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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

Rob messed around with some local video thing in 2008, which everyone but Rob thought was a pretty terrible idea. " — Charlie O'Donnell (@ceonyc) December 29, 2008. I thank Rich and his team, as well as David Orfao from GC for their support of my good friend long after I left First Round.

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What Will Happen In 2024

A VC: Musings of a VC in NYC

That is good news for the innovation economy because healthy capital markets are a necessary support system. However, optimistic capital markets are necessary but not sufficient for a healthy innovation economy. So if we have healthier capital markets and more innovation than ever, what is up with the venture capital ecosystem?

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The Silicon Valley Bank Crisis: Resources and Information

Angel Capital Association

We’ll continue to support our members and their portfolio companies by discussing and breaking down that information via our articles, webinars and at Summit 2023. We commend the VC’s and angels that have rallied around their entrepreneurs to repurpose lessons learned from the 2008/2009 recession.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Sopoong was launched in 2008 by Jaewoong Lee , who co-founded South Korea’s largest internet portal operator Daum Communication, which merged with Kakao in 2014.

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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

We’re still caught in the “post recession bounce” : What’s happening is that the angel & VC community is still feeling good from having bounced back from the nadir of the famous “ RIP Good Times ” funk that we felt in 2008. I’m a venture capital investor so I will still be looking to make investments.

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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. The comparable valuations from last year cannot be supported today, and expectations should be managed. Dilution will be more of a concern and could drive a founder’s desire to raise less capital.

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What Drives The University Of Michigan’s Entrepreneurial Success

HPA

The CFE is a unit of the College of Engineering and the Center has helped more than 30,000 researchers and students since 2008. With more than 7,200 students participating, the ZLI has helped to create over 2,000 U-M student startup ventures. The U-M’s Center for Entrepreneurship (CFE) is one of the key engines driving that growth.