MMOs (MMORPGs) Continue to Rock

abovethecrowd.com

MMOs (MMORPGs) Continue to Rock There is a great deal of interesting activity in MMO land these days. You may remember that we highlighted the invest-abilty of this trend/category about 18 months ago. Despite my enthusiasm, I could have never anticipated the massive impact of World of Warcraft. It appears today to be the most

Techdirt: The Fake Broadband Price War

abovethecrowd.com

Link: Techdirt: The Fake Broadband Price War. Techdirt has a great article on the reality with respect to broadband pricing in America. The monopololistic carriers want congress to believe prices are low and falling. Nothing is further from the truth. Turns out that they routinely overstate coverage and availability of DSL also. Internet DSL pricing Internet broadband

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As Wifi Grows, So Do the PR Attacks

abovethecrowd.com

Web/Tech

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Why SOX Will Lead to the Demise of U.S. Markets

abovethecrowd.com

Everyone should read this article from the CEO of Nasdaq. He is properly concerned that the overly bureaucratic Sarbanes-Oxley (SOX) processes could lead to the end of global domination by the U.S. capital markets. Ironically, the two gentlemen that created SOX did it with the intention of “preserving” U.S. capital market leadership. Their fear was [.]. Web/Tech

Why Did Nokia Fail?

Feedough

Change in The Top Management: In 2006, Jorma Ollila was replaced by Olli-Pekka Kallasvuo as CEO. “We were spending more time-fighting politics than doing design,” said Alastair Curtis, Nokia’s chief designer from 2006 to 2009.

Innovation in Sustainability: From Trash to Textiles

Entrepreneurs' Organization

I was intrigued when I learned about a game-changing technology in 2006: the manufacture of fabric from recycled plastic bottles. Monique Maissan is an Entrepreneurs’ Organization (EO) member in Shanghai, CEO of Vision Textiles, and founder of Waste2Weave. Monique has been a pioneer in sustainability in the notoriously environmentally unfriendly textile and fashion industry for more than 20 years.

Hockey Stick Growth Explained

Feedough

Tinkering: The tinkering period lasted for almost 2 years from 2006 to 2008, where Andrew Mason first launched ‘The Point’ which eventually became Groupon. Over 96% of new businesses fail in the first 10 years.

On the Rise on the Fort Worth Food Scene

Entrepreneurs' Organization

I was a sous chef on the show “Iron Chef America” in 2006, so I had a taste of what it’s like to compete on the Food Network. In a July 2019 episode of the Food Network’s show “ Chopped ,” EO Fort Worth member Juan Rodriguez competed against other chefs in hopes of landing the top stop. Spoiler alert.). Juan Rodriguez was chopped.

Do SaaS Startups Still Require Less Capital than 10 Years Ago?

Tomasz Tunguz

The era after 2006 and through the 2008 financial crisis was a different time to raise capital. The median revenue at IPO has increased from $55m in 2006 to $200m in 2018-2019. In 2014, I published a post called Do Startup Require Less Capital to Succeed than 10 Years Ago ? It’s been five years and time to see how things have changed. In the analysis, I created a metric, the return on invested capital (ROIC).

Startup Investing: The New Trend in Alternative Assets

Onevest

There were over 200 as of 2006.” By Tim Hoghten. By definition Angel Investors are individual investors. But the data shows a rapidly growing trend in accredited investors investing together. This is something that we have experience at 1000 Angels , the private investor network that connects startups with investors. So how are sophisticated investors putting their money to work today?

The History of Nokia

Feedough

In 2006, Jorma Ollila was replaced by Olli-Pekka Kallasvuo as CEO, the new management focused on mass production rather than innovation. The history of Nokia has been a roller-coaster ride, full of ups & downs, and twist & turns, and the journey still hasn’t reached the end.

What Could the Venture Market Look Like in the Coronavirus Era

Tomasz Tunguz

In 2006, VCs invested about $3.5B What could happen to the fundraising market in the coronavirus era where organizers cancel events, the financial markets suffer from a bear market, and there is a lot of uncertainty? The most recent event to use as an analogy is the 2008 financial crisis. In 2008, I had just joined the venture industry, and then Lehman fell. So this was a bit of a trip down memory lane. Let’s look at the data. per quarter in seed, A, B, and C rounds.

YC Fireside and Office Hours at Harvard – Feb 11

Y Combinator

Aaron graduated from Harvard in 2006 and has been a partner at YC since 2013. Join us for a fireside chat with YC partner Aaron Harris, hosted by Harvard WiCS. He’ll share what he’s learned from working with over 1,000 startups, and he’ll talk about what you should work on while you’re in school if you’re interested in starting a company. Food and drink will be served. YC Fireside hosted by Harvard WiCS. Time : 6pm. Location : Fong Auditorium in Boylston Hall.

10 Key Buildings in the Brooklyn Innovation Community

This is going to be BIG.

