sometimes its hard to be on the receiving end when you are always on the giving end
(via marco)
wow it’s been a busy copule of months, new baby, integration - again, and the FOG.
Need to start posting, lots of new stuff on the horizon. Stage1Capital is almost ready to take submissions for ideas to fund and already funded a few which are doing well.
Just got a HP netbook Mini 1120NR, wiped the HP Ubuntu and running Ubuntu 8.10, so far so good and