Mike Speiser: Most of today’s massive consumer web properties experienced exponential growth fairly shortly after launch. A few thousand users over a few months is probably sufficient to find out it you have hit a nerve.
Stephen O'Grady: Whatever the reasoning, more and more developers, projects and firms were transitioning away from centralized to decentralized. And happier for it. The trendline was clear, which is why we weren’t exactly going out on a limb predicting the ascension of Git, Mercurial and their brethren.
“Startups operate in a financial system that
is inefficient, illiquid, and challenging to manage. More transactions of any
kind or size help improve overall startup ecosystem health. Liquidity and
transparency serve to grow the market and reward founders more richly.”
— Dave McClure. A more detailed model from Fred Wilson.
“If we look at the percentage of overall labour force that is self-employed,
the US ranks near the bottom among high-income countries. The likely
explanation: our lack of national health insurance.”
Chris O'Brien: Andreessen has never started or operated a profitable business, except for one year with Netscape. LoudCloud/Opsware failed to turn an annual profit in its six years as a publicly traded company.
Ben Horowitz: First, with Loudcloud we saw the whole “cloud computing” trend way before most. Second, when the dot-com bust hit, we took radical steps to reboot, something a lot of founders might have been unable to do.
A month in the life of a swordboat captain, a glimpse into the mindset needed from a leader.
“You look at assets and liability to judge the strength of established
companies, but when you have a startup, you look at cash flow. Low-income
families are the same way. When we talk about poor people living on a dollar
a day, you don't get a dollar every day. It is a lump sum, and it is very
irregular. The poorest households can recall their cash flows a month
— Daryl Collins