Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)
Steve Blank
JULY 15, 2010
Number of Venture Backed Liquidity Events 1991-2000. Number of Venture Backed Liquidity Events 2000-2010. In either case Customer Development provides entrepreneurs with a methodology for being capital efficient. Take a look at the chart below. (It Source: NVCA.). We live in interesting times.
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