2021

Green Dot Corporation was formed by an entrepreneur in the year 2001 to create a product to permit those without credit cards to purchase items on the Internet. And we who held early stock celebrated together the ringing of the NYSE opening bell the day that often-pivoting company went public. first appeared on BERKONOMICS.

Green 62

Green Stock Internet Web 62

The Startup Magazine

NOVEMBER 13, 2018

Belnick founded BizChair.com with $500 in 2001. He runs a hedge fund focused on consumers and industrial stock. What have entrepreneurs been up to since then? Well, here is a comprehensive list of 10 of the most successful investors of the last 10 years. Source: Pexels. Sean Belnick. He was 14 years old at the time. Peter Gylfe.

Cofounder 142

Cofounder Venture Capital India Valuation 142

OnlyOnce

JUNE 23, 2022

And yet there are days and circumstances that feel like 2001 or 2009. Yes, inflation is high, the stock market is down, and interest rates are creeping up. There are days and circumstances where everything feels normal. Plenty of businesses, especially in the tech sector, are kicking ass. It’s tough to navigate as a startup CEO.

Europe 62

Europe Stock Revenue Global 62

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g. The best MBA class I took was an investment strategy class. overvalued) and sell when the fall precipitously.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

YoungUpstarts

JANUARY 13, 2013

He started his business from scratch and grew it into a public-listed company on the Singapore Stock Exchange in 2001. He was the Executive Chairman and CEO of the Company, overseeing all activities of the Group including managing the growth and providing strategic directions.

Singapore 203

Singapore Cofounder Acquisition Stock 203

Feld Thoughts

AUGUST 5, 2011

This one is more specific than “ignore the macro economy&# – instead, it’s “ignore the Dow and the stock market and get back to work on your business.&#. In 1999, 2000, and 2001 I had a my.yahoo.com page up with a bunch of stocks, including a number of companies I was an investor in, as my home page.

Stock 155

Stock Entrepreneur Chicago Finance 155

This is going to be BIG.

DECEMBER 2, 2014

My godfather got me IBM stock right after that, so that''s how I knew that a stock market and investing existed. I started a business newspaper in 1998 in college covering the stock market and the economy. I got my first job in venture--at GM--in February 2001. I got my first job in venture--at GM--in February 2001.

Venture Capital 110

Venture Capital Stock Naming Technology 110

Feld Thoughts

OCTOBER 23, 2016

. “Analysts expect competing Internet and entertainment companies to seek similar deals in hopes of keeping pace with AOL and Time Warner, and some of those stocks also got a lift Monday. 1/4 on the Nasdaq Stock Market.” 2001 – 2002 was the collapse to the Trough. Disney jumped $4.81 1/4 to $35.93 rose $7.31

Merger 70

Merger Stock Internet America 70

Ben's Blog

JUNE 18, 2011

Here is a telling statement from an analyst on Apple’s most recent quarter: Apple’s stock price to earnings ratio has dropped to 16.72. 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.

Technical Review 76

Technical Review Software Review Valuation Internet 76

genylabs.typepad.com

SEPTEMBER 24, 2011

I often take stock in lieu of cash. I have a file drawer full of worthless stock certificates and I continue to add to it. Not all start-up stock is created equally. what kind of stock you are getting. where your stock sits in the liquidity preference stack. what kind of stock you are getting.

Equity 40

Equity Technical Review San Jose Stock 40

Startup Lessons Learned

JUNE 22, 2020

The Economic Antidote to COVID-19 Eric Ries & Ryan Beck In 2001, Apple's revenue fell by 33% in the depths of the dotcom bust. In a public market stock issuance, all investors are treated equally – the share price is the same regardless of how the purchaser might affect the future prospects of the business. The rest is history.

Silicon Valley 60

Silicon Valley Equity Stock Finance 60

Feld Thoughts

OCTOBER 30, 2014

He had just read my post on being uncomfortable with the phase of the current cycle and told me an anecdote from the great Internet bubble of 2001 that I hadn’t heard. In it, he talks about how he handles public company stocks that he ends up with either via an IPO or a sale of a company he’s involved in to a public company.

Valuation 143

Valuation Stock Angel Investor IPO 143

YoungUpstarts

MAY 16, 2018

This company was found in year 2001 under the trademark of Admiral Markets. It is a global currency dealing company which provides services for trading stocks, metals, currencies, etc. Forex trading company is for currency trading throughout the world with more convenience and accessibility. User friendly.

