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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. Or worse yet they may never get financed. That happened a lot in 2002 and again in 2008. That asset class need not represent the broader market. Have a cushion.

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Why Web3?

A VC: Musings of a VC in NYC

It reminds me of the early days of web2 in 2001/2002/2003, when we started USV. As such Web3 can, if properly developed and with the right kind of regulation, provide a meaningful shift in power back to individuals and communities. The good news is there are literally tens of thousands of teams building new things on a web3 stack now.

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Why You Should Make Your Competitors Your Frenemies

Both Sides of the Table

We all know that the existence of startups is all about limited resources, huge time pressures and a constant struggle to time market adoption and investor financing. Galvanizing the Company – And of course one of the biggest benefits of enemies is galvanizing the company.

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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

Venture Financing. Founded in 2002 and expanded after founders graduated from CMU in 2006. We also discussed the following deals of the week. Want to know our opinion on the deals? Watch the show! We covered ‘em all. Founded by James Reinhart out of Harvard Business School (semi finalist in annual business plan competition).

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How Venture Funding For Early-Stage Startups Will Change During the COVID-19 Crisis

Dream It

eBay hosted a jobs fair in 2002 for 75 jobs and 2,000 people showed up,” states Martino. Liquidation preferences may change in later financing rounds, but probably too significantly. It went from 1 million employed people to 750k employed people within 18 months. It wasn’t fear, it was boredom,” states Martino.

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Bezos' Shareholder Letter in 2000

Tomasz Tunguz

Just as important, though, Amazon managed their finances well. Throughout those 15 years, Amazon constructed a monolith heavier and more valuable than almost every other business in the world, despite the vacillations on Wall Street. Amazon stood fast to their principles throughout. Net Income, $m. Cash & ST Equivalents, $m.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Maybe they were in their 20s in 2002 when being a startup CEO wasn’t really available to most? We did the early round of financing and the founding team walked when the market turned and when the situation got tough. But I also have advice for the 15% that really do want to be a startup CEO. ” (Warren Buffett).

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