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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.

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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.

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Serial CEO Judy Estrin On Startups and Innovation

ReadWriteStart

She was the former CTO of Cisco Systems from 1998-2000, and is on the boards of Disney and Packet Design and was a board member at Sun and FedEx for many years. The point here is that you can have very different and all valid success metrics, but it is important to keep in mind what you are trying to accomplish with your startup venture.

CTO Hire 118
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Why SWOT Analysis Belongs in Your Business Plan

Up and Running

It was also in a SWOT session that we realized we needed to make our product downloadable on the web (back in 1998, when we were among the first). Our SWOT sessions took only an hour or two. We used a whiteboard and worked on bullet points.

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Datablindness

Startup Lessons Learned

That’s because many of our reports feed us vanity metrics: numbers that make us look good but don’t really help make decisions. Yet even among those who have access to good actionable metrics, I’ve noticed a phenomenon that prevents taking maximum advantage of data. Too much of this data is non- actionable.

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Lessons Learned: Lean hiring tips

Startup Lessons Learned

This is another sub-optimization caused by incentivizing the wrong metric. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. This is a variant of the time-quality-money fallacy , and it is not necessarily true.

Lean 140
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How to Improve Governance for Your Hospital Board

Board Effect

Liam Donaldson was the first one to come up with the idea of clinical governance around 1998. These are the metrics by which hospitals can and should be assessing their governance practices. That’s still a worthy goal for today’s healthcare providers. What Does Good Governance for Hospitals Look Like?