Remove 2007 Remove 2013 Remove Mentor 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. Until we weren’t. Nobody cared about our valuations any more. We had nascent revenues, ridiculous cost structures and unrealistic valuations.

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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 hard for me to imagine the Fred Wilson and Albert Wenger weren’t instrumental mentors to David. hours / day.