Emotional Lessons From the Collapse of the Internet Bubble

Feld Thoughts

That perfectly describes how 2001 felt to me. In 2001, I was on the board of four public companies (and was co-chairman of two of them which I had been a co-founder of.) My moment of capitulation came sometime in the early summer of 2001. Until that day in the summer of 2001, my emotional well-being was much too connected to my financial well-being. Entrepreneurship 2001 internet bubble robert frost

Ray Dalio’s Principles of Success

Feld Thoughts

My abyss happened between 2001 and 2003 and, while I wasn’t alone in my mistakes as Dalio was in his, I related deeply to it. I became a Ray Dalio fan earlier this year when I read his book Principles.

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A new decade: From consumerization to commercialization of technology

deal architect

Steve Jobs said that to Time magazine soon after launching the iPod in 2001. “I would rather compete with Sony than compete in another product category with Microsoft.” It signaled the start of a trend Gartner would later call “consumerization

CES: The year of automation

deal architect

CES has traditionally been a harbinger of technology and societal trends with the products that are launched there: 1981 saw the introduction of the camcorder, 1991 the Interactive CD, 2001 the Microsoft Xbox and 2011 was the year of the. Industry Commentary

We Were Right – Just a Decade Early

Feld Thoughts

It’s currently at $42 / share so if I got the splits right, after its collapse in 2001 to a low of around $5 / share it took it 15 years to claw its way back to $42 / share (a 10x from the low, 40% of its high at the peak.). 2001 – 2002 was the collapse to the Trough.

OwnLocal Acquires Print2Web

SiliconHills

Print2Web, founded in 2001 in St. Austin-based OwnLocal announced its acquisition of Print2Web, a digital service provider to the newspaper industry, on Monday. The financial terms of the deal were not disclosed. Petersburg, Florida, was one of the first companies to digitize print ads for newspapers. The company works with more than 450 newspapers and […] The post OwnLocal Acquires Print2Web appeared first on SiliconHills. Austin

CSO Research of Austin Merges With MBA Focus

SiliconHills

CSO Research, which makes undergraduate career service software and founded in Austin in 2001, has merged with MBA Focus, based in Dublin, Ohio. MBA Focus, founded in 2003, provides graduate business school career service software and recruitment technology. It works with more than 2,000 companies and students at 75 graduate schools. Erik Mulloy is the […] The post CSO Research of Austin Merges With MBA Focus appeared first on SiliconHills. Austin

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Bringing Depression Out of The Shadows In Startups

Feld Thoughts

A: After I became depressed for the second time, in my mid-30s — in 2001 just after Sept. The last three months of 2001 were awful for me after an 18-month stretch from the peak of the Internet bubble — spring 2000 through Sept. 11, 2001. In 2002, when most of my VC and entrepreneurial colleagues were having a terrible year, I acknowledged how much I had struggled in 2001, although I was still relatively discreet about it.

Every Generation Learns The Same Lessons

Feld Thoughts

My foundational moment, where I really learned the lesson, happened during the collapse of the Internet bubble in 2000 and 2001. While it’s easy to tell people things, it’s much more powerful to learn things.

Don’t Fight Depression

Feld Thoughts

The first half of this year was marked with the deepest depression I’ve had since 2001. As 2013 comes to an end, I feel some relief that what has been a difficult and confusing year is almost behind me.

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Interviewing Lucy Sanders at Entrepreneurs Unplugged on 1/28/15

Feld Thoughts

When she retired from Avaya Labs in 2001, she was CTO, R&D Vice President and Bell Labs Fellow and had about 600 people reporting to her. Lucy Sanders, the founder/CEO of the National Center for Women & Information Technology is a remarkable person. I’ve worked with Lucy since 2005 and she’s done more advancing the cause of engaging women in IT, computer science, and entrepreneurship than anyone I know. As a bonus, she – and NCWIT – are based in Boulder.

Cash Policies for Startups

Feld Thoughts

In 2001, we had several companies lose over $1m (including one that was public that lost $7.5m) in corporate bonds, which were being pushed on startups by the various banks as “safe.” I heard a rumor on a call the other day that some startup companies are starting to keep balance sheet cash in higher yield instruments such as corporate debt. This is apparently becoming trendy again as private companies do $25m+ rounds and end up with a bunch of cash on their balance sheets.

I Encourage Entrepreneurs To Ignore The Word “Bubble”

Feld Thoughts

In the tech industry, the great Internet bubble inflated between 1999 and 2000 and deflated (or popped) in 2001. I remember it well as 2001 was easily the most challenging year of my business life. I made a lot of mistakes in 1999 and 2000 that I’ve hopefully learned from (I believe I have) and took on a lot of challenging things between 2001 and 2005 which laid the groundwork for the business context that I find myself in today.

