What if it’s 1996, not 1999?

Seeing Both Sides

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 But what if it’s actually more akin to 1996? 2011 is the first year where it feels like a real boom – much like 1996.

IRR 50

The Olympics for every industry

deal architect

The country won just one Gold medal at the Atlanta Olympics in 1996. Britain is a remarkable Olympics turnaround story. Embarrassed and focused, it has gradually improved every four years and in London it is running 3rd behind China and. Industry Commentary

Austin-based SpareFoot Acquires SiteLink

SiliconHills

SpareFoot, the Austin-based online self-storage marketplace, announced Thursday plans to acquire SiteLink, a software maker for the self-storage industry, founded in 1996 and based in Raliegh, North Carolina.

The Best Time To Invest In Something Is …

Feld Thoughts

” Fred is one of my closest friends in the VC business and someone I’ve learned an amazing amount from him since first meeting him in 1996 when he was just starting to work with one of my male soulmates Jerry Colonna.

The Magic of Dealing With Your Demons

Feld Thoughts

I’ve known and worked with Jerry since 1996. Jessi Hempel from Backchannel just wrote an amazing profile piece on my close friend Jerry Colonna. It’s titled This Man Makes Founders Cry.

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Joshua Baer Rejoins Email Marketing Firm PostUp

SiliconHills

Baer founded the Austin-based company under the name of Skylist in 1996 and later sold it. Joshua Baer, serial entrepreneur and cofounder of Capital Factory, has joined the board of directors of PostUp, formerly known as PulseConnect, an email marketing software company. “Although I founded the company almost 20 years ago, PostUp still offers a […] The post Joshua Baer Rejoins Email Marketing Firm PostUp appeared first on SiliconHills.

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Can You Beat Amazon In The Race To Overnight Success?

Startup Professionals Musings

In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. Every startup founder knows implicitly that startup success is a long hard road.

How Long Should It Take For a Startup to Succeed?

Startup Professionals Musings

In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. Every startup founder knows implicitly that startup success is a long hard road.

My Awesome Experience With Retrofit

Feld Thoughts

The founder Jeff Hyman is a long time friend (I was a seed investor in his first company in 1996) and is incredibly passionate about Retrofit and what he and his team is doing. When I started Retrofit last fall, I weighed 216.

Video 337

Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The number of Baby Boomers starting a business from 1996 to 2011 rose nearly 7 percent, while the start-up rate by those aged 20 to 44 fell about 5 percent.

What’s Old Is New Again

Feld Thoughts

Between 1994 and 1996 I made 40 angel investments with the money I made from the sale of my first company. I know I’m getting old. I remember in 2007 when the idea of a super angel appeared, where successful entrepreneurs were suddenly angel investors making 10 or more seed investments a year. This was a “new” innovation that was celebrated with much fanfare.

Guess How Long Overnight Success Really Takes

Startup Professionals Musings

In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. Every startup founder knows implicitly that startup success is a long hard road.

They Can’t Kill You And They Can’t Eat You

Feld Thoughts

Len and I co-founded Interliant (originally Sage Networks) with Steve Maggs and Rajat Bhargava in 1996. His last company – the one he built with Jerry Poch that had acquired my first company – was bought in 1996 by GE Capital for $500 million. It’s the summer of 2001. The NASDAQ peak is in the rear view mirror. Many Internet companies are struggling.

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Sunday Morning With the Wayback Machine

Feld Thoughts

There is a ton of history here that’s good basis for longer blog posts at some point, but for now I’ll leave you with the Flatiron Partners website from 3/29/98 along with a special bonus link to the Flatiron Partners 1996 Holiday Card.

My First Experience As A Venture Capitalist

Feld Thoughts

We never invested in anything together, but after I moved to Boulder, I got a call from Charley one day in early 1996. And it’s been very interesting since that point back in 1996. I often get asked how I ended up becoming a venture capitalist. When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited).

FullContact Continues Its Journey To Solve The Contact Management Problem

Feld Thoughts

My first company (Feld Technologies) was acquired by a company doing a rollup (AmeriData – acquired 40 companies between 1992 and 1996 when it was then acquired by GE Capital.)

