Remove 2006 Remove LAMP Remove Pricing
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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

It was driven by the introduction of open-source software, most notably what was called the LAMP stack. They knew the venture math that if only 50 companies / year are sold North of $100 million the entry price for their investments mattered. These funds were active back in 2006 when I was raising money for my second company.

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Praying to the God of Valuation

Both Sides of the Table

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. We had lamp shades on our heads, tequila in our glasses, loud music and perhaps too much sand, and burning men, and art exhibits and tres commas.