Marketing 138

Marketing Global Stock Operations 138

Hunter Walker

APRIL 11, 2014

Taking stock of the last twelve months emphasized two things for me. For example, David Hornik who I *think* was the first VC I encountered post-graduate school in 2001 when he was poking around my employer Second Life. Second, how fortunate I am that along the way in my career, certain people have helped out.

Stock 115

Stock Founder Hiring Management 115

YoungUpstarts

MAY 20, 2018

Founded in the year 2001 under the Admiral Markets trademark, the company expanded its range and reach to become the leading service providers in online currency trading. It is a global holding company, the subsidiaries of which provide facilities for trading currencies, stocks, metals, etc.

Security 124

Security Cyprus Marketing Estonia 124

Pascal's View

AUGUST 12, 2009

economy: “… Sarbanes-Oxley compliance costs, Eliot-Spitzer’s stock analyst settlement and the economic downturn have created an historic drought in venture-backed companies going public. . It boggles the mind that Washington would enact new policies sure to prolong this (IPO) drought and strike at the heart of American innovation.”

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Stock Option plans. At an accelerator …. Him: Not so good. “But

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Growthink Blog

MAY 14, 2012

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. Because golly, when it comes to the IPO market and public market returns in general, help is needed in a big way. How bad is it?

IPO 78

IPO Private Equity Initial Public Offering Balance Sheet 78

BeyondVC

AUGUST 9, 2006

The state of the stock market for an IPO is as uncertain as it could be. Tech stocks, in particular, are once again taking a beating on Wall Street, due in part to some investment banks cutting their ratings on the U.S. Their steady rise over recent months has put adverse pressure on stocks overall. Market conditions 2.

Technical Review 60

Technical Review IPO SEC Stock 60

Ben's Blog

OCTOBER 29, 2020

Interestingly the data for the 1990-98 and 2001-19 time periods are roughly the same – approximately one-quarter of deals priced above the initial filing range. Taken together, we can hypothesize that overall investor demand for IPOs was weaker in 1980-1989, in the middle in 1990-98 and again in 2001-2019, and highest in the dot-com bubble.

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

The Startup Magazine

NOVEMBER 22, 2018

1998 saw the 300 th pub open and its rapid expansion saw them reach 500 pubs being open by 2001. At the same time, the company became a listed company on the London Stock Exchange. The business kept expanding and moving into new territory throughout the 90s, with further establishments opened in Manchester, Wales and Scotland.

Asia 98

Asia Austin Europe Naming 98

Pascal's View

OCTOBER 10, 2009

Decimalization, quoting stock prices in decimals instead of fractions, isn’t a problem in and of itself. This change to decimalization occurred in 2001. The problem with this, again, is that it caused market makers to lose money, so they stopped marking markets in stocks where they would lose money.

Stock 31

Stock IPO Video Revenue 31

ReadWriteStart

APRIL 26, 2012

The answer is, they couldn't make any money trading, [or on] giving analyst support for small stocks because the spread got too small.". stock market: The change led by NASDAQ in early 2001 to valuing stocks in increments from one-eighth of a dollar down to one cent. When small fluctuations in stock value changed from 12.5¢

IPO 115

IPO Stock San Francisco Lean 115

Early Growth Financial Services

JULY 17, 2014

Deal flow in internet specific businesses is higher than in 2001: while VCs invested $7B in 141 deals so far this year versus $65 billion in 375 deals in … Continue reading → Valuation' While buyout multiples are at 10.7 times versus 6.8

Pre-Money Valuation 38

Pre-Money Valuation Valuation Deal Flow Stock 38

Both Sides of the Table

APRIL 22, 2010

And he has already vested 75% of his stock options at your company. When my company hit the fan in 2001 I could have easily walked and gotten a better paying job. “My stock was already vested so it was time to move on.&# What I hear – “You’re in it for the money. They’re self centered.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

YoungUpstarts

APRIL 9, 2013

If you think that the trend of big corporations and their heads misbehaving started with Enron back in 2001, I won’t take it against you. Instead of concentrating on jacking your company’s stock price up, build the business to be a sustainable, responsible and awesome institution to be a part of. by Stacey Thompson.

San Diego 124

San Diego California Internet Leadership 124