Tomasz Tunguz

FEBRUARY 9, 2023

Amy Cortese published “Venture Capital, Withering & Dying” in the New York Times on Oct 21, 2001. Venture capital funds lost 18.2 percent, on average, for the 12 months ended June 30, according to Venture Economics, while Internet-specific funds were down 27.7

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This is going to be BIG.

NOVEMBER 9, 2015

When I first started in venture capital, back in 2001, I used to fund funds. I worked for an institutional investor that invested in both venture capital funds and later stage growth deals. My job was to figure out why certain firms were winning and why they might continue to win.

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This is going to be BIG.

DECEMBER 2, 2014

I got my first job in venture--at GM--in February 2001. Venture Capital & Technology' I got an internship on the buy side at the GM pension fund in high school--in 1997. I started a business newspaper in 1998 in college covering the stock market and the economy. After my two year stint was up, I bought a domain name.

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Both Sides of the Table

FEBRUARY 25, 2010

It quickly became impossible to raise venture capital. I lived through this again September 2001. It isn’t even a story about raising venture capital or M&A. Don’t over shop – If the deal you’re involved with involves raising venture capital or selling your company you naturally want some competition.

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Both Sides of the Table

JUNE 28, 2010

This lasted from about 2001-2004. Since then Mike his built his career by investing in early-stage companies (seed or series A), which is remarkable given that Polaris Ventures is a $1 billion fund. -Example of publishers include: moviefone, Fandango, Jingle, SayNow, and voice blogs. Founded in Sunnyvale, CA in 2001.

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This is going to be BIG.

APRIL 3, 2012

I've been in venture capital (with the exception of a year in product management and two years as an entrepreneur) since 2001, when I started doing late stage venture and fund investing at a big financial institution.

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Both Sides of the Table

FEBRUARY 8, 2010

This is part of my ongoing series on Raising Venture Capital. Not so in venture capital. My chips were down in late 2000 / early 2001. I often tell people that raising money is worse than getting married. I have to be careful in how that sounds because I love my wife and am happily married. My story briefly.

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Both Sides of the Table

SEPTEMBER 2, 2009

In my first company I had to raise money in April 2001 or die. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. And importantly you start thinking about your next gig. That’s when the VC has lost. I know because I’ve been there. Tweet This Post Facebook.

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Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.

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Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? Until we weren’t.

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Both Sides of the Table

SEPTEMBER 27, 2010

There are real changes in the venture capital industry and it would have been fun to talk about them. I discussed it in my post on the topic linked above. ** One small note: many VCs who got into the industry in 2001 or later have never seen a “carry&# check. Answer: Not much. It’s a shame.

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Both Sides of the Table

JUNE 22, 2011

An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe. It’s what I love about entrepreneurship and about venture capital. Those with strong business models suddenly stand out when the tide goes out.

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Innovation 2 Enterprise

NOVEMBER 21, 2024

Since first investing in Oklahoma startups in 1999, i2E, and now its independent Venture Capital Fund management partner, Plains Ventures, have managed numerous early-stage debt and equity investment funds, making 452 investments in more than 250 companies. million in 2001. Novazyme Pharmaceuticals Inc.

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Both Sides of the Table

JANUARY 31, 2010

We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. We found a way to make our venture capital last when it shouldn’t have, at around the same time one of my all time favorite New Yorker cartoons was published on this topic.

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Both Sides of the Table

AUGUST 24, 2015

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. At least later stage investors.

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Dream It

APRIL 12, 2020

Martino outlined essentially two types of outcomes for this financial crisis from a historical perspective: “In 2001-2003, there was a depression in Silicon Valley. This crisis comes on the heels of an abnormal time for venture capital. “This is where history is very important, and we don’t yet know the situation we’re in yet.”

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TechCrunch

APRIL 11, 2022

At the same time, he added, “high interest rates may also increase the demand for venture capital when bank lending is less attractive to entrepreneurs.” Whether we will see as dramatic a correction in the next few years as we did in 2001 to 2003, however, is anyone’s guess.”. “If India-based 100X.VC

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TechCrunch

JUNE 7, 2022

EDT, we’re hosting a Twitter Space with new contributors who are covering climate, crypto, venture capital and more. “The biggest issue in venture today isn’t interest rates, revenue multiples or any of that,” posted SaaS investor Jason Lemkin on Twitter yesterday. The TechCrunch+ team is growing! PDT/11 a.m.

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Feedough

SEPTEMBER 30, 2020

But, still, every startup, especially those seeking angel and venture capital funding, are conditioned to project this growth curve – because investors love it. Surging Growth: This period started in 2001. Today, disruption is rather slow-paced. Not every startup see such hockey stick growth. Go On, Tell Us What You Think!