Back in 2006, when I started working on putting together some community groups for entrepreneurs and tech people, I looked for a better name to reference this collection of people. Interior of the Batcave, 2006 ( Jake Dobkin / Gothamist). I have a special relationship with Etsy, because I was at Union Square Ventures, the VC firm that backed the company, back in 2006.

Why You Should Put Yourself Out There and Try New Products

Both Sides of the Table

In 2006 I started using Facebook and most of my friends & colleagues thought I was strange. They thought it was like MySpace and why did I need a MySpace page? In 2007 I started using Twitter and most of my friends & colleagues wondered why people would care what I ate for lunch. In 2008 I started VC blogging. I had blogged when I was an entrepreneur. I went to an industry event where people actually called me self-centered for writing publicly.

New Board Members Elected at Annual Member Meeting During ACA 2020 – The Summit of Angel Investing

Angel Capital Association

Incoming Directors include: Clay Rankin joins from Cleveland, OH and is Managing Director of North Coast Angel Fund (“NCAF”), a group of early stage investment funds he founded in 2006 to support early-stage technology companies. By: Emily Angold, ACA Marketing Manager Three new board members were elected at the ACA Annual Members’ Meeting during ACA 2020 – The Summit of Angel Investing held virtually May 12-14, 2020.

The Investment Patterns of SaaS Companies in Sales and Engineering Over Time

Tomasz Tunguz

Looking at the gross dollars invested in engineering, the 2014 cohort spends much more than the 2010, 2006 and 2002 cohorts, setting aside one outlier year in the 2006 cohort. 2006 41 4. But in the 2006 cohort, DealerTrack spent only 4% on engineering investment, besting the 2014 engineering winner, Fleetmatics. Last week, we proved SaaS startups are raising more than they have in the past and newer SaaS companies seem to be generating more revenue per dollar invested.

Why venture capitalists are investing in international startups

David Teten - VC

According to a report by the National Venture Capital Association, 1/3 of all venture-backed publicly traded companies between 2006 and 2012 had at least one foreign-born entrepreneur. More than 40% of the Fortune 500 companies were founded by an immigrant or the child of an immigrant. Why are more US VCs investing in international startups? Take a look at The Fortune Unicorn List : of the top 100 most valuable unicorns in 2016, 39 are currently based outside of the United States.

Our First Techstars Impact Report

TechStars

In 2006, Techstars launched with the simple belief that entrepreneurs build a better future. Twelve years and over 1700 portfolio companies later, we’ve watched this belief be confirmed year after year in all corners of the world. Still, 2018 represented a notable milestone for Techstars, we launched Techstars Impact, our first impact fund, exclusively dedicated to backing entrepreneurs tackling our most pressing global challenges.

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Founded in October 2006 by Jonah Peretti (co-founder of Huffington Post). Founded in December 2006 in San Francisco by Farb Nivi (ex-Princeton Review/Kaplan top instructor). Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles.

The Unexpected and Uneven Evolution of the Startup Fundraising Market

Tomasz Tunguz

Above, I’ve plotted the mean and median investment amounts for Series As, Bs, and Cs from 2006 to through September of 2014 in the US, as reported by Crunchbase data. In fact, the median Series A in 2006 equals the median in 2014: $5M. The table below shows the Median Compound Annual Growth Rate (CAGR) of round sizes from 2006 to September 2014, the 75% Percentile CAGR, the total percentage change in median round size since 2006 and the median round size in 2014.

Catch Me Inside with Abbigale Loncke: COVID is all a we business

Young Leaders of the Americas Initiative

Abbigale has been counseling young people in institutional care since 2006. Covid19 is all ah we business with Abbigale Loncke#catchmeinside. Posted by Youth Ambassadors Guyana 2015 on Monday, May 4, 2020. This session of #CatchMeInside was sponsored by the U.S. Embassy in Guyana. .

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Why the New Seed Might Be a Bad Seed

This is going to be BIG.

Otherwise, we should just call this new $2.5mm seed round what it really is: Series A circa 2006. About a year ago, I started hearing about the existence of a "pre-seed" round. At first, it sounded ridiculous. Actually, it still sounds ridiculous to me. The term "seed" implies the very beginning to me. If you can''t go to "seed" investors for your very first investment because you''re too early, that just seems weird to me.

NetSuite Announces Improvements to Better Serve SMBs at SuiteConnect

Smart Hustle Magazine

Since 2006, NetSuite has provided a “unified business management solution for nonprofits to manage their entire end-to-end global operations – integrating accounting, fundraising, constituent relationship management (CRM), e-commerce, inventory management, HR, payroll and more.”

La misión de un hombre para renovar las comunidades del Ecuador después de una catástrofe natural

Young Leaders of the Americas Initiative

Marco Mendieta (becario de YLAI en 2006) trabaja arduamente para crear la comunidad de pequeñas empresas del Ecuador y regenerar la economía tras el devastador terremoto de 2016. Por Jewelle Saunders. Es el fundador de Misión Ecuador , creada para beneficiar a emprendedores y propietarios de pequeñas y medianas empresas en el país, empezando por la provincia de Manabí tras el terremoto del 16 de abril de 2016.

