2008 Distribution Initial Public Offering Venture Capital 
Steve Blank
MARCH 18, 2011
The reward for doing so was a liquidity event via an Initial Public Offering. Rules for building a company in 2011 are different than they were in 2008 or 1998. Startups that win in the bubble will be those that get wide adoption (using freemium, viral growth, low costs, etc) and massive distribution (i.e.
Pascal's View
MAY 13, 2011
Amount of venture capital raised has exploded. This enabled consolidation among the brokerage houses and banks, which led to the loss of multiple distribution channels for securities and reduced the ability for small players to survive. i. Pre bubble period 1991-1996 totals $28 billion. cents or 6.25
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