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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. By 2000 the total LP commitments had mushroomed to more than $100 billion. So of course returns from 2000-2010 were subpar on average for the industry. In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million.

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The Lindy Effect on startup potential

A Smart Bear: Startups and Marketing for Geeks

Will you ever get 2000? I hope so, but most companies that do get 100 never get 2000. ” Going from 1000 to 2000 in six months is more like it.). Consider the question: How large can your company get? If you’ve gotten 100 customers you can probably get another 100 in a similar way.

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

Both Sides of the Table

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. side note: our last fund at GRP Partners is currently ranked as the 5th best performing fund of the year 2000.

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Burning Platform: Developers, Developers.

deal architect

In September 2000, Steve Ballmer was ahead of most executives in loudly cheering for software developers. In the 31st episode of the series I am joined by James Governor, co-founder of Redmonk. The video below leads off with his exuberance.

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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash. It’s the antithesis of the Lean Startup. And it may work. Dot Com Boom to Bust. It was a nuclear winter for startup capital.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. This month we closed our 4th fund of $200 million.

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The public invisibility of running mid-stage successful companies

A Smart Bear: Startups and Marketing for Geeks

Some come from lessons you can only learn in the field with 2000+ servers and 100,000+ installations of an application. The unique technology we’ve built, that we’ve prototyped, that we’re contemplating, is fascinating and valuable. Some of it is algorithmic.

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