Feld Thoughts

AUGUST 25, 2015

Instead, the driver was the 1983 bull market. Put a willing and forgiving exit market following any investment period and you get spectacular returns. For many years preceding 1999, the 1982 vintage was known as the industry’s worst vintage year. Taking all five at once is crazy. The fatal flaw of the 80’s was fear”.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

VC Cafe

JANUARY 20, 2014

Last year, the VC industry partied like its 1999. New data from research firm Pitchbook makes it official: valuations are at an all-time high. The bull market will celebrate its 5 th anniversary in March (NASDAQ grew 38.3% last year, more than any other major index), and the IPO market is booming. Bubble 2.0 $4.2

Venture Capital 155

Venture Capital Pre-Money Valuation IPO 155

thebarefootvc

DECEMBER 18, 2020

In the 2017 article, I wrote “True alpha returns have been difficult to achieve in the globally low interest-rate environment…”. Like him, many retail investors were drawn into nonstop television coverage and headlines that were (to me, scarily) reminiscent of 1999. Fast forward to 2020 and truer words have never been spoken.

SEC 45

SEC Valuation Institutional Investors Global 45

thebarefootvc

AUGUST 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As a former investment banker who followed the markets closely once upon a time (especially when I was in the midst of public market M&A transactions), I now have the luxury of watching from an arm’s length.

Marketing 40

Marketing Investment Bankers Valuation China 40

thebarefootvc

AUGUST 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As a former investment banker who followed the markets closely once upon a time (especially when I was in the midst of public market M&A transactions), I now have the luxury of watching from an arm’s length.

Marketing 40

Marketing Investment Bankers Valuation China 40

thebarefootvc

JULY 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As a former investment banker who followed the markets closely once upon a time (especially when I was in the midst of public market M&A transactions), I now have the luxury of watching from an arm’s length.

Marketing 40

Marketing Investment Bankers Valuation China 40

Both Sides of the Table

JUNE 1, 2011

If you take a snapshot during an extraordinary surge in valuations, M&A activity, IPOs and thus wealth creation you’d echo John Doerr’s famous quote from 1999 that, “The Internet is the greatest legal creation of wealth in history.&# As a market we seem to be incapable of temperance. It’s marketing.

IPO 391

IPO Finance Valuation Naming 391

Seeing Both Sides

SEPTEMBER 15, 2015

Only a handful of so-called unicorns — companies that have achieved a valuation of over $1 billion in the last 10 years — come from Israel, and only one Israeli firm, Teva, ranks in the world’s 500 largest companies by market capitalization. The bad news is that Israeli startups are struggling to scale. We think so. billion in 2013.

Cofounder 20

Cofounder Technical Review United States 20

This is going to be BIG.

NOVEMBER 7, 2011

Companies that find product/market fit deserve to grow--and if there are enough of those, there will be enough capital to follow them. Valuations. There are a ton of companies being funded at $500+ million valuations--seriously limiting exit opportunities. Are their valuations justified? stock market."

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

thebarefootvc

JULY 3, 2016

New funds have popped up in increasing numbers over the last few years – but I saw gaps in the market that needed to be filled. There is still a lot of work ahead, but the market has been overwhelmingly responsive to the original thesis. And…I wanted to have fun and work with great people while doing so.

North America 40

North America Early Stage New York City Portfolio 40

thebarefootvc

FEBRUARY 3, 2016

New funds have popped up in increasing numbers over the last few years – but I saw gaps in the market that needed to be filled. There is still a lot of work ahead, but the market has been overwhelmingly responsive to the original thesis. And…I wanted to have fun and work with great people while doing so.

North America 40

North America Early Stage New York City Portfolio 40

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

David Teten

FEBRUARY 6, 2013

Speakers: - Bob Dahl, HBS Alumni Angel, formerly head of Global Healthcare for the Carlyle Group. From the perspective of best practices, we will address questions such as: How to assess opportunities (idea, team, valuation). Click here to make a reservation. Should you require a full-blown business plan and what to look for.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Hearpreneur

JANUARY 29, 2018

In 2012 she was announced as one of the Young Global Leaders by World Economic Forum. A lot of great minds have amazing products and ideas but not the right (global) network. I am a global citizen, and I understand the global marketplace. My global network, for sure. Women in business are on the rise.

Global 54

Global India Networking Cofounder 54

Seeing Both Sides

AUGUST 3, 2012

But once the company has honed in on a strong value proposition and found initial product-market fit, what is the best approach to scaling it? With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. After all, scaling is hard. Really hard.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Austin Startup

MAY 3, 2017

Today’s economy is substantially more freelance for one, but as it pertains to technology and innovative entrepreneurship, we find ourselves in an era that is bringing tech to traditional industries that have yet to have fully embraced what the internet has caused: data, connectivity, globalization, scalability, and efficiency. Imagine that.

Texas 48

Texas Startup Silicon Valley Bootstrapping 48

Both Sides of the Table

AUGUST 9, 2011

Valuations were enormous relative to progress in companies. Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations.

Stock 305

Stock Technical Review Marketing Greece 305

Both Sides of the Table

SEPTEMBER 17, 2017

These standards allowed global collaboration and expanded the boundaries of trade. This market structure in which the few, large players use their market position to eliminate competition is inevitable. It’s Hobbesian economics 101. Enter the decentralized Internet.

Government 280

Government Distribution Stock United States 280