View from Seed

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The Midas List Then and Now

View from Seed

Since I’m mainly doing this for my own interest and this isn’t supposed to be a scientific analysis, I’m going to instead look at the 2019 list and compare it to the 2009 list. 2009 was the nadir of the global economic crisis, followed up an unprecedented bull market. In 2009, white males made up about 70% of the list vs. 56% in 2019.

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Reflections From Rebounding

View from Seed

For example, a 2009 study conducted by Paul Gompers and David Scharfstein, “Performance Persistence in Entrepreneurship”, found that failed founders have the same chances of success¹ as novice founders, but prior success does increase the odds of future success.

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Seed-Stage Startups: Beware the “Stickiness Squeeze”

View from Seed

Many will say “it’s going to be another 2009 vintage!” In 2009, according to some old Payscale data I dug up, that number was $90,000. Believe me, I raised that $1 million seed round in 2009 and we never would have made it at these prices. In 2009, it was $37 in FiDi and below $30 for all of SF. This surprises nobody.

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Back to The Future: Power of SMS-Native

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Considered an “old” technology & channel in the context of the rise of social networking, 2009 was seminal for the email marketing space. I don’t think it even matters, and in part, because the SMS medium makes it feel like you are. Where we are with SMS I akin to where we were with email a ten years ago.

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4 Founders & Harvard MBAs on Finding Startup Traction & MBAs-as-Entrepreneurs

View from Seed

We started getting feedback on the idea starting March 2009 (second semester) and the feedback was overwhelmingly positive. We raised our first $2 million largely on quotes about the problem these people gave us. And then we used the same list to find the first customers.

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Is This Ex-Googler’s Pre-Product Approach the Fast Track to Product-Market Fit?

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Starting in 2009, Savoia began using an approach as an engineering director at Google that helped the tech giant know whether it was about to build the right product for the market … or a product that would flop. .” Startups launched around seemingly mundane, insular problems glow about their abilities to change the world.

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Should Every Company Have a “Singles” or “Prime” Day?

View from Seed

Alibaba’s Singles Day GMV total has posted an astonishing 144% compounded growth rate since 2009. Alibaba’s total alone dwarfs Black Friday and Cyber Monday combined in the US which was roughly ~$14B combined in 2017. In the US, we’ve seen other retailers invent days to stimulate demand.

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