Remove 1999 Remove Finance Remove Internet Remove Management
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Praying to the God of Valuation

Both Sides of the Table

The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. There was no money train.

Valuation 466
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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.

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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. For starters we saw a huge influx of inexperienced managers enter the VC industry proving clearly that being a VC is not a purely quantitative job. The Exit Problem.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.

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What Can You Learn from the 4-Hour Workweek?

Both Sides of the Table

I think too many books are written by charlatans and have too much management jargon / double speak that I can’t stand. In early 1999 I made the decision to fulfill my lifelong dream to live and work in Japan. I will also cover how I accomplished this in a separate post but in early 1999 I arrived in Tokyo for the first time.

France 295
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Bitcoin Emerges as New Standard in Post-COVID Economy?

ReadWriteStart

What the visionary, Milton Friedman, predicted about Bitcoin in 1999. Even before Bitcoin became a reality, visionaries like Milton Friedman were predicting the rise of an internet-version of cash, as long ago as 1999. When the internet rules, e-cash is king. It’s an internet-based tool that’s been awaiting its time.

Iceland 140
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Finance where needed. I need leaders who manage in good times and bad.To build a large company you need to manage through economic cycles. Don’t spend like it’s 1999. Creative destruction will continue to create opportunities for people who understand the deflationary economics of the Internet.

Stock 305