A Different Perspective on Economic Downturns

•Download as PPT, PDF•

12 likes•3,745 views

Ho Nam

Presentation at Silver and Gold Conference in Reno, NV October, 2008

Economy & Finance Technology

R.I.P. Good Times? A Different Perspective on the Downturn 2882 Sand Hill Road, Suite 100 Brendon Kim / bkim@altosventures.com Menlo Park, California 94025 Han Kim / hkim@altosventures.com (650) 234-9771 Ho Nam / hnam@altosventures.com www.altosventures.com Anthony Lee / alee@altosventures.com

Slides from Sequoia Presentation to CEOs, October 7, 2008 Widely publicized meeting was “very somber…”

Boom and Busts: Been there before! (just a sampling over past 178 years) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object]

Less Cash Required Than Ever to Build Great Companies Yet most of the biggest tech homeruns have raised less than $10M (or none at all) ,[object Object],[object Object],The U.S. venture industry has been investing at near-record levels 1997 2007 $13M $66M Median VC raised prior to IPO ($M) Total U.S. VC investment ($B) 1997 2007 $13B $30B

[object Object],[object Object],[object Object],Fox or Hedgehog?

If You Are Ready to Jump… We’re still open for business: # of new companies in 1 st Half 2008: 2 # of new companies in 2 nd Half 2008: 6+ 2882 Sand Hill Road, Suite 100 Brendon Kim / bkim@altosventures.com Menlo Park, California 94025 Han Kim / hkim@altosventures.com (650) 234-9771 Ho Nam / hnam@altosventures.com www.altosventures.com Anthony Lee / alee@altosventures.com

[object Object],[object Object],[object Object],What we look for beyond Capital Efficiency and Hedgehogs

You Think This is Bad?? How about 24.9% unemployment (vs. 6.1?%)

[object Object],[object Object],[object Object],[object Object],Lessons from Helzberg Diamonds

What's hot

Business Case Interview TrainingAurelien Domont, MBA

Sectoresluiscmp

Yearly Business Plan Report PowerPoint Presentation SlidesSlideTeam

Lean 6 Sigma Training | By ex-Deloitte & McKinsey ConsultantsAurelien Domont, MBA

Bubble spotting - Subprime Mortgage crisis / Housing bubble 2007-2008Benjamin Van As

Financial Modeling for startupsAsen Gyczew

Consulting Template Slides - Mckinsey, BCG & Bain Style CommunicationBoundless

[이동식 원격 데이터센터 컨퍼런스] edge computing을 위한 micro data center 기술 및 구축 사례-슈나이더일렉트릭 ...NAIM Networks, Inc.

Quality Control KPI Dashboard Showing Data QualitySlideTeam

Implementation Process StrategySlideTeam

GE Lean and FastWorksSerhii Prokopenko

Arrow diagrams in PowerpointAurelien Domont, MBA

Ch7 slidesfentaw leykun

Status Icon Showing Pending Progress And CompleteSlideTeam

What's hot (14)

Business Case Interview Training

Sectores

Yearly Business Plan Report PowerPoint Presentation Slides

Lean 6 Sigma Training | By ex-Deloitte & McKinsey Consultants

Bubble spotting - Subprime Mortgage crisis / Housing bubble 2007-2008

Financial Modeling for startups

Consulting Template Slides - Mckinsey, BCG & Bain Style Communication

[이동식 원격 데이터센터 컨퍼런스] edge computing을 위한 micro data center 기술 및 구축 사례-슈나이더일렉트릭 ...

Quality Control KPI Dashboard Showing Data Quality

Implementation Process Strategy

GE Lean and FastWorks

Arrow diagrams in Powerpoint

Ch7 slides

Status Icon Showing Pending Progress And Complete

Viewers also liked

From the Archives: Jasper 2004Sequoia Capital

Sequoia Capital: Jim Goetz at Y Combinator's Startup School At Stanford Sequoia Capital

Jim Goetz of Sequoia Capital at StanfordDealHorizon.com

Standard Treasury Series A Pitch DeckZachary Townsend

TouristEye - Personalizing The Travel Experience - 500 Startups500 Startups

Square pitch deckpitchenvy

task.ly pitch deckDmitry Gorshkov

Kibin 500 Startups

Binpress500 Startups

Sverve500 Startups

LaunchRock500 Startups

500’s Demo Day Batch 12 >> Alfred500 Startups

BrandBoards demo day pitch deck500 Startups

300 Milligrams - Demo Day Presentation500 Startups

PinMyPet500 Startups

Pitch deck for KejahuntJoshua Mutua

Daily hundred Pitch Deck 2014Southeast Spine, LLC

Kickfolio - 500Startups Batch 5500 Startups

Cadee500 Startups

500’s Demo Day Batch 11 >> Slidebean 500 Startups

Viewers also liked (20)

