Bezos' Shareholder Letter in 2000

Tomasz Tunguz

Jeff Bezos wrote this to start his annual shareholder letter in the year 2000. It’s been a brutal year for many in the capital markets and certainly for Amazon.com shareholders. As of this writing, our shares are down more than 80 percent from when I wrote you last year.

How Similar is the Fundraising Environment Today to 2000?

Tomasz Tunguz

In Q2 2015, VC investment totaled $16.7B, about a 66% of the $28B deployed in Q2 2000 according to a new report. However, the number of investments per quarter is about half of 2000. And the trends shows no sign of stopping. A big contributor to this growth are nontraditional investors including mutual funds and hedge funds, which now account for approximately 40% of dollars invested.

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Lessons from Interviews of Pre-Eminent VCs in 2000

Tomasz Tunguz

In fact, I found only two books: a textbook on private equity and venture capital by HBS professor Joshua Lerner, and an out-of-print collection of 32 VC interviews called “ Done Deals ,” published in September 2000. By my estimates, VCs are investing less than 1 ⁄ 3 of of the roughly $100B deployed in 2000.

The #1 Mistake Attracting Soon-To-Fail Entrepreneurs

Entrepreneur's Handbook

Entrepreneurship is not an escape fantasy you can buy for $2000 Continue reading on Entrepreneur's Handbook ». business entrepreneurship success startup work

Angel 101: Read This First…A Primer for New Angel Investors

The Seraf Compass

When I made my first angel investment in 2000, I wish I knew then what I know today. Experience is what you get, when you don’t get what you want. As a newly minted angel, I assumed that angel investing would be easy to jump into and become successful at.

Operationalize Your Startup

Paul G. Silva

Originally a computational physicist who spent many long nights at a particle accelerator, since 2000 Paul inspired thousands of people to innovate, help hundreds of startups launch, overseen investments in 50+ startups and held leadership positions in the national angel investor community.

How to Get a VC's Attention at an IRL Event

This is going to be BIG.

4) Don’t push for me to say yes or no right then—because I see 2000 things in a year and do 8-10 of them. A few years ago, I was at Techcrunch Disrupt and this guy taps me on the shoulder as I was chatting in a group. He simply extended a handshake and said: “Hi, sorry to interrupt.

Sevens Don't Get Funded

This is going to be BIG.

I get 2000 things passing through my inbox in any given year, and I make about ten investments per year. How excited do you think I am if I’m only picking the top 10 out of 2000? Ask any VC how excited on a scale of one to ten they are about their latest deal, and they’ll tell you eleven out of ten.

How to Build a Successful Partnership in Work and Life

Entrepreneurs' Organization

In January of 2000 my husband, Jamie, asked me to come work with (for) him. Contributed by Katty Douraghy, president at Artisan Creative , a member of EO San Franciso and the MyEO Women of EO Champion. .

4 Lessons learned from building a sustainable business model

Entrepreneurs' Organization

The even bigger issue to making home automation ubiquitous is cost: Since 2000, the cost of homes has outpaced household income in all but the years 2007–2012. EO is an avid supporter of the UN Sustainable Development Goals (SDGs) ?17

Advice from Warren Rustand: Put Your Head Down and Walk Into the Storm

Entrepreneurs' Organization

Some of us remember the 2000 dot-com crash. Written for EO by Kalika Yap , an Entrepreneurs’ Organization (EO) member in Los Angeles. Yap is a thriving serial entrepreneur whose businesses include Citrus Studios , Luxe Link , and the Orange & Bergamot.

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i2E joins with OLSF Ventures, others in $4.5 million investment in Access Optics

Innovation 2 Enterprise

Access Optics was co-founded in 2000 by Bob and Pam Hogrefe and today employs 37 people at its 20,000 square foot headquarters in Broken Arrow. OLSF Ventures (OLSF) is an early-stage health care and life science fund that has been operational since 2000.

