Remove 1998 Remove Internet Remove Revenue
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 an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. The Funding Problem.

article thumbnail

What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

The Bridge Between Online Services & The Internet: AOL. It was an online community like CompuServe and eventually started offering people dial-up access to the Internet for a monthly fee. AOL was controlled by one company and the Internet was distributed. AOL was closed, the Internet was open. And then came AOL.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Here’s my take: 1. Our current fund was raised in 2008/09.]

LP 311
article thumbnail

Gust Blog - Thoughts on startups by investors that fund them

Gust

And in January I saw that digital music overtook physical media for the first time in 2011, something I expected since 1998. I bought the Diamond Rio mp3 player in 1998. I’ll try to offer some guidelines to address these issues, but I generally recommend you keep the day job until your new company is producing real revenue.

Startup 180
article thumbnail

Bubble Trouble? I Don’t Think So

Ben's Blog

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.

article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

In 1998, a few years after launching, the company got a $200,000 SBA-guaranteed loan. Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. iRobot — From robots to riches.

Columbus 134
article thumbnail

New Rules for the New Internet Bubble

Steve Blank

We’re now in the second Internet bubble. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. Carpe Diem.

Internet 335