Something New Is F *d Up In My World Every Day

Feld Thoughts

I learned how to deal with this in 2001. By about June I realized that every single day of 2001 had been worse than the previous day. This is one of my favorite lines to use to explain the business life I live.

Introducing Services Arbitrage: The Perfect New Business For Non-Experts Looking For A Laptop Lifestyle Income Stream

Entrepreneurs-Journey.com by Yaro Starak

For seven years, from 2001 to 2007, BetterEdit.com was my main project. 2017 marks the 10-year anniversary of a big event in my life – the day I sold my editing company for six figures. It was also the first true Laptop Lifestyle online business I created, providing a full-time.

Vendini Acquires Austin-based CrowdTorch

SiliconHills

Its Vendini third acquisition since its founding in 2001. Vendini, a San Francisco-based live events company, announced Friday it has acquired CrowdTorch, an Austin-based consumer ticket and live event platform, previously owned by Cvent. The financial terms of the deal were not disclosed. Vendini plans to keep the CrowdTorch ticketing platform and operate it as […] The post Vendini Acquires Austin-based CrowdTorch appeared first on SiliconHills. Austin

How top VC firms use storytelling to connect with entrepreneur communities

The Next Web

billion to 3,995 deals, with investments in internet-specific companies reaching the highest total since 2001. Research from Pricewaterhouse Coopers (PWC) reveals that in 2013, US venture capitalistscommitted $29.4

The Doubly-Linked List Appears to Have Been Patented

Feld Thoughts

The linked list history goes back to 2001 , well before the patent was filed. I saw a tweet today that said “ The doubly-linked list, a structure I studied thirty years ago, has recently been patented.” After giggling at the absurdity of the idea, I went and at a patent dated 4/11/06 that appears to be for the doubly-linked list.

Startup Fundraising Trends: Ask the VCs

Early Growth Financial Services

This was the largest quarterly investment total since 2001’s first half. The trend continued in 2014: with activity during the six months through June the strongest since the comparable period of 2001. In case you missed our recent webinar, we featured panelists Lucas Nelson, Principal, Gotham VC; Marlon Nichols, Director, Intel Capital; Alan Wink, Director of Capital Markets for EisnerAmper LLP; and Sirk Roh, COO for Early Growth Financial Services.

a16z Podcast: Scaling Companies… and Culture

Ben's Blog

It was founded on 2001, IPO’d in 2008, and was acquired by SAP in … talent managementIn this episode of the a16z Podcast sharing more founder stories, Ben Horowitz interviews a16z partner Lars Dalgaard about SuccessFactors, one of the earlier software-as-a-service companies. (It

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1985: Oil Prices Will Go Up Forever

Feld Thoughts

In the Internet bubble, while I kept this lesson in the back of my mind, I ended up suspending disbelief, like so many others, in 2000 and into the spring of 2001. You don’t have to look very far to see some remarkable companies that survived and transcended the Internet bubble collapsing in 2001. This is not a post about a bubble, real or imagined. It’s a lesson from when I was 20 years old. I showed up at MIT as an eager freshman.

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Pre-Order Startup CEO, The Newest Startup Revolution Book

Feld Thoughts

I’ve worked with Matt since 2001 when I joined Fred Wilson and Greg Sands on the board of Return Path. Pre-orders for the new book Startup CEO: A Field Guide to Scaling Up Your Business by Matt Blumberg, CEO of Return Path, are available now on Amazon. Matt, who writes the awesome blog Only Once (which stands for “you can only be a first time CEO once”) has put a herculean effort into writing an amazing book while running a very large company.

10 of the Most Successful Investors of the Last 10 Years

The Startup Magazine

Belnick founded BizChair.com with $500 in 2001. The global financial crisis started in 2007 and it went on for much of 2008. Investments from capital markets to real estate plummeted. Ten years have passed since this crisis occurred. What have entrepreneurs been up to since then?

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Lessons From The Internet Bubble: Growth vs. Profitability

Feld Thoughts

Between the spring of 2000 and the end of 2001, I had the worst, most stressful, and most painful business period of my life. Over the weekend, Mark Suster and Fred Wilson each put up awesome posts discussing the idea of profitability in startups. Mark’s is a master class about how to look at the financial characteristics of a startup and Fred’s discusses what he’s been working on with some of his more mature companies. They are both worth reading right now.

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Between 2001 to 2008, Jobs reinvented the company three times. What happens to a company when a visionary CEO is gone? Most often innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory. Here’s why.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Between 2001 to 2008, Jobs reinvented the company three times. What happens to a company when a visionary CEO is gone? Most often innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory. Here’s why.

