Remove 2003 Remove Internet Remove Operations Remove Venture Capital
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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. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

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Try On The Decision For 30 Days

Feld Thoughts

In 2003 I seriously thought about quitting Mobius Venture Capital. My portfolio melted down with the bursting of the Internet bubble. The depressive episode only lasted three months, but the s**t show continued through 2002 as most VCs and Internet companies suffered a massive collapse. Here’s an example.

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On Bubbles …

abovethecrowd.com

And the venture capital firms that pulled back in 1996 missed the best three years of return in the history of venture capital industry. This happens anytime someone is operating in a situation where their assessment of risk is far lower than the actual risk to which they may be exposed. What was it in 2003?

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Texas Startup Manifesto 2.0

Austin Startup

Other companies, like Blue Origin, Firefly Space and Space X are all conducting operations in Texas, both together with NASA and for their own unique space ventures. in the last four years we’ve seen a 250% increase in venture capital funding and have doubled the number of startup development organizations in our community.”

Texas 90
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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.

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Probable and Improbable Lobbying Wins: The 1,000-stockholder Rule

Gust

Yet the content industry (principally represented by RIAA and MPAA) has been relentless in pushing for UGC site operators to be deputized in a copyright police state in the interest of fighting piracy. Facebook, which did not exist in 2003, is now valued at nearly $100 billion.

IPO 110
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The Long-Term Value of Loyalty

Both Sides of the Table

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers. So how did I come to work in the world of venture capital?