From the Archives: Jasper 2004

Sequoia Capital: Jim Goetz at Y Combinator's Startup School At Stanford

Jim Goetz of Sequoia Capital at Stanford

Standard Treasury Series A Pitch Deck

TouristEye - Personalizing The Travel Experience - 500 Startups

Square pitch deck

task.ly pitch deck

Kibin

Binpress

Sverve

LaunchRock

500’s Demo Day Batch 12 >> Alfred

BrandBoards demo day pitch deck

300 Milligrams - Demo Day Presentation

PinMyPet

Pitch deck for Kejahunt

Daily hundred Pitch Deck 2014

Kickfolio - 500Startups Batch 5

Cadee

500’s Demo Day Batch 11 >> Slidebean

Similar to A Different Perspective on Economic Downturns

Tom peters-reimagine-business-excellence-in-a-disruptive-age1093guest72d387

Enterprise Road to Recovery by Richard D. Smith, SMITH-TRGricharddsmith

Women-Boomers-Geezers, Short Rantbizgurus

President obama on american businesstheconservativemind

hello tomSoJeong Lee

tom peters mini masterj3rry

Tom Peters_excellence_always_Creative Destruction.pptmsamara3

Tom Peters at XAlways, Roche and Athensbizgurus

Tom PitersReDisque

Tom Peters at Quinnipiac & Miller Agency (Long)bizgurus

Tom Peters at International Institute for Research in Lisbonbizgurus

Street Notes 8.2010michaelmcdevitt

Securitizing Happiness: Solving the World's Problems by Making Trillion-Dolla...Dave McClure

The Business Quiz (Finals) - NSIT Quiz Fest 2014nsitqc

Tom Peters at International Paperbizgurus

IceCap Asset Management Limited Global Markets 2013.1IceCap Asset Management

WP3 LINKEDINVittorio Masina

2015 august presentation stockholm mba programmhan mesters

How the enterprises crashed the economyGlenn Klith Andersen

Tom Peters at Transforming Work, Life, & Organizations conferencebizgurus

Similar to A Different Perspective on Economic Downturns (20)

Tom peters-reimagine-business-excellence-in-a-disruptive-age1093

Enterprise Road to Recovery by Richard D. Smith, SMITH-TRG

Women-Boomers-Geezers, Short Rant

President obama on american business

hello tom

tom peters mini master

Tom Peters_excellence_always_Creative Destruction.ppt

Tom Peters at XAlways, Roche and Athens

Tom Piters

Tom Peters at Quinnipiac & Miller Agency (Long)

Tom Peters at International Institute for Research in Lisbon

Street Notes 8.2010

Securitizing Happiness: Solving the World's Problems by Making Trillion-Dolla...

The Business Quiz (Finals) - NSIT Quiz Fest 2014

Tom Peters at International Paper

IceCap Asset Management Limited Global Markets 2013.1

WP3 LINKEDIN

2015 august presentation stockholm mba programm

How the enterprises crashed the economy

Tom Peters at Transforming Work, Life, & Organizations conference

Recently uploaded

02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptxFinTech Belgium

Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Bookingroncy bisnoi

High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat

Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344

The Economic History of the U.S. Lecture 17.pdfGale Pooley

VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile

Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal

Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...Call Girls in Nagpur High Profile

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344

The Economic History of the U.S. Lecture 22.pdfGale Pooley

00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium

CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceanilsa9823

(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7Call Girls in Nagpur High Profile Call Girls

Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal

VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Luxury Call Girls Mumbai 🌹 9920725232 ( Why You Choose Us? ) Escorts

Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Pooja Nehwal

Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Call Girls in Nagpur High Profile

Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...ssifa0344

VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Luxury Call Girls Mumbai 🌹 9920725232 ( Why You Choose Us? ) Escorts

Indore Real Estate Market Trends Report.pdfSaviRakhecha1

Recently uploaded (20)

02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx

Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking

High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts

Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...

The Economic History of the U.S. Lecture 17.pdf

VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...

Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...

Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...

The Economic History of the U.S. Lecture 22.pdf

00_Main ppt_MeetupDORA&CyberSecurity.pptx

CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service

(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7

Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...

VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...

Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )

Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...

Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...

VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...

Indore Real Estate Market Trends Report.pdf

A Different Perspective on Economic Downturns

1. R.I.P. Good Times? A Different Perspective on the Downturn 2882 Sand Hill Road, Suite 100 Brendon Kim / bkim@altosventures.com Menlo Park, California 94025 Han Kim / hkim@altosventures.com (650) 234-9771 Ho Nam / hnam@altosventures.com www.altosventures.com Anthony Lee / alee@altosventures.com

2. Slides from Sequoia Presentation to CEOs, October 7, 2008 Widely publicized meeting was “very somber…”

4. Is This a Good Time to Jump?

9. If You Are Ready to Jump… We’re still open for business: # of new companies in 1 st Half 2008: 2 # of new companies in 2 nd Half 2008: 6+ 2882 Sand Hill Road, Suite 100 Brendon Kim / bkim@altosventures.com Menlo Park, California 94025 Han Kim / hkim@altosventures.com (650) 234-9771 Ho Nam / hnam@altosventures.com www.altosventures.com Anthony Lee / alee@altosventures.com

10.

11. You Think This is Bad?? How about 24.9% unemployment (vs. 6.1?%)

12.

A Different Perspective on Economic Downturns

Recommended

Recommended

More Related Content

What's hot

What's hot (14)

Viewers also liked

Viewers also liked (20)

Similar to A Different Perspective on Economic Downturns

Similar to A Different Perspective on Economic Downturns (20)

Recently uploaded

Recently uploaded (20)

A Different Perspective on Economic Downturns