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Ardent War Story 5: The Best Marketers Are Engineers

Steve Blank

I would discover that there was a more effective alternative in building a marketing department than hiring traditional marketers with MBA’s. I would discover that there was a more effective alternative in building a marketing department than hiring traditional marketers with MBA’s. Context here.)

Engineer 224
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

When I first got into the industry it was 2007. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations. The market had tanked. It was many events that led to the crash but perhaps this was the pin that pricked the market.

Stock 305
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The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary. Why did the VC markets freeze so quickly? Market downturn – We all know that investors move in herds. But imagine a VC that did 12 deals per year in 2006, 2007 & 2008. Short answer – yes.

Burn Rate 263
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How is the VC Asset Class Doing?

View from Seed

One of the things I pointed out in my prior post was that even though the 2007 vintage was 10 years old, the vast majority of the value was still unrealized. If we compare the 2007 vintage data today vs. what we looked at 2 years ago, it gives us a sense of how much liquidity that vintage has enjoyed in the last couple years.

LP 256
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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I become a venture capitalist in September 2007 – exactly 6.5 It turns out it actually takes time to build a high-growth business with differentiated intellectual property and roll out large, enterprise-class marketing solutions. years ago. That company was Invoca, which just announced a $20 million fund raise led by Accel.

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Why Startups Should Raise Money at the Top End of Normal

Both Sides of the Table

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. I can’t control the market. Private markets for stocks are the opposite.

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Social Networking (the Shorter Version) Past, Present, Future

Both Sides of the Table

Facebook had grown stratospherically from 2004-2007 to 100 million users and was everything that MySpace wasn’t. It was: up-market, exclusive, urban, elite, aesthetically pleasing, ad-free and users were verified. In May 2007 there were fears that Google was becoming a monopoly.