Remove 1998 Remove Application Development Remove Viral
article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

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. Look at the rapid adoption of Groupon, LivingSocial or Instagram as proof of how rapidly businesses can grow through viral means. The Funding Problem.