Both Sides of the Table

FEBRUARY 12, 2019

The reality is that as a result of two major trends the costs of starting a technology startup went down massively. Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. So What Impact Did the Drop in Tech Founding Costs Have on VC? The “A Round” of my startup in 1999 was $16.5

Venture Capital 328

Venture Capital Invest Seed Funding Startup 328

Both Sides of the Table

DECEMBER 5, 2010

Back then were were looking for the same things users look for today – the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences. At the bottom end of the stack is storage (S3) and processing (EC2). But the masses didn’t want to blog.

Social Network 297

Social Network Networking Web 2.0 Web 297

Both Sides of the Table

DECEMBER 5, 2010

We were looking for what I call the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences (fun!). They had a proprietary browser, their own search engine, their own content, chat rooms, email system, etc. then bought GeoCities for $3.6

Social Network 318

Social Network Networking Web 2.0 Startup 318