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Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

In the 20 th century, the best companies IPO’d in 6-8 years from startup (and in the Dot-Com bubble of 1996-1999 that could be as short as 2-3 years.) And Mark Suster of Upfront Capital has a great post that summarizes these changes. It’s called Growth capital.

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The Silliness Of Recapping Seed Rounds

Feld Thoughts

But in this cycle, I hadn’t seen it in a seed round. When I made 40 seed investments between 1994 and 1996, I had a philosophy that I’d double down on a seed investment. It’s not pretty, but it happens. While I wish them well as a company, the individuals are no longer part of our gang.