Every Entrepreneur Dreams of an Overnight Success

Startup Professionals Musings

In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. Every startup founder knows implicitly that startup success is a long hard road. Yet we always dream that we are the exception to the rule. So once in a while it’s good to look at some facts to temper our imagination.

Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

These could convince you that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The percent of entrepreneurs who are Baby Boomer starting a business since 1996 has grown from 14.3

Love and Venture Capital

Feld Thoughts

I first met Fred in the suburbs of Boston at Yoyodyne in 1996. If you’ve missed me, it’s because I spent a week in Australia. Ten days ago, after being there for a few days, I came down with salmonella poisoning. I’m finally starting to feel normal again although I’m still exhausted. This has easily been the sickest I’ve ever been. While I was gone, the gang at Reboot put up the Reboot Podcast #45 – What’s Love Got to Do with It?-

Baby Boomers Are Surpassing Gen-Y As Entrepreneurs

Startup Professionals Musings

These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The percent of entrepreneurs who are Baby Boomer starting a business since 1996 has grown from 14.3

Happy Anniversary Amy

Feld Thoughts

We never had a formal wedding because we never wanted one, although we did visit the Boulder County Courthouse on June 21, 1996, paid our $20, assured them that we weren’t brother and sister, and made it official. Amy and I have been married for 18 years. On the summer solstice in 1993 we went to the top of Ester Dome in Fairbanks, Alaska and exchanged vows. Earlier that day we went to Pay ‘n Save and bought our wedding rings (I think we got six for $1.99).

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I Choose Austin

Austin Startup

He founded his first startup in 1996 in his college dormitory and now teaches a class at the University of Texas for student entrepreneurs. Joshua Baer helps people quit their jobs and become entrepreneurs. He's currently the CEO of OtherInbox and Director of Capital Factory. Joshua has helped start a dozen companies, sold four of them, invested in more than fifty of them, and is a mentor to many others.

Austin 102

Boy! If I had only learned this before spending a million!

Berkonomics

Fast forward just a few years to 1996. Back to 1996. Know your market and competition, or don’t spend a dime on anything else. I love absolutes – statements with no wiggle room for gray-area responses. Well, here is one of those, and it deals with market research first and foremost.

Episode 50: Video Content and Profitability with Seth David

Mike Michalowicz

Seth graduated from Pace University in 1996 with a bachelor’s degree in Accounting. Seth graduated from Pace University in 1996 with a bachelor's degree in Accounting. Also Available On. Show Summary.

Video 112

Overnight Startup Successes Usually Take Years

Startup Professionals Musings

In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. Every startup founder knows implicitly that startup success is a long hard road.

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. It’s appalling what passes for “successful entrepreneurship” in the press or the Valley, but it’s not their fault.

IPO 267

The Silliness Of Recapping Seed Rounds

Feld Thoughts

When I made 40 seed investments between 1994 and 1996, I had a philosophy that I’d double down on a seed investment. Here’s the scenario. A company raises $1m of seed money from angels in a convertible note with a $6m cap. Assuming equity is raised at or above that cap, the total dilution, before the new money, is 16.6% (equivalent to an equity financing of $1m at a $6m post money valuation. The company spends the $1m building and launching their first product.

10 Reasons For Joining The New Startup Wave Now

Startup Professionals Musings

The number of entrepreneurs who are Baby Boomer starting a business has grown from 14 percent in 1996 to over 30 percent last year. Since the recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before.

Prevailing Wisdom

Mucker Lab

1996 – “It’s impossible to get to build a billion dollar company selling widgets at $15 and taking $1 commission one at a time”. 1994 – “Consumers are fickle and unpredictable. Consumer products and services are hit driven, it’s really hard to build a scalable consumer company”. Internet).

How Do VCs Choose Their Investors (and should entrepreneurs care?)

Both Sides of the Table

Our first LPs from 1996 were industry players who put us in business: Carrefour (the large European retailer), DLJ (the former investment bank) and a billionaire software exec.

