just think about it

December 6, 2007 at 2:24 pm Leave a comment

Do you still remember the year 2000? Young founders (often from BCG or McKinsey) presented their ideas about ecommerce websites on a one-pager and asked for funding? As a matter of fact – some investors gave them money. Why? Because everybody else invested in an ecommerce website. It was not a question about market size, technology, customer needs or the skill sets nor the experience of the team. It was about hope and hype.

Today I am looking around, trying not to think that another .com bubble is coming.

Business Angles and VCs burned a lot of money in 1999 and 2000. Some of them did not learn a thing- or they have already forgotten the pain.

Fast forward to 2007

Young founders are asking again for funding with ridiculous valuations based on one-pagers. But today, the founders are even younger, they directly come from univerities and business schools. btw: I am 7 years older compared to the year 2000.


Entry filed under: Entrepeneurs, Fun, Investments, Startups.

Waiting for the first clone consumer pools – smart idea

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

Who is posting?

This blog is a view from an VC investor, entrepreneur as well as from a private person. You'll find posts about Startups, Technology, Venture Capital, Entrepreneurship and about life and fun. If you enjoy and if you don't please send me your critical comments.

OJ on Twitter


%d bloggers like this: