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We Don’t Talk Enough About Money In Silicon Valley, Revisited

Hunter Walker

But that was back in 2004 and the trillions of dollars of wealth created since in startups, big tech companies and crypto makes earlier questions of extravagance seem quaint. I never heard about giraffes after Google’s IPO, although reportedly one early engineer did buy a carnival-size ferris wheel.

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How’s Venture Capital Changing in 2023

VC Cafe

Maybe surprisingly, but emerging managers in particular, outperformed ‘blue chip’ funds from 2004 to 2020. The result is mass layoffs (over 119,000 in the US since the beginning of 2023 and it’s only Feb), down rounds (even for Silicon Valley darlings like Stripe) and fund terms that go above the 2/20 standard.

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Hear how the Lean Startup began — and helped one company find success: Episode 2 on Sirius XM Channel 111: Eric Ries and Jon Sebastiani

Steve Blank

Back in 2004 when Eric and his IMVU co-founder Will Harvey approached me about investing in IMVU, I agreed on one condition – they had to take my Customer Development class at UC Berkeley Haas Business School. . That’s part of the magic of Silicon Valley.”. Taking My Class. If you can’t hear the clip, click here.

Lean 120
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Can You Trust Any vc's Under 40?

Steve Blank

What this meant for entrepreneurs and VCs was a bit more complex– the IPO market was all but closed (with the Google IPO in 2004 as a brilliant exception), but it was possible find a buyer for your company. My experience of 2001-2004 is very remote from what you are describing. Steve Blanks 30 years of Silicon Valley startup advice.

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Is the Lean Startup Dead?

Steve Blank

The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

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Support an Entrepreneur: Buy Local Technology

ReadWriteStart

There was a wonderful conversation two weeks ago on the NY Times' Room for Debate around " Can New York Rival Silicon Valley." That certainly wouldn't have been a credible way to frame the question in 2003 and today while I hope it doesn't try to become Silicon Valley the entrepreneurial community in NYC is second to none.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Google is still a private company (their IPO was Aug 2004). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. conference happened at the end of 2004). Our growth started in Silicon Valley and our users were still predominantly from the tech world for the first year or two.