I have had this post ready for months, but never sent it off. I am bummed to have to admit that I am shutting down Hangout – the first 3D experience on Facebook. The original vision of Hangout started in 2006 around the notion of media sharing with your friends and leveraging api’s on Facebook […]
Continue Reading...Category: VC Speak
Venture Seed vs Angel Seed
I really enjoyed the Boston Angel Boot Camp on June 1. A shout out to Jon Pierce for a job well done. Among the many great discussions, the most critical one in my mind centered on the impact that the source of money can have on an early, seed startup. The discussion covered two main […]
Continue Reading...Failure — Its not the entrepreneur who failed, its the business that failed
Much has been written about the value of failure in the entrepreneurial sector. But do VC’s value failure and if they do, on their own watch or on somebody’s elses? Those of us in the trenches understand how likely failure is with every startup we do. The odds are against us from the start. Add […]
Continue Reading...Market the Vision, Build the Product
The recent notice that Metaplace.com is going to shut their doors and refocus the company is an all-too-often refrain where very big visions are not realized in their first or even second incarnation. I expect we will see the same from another big vision play, Trion, in pretty short order. The phrase is a takeoff […]
Continue Reading...VC Speak — “We are value add”
I just got back from a digital media summit that was one of the best demonstrations of value add and entrepreneur can hope for As an entrepreneur, you are supposed to be looking for at least two things when you seek venture capital: the capital itself; the added value their experience brings to your company. […]
Continue Reading...VC Speak — “He is a good guy”
Every now and then I will post a phrase I have heard often in my journeys through and with VC land. Interpreting these phrases is key if we are to get the right meaning and act accordingly. “He is a good guy” This is a classic phrase VC’s use when they describe a person, who […]
Continue Reading...One Throat to Choke Will Choke Them
So corporate IT has finally gotten what they asked for — one throat to choke. With the acquisition of BEA, Oracle has taken out its last other smaller but major competitor leaving SAP and Oracle to battle it out. Corporate IT has made it so difficult for startups that they are now going to get […]
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