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Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. First, the venture capital business is contracting severely: From the April 18th, 2009 NVCA/PWC Moneytree report: “Venture capitalists invested just $3.0 ” FULL STOP. billion was invested in 866 deals.

IPO 38
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New Rules for the New Internet Bubble

Steve Blank

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. Filed under: Technology , Venture Capital. They taught you about customers, markets and profits. The New Exits. You have to deliver.

Internet 334
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A New Era For Entrepreneurs And Startups Has Begun

Startup Professionals Musings

Initial Public Offerings (IPO) are back as an exit strategy. According to a report just out, a record 156 operating companies went public in the U.S. Twitter was one of the most notable, with a market capitalization now up to $38 billion all by itself. A year from now that’s projected to go as high as 100.

IPO 273
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Why Uber is The Revenge of the Founders

Steve Blank

20th Century Tech Liquidity = Initial Public Offering. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO). For three decades (1978-2008), investors controlled the board. Filed under: Venture Capital. Board Control.

Founder 245
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The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient

Pascal's View

Amount of venture capital raised has exploded. The NVCA has developed research going back forty years showing that over 90% of the job growth created by venture-backed companies occurs AFTER their IPO. i. Pre bubble period 1991-1996 totals $28 billion. ii. Bubble period 1996-2000 totals $243.6

Equity 31
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New Study: Market Structure is Causing the IPO Crisis

Pascal's View

I’ve been speaking publicly for over one year about the disastrous impact of the capital markets crisis in accelerating the demise of small emerging company IPO’s. which was published in November 2008. Despite the recent uptick in IPO activity, over the last several years, initial public offerings in U.S.

IPO 37
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IPO Task Force Leader: JOBS Act a Wake-up Call for Startups

ReadWriteStart

This from Kate Mitchell, the former chair of the National Venture Capital Association, and current Managing Director of Scale Venture Partners. Some 92% of job growth comes after a company goes public - which makes sense, because a company acquires public capital in order to hire people.

IPO 118