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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

In his 2005 book, The World Is Flat , Thomas Friedman recognizes that the Internet has the ability to create a “level playing field” for all participants, and one where geographic distances become less relevant. Launched in 2005, Etsy is a leading marketplaces for the exchange of vintage and handmade items. annual GMV.

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Urbanization of Startups ? AGILEVC

Agile VC

The kinds of places where you have to sign an NDA when you walk in the lobby… When I lived and worked in the bay area (2000-2005) virtually all the startups were down on the peninsula somewhere. The only example I can think of today is Amazon which has now consolidated it’s various offices in Seattle in a single location.

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Y Combinator's First Batch: Where Are They Now?

thenextweb.com

Seven long years ago, in 2005, Paul Graham had dinner with a bunch of college kids. After giving the applicants just 10 days to submit, Graham received an amazing 227 applications, which just goes to show the unbelievable drive that the young would-be founders had. Eight little seeds. It all depends on how you define that word.

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On Supercities, Economic Growth, and Income Inequality in a Post-COVID World

Ben's Blog

And since VC dollars tend to concentrate around high-tech R&D areas, it’s notable that more than 90% of the nation’s innovation-sector growth (2005-2017) is accounted for by just five metro areas — Boston, San Francisco, San Jose, Seattle, and San Diego. in the mid-1940s — derived from East Coast institutions.