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The Coming Zombie Startup Apocalypse

This is going to be BIG.

Would you be surprised to know that almost half of the dot com companies founded when the boom started in 1996 were still around in 2004--four years after the peak of the NASDAQ? Because most internet business concepts were not capable of productively employing tens of millions of dollars of venture capital does not mean they were bad ideas."

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Why AI Won't Be the Investment Opportunity Everyone Thinks It Is

This is going to be BIG.

When I think about true disruptions in tech—the ones that enable huge investor outcomes because they create generational behavior change, entirely new markets, and populate whole business ecosystems out of nothing—location-aware mobile devices stand out to me as right up there with the web itself.

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VCs at Freestyle, Plexo Capital and Sequoia join Startup Battlefield judges

TechCrunch

Twenty of the most promising and creative early-stage startups — chosen from the elite Startup Battlefield 200 — will bring the heat for $100,000 in the world-renown Startup Battlefield competition at TechCrunch Disrupt on October 18–20 in San Francisco. TechCrunch Disrupt takes place on October 18–20.

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The Guy Who Took on Google (and now LinkedIn): Mike Yavonditte

Both Sides of the Table

The Union Square Ventures partners started whispering in his ear that “it’s all about social now”. They sold in December 2007, but he started selling Quigo in 2004. After rejuvenating from the exhausting sale of Quigo, Mike started a ‘boring site’ called Tracked.com that he thought would be a better version of Yahoo!

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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

Jeff Farrah is the general counsel of the National Venture Capital Association. The knock-on effect of these reforms for young companies and their venture investors is unclear. But as Patricia Nakache of Trinity Ventures said in testimony before the Senate Judiciary Committee: “[Acquisitions have] been commonplace in the U.S.

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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

If you were a newly minted, venture-backed consumer Internet company you had to have a deal with AOL to reach your customers. It had grown stratospherically from 2004-2007 to 100 million users, which actually was slightly smaller in December 2007 then MySpace was. They controlled distribution to the masses. Enter Facebook.

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Lerer Hippeau closes $230M across two new funds; Ben Lerer is back

TechCrunch

Iconic New York venture capital firm Lerer Hippeau announced $230 million in additional funding across two new funds: LH Seed VIII, which focuses on pre-seed and seed-stage companies, and LH Select IV, which invests in companies from Series A to C. He started Thrillist with Adam Rich in 2004, which later became Group Nine Media in 2016.

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