What if it’s 1996, not 1999?

Seeing Both Sides

Amidst all the recent talk of boom vs. bubble , there is a hue and cry that the current environment may smack of 1999. Demand from these, now larger, economies are having a very positive effect on the US tech market.

IRR 50

Moving towards an on-demand world

BeyondVC

I have always been a big believer of the hosted software or ASP (application service provider) model since we made our first investment in LivePerson in January 1999. Recently Kana announced its new “on-demand” model jumping on the hosted software bandwagon. Comments from the Kana release sound familiar-Siebel and others are increasingly talking about an “on-demand” model and customer flexibility.

Category Collapse

Feld Thoughts

Any student of history knows that there is a linkage between the push to the public markets, demand dynamics of the public markets, and the availability and attractiveness of capital in the private markets. If you lived through the Internet-bubble between 1999 and 2002 you know this cycle well. It’s the second week of December, which is about the time that all of the predictions for 2019 start occurring.

DC 104

Women In Business Catch Up After The ‘Mancession’

Startup Professionals Musings

No one would call Carly Fiorina, the head of Hewlett Packard from 1999 to 2005, a wilting lily. It’s hard to balance the continual demands of the business, personal relationships, and home life. It looks like women have caught up with men in numbers in the workplace.

Demand 287

Hardware, IoT, and the Long Arc of the Internet

Agile VC

We’ve seen this not only with the “on-demand” economy of Uber, AirBnB, et al but also with hardware devices that rely on a connection to internet to monitor, manipulate, manufacture, or otherwise impact our physical world.

It’s Better to Beg for Forgiveness than to Ask for Permission

Both Sides of the Table

In 1999 I was working in the London offices of Andersen Consulting. But there was tons of client demand in Europe for Internet projects and very few people with real experience and so my senior partner in the London office was talking about 3 or 4 projects he was considering me for in Europe.

How Do You Know if You Have the Right CEO to Run Your Business Until the End?

Both Sides of the Table

I take my hat off to people like Adam Miller , the CEO of LA-based Cornerstone on Demand, who started at the exact same time as I did (November 1999) and is still the CEO but now of a public company valued at around $2 billion. We now have 150 people across three offices, tens of millions in recurring revenue, inbound demand from investors, opportunities to acquire related startups and demands on Jason’s time to speak at conference, do press interviews and so on and so on.

IPO 275

The Great Coding School Rollup of 2015

Feld Thoughts

When I saw the proposal, I immediately thought of the web consulting rollups of 1999. revenue were the correct valuations since these are generally 5% to 10% net income businesses that are 30% – 40% gross margin and heavily dependent on (a) transitory labor and (b) favorable supply/demand conditions. I just saw my first proposal for a Coding School Rollup. As you are probably aware, 2014 saw the explosion of coding schools all over the US.

Lessons Learned: Hugh Molotsi

Startup Lessons Learned

One of the highlights of my time at Intuit was being part of a skunkworks team in 1999 that developed Intuit’s first payment service, the QuickBooks Merchant Account Service.

Rover Cuddles Up to $12 Million

Feld Thoughts

We invested in the company in 1999 during the ascension of the Internet bubble. They understood the different dimensions of the business and were laser focused on drivers of supply and demand in each market they operated. Today, Rover announced that Menlo Ventures has led a new $12m round of financing. As is our style, we participated, but we’re excited to have a new partner to join us, Madrona, and Petco in this fast growing adventure.

The Crazy Marketing Campaigns That Actually Worked

YoungUpstarts

When the company was in its infancy, it promoted an on-demand ice cream service in the US in honour of National Ice Cream Month and a kitten rental service during National Cat Day. In 1999, eCommerce company, Half.com , turned a $100,000 investment into a $300,000,000 sale.

The next phase of innovation

Start Up Blog

Only one of which, was on the list in 1999 – that being Microsoft. The digital era has provided inordinate consumer value through data mobility, entertainment on demand, social connection, digital connectivity, smart devices and ecommerce to name a few.

Why I F **g Hate Unicorns and the Culture They Breed

Both Sides of the Table

It seemed like a message in a bottle opened from a shipwreck in 1999. I have never heard of a football team that won by throwing only Hail Mary passes, yet that is what is being demanded of Republican leaders today. Something is rotten in tech startup land. Don’t call me a hater for saying so. It’s not that I’m anti innovation or a disbeliever in disruption or calling it a full-scale bubble or saying every darling startup is going to fail. None of those. Still.

