Remove 2007 Remove 2008 Remove 2013 Remove Pricing
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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. In those years I learned to properly build product, price products, sell products and serve customers. Between 2006–2008 I sold both companies that I had started and became a VC. Until we weren’t. Nobody cared about our valuations any more.

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What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. It pains me to see the typical (and predictable) responses on Twitter, “VCs want prices to drop!” ” “Sure, prices are dropping. What hogwash.

Startup 150
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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

In 2013 it is expected to be around $35 billion. Compare the state of play in 2013 versus 15 years ago. 2008 App ecosystem on iOS = $0. 2013 = $25 billion of which Apples stage is more than $8 billion at > 90% gross margin. So I prefer to watch what works first and pay a higher price to get in when it’s proven.”