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In 1998 there were around 850 VC funds and by 2000 there were 2,300. In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million. To really assess what opportunities the VC industry has over the next decade, one needs to first look at some of the root causes of poor returns in the past decade.
In 1998, Google founders were ready to sell it to Yahoo for USD one million — but Yahoo refused the opportunity. Multiple tools and technology available can enable innovation in organizations, no-code software development being a pioneer in them. ApplicationDevelopment Activity.
In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. The inflation-adjusted data from the last bubble tells the story: In the 3-year period from 1998-2000, venture capital firms raised more than $200 billion, which represented about 0.55% of the national GDP.
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