Investing in and Joining the Board of Rover.com

Feld Thoughts

Seth and I worked together on ServiceMagic in the 1999 – 2004 time frame (IAC acquired it in 2004 for $180m) so we had a deep understanding of how a heavily metric-based buy/sell marketplace worked. We’re also looking for ones that have huge under-accessed supply or demand, where mobile and location have an immediate impact on utilization, and where existing transaction friction – either as a result of process or trust – exists.

Stop Thinking And Acting Local: Small Businesses Seeking Growth Should See Themselves As Global Enterprises

YoungUpstarts

To tackle this, B-Free researched and patented another product based on market demand. 1 Bill Gates, Business @ the Speed of Thought: Succeeding in the Digital Economy, March 24, 1999. By Dr. Karen M. Reddington, president, FedEx Express Asia Pacific.

Global 169

Economic Moats: Who Has Them? And How Do You Get One?

ConversionXL

The concept of “economic moats” came from a 1999 Fortune article by Warren Buffett: The key to investing is [.] Takeaway : If demand has firm boundaries, aim for geographic dominance. Efficient scale moats depend on limited demand and geographic dominance. But demand won’t scale.

The GPU Overshadows the CPU

Andrew Payne

This is one of my absolute favorite disruption patterns: “commodization+crossover”, where a technology is commoditized by demand for one application and then applied elsewhere. Things began to change in the 1990s, driven by demand for 3D games , first with arcade units and consoles, and then PCs. In 1999, Nvidia coined the term “GPU”, starting a consumer-driven 15yr+ price/performance ramp with no end in sight.

Women Entrepreneurs May be the New Men

Startup Professionals Musings

No one would call Carly Fiorina, the head of Hewlett Packard from 1999 to 2005, a wilting lily. It’s hard to balance the continual demands of the business, personal relationships, and home life. It looks like women are catching up with men in numbers in the workplace.

“Hello, Want to Buy IPO Shares?” 13 Years Ago I Said No.

Diego Basch

One fine day in June of 1999 I was sitting at my desk, writing code, in the zone. In 1999 it was common practice to print the employee roster every week (including phone extensions) and distribute it to everyone. Clearly there wasn’t enough demand.

IPO 64

Hardware, IoT, and the Long Arc of the Internet

Agile VC

We’ve seen this not only with the “on-demand” economy of Uber, AirBnB, et al but also with hardware devices that rely on a connection to internet to monitor, manipulate, manufacture, or otherwise impact our physical world.

Most Startups Should be Deer Hunters

Both Sides of the Table

On some level we felt we did because being a SaaS company in 1999 was trailblazing. Deer are not so big that they can make huge demands on you for your development resources or customer support. If their demands are too high you can easily move on to the next customer.

Startup CEO Online Class with Kauffman Fellows Academy

Feld Thoughts

This topic is front of mind for me as many of the companies I’m on the board of are growing extremely fast and the demands on the CEOs are significant. Another great CEO I’ve had the honor to work with is Matt Blumberg who has led Return Path since founding the company in 1999. tl;dr – If you are a CEO and want to take an amazing online course about being a CEO by Return Path’s Matt Blumberg, sign up for Startup CEO from NovoEd now.

24 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Unfortunately after twenty years working such demanding jobs I was no longer able to physically do the work. Each business has a story. No matter if the business is a Goliath like Wal-Mart, or a local business owned by a couple or family, the business has roots in an idea.

[INTERVIEW] Kris Thorkelson, Entrepreneur And Business Leader

YoungUpstarts

One of my pharmacy contacts was looking at this business model in 1999, and asked for my input,” Thorkelson said. “It There are points in their development, especially in the early years, when they demand all of your energy.

Syria 130

The Web is Against the Ropes, But it’s Not Dead

Both Sides of the Table

My first company was a SaaS software company started in 1999. Because over time users will demand open. I had a really fun 20-minute interview with Howard Lindzon of Stock Twits as part of a 5-part series on whether the web is dead.

Web 329

IM Creator – High Class Websites for the Masses, with 126,000 Websites Created and Counting.

VC Cafe

Service includes integrated Google Analytics, SEO tools, and on-demand customer service. billion back in 1999 ; Yahoo has since shutdown Geocities after failing to charge all its users to use the service.

