Initial Public Offering Operations Search Viral 
Steve Blank
MARCH 18, 2011
The reward for doing so was a liquidity event via an Initial Public Offering. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. They taught you about customers, markets and profits. August 1995 – March 2000: The Dot.Com Bubble.
Reid Hoffman
MARCH 19, 2019
And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. The second is a lack of operational scalability.
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