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After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation

TechCrunch

Most companies don’t announce their first venture investment after almost 20 years in the business, nor do they announce that round is the equivalent of a good startup’s entire private fundraising history. billion investment on a $3.75 He says that the company started back in 2002 as a plug-in for PowerPoint.

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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. million pre-money valuation is now raising $1 million at a $12 million valuation the next investor has nowhere to go but up (or sit out the investment). Have a cushion.

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Because the Domain Makes it Really Real

This is going to be BIG.

My godfather got me IBM stock right after that, so that''s how I knew that a stock market and investing existed. I tried to write a book for college kids in 2002-2003, couldn''t get it published, so I started blogging in February of 2004. My dad brought home an IBM PS/2 in 1987. I got my first job in venture--at GM--in February 2001.

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Does the Size of a VC Fund Matter?

Both Sides of the Table

VC’s don’t invest 100% of their own money. They raise money from institutions who want to have some allocation of their investment dollars in a category known as “alternatives,&# which is supposed to mean higher risk, higher returns. And funds also have investments from the partners of the firm.

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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

In 2002 after exiting his second company he was attracted to the variety of being a VC. Are you thematic in your investing or entrepreneur focused? (11:40-14:15). In 2003 one of their first investments was Qiigo, Mike Yavondite’s company. The in invest in IT (Software + Internet + Healthcare). How did you get into VC? (9:30

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The Trouble with Venture Capital Data

This is going to be BIG.

Sounds like a huge amount, but only later does he say that only " 476 funds which had known Net IRR values, the overwhelming majority of which were from vintage 2002, or more recently." Conservatively, though, this data set of mostly 2002 or later funds would cover about 4 funds from each firm given that timeframe. Cash in the bank.

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Why You Should Make Your Competitors Your Frenemies

Both Sides of the Table

We don’t want to be the person who invested in your company only to find out later there was a much better team and/or product in the market. Or that we’ve invested in a company where there is no market demand. We’re all basically trying to validate the same thing in looking for competition.

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