The Truth About Time Management: It’s Not About Time

Entrepreneurs' Organization

Established in 2006, JotForm enables customizable data collection for enhanced lead generation, survey distribution, payment collection, and more. Contributed by Aytekin Tank, founder of JotForm, We’ve all heard the expression, “There aren’t enough hours in the day.” In truth, we’ve likely all said it at some point. Time management is a struggle for everybody, but especially entrepreneurs, CEOs and founders.

Trends in Seed Stage Funding for Entrepreneurs

Gust

Here are the trends in venture capital financings from 2006 through 2010 – the number of seed stage deals funded and total investment by region in millions of dollars. . I’ve recently taken a look at seed stage funding by venture capitalists (VCs) and angel investors over the past five years. For VCs, I chose to look at all seed stage VC deals (from MoneyTree©) as well as those in five of the most active regions in the country.

STEPHANIE COPELAND JOINS TECHSTARS’ BOARD OF DIRECTORS

TechStars

Founded in 2006 by co-founders and co-CEOs David Cohen and David Brown, tech entrepreneur and venture capitalist Brad Feld, and the current Governor of Colorado, Jared Polis, Techstars is known for developing the principle of #givefirst, a core value of giving to and helping others without a direct expectation of a transactional return. Copeland brings breadth of corporate, government, higher education and startup leadership experience to growing board. BOULDER, Colo.

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I'm Running for the New York Tech Meetup Board

This is going to be BIG.

That was one of the original principals of nextNY, the community group that I started in 2006—that anyone could and should run an event. I’m just as familiar with the New York Tech Meetup as anyone. I was one of the first 100 members, dating back to February 2005. I was also part of the original New York Tech Meetup board and participated on it until last year. I offered to step aside to bring a few more faces onto the board last year.

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Techstars Announces $42 Million Investment

TechStars

Founded in 2006 by co-founders and co-CEOs David Cohen and David Brown, tech entrepreneur and venture capitalist Brad Feld, and the current Governor of Colorado, Jared Polis, Techstars is known for developing the principle of #givefirst, a core value of giving to and helping others without a direct expectation of a transactional return. Investment round led by SVB Financial Group to speed Techstars global expansion and continued growth. BOULDER, Colo.

When Should You Allow Exclusivity in Deals?

Both Sides of the Table

Before weighing in on the subject I would point out one thing that should be obvious to many of you – the iPhone was originally launched in 2007 in an exclusive partnership with AT&T and this was vital to both Apple and AT&T and was a hard negotiation throughout 2005 and 2006.

Anthony Casalena: The best web entrepreneur you've never heard of

This is going to be BIG.

Back in March of 2006, nextNY held it's second social gathering--that time it was at Dewey's Flatiron. This is a pic of literally the first moment I met Anthony--back in March of 2006. This guy comes up to me and says he works at a company called Squarespace. I had heard of it--they were big buyers of Google Adwords and I felt like I had checked out the site before. It seemed like a pretty comprehensive publishing tool. I asked him how many people he had working with him.

The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

By 2006 he had received proper authorization to move back to the US to join a company in the town I grew up in: Sacramento, California. In 2006 we sold the company to a French services company. “Staple green cards to the diplomas of foreign students who graduate from any U.S. university in math or science&# (Thomas Friedman). I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement.

This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

Founded in 2002 and expanded after founders graduated from CMU in 2006. Previously raised $100m Series A from Sequioa, Battery Ventures, and General Catalyst in 2006. This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co.

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How Fast Does a SaaS Startup Have to Grow to Survive?

Tomasz Tunguz

To cite one critical counterexample, Concur’s rapid revenue growth in 2006 and 2007 occurred after nearly a decade of tepid expansion. McKinsey released a study of high growth software companies entitled Grow Fast or Die Slow. One salient conclusion: If a software company grows at 20% annually, it has a 92 percent chance of ceasing to exist within a few years. In other words, software companies must grow quickly to survive.

Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

Since 2006 they have added offices outside of Boston including Menlo Park, Europe, and China. I’ve just finished a week away from the office for Spring Break, which was much needed. I’m now back & ready for action. I took the opportunity this past week to publish summary notes of some of the VCs and entrepreneurs I had interviewed on This Week in VC. Back to regular writing this week so check back in.

Ycombinator - Where unicorns are born

Don Dodge

They were part of the Ycombinator Cambridge class of 2007, after being rejected by YC in 2005 and 2006. Angel investing in tech startups is a gut wrenching and risky business. It sometimes feels like buying $25,000 lottery tickets. Most of them lose, but sometimes you invest in a “unicorn” and make 100 times your money or even more. The MIT Blackjack team figured out how to beat the odds in Las Vegas.