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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. I said, “It’s much easier now than it was in 2008/09.&# Or worse yet they may never get financed. That happened a lot in 2002 and again in 2008.

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It’s Morning in Venture Capital

Both Sides of the Table

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. The Exit Problem. There are 20x more consumers online.

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The Entrepreneur’s Essentials #11: New Year’s advice for middle-aged people

Austin Startup

I was fortunate to live in Silicon Valley for six years before moving to “Silicon Hills” in 1997?—?having DFS was formed in 1997 to provide Dell customers the best financing options. We build this business from ground zero to over $5 billion in a decade, and I retired from Dell in January of 2008.

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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. After I sold Smart Bear, that division has increased revenue and profit every year, for five years, even through the 2008/2009 economic disaster. It’s not about the financing path, it’s about what you’ve decided to build.

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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

This probably wasn’t a fun period of time for a new VC but nonetheless probably made Mike stronger than having started in 1997. Venture Financings we Discussed. Spun off from Freewebs in 2008, based in Palo Alto. This lasted from about 2001-2004. I shall be looking to replicate this in Los Angeles.

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Amazon Web Services as Metaphor

aweissman.com

I remember back in 2008 watching Nate , Todd , Kortina , others, spin up web apps in seconds, letting their creative juices flow almost instantaneously from idea into live services (from thought into expression), some that worked and some that never saw widespread visibility. USV has made multiple investments in all these areas.

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15 Entrepreneurs Discuss Why they Started Their Businesses

Hearpreneur

After working as an administrator in the finance industry for years, I kept asking myself, am I really helping anyone with the work I do? 2008 sucker punched every college student because we now have the degree, but there aren’t any jobs available within our field of study. In 1997 we were IT consultants. Thanks to. #4

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