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StartupNation

DECEMBER 6, 2020

At the same time, according to research by All Raise, only 15 percent of all venture capital funding is allocated to female founders. This growth, rapid brand recognition, and the quality of the products caught the eye of The Walt Disney Company, which acquired the business for an undisclosed amount the following year in 2001.

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Tomasz Tunguz

JULY 22, 2014

If this pace of fund raising continues, 2014 would mark the biggest year for VCs since 2001, when the industry raised about $38B. The second quarter of 2014 is the sixteenth largest by capital deployed sinced 1995, making it a top quartile quarter, but to break into the top five, that figure would need to triple.

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TechCrunch

DECEMBER 27, 2022

Jennifer Queen is the founder of Pina , a PR firm focused on startups and venture capital firms. Latin American venture capital and growth investments through 2018 had averaged less than $2 billion per year. With quality growth companies starved for capital, the few investors active in the region were making a killing.

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Gust

SEPTEMBER 17, 2014

Me: So, you raised venture capital? Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. On the phone ….

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TechCrunch

JULY 7, 2021

As a frontline state and coalition partner in the United States’ invasion of Afghanistan, Pakistan saw fatalities from terrorist violence soar from 295 in 2001 to a peak of over 11,000 in 2009.

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Revolution

DECEMBER 13, 2023

Taking extra risk in the 2001–02 and 2008–09 time periods paid off. That discomfort is the point. The graph below shows a history of this Total Score compared to a historical series of three-year forward real estate values. The highest score ever was 97.6

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abovethecrowd.com

JANUARY 24, 2014

And the venture capital firms that pulled back in 1996 missed the best three years of return in the history of venture capital industry. Those that managed companies in 2008 or thirteen years ago in 2001 know exactly how fear feels. Internet Uncategorized Venture Capital Investing' And this is not it.

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Revolution

DECEMBER 13, 2023

Taking extra risk in the 2001–02 and 2008–09 time periods paid off. That discomfort is the point. The graph below shows a history of this Total Score compared to a historical series of three-year forward real estate values. The highest score ever was 97.6

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Gust

OCTOBER 20, 2011

– Need venture capital. This article was originally written in May 2001, revised extensively in January 2011 and again October 2011. Key partners in place. Need for additional rounds of funding. Another angel round. Positive other factors. – Negative other factors.

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TechCrunch

DECEMBER 12, 2020

Here’s more: Now north of $200 million in revenue, [ Nextiva ] is a quiet giant and, notably, has not taken venture capital funding along its path to scale. From Alex : Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast ( now on Twitter! ), where we unpack the numbers behind the headlines.

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Both Sides of the Table

MARCH 11, 2010

This is part of my ongoing series on Raising Venture Capital. Recently I’ve been debating with a number of young startup companies that are raising money in the next few months, “what is the right about of capital to raise at a startup?&#. It’s a tricky question with no clear answer. There are trade offs.

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This is going to be BIG.

JUNE 17, 2013

After I graduated in 2001, I remember it seeming impossible to feel the same way about living in New York City. It''s My Life Venture Capital & Technology' Being intensely involved in community life there made the campus seem small and familiar. Also, let us know if you''re willing to host.

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Both Sides of the Table

APRIL 27, 2010

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. So how did I come to work in the world of venture capital?

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StartupNation

DECEMBER 6, 2020

At the same time, according to research by All Raise, only 15 percent of all venture capital funding is allocated to female founders. This growth, rapid brand recognition, and the quality of the products caught the eye of The Walt Disney Company, which acquired the business for an undisclosed amount the following year in 2001.

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TechCrunch

MARCH 21, 2023

I haven’t been involved in return-of-capital scenarios prior to this cycle. I do know one company that returned 70% of its capital during the 2001 cycle after everything shut down, and one of the co-founders was able to raise a successful round a few years later, but I’m unclear if it was correlation or causality.

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OkDork

DECEMBER 9, 2022

In the last quarter of 2001, Amazon finally turned its first profit. Bezos Expeditions is Jeff’s personal venture capital firm, and it invests in a variety of startups and established companies. Another 3 years later, cash flow was drying up, so Jeff borrowed $2 billion dollars from the banks.

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Tomasz Tunguz

SEPTEMBER 9, 2012

Instead, venture capital growth funds are financing these companies at these stages. The fraction of small IPOs with negative EBITDA has doubled to nearly 90% in about 30 years. Small IPOs. . Large IPOs. . Number. % < 0. Number. % < 0. Once public, profits don’t improve. Public investors punished them for it.

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Tomasz Tunguz

AUGUST 14, 2014

The chart above compares the total number of MegaRounds, those VC investments of $50M or more, from 2001 through 2013. Rather, they empower startups to remain private longer and continue to grow, which enables them to command higher valuations and raise more capital at IPO. Last year, there was 1 MegaRound for every 2 IPOs.

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