3 steps toward agility and resilience

Entrepreneurs' Organization

Companies in developed markets have churned out profits at a historic pace, despite massive economic dislocations like the bursting of the dot-com bubble in 2000 and the global financial crisis eight years later.

GitLab S-1 Analysis: How 7 Key Metrics Stack Up

Tomasz Tunguz

More than 2000 employees work all over the world and have collaborated to build a massive software business. GitLab is the first fully remote software company to go public. GitLab provides a suite of DevOps tools that enable engineering teams to build and deploy software, and then secure it.

What Is Churn Rate? – Meaning, Types, & Formulas

Feedough

It added another 2000 customers the same month, of which 500 churned out as well. Even if the business added 2000 users in July, the churn rate wasn’t affected by it. It added another 2000 customers the same month, of which 500 churned out as well.

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[CyberX in Yahoo Finance] CyberX Continues Strong Growth and Business Momentum in 2019

OurCrowd

CyberX, the IoT security company, today announced record growth in 2019, tripling bookings year-over-year and securing a series of impressive Global 2000 customer wins.

The Web3 Ice Age

Entrepreneur's Handbook

A Historical Cycle: market crash and the dawn of new eras In mid-April 2000, the tech-heavy NASDAQ fell by 25% percent. And like the onset of the Dot-Com Crash in 2000, it kept falling, along with Ethereum and many more projects.

Have you heard? Eyeballs aren’t everything.

Berkonomics

Remembering the insanity before 2000. But, when the bubble burst in 2000, most of us quickly grew up. Remember when?

The Figures that Will Move the Venture Capital Market in the Next 5 Years

Tomasz Tunguz

Our story starts in the bottom right of corner in the year 2000 with 6% interest rates and $18.2b This weekend, Janet Yellen said the US economy would benefit from an increase in interest rates. The Fed has been struggling to combat historically low inflation.

Why I Angel Invest

Angel Capital Association

THE ORIGIN I was the Founder & CEO of InboxDollars from 2000 to 2019. About Daren Cotter : I founded InboxDollars from a dorm room (literally) as a college freshman in 2000.

U.S. Venture Deal Activity during the COVID-19 Pandemic

Ian Hathaway

In fact, through the first three quarters of the year, 2020 is on pace to be the most active year for venture deals since the Dotcom era peak in 2000. Zooming out, that indicates that 2020 is on pace to have more venture deals than any year since the peak of the Dotcom boom in 2000.

8 factors to consider when fundraising during a downturn

TechCrunch

I have experienced two major financial disruptions in my career: the bubble burst in 2000 and the financial crisis of 2008. Karl Alomar. Contributor. Share on Twitter. After managing and exiting two startups over a 20-year career, Karl is now M13’s managing partner.

We Really Need Large Corporates—With the Right Motives

GAN

Corporates, of course, are companies considered to be part of the “Fortune 500” or those on the S&P 2000 and they share a few things in common. If you read my blog regularly, you know I’m a really big believer in revenue as one of the most important metrics for startups. And, that partnering with corporates is one of the best ways for startups to generate revenue.

The Hit Rate

A VC: Musings of a VC in NYC

Before 2000, the venture capital business was a bit of a cottage industry. This simple and short blog post by the folks at Correlation Ventures contains the key to venture capital returns – the hit rate. In the Correlation post, they define “hit rate” as: the percent of invested dollars generating a 10X or greater return. But “hit rate” could be something else. It could be the number of investments in your portfolio that return the fund.

The Venture Capital Math Problem Revisited (aka How Could You Be So Wrong?)

A VC: Musings of a VC in NYC

I suspect that last paragraph that I quoted should read “the biggest deal, $50-100bn, represents 5% of the total value of all exits (likely north of 2000, possibly a lot more) and the total value of all exits is $1-2 trillion per year” By that math, keeping all other assumptions, formulas, and math the same, the max that can be invested in VC is maybe as much as $100bn per year and we are still well below that level based on the numbers I am seeing.

25 Lessons In 25 Years: Tips for Success from a Self-Made Beauty Entrepreneur

Entrepreneurs' Organization

In 2000, I started writing educational skincare content, which led to the creation of my popular skincare blog in 2005.

Rising tide of innovation raises all of our boats

Innovation 2 Enterprise

Nathan Seidle, a 2000 graduate of OSSM and founder of SparkFun , puts it well. The rising tide of innovation raises all our boats. By Scott Meacham. Our state is proactively seeking new ways to boost scalable entrepreneurship. One sure path is to increase innovation. Innovation is a long game.

Innovation in the Financial Markets: Seventy Years of Hedge Funds

Tomasz Tunguz

The dot-com bubble in 2000 ravaged many of the winners in the 80s and 90s, including Julian Robertson’s Tiger Global, another major global macro investor on par with Soros' Quantum Fund. Alfred Winslow Jones created the first hedge fund in 1949. He pioneerd the idea of hedging to maximize gains, trading based on stock movements which he called velocity, paper portfolios and a competitive multi-manager model in which individuals ran their own books.

The Future of Brick and Mortar

This is going to be BIG.

Story is a 2000 square foot retail space with "a point of view" that is part store, part event, rotating on a regular basis to feature different themes. As we prepare for Black Friday and Cyber Monday, I think a lot about the future of the physical retail landscape. As I walk around my neighborhood in Bay Ridge, Brooklyn, I count every storefront whose products or services could be better delivered over the internet. The count is unfortunately high.

JOBS Act Title III and Crowdfunding: What We Know So Far

Onevest

By John Lion. Photo credit: Getty Images. Waiting on Title III of the JOBS Act? Join the rest of the nation including equity crowdfunding platforms like 1000 Angels , the private investor network that connects startups with investors, where currently only accredited investors are allowed to invest. Accredited investors are only 1% of the US population. The SEC seems quite okay with postponing finalization until October 2015.

Innovation Upends Extrapolation: Urbanization

Continuations

Then in 1900 again even if you had allowed for significant further acceleration you would have likely put 2000 at maybe 30-some% instead of the 47% that actually occurred.

Gary Vaynerchuk, Mark Cuban back web3 project tool Thirdweb

TechCrunch

“Look at what happened from 1995 to 2000 on the ‘internet’ and use that history lesson to deploy how much will be ‘fixed’ in web3 over the next half decade.

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Hockey Stick Growth Explained

Feedough

Blade Years: The blade years lasted for at least 3 years from 1997 to 2000, where its revenue was around 1.5 Growth Inflection point: Netflix hit its growth inflexion point in 2000 with its revenue at 41 million. Over 96% of new businesses fail in the first 10 years.

Voodoo, Obsidian & Zettlekasten - A Modern Way of Taking Notes

Tomasz Tunguz

Many years ago, I used VoodooPad, a freeware Mac app in the early 2000 that also works. For many years, I wrote notes on paper using the bullet journal method. It’s a method I still highly recommend. Now that my days are spent exclusively behind a computer, I’ve been searching for the right note-taking strategy. I recognize that note-taking is like pricing strategy: you never get it entirely right, so you’re always inclined to tinker.

Businesses adapt amid pandemic

Innovation 2 Enterprise

After multiple translations from ancient Greek over more than 2000 years, it is no surprise that scholars debate the exact wording that Plato used in The Republic, but regardless his observation is spot on: When the need to do something is strong enough, humans will find a way.

Joanne Wilson’s Top Insights | Angel S5 E10

Jason Calacanis

Top Insights. Raising at a juiced valuation can have devastating downstream consequences for a startup. Recent momentum in funding underestimated founders has helped firms realize the opportunity of having a diverse team of investors. It is harder than ever to be a “generalist” investor.

Former AWS engineer sets out to build a better log search engine

TechCrunch

The launch generated some discussion on Hacker News and Reddit , and quickly built up 2000 stars on GitHub – today the tool is approaching 8,000 stars, a sign that people are liking it.