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Going Beyond Facial Recognition – Why The Future Of Security And Possibilities Lie In Video Analytics

YoungUpstarts

He previously cofounded Scintera, a fabless semiconductor company in 2001. by Abhijit Shanbag, CEO of Graymatics.

Hot Seat by Dan Shapiro: A Book Every Startup CEO Should Read

Feld Thoughts

In contrast, I’ve known and worked with Matt since 2001 when I first invested in his company Return Path (well – it’s a little more complicated than just an investment – see my post Return Path Launches Email Intelligence from 2012 where I recounted some of the story.).

"[Osama bin Laden] said at one point that he wants oil to be $144 a barrel"

Hacking Startups

“[Osama bin Laden] said at one point that he wants oil to be $144 a barrel” - Fears, Again, of Oil Supplies at Risk - New York Times, October 14, 2001

"[Osama bin Laden] said at one point that he wants oil to be $144 a barrel"

Hacking Startups

“[Osama bin Laden] said at one point that he wants oil to be $144 a barrel” - Fears, Again, of Oil Supplies at Risk - New York Times, October 14, 2001

How To Prepare Your Business For A Natural Disaster

YoungUpstarts

Founded in 2001, eFileCabinet, Inc. by Jesse Wood, CEO of eFileCabinet. Whether it’s a hurricane, tornado, flood, or earthquake, natural disasters can strike at any time and with very little warning.

How A Document Management System Brings Better Talent To Your Business

YoungUpstarts

Founded in 2001, eFileCabinet, Inc. by Jesse Wood, CEO of eFileCabinet. In the world of HR, one of the biggest battles is finding and hiring exceptional employees.

We Are Austin Tech: Lloyd Armbrust

Austin Startup

In 2001 he moved into online sales and then worked to built several newspaper websites from the ground up. Lloyd Armbrust has been working in and around newspapers for over 15 years when he started as a circulation call-center manager for the Duluth News-Tribune. In 2008, he started OwnLocal and in 2010 received funding from [.]. Editorial

Is the Lean Startup Dead?

Steve Blank

It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk. A version of this article first appeared in the Harvard Business Review.

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No Logical Relation Between Employment And Health Care: Kenneth Arrow

YoungUpstarts

Cara Wick started her banking career in 2001. by Cara Wick, President of Wick Financial. As healthcare makes headlines, I wish more people listened to Nobel Prize-winning economist Kenneth Joseph Arrow.

Launching Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur

Feld Thoughts

Our marriage almost ended in 2001. The second book in the Startup Revolution series, Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur , is shipping in the next week or so. My wife Amy Batchelor and I wrote this one, with contributions from about 20 other entrepreneurial couples. Amy and I have been friends since we met in college in 1984. We have been together as a couple since 1990. We got married in 1993. Today, I am ecstatic in my relationship with Amy.

Episode 50: Video Content and Profitability with Seth David

Mike Michalowicz

An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America. Also Available On. Show Summary.

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What we can learn from the UK’s top franchises

The Startup Magazine

1998 saw the 300 th pub open and its rapid expansion saw them reach 500 pubs being open by 2001. What we can learn from the UK’s top franchises. Franchises are popping up everywhere – that’s the whole point of them.

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Are Things Moving Faster Than In 1999?

Feld Thoughts

By 2001 when the Internet bubble burst, I was completely exhausted, and then I began a relentless grind for several years of cleaning up the mess I had created, followed by another relentless grind of working to get Mobius Venture Capital into a steady place and ultimately starting Foundry Group. I spent the day yesterday doing Denver Startup Week stuff.

[Review] Calling All Grads!

YoungUpstarts

Buscaglia should know something about this topic – after all he’s assigned, written and edited more than 2,000 job-related stories since he started working on the employment content pages for Tribune Media Services since 2001.

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[The Philippines] Harnessing Apps To Tackle Traffic

YoungUpstarts

trillion since 2001 due to traffic – a massive loss in productivity. Traffic in Southeast Asia’s megacities can be notoriously bad – for example, traffic in central Bangkok or Jakarta can come to an absolute standstill by 6pm.

We Will Never Need Another Financing

Feld Thoughts

Ask one of your friends who was a CEO of an Internet company in 2001.). I hear some version of this one all the time. “We will never need another financing.” ” “This financing will get us to cash flow breakeven.” ” “This is our last financing before we become profitable.” ” It’s probably b t. There are so many reasons companies raise more money in the future that even making an assertion like this is generally nonsensical.

The Art Of The Hollywood Hook: How To Grab An Audience In 8 Seconds Flat

YoungUpstarts

When Steve Jobs introduced the iPod in 2001, his hook was: “What if you could put a thousand songs in your pocket?”