Remove 2008 Remove Entrepreneur Remove Finance Remove Internet
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Praying to the God of Valuation

Both Sides of the Table

The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. Between 2006–2008 I sold both companies that I had started and became a VC. There was no money train. It was 1991. There were startups and a software industry but barely.

Valuation 466
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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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The Changing Structure of the VC Industry

Both Sides of the Table

15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. 50x more Internet users (2.4 The “big boom” in startup financing started around March 2009?—?more We are in a bubble (with so many private $1bn+ valuations). Where are we today?

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Globalization

YoungUpstarts

Global trade dipped in 2008. The traditional flows of goods, services, and finance appeared then, and now, to have stalled. As the Internet and connectivity explode so it further democratises the supply chain. It rose in 2009, but never regained its upward trajectory. But, in reality, globalization was heading into a new phase.

Global 113
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. I believe that.

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How Successful Entrepreneurs Launch A Startup In A Recession

YoungUpstarts

New business applications are the highest since 2008, reports the Wall Street Journal. Here is what I have seen successful entrepreneurs do: Tell everyone your idea. That was pre-internet advice, and those old-timers are still out there giving out tips – watch out! by LJ Suzuki, CFOShare.org. Who should you seek advice from?

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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. What does this mean if you’re an entrepreneur? raise money now to weather any storms).