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Bezos' Shareholder Letter in 2000

Tomasz Tunguz

Jeff Bezos wrote this to start his annual shareholder letter in the year 2000. It’s been a brutal year for many in the capital markets and certainly for Amazon.com shareholders. As of this writing, our shares are down more than 80 percent from when I wrote you last year. But he might have written it today. before falling to $0.298.

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The Future of Brick and Mortar

This is going to be BIG.

Story is a 2000 square foot retail space with "a point of view" that is part store, part event, rotating on a regular basis to feature different themes. Perhaps the most widely known example that touches the tech community is General Assembly --almost 30,000 square feet.

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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 De-Carbonization Of The Economy

A VC: Musings of a VC in NYC

My partner Albert told me that when you factor in the financing costs of this swap, the average home in the Northeast United States could save $1000 to $2000 a year by doing this swap. It has gotten less expensive to do this swap out as solar and heat pump costs have come down.

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Angel 101: Read This First…A Primer for New Angel Investors

The Seraf Compass

When I made my first angel investment in 2000, I wish I knew then what I know today. Experience is what you get, when you don’t get what you want. As a newly minted angel, I assumed that angel investing would be easy to jump into and become successful at. I was partially right… it was easy to jump into.

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Startup Founders Should Flip Burgers

Both Sides of the Table

million which closed the first week of March 2000 – a week before the market crashed. Back to BuildOnline, following the staggering decline in public market valuations throughout 2000 we were forced to cut our staff dramatically going from 92 employees to 38 in just one day (and down to 33 a month later). True story.)

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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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