BLOG STARTUPS, VENTURE AND THE TECH BUSINESS

June 11 2010
by Scott Johnson

Arrogant Companies

If there is one thing that success inexorably leads to in a company culture, it is arrogance.  Arrogance in turn leads to complacency, blindness to threats and a loss of touch with reality.  Further, it motivates your competitors to join forces against you.  I believe arrogance is a big part of why it is so ...

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May 26 2010
by Scott Johnson

Brand Advertisers: Not Stupid At All

On the face of it, when you look at old vs new media ad spend, the big dollars go to the old media while the bulk of the time and attention goes to new media. “The advertisers must be crazy or stupid or both” is the quick, logical conclusion to this paradox. Not true!

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May 19 2010
by Todd Hixon

Venture Lite

The “Cloud” and other forces have slashed the cost of starting an IT company  and produced a surge in seed investing.  We discussed this in a segment of our annual meeting last week, which was attended by professional limited partners (“LPs”), individual LPs, and entrepreneurs, as well as the NAV partners.  There was strong energy ...

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May 18 2010
by Geoff Mamlet

All You Need Are Jobs, Jobs, Jobs Are All You Need

All you need are jobs, all you need are jobs, All you need are jobs, jobs, jobs are all you need. My apologies to the Beatles, but the tune that the Congress is singing in Washington these days is really off. With the official unemployment rate verging on 10%, you would think that Congress would ...

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May 9 2010
by John Backus

Facebook: Every Website is now a Facebook App

Web 3.0 has arrived.  Facebook changed the entire character of the Internet on April 21, 2010.  Come on!  A little “like” button?  What could be more trivial? Let me explain.  Before 4/21/10 there was Facebook.  And there was the web.  They did not intersect.  Oh, sure, you could use your Facebook credentials to log on ...

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April 23 2010
by Todd Hixon

The View From The Dark Side: #1, Why VCs Are Greedy

[This is the first of a series of posts that attempt to explain how the venture capital business looks from the VC side.] VCs are often characterized as greedy, eg:  “vulture capitalists” or (the more contemporary phrase) “not founder friendly”.  Like any broad characterization, there is truth and untruth here, and good and bad reasons ...

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April 22 2010
by Thanasis Delistathis

Is Facebook trying to take over the internet? Implications for startups

Facebook announced some big initiatives at their developers’ conference yesterday and they have big implications for the internet and internet startups. Facebook has already surpassed 400 million users and is becoming the defacto social networking site for the world.  It’s now the world’s virtual town square where we all get to hang out with our ...

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April 16 2010
by Thanasis Delistathis

iPad: a revolution in personal media consumption

After getting a chance to play with it for a couple of weeks, I believe this is the dawn of another computing revolution, centered around new ways to consume media.

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April 15 2010
by Scott Johnson

When to Make a Lot of Noise

It seemed in the past that grabbing maximum investor mind share early was the best and only strategy. Maximize hype and valuation at every round of investment? Bad idea.

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April 14 2010
by Todd Hixon

Three Ways To Sell A Business

Frequently entrepreneurs and investors come to the point where they want or need to find an M&A exit.  Is the time right?  What should they expect? Here’s a framework that I hope is helpful.  Buyers pay for three things:  strategic opportunity, growth, and earnings/cash flow.  Which of these you have to offer will influence who’s ...

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