article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

They taught you about customers, markets and profits. The world of building profitable startups as the primary goal of Venture Capital would end in 1995. The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. Warning sign? At best. ~

article thumbnail

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. They’ve created virtual IPO’s for founders and employees via late-stage private financing. In either case Customer Development provides entrepreneurs with a methodology for being capital efficient.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. It’s not about the financing path, it’s about what you’ve decided to build. Support.com — On 2.5m

IPO 240
article thumbnail

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

In 1995 Netscape IPO’d and browsers started to become more prevalent. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. It also is how they financed their entry into the United Nations. That gave Google a huge cost advantage.

Product 350