Both Sides of the Table

DECEMBER 11, 2022

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. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits. There was no money train.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Steve Blank

MARCH 31, 2014

Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Today billions of dollars that companies could have invested in innovation are sitting in the hands of private equity funds.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Here’s my take: 1. VC will shrink. Oh yes it will.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Growthink Blog

MAY 14, 2012

Since the Internet bubble burst in 2001, the number of IPOs hasn’t recovered to even 1980s levels. One of the key objectives of the recently passed JOBS act is that it will “open” the now 11 years and counting "shut” window for initial public offerings. Hopefully, it will help. How bad is it? That's 30 years ago, folks. What does it all mean?

IPO 78

IPO Private Equity Initial Public Offering Balance Sheet 78

Growthink Blog

JANUARY 7, 2015

In so many of the growth industries of the 21st century - Mobile, BioTech, HealthcareIT, Robotics, Social Media, Internet of Things - U.S. private equity firms and $515 billion on the balance sheets of leading tech. Technology Leads the World. companies continue to lead the way. Exports reached $2.3

Balance Sheet 48

Balance Sheet Private Equity Venture Capital .Net 48

Austin Startup

JULY 23, 2010

So why would you not think that internet retailers are interested in maximizing pricing as well? The company announced that is just completed $13M in financing from existing investors SMH Private Equity Group, ABS Ventures, Austin Ventures, and Trellis Partners. An item’s price is the price.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67