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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. 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). Until we weren’t. Nobody cared about our valuations any more.

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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. 2013 = $25 billion of which Apples stage is more than $8 billion at > 90% gross margin. And Coach Campbell. But I became a VC in 2007 and wrote my first check in 2009 – 4.5 hours / day. Ergo I suck.