Both Sides of the Table
MAY 23, 2012
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. And the future?
Steve Blank
NOVEMBER 7, 2023
Rent seekers are individuals or organizations with successful existing business models who use government regulation and lawsuits to keep out new entrants that might threaten their business models. The tech ecosystem got a rude awakening in May 1998 when the U.S. Bill Gurley’s point.)
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
VC Cafe
JUNE 26, 2023
But two years after Google came to the fore in 1998, Google became the number one search engine and “Googling” has become synonymous with web search. In the early days of the web, companies like AltaVista, Excite, WebCrawler and others competed in becoming the search engine of choice.
Steve Blank
OCTOBER 4, 2010
The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. The only problem is that it’s simply not true. Golder and G.
Steve Blank
NOVEMBER 1, 2010
But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. Customer Development, Business Model Design and Agile Development could have changed the outcome.
K9 Ventures
AUGUST 13, 2010
We really were doing the i-thing before Apple came out with its first iMac in 1998. In my mind, there are two main facets to Revenue Development: a) Business model iteration, and, b) Pricing iteration. Very often what a startup’s business model is going to be is unclear. The product worked.
Steve Blank
MARCH 18, 2011
Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model. Rules for building a company in 2011 are different than they were in 2008 or 1998. Startups began to recognize that they weren’t merely a smaller version of a large company. The New Exits.
Expert insights. Personalized for you.
347 
Let's personalize your content