BLOG STARTUPS, VENTURE AND THE TECH BUSINESS

Author Archive

July 15 2009
by John Backus

Why This? Why Now?

My partner Tim Rowe always asks in our investment committee meetings, “Why This? Why Now?”. It is a great pair of questions. And ones every entrepreneur should ponder when starting their business. It is really two separate questions, each of which I would argue needs a convincing answer to place the company in the category of […]

Read on and discuss (0)

July 11 2009
by John Backus

Sell-To or Sell-Through?

Not a week goes by in our weekly investment committee meetings when one of us doesn’t ask the question, about a business we are evaluating, “Are they successful at selling through, or just selling to?”. The distinction may sound inconsequential. But I suggest that it is critical. “Sell-to” means you are good at selling your […]

Read on and discuss (0)

July 11 2009
by John Backus

Can we Balance the Budget by Taxing the Rich?

144,000 people in the State of California pay half of all of the income taxes collected in a state with 38M people. That is a startling statistic. .37% of the population paying 50% of income taxes. And income taxes are almost half of California’s revenue.  Underlying that statistic is the unspoken “problem” which is behind […]

Read on and discuss (0)

July 3 2009
by John Backus

Do Good Entrepreneurs Become Good CEOs? The 10X Challenge

My partner Scott Johnson wrote a thought provoking piece on what makes a good CEO. I wanted to share my thoughts on the “Moments of Truth” that an entrepreneur must navigate successfully to become a great CEO of a thriving business. Every entrepreneur who is fortunate enough to start a business which grows quickly faces […]

Read on and discuss (0)

June 27 2009
by John Backus

Digital Media Conference Highlights 6/25/09

I attended the Digital Media Conference in Tyson’s Corner, Virginia last week (June 25, 2009) and wanted to share a few sound bites and highlights – in no particular order.Overall the conference was well attended from start to finish.  The panelists were generally top executives from many large and well-respected companies, along with a good […]

Read on and discuss (0)

June 24 2009
by John Backus

The Death of Newspapers: 5 Opportunities for Entrepreneurs

Declining circulation and declining advertising dollars in a down economy are accelerating the inevitable – the death of the local newspaper. Now I’m not saying that every newspaper will die, nor will they all fade away tomorrow. But when it looks like the New York Times may have to pay money to a buyer of […]

Read on and discuss (0)

June 24 2009
by John Backus

Health Insurance is not Health Care

A recent article in the Washington Post (http://www.washingtonpost.com/wp-dyn/content/article/2009/06/19/AR2009061903583.html) and an investment we recently made in a new company, Qliance (www.qliance.com) prompted this post.Did you ever wonder why you have health insurance for ordinary everyday stuff?  Like an annual physical.  A flu shot.  A vision test.  Having your teeth cleaned twice a year.  I did.  Why? […]

Read on and discuss (0)

June 23 2009
by John Backus

So, you have a meeting with a VC? Are you meeting for Dough or just for Show? 5 ways to find out

If you read the numbers from the NVCA, you know that venture dollar investments in the first quarter of 2009 were down by almost half. Logic would suggest that the number of companies receiving venture capital financing is down as well.  Although you can still get a meeting with a VC – can you still […]

Read on and discuss (0)

June 17 2009
by John Backus

So you want to be a VC? 5 ways to find a VC job

I don’t think a week goes by that someone doesn’t ask me if we are hiring at New Atlantic Ventures. (No, we are not!). Seems that everyone wants to be a VC these days. So I thought that I would share a few thoughts on why a job in the VC industry is so hard […]

Read on and discuss (0)

June 15 2009
by John Backus

Coming soon: 1,000,000 iphone entrepreneurs

The smart phone as a platform is more important than the PC was as a platform. Why?  Billions vs hundreds of millions. And those billions of smart phones (yes, soon every phone will be a “smart phone”) will be in hands and homes in every country of the world. Location aware through GPS. Aways connected […]

Read on and discuss (0)