LP 319

Book: No Better Time

Feld Thoughts

As a judge for the MIT $50k until 1996, there were always a lot of VCs hanging around. I’ve been reading a lot lately. On an almost daily basis, someone out in the world sends me a physical book, which I love. While I have something like 500 unread books on my Kindle, I still love laying on the couch reading a physical book. So the stacks of books that show up keep me company and I chomp through them whenever I need a break from everything else.

Israel 260

The future of food production – reasons to be hopeful

The Equity Kicker

Going forward here are three new technologies that should help maintain this trend: Genetically engineered crops: In 1996 there were 1.7

Book: Sailing an Alien Sea

Feld Thoughts

I’ve known Cindy and her husband Terry Gold since 1996, shortly after I moved to Boulder. I love reading books written by friends. Knowing how incredibly hard it is to write a book, I enjoy fiction even more, since it’s something I’ve never tried to write. My friend Cindy Gold wrote Sailing an Alien Sea about a year ago. I read it last month and loved it. I was an early board member, then angel investor, and subsequently VC investor in Terry’s company Gold Systems.

Tips for Better Mental Wellbeing In The Workplace

The Startup Magazine

Under the Employment Rights Act (1996) your employer must work along with you to try to overcome any arising mental health issue. It can be hard enough to work full-time. However, when you also have a mental health issue to cope with it can really start to weigh you down.

When A Startup Chooses IPO Most Founders Are Out

Startup Professionals Musings

IPOs in 2008, the market was up to a still trivial 128 in 2012 (compared to 675 in 1996). Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys.

IPO 237

Mentorship Community: Work-Life Balance Does Not Exist!

Brandanew

This report about unpaid housework gets to the point easily: Statistics from the 1996 Census of Population confirm that women continue to do the vast majority of unpaid housework and care-giving, whether or not they work for pay.

Book: The Business of Venture Capital

Feld Thoughts

” My review of it is really simple: “I wish I had this book in 1994 when I made my first angel investment, and then again in 1996 when I made my first VC investment. In the fall of 2010 Mahendra Ramsinghani reached out to me by email about a new book he was working on called The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies.

Just Got Rejected? These 9 Inspiring Success Stories Will Help You to Bounce Back

Kodorra

Hotmail was developed by Jack Smith and Sabeer Bhatia in 1996. There is a multitude of struggles that are involved when running a successful business venture. The road to glory is both hard and tiring, and sometimes they may end up taking a toll on you to the point of throwing in the towel.

3 Reasons Why Young Companies Need To Train In Cybersecurity

YoungUpstarts

Businesses that fall under the Gramm–Leach–Bliley Act (Financial Services Modernization Act of 1999), the Payment Card Industry (PCI), Health Insurance Portability and Accountability Act of 1996 (HIPAA), and Sarbanes-Oxley Act of 2002 must all have some degree of security awareness training by law.

New Course: Entrepreneurship, Innovation, and Public Policy

Feld Thoughts

Kauffman Index of Entrepreneurial Activity 1996 – 2010. For a number of years, my partner Jason Mendelson has been teaching an extremely popular course at CU Boulder Law School with Brad Bernthal titled Venture Capital – A 360 Degree Perspective. While it’s a course taught in the law school, it’s (not surprisingly) become popular with the MBA students at CU Boulder.

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A New Era For Entrepreneurs And Startups Has Begun

Startup Professionals Musings

The percent of entrepreneurs who are Baby Boomer starting a business since 1996 has grown from 14.3 Since the recent recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before.

Your Wall Is Dingy

Feld Thoughts

Between 1996 and 2002 I was co-chairman of Interliant, a company I co-founded with three other people. As I procrastinate from going for a run this morning, I started writing a post titled The Pro-Rata Gap Myth. After two paragraphs, I got tired of writing it and hit the “ this is b t ” wall – it’s too complicated to explain a myth that I’m not sure even matters. So I deleted the post and decided to tell a story instead.

Equity 223

On Bubbles …

abovethecrowd.com

It was 1996 when Federal Reserve Board Chairman Alan Greenspan first uttered the now historic phrase “ irrational exuberance.” And the venture capital firms that pulled back in 1996 missed the best three years of return in the history of venture capital industry.