What do you do for a living?
It’s not that I’m ashamed of being a venture capitalist, but I do find that when people I don’t know ask me what I do, rather than say “I’m a venture capitalist” I typically say “I work for a finance company”. Writing this, I suppose that probably makes me sound like I sell mortgages or something, but for some reason I prefer it to the more direct answer. We were talking about this at a Foundry partner offsite earlier this week and it turns out that I’m not the only one of the group that tends to do this. We decided that it probably doesn’t stem from a deep seeded psychological problem (although perhaps we’re in denial about that) but rather is a result of geography. On the coasts who you are is much more tightly associated with what you are – vocationally speaking – but here in Colorado (as Chris eloquently put it this week) when someone asks you “what do you do,” you’re much more likely to talk about mountain biking or skiing than you are to answer what you do as a vocation. It’s not that people here don’t work hard (or that people on the coasts don’t do things outside of work), it’s more a question of how you want t the outside world to see you (and in what order). …
November 30, 2007· 2 min read
Mac Attack
Perhaps it’s too cliché to rag on Microsoft Vista, but indulge me for just a minute. Vista – you suck! You reboot my computer constantly and at seemingly any time of day, you don’t work with any of my existing peripherals, you amuse yourself with your endless “i’m thinking now, please go away” circles and seem to revel in turning my inbox opaque and hanging up for minutes on end – especially when I’m in the middle of something important. …
November 29, 2007· 1 min read
How much is that meeting costing you?
So now that you are arguing for consensus at your meetings rather than arguing to win, how much is that tete-a-tete costing you anyway? Here’s an amusing answer to that question. I just ran a hypothetical meeting with a VP Sales, COO and Director of Biz Dev. They couldn’t agree on anything and our meeting ballooned into an hour long discussion. The grand total? $169.56. A waste of time and money . . . hypothetically speaking . . .
November 25, 2007· 1 min read
Arguing to win
Someone recently told me about being stuck in a group where people were arguing to win, rather than arguing for consensus. Whatever it was they were talking about didn’t get solved and a bunch of people left the meeting annoyed. I’ve not heard anyone describe the difference in debating style to me in this way before and think it perfectly captures a huge distinction in the polar approaches some people bring to a group decision making process. …
November 25, 2007· 1 min read
The gentrification of FaceBook
I first signed up for FaceBook about 8 months ago, interested in checking out the platform and to playing with the technology. I was happy to find a handful of my geek Boulder friends already there as well as a few colleagues and one or two college buddies. The TechStars guys (most of whom were under 25) were, of course, well established on FB already and happy to point me in the right direction (download this, pull your blog into your news feed, see your contacts this way, etc.). …
November 24, 2007· 2 min read
The 20 worst venture deals of all time
InsideCRM has compiled a list of the 20 worst venture deals of all time. Not sure the methodology (I can think of a few that I might have added to the list . . .) but the deals mentioned are for the most part worthy of the designation. You can see the story here – definitely amusing reading.
November 20, 2007· 1 min read
They get it
There’s no question that OpenSocial supports exactly what I was talking about last week. Check out Marc Andreessen’s post on the effort here – a must read for anyone who cares about open platforms.
November 1, 2007· 1 min read
Web2.0 social-networking SaaS is the way to go!
Someone joked with me the other day that after a recent experience trying to get funding for an old school enterprise software business they were going to reposition themselves as a Web 2.0 social networking SaaS company to see if that helped. Ahh . . . bubble humor . . . it would be even funnier if it didn’t ring so true . . .
October 26, 2007· 1 min read
1980’s all over again
I’ve written a few posts about my general concerns over our economy (we save too little, have too much debt, etc.). I’ve received my fair share of feedback that outlined all the reasons why the world had changed, that certain leading indicators no longer mattered, etc. That’s all wishful thinking in my mind – we live in a world of real and repeatable cycles. And while overall the global standard of living has gone up over time and the duration of our periods of growth have lengthened, our economy and the world economy is cyclical and generally speaking follows repeating (if not predictable) patterns. …
October 26, 2007· 2 min read
AppExchange is the new black . . . again
The big news coming out of Web 2.0 (other than Facebook’s Evan Zuckerberg somewhat obliquely announcing that FB is going to create its own ad network and dodging a few questions about their developer agreement – see coverage here) was MySpace following in the steps of Facebook and opening up their site to developers. It’s no secret that MySpace has struggled – especially relative to Facebook (at Web 2.0 Murdoch also lowered guidance for MySpace revenue and there have been many reports of MySpace’s significantly lower growth rates than that of Facebook). Facebook’s decision this May to create a standardized development platform for 3rd party app builders has without question been a huge success. MySpace has now jumped on the platform bandwagon and will begin to better support their developer ecosystem. …
October 23, 2007· 3 min read