Feld Thoughts

AUGUST 25, 2015

The key reason for the explosion in capital flowing into the industry, and therefore the large increase in practitioners, had nothing to do with 1970’s performance, early stage investing, or technology. Instead, the driver was the 1983 bull market. “By January 1984, investors had turned away from hardware toward software.”

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). In fact, far better if you haven’t raised venture capital. The longer you wait the higher the price they’ll have to pay and the less time the clock will be ticking on long-term capital gains tax.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

paulgraham.com

SEPTEMBER 23, 2012

To grow rapidly, you need to make something you can sell to a big market. Writing software is a great way to solve (b), but you can still end up constrained in (a). If you write software to teach Tibetan to Hungarian speakers, youll be able to reach most of the people who want it, but there wont be many of them.

Startup 111

Startup Technical Review Software Review Acquisition 111

Entrepreneurs-Journey.com by Yaro Starak

MARCH 25, 2011

Eventually the Internet came along and the Trading Post no longer commanded the secondhand market like it once did (though it did successfully transition online). I didn’t use any software and most of the payments I received back then was via check or money order in the mail. Some kids would even send money and even coins (!)

Affiliate 112

Affiliate Internet Software Review Advertising 112