Remove 1999 Remove Global Remove Internet Remove Revenue
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Praying to the God of Valuation

Both Sides of the Table

The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. There was no money train.

Valuation 466
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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

This was the year that the promise of technology to truly change the world and empower individuals (the reason I entered the tech world in 1994) reached global scale. As of year-end, Foursquare had over 15 million users, with an exponential growth rate globally.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

is the leading consumer internet company with Terry Semel as CEO. One partnership was clearly very divided and a vocal minority of GPs thought consumer internet companies were a massive waste of time and money. Consumer internet plays in Canada are rare, and finding a VC willing to give you the cash to scale is even more so.

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Gust Blog - Thoughts on startups by investors that fund them

Gust

I bought the Rocket eBook Reader in 1999. But in the real world, when you get to business numbers, sales are not accounts receivable and revenue isn’t income and people who read financial projections need to know that an apple is an apple, and not an orange. . I have the purchase history to prove it.

Startup 180
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What if it’s 1996, not 1999?

Seeing Both Sides

million in revenue the year before. . But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. The Internet bull market continued to run for four more years after the Open Market IPO, finally ending in the spring of 2000.

IPO 48
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It’s Morning in Venture Capital

Both Sides of the Table

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. In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally.

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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.