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The Coming Zombie Startup Apocalypse

This is going to be BIG.

Sam Altman of YC recently pointed out that pulling back during the downturn in 2008 would result in several big misses: In October of 2008, Sequoia Capital—arguably the best-ever in the business—gave the famous “RIP Good Times” presentation (I was there). A few months later, we funded Airbnb. Enter the Zombie Startup Apocalypse.

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Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

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Meet retail’s new sustainability strategy: Personalization

TechCrunch

Startups that deliver sustainable personalization solutions that also improve business for retailers and brands fall into three categories: AR virtual try-on with shade matching. Advanced virtual fitting rooms with VR/AR for fashion.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) and now they’re all buying their way into innovation and talent. This is cheaper for them than waiting for big competitors and buying companies at big prices.

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The Founder’s Playbook: Winning Mindsets & Startup Strategies

American Entrepreneurship

Risk-Taking: He reinvested his entire PayPal earnings (~$180M) into Tesla and SpaceX, nearly going bankrupt in 2008. sustainable energy, interplanetary travel) and builds companies to solve them. Resilience: SpaceX had multiple rocket failures before successfully launching into orbit in 2008.

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On Funding?—?Shots on Goal

Both Sides of the Table

Shots on Goal Being great as a startup technology investor of course requires a lot of things to come together: You need to have strong insights into where technology markets are heading and where value in the future will be created and sustained You need be perfect with your market timing. Being too early is the same as being wrong.

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Technology Trends: 10 Areas of Innovation to Watch for 2012

This is going to be BIG.

2004 gave us widespread blogging and Meetups, and 2008 showed how the web could be a community organizing and fundraising tool. (PS.there are various companies in this article I have or have had business involvements with. Reader beware.). Open Government. Election years tend to be good for technology diffusion.