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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. Nobody cared about our valuations any more. If they didn’t care about him they certainly didn’t care about me or Jason Lemkin or Jason Calacanis or any of us. It was a way to make it hard for your competition to compete. Until we weren’t.

Valuation 466
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The Changing Structure of the VC Industry

Both Sides of the Table

” The pioneering fund of funds realize that their source of differentiation is much more about the latter than the former. This is a structural shift in our industry few have talked about publicly. 2007 was the watershed year. But about that “bubble” we always hear about?

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Marketing and Growth Lessons for Uncertain Times

ConversionXL

Honeywell CEO Dave Cote also cautions against shortsightedness during economic downturns: I’ve been a leader during three recessions and I’ve never heard a management team talk about how the choices they make during a downturn will affect performance during a recovery. There will be a recovery and we need to be prepared for it. Survey design.

Marketing 121
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How To Negotiate with Vendors, Partners And Employees

YoungUpstarts

The more you know about the other side – the more options you’ll have during the negotiation. You’ll rarely be able to find much information about the person with whom you’re negotiating (although this is becoming easier with the amount of information accessible online). Think about people with whom you regularly negotiate.

Partner 171
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What I’ve Learned About Venture Funding

Both Sides of the Table

We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. I know we spoke about it this week. 10 is the new 3.

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What is the Definition of a Seed Round or an A Round?

Gust

Marc Andreessen kicked off another great debate on Twitter last night, one that I’ve been talking about incessantly in private circles for the past 2-3 years – what actually IS the definition of a seed vs. A-round. 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007.

Cap Table 136
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Five Strategies for Slaying the Data Puking Dragon.

Occam's Razor

Let him or her reach an independent, more informed, conclusion about the company’s performance. If a data distribution is approximately normal then about 68 percent of the data values are within one standard deviation of the mean, about 95 percent are within two standard deviations, and about 99.7 Focus on the outliers.

Metrics 266