Coder 99

The Case For & Against Cryptocurrencies (for those tired of all the noise)

Both Sides of the Table

I see companies that have been trying to raise professional money for years and have struggled suddenly gearing up for ICOs because they know there is so much demand from them — precisely because so many people speculatively made money on Bitcoin and Ethereum.

Is Now The Right Time To Start A New Business When The Economy Lags?

YoungUpstarts

An old market adage states that the best time to buy something is when no one else wants it, the general thought being that demand comes in cycles. by Tom Cleveland, SmallBusinessLoansDirect.com.

Self-Driving Vehicles: The Future Always Takes Longer to Arrive (Part 1)

Agile VC

In the 90 days since this deal was announced, car OEMs like GM, Ford, VW, Toyota, and Fiat Chrysler as well as tech giants like Google and Apple and on-demand transportation companies like Uber, Lyft, Didi Chuxing, and Gett all scrambled to form strategic/investment partnerships with each other.

Viola Private Equity Pumps $7 Million into Zend

VC Cafe

Zend was started in 1999 and is currently headquartered in Cupertino, CA with an R&D office in Israel.

Business Leader Committed to Eliminating Single Use Shopping Bags

Hearpreneur

The demand for eco-friendly products continues to rise with the increase in climatic changes. I feel fortunate that, since 1999, KeepCool has been able to be a conduit for the growing number of people who are making such conscious choices.

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

In 1999, Jack Ma created Alibaba , a Chinese-based B2B marketplace for connecting small and medium enterprise with potential export opportunities. Instawork (*) is an on-demand staffing app for gig workers (professionals) and hospitality businesses (partners).

5 Ways to Keep Your Small Business Growing

Up and Running

million in 1999, Zappos is now worth $1 billion. Ferris eventually sold BrainQuicken and became a best-selling author, in-demand blogger, business consultant, motivator, and popular endorser. Running a small business is a daunting challenge.

Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. If I get demand from people after this video to do a deeper dive on term sheets we will.

Think you’ve got a strategy to enter the Chinese market? Think twice

The Next Web

Yu graduated from Nankai University in 1999 with a bachelor’s degree in economics. Yu Yongfu is the chairman and CEO of UCWeb , whose mission is to provide a better mobile Internet experience to billions of users around the world. Earlier in his career, he was a VP at Legend Capital.

China 136

Is There a Valuation Bubble for Social Media Companies (and if so, is it Bursting)?

Pascal's View

Capital Markets Advisory Partners cleaves the demand for pre-public VC-backed equities into two worlds: “Demand Pull (Buzz) and Supply Push (No Buzz) companies. For me Bubble will always be inexorably linked to what went down in 1999 and 2000 in the internet sector.

Customer Development: Past, Present, Future

Steve Blank

Our startup was venture funded in 1999 and we didn’t pay enough attention to this advice! while if it’s (b) we can shovel money out the door creating demand and sell into it.

Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

When I started my first company in 1999 we spent more than $2 million on technology infrastructure including Sun servers & Solaris operating system, Oracle databases, EMC storage, load balancers, app servers, back-up devices, disk mirrors and on and on.

Cloud 373

The Top 10 Career Experts For Working Moms

YoungUpstarts

The women to follow are CEOs, career experts, coaches, and entrepreneurs who are all familiar with the challenges that moms (and dads, too) face when trying to balance the demands of their careers with the responsibilities of being a parent.

Demand 176

How Many Investors are Too Many?

Both Sides of the Table

You may feel as I did in 1999 that the more smart people around the table the more intros you’ll have, the more sage advice you’ll receive and the more impressive you’ll seem to outsiders. They aren’t people who are going to demand minimum ownership %’s.

Scaling is Hard, Case Study: Akamai

Seeing Both Sides

The company quickly realized that its initial commercial product was in huge demand – they had reached product-market fit nirvana. The first year of revenue (1999) was $4 million – a remarkable achievement. I have been thinking lately about how hard it is to scale start-ups.

The Lean Entrepreneur is here

Startup Lessons Learned

A few of the detailed case studies include: Tech legend Bill Gross building an MVP in 1999 to test demand for online car sales, which grew into CarsDirect.com.

Lean 171

Debating the Tech Bubble with Steve Blank: Part II

Ben's Blog

It sent a signal that there is an irrational demand for tech IPOs.&#. As the chart below shows, if you had invested in technology stocks in any year from 1990 through Q3 1999, you would have outperformed the S&P 500.

IPO 60