Tag: business

The next tech bubble is about to burst

Joe Kukura predicts the upcoming burst of the next tech bubble in his “The next tech bubble is about to burst“:

My timer for the bursting of this tech bubble currently stands at nine months. That’s when investors and venture capital markets will stop throwing around billions in Monopoly money, companies without any profits will lose their suspiciously optimistic valuations, and startups will crater. Unicorns will die, skies will fall, and parents’ basements will be resettled. We saw this with tech in 2000, with banks in 2008, and according to my Magic 8-Ball, we’re going to see it again very soon.

I don’t really know who he is, but he is linked to a selection of other people saying the same thing, with who I’m very well familiar – Mark Cuban, Andreessen Horowitz, Fred Wilson, and others.

Docracy – free legal documents

Docracy – free legal documents, or as they describe it on their website:

the web’s only open collection of legal contracts and the best way to negotiate and sign documents online

Very handy for things likes contracts, proposals, and non-disclosure agreements (NDAs).

What did Billion Dollar Companies Look Like at the Series A?

Here is an interesting look at some of the well-known companies – What did Billion Dollar Companies Look Like at the Series A?

billion dollar startups

The article gets into some of the common criteria, which I’ll briefly list here:

  1. Easy-to-Dismiss Ideas
  2. Competitive Markets
  3. Reinventing Existing Consumer Behavior
  4. Untested Founders
  5. Zero Monetization