article thumbnail

After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation


CEO Adam Schwartz founded the company with his life savings in 2002 and hasn’t taken a dime of outside investment since. He says that the company started back in 2002 as a plug-in for PowerPoint.

capital 98
article thumbnail

When will IPOs return? The past may hold some clues


The crisis of 2002: The dot-com bubble. When the market started to collapse, prices were dragged down even further by accounting scandals, such as Enron in 2001 , Arthur Andersen in 2002 and WorldCom in 2002. After all, at the end of the day, we’re all searching for the same answer: When will my paper wealth become liquid?

startup 105

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Web3?

A VC: Musings of a VC in NYC

It reminds me of the early days of web2 in 2001/2002/2003, when we started USV. The good news is there are literally tens of thousands of teams building new things on a web3 stack now. Some of the best entrepreneurs and developers have moved over. The tooling is getting better. That was also a time of great cynicism.

article thumbnail

What does it take to go carbon neutral as a business?

Entrepreneurs' Organization

He founded AmberMedia in 2002. Every little thing you do to reduce CO2, waste, etc., is a step in the right direction. Karsten Warrink is a member of the EO Germany-Berlin chapter. He is passionate about inventing new ways to advertise and communicate. The post What does it take to go carbon neutral as a business?

article thumbnail

Jack Selby of Thiel Capital is using a new VC fund to invest in Arizona startups


Jack Selby, a former PayPal exec and the longtime managing director of Thiel Capital who attracted some attention years back for his low-key largesse , has a new, $110 million venture fund that he intends to invest mostly in his adopted state of Arizona, where Selby has lived since 2002.

VC 119
article thumbnail

Bezos' Shareholder Letter in 2000

Tomasz Tunguz

Amazon stood fast to their principles throughout. Just as important, though, Amazon managed their finances well. Net Income, $m. Cash & ST Equivalents, $m. Before the dotcom crash, Amazon grew at 68% and lost -$1.4b in net income.

capital 113
article thumbnail

The Trouble with Venture Capital Data

This is going to be BIG.

Sounds like a huge amount, but only later does he say that only " 476 funds which had known Net IRR values, the overwhelming majority of which were from vintage 2002, or more recently." Conservatively, though, this data set of mostly 2002 or later funds would cover about 4 funds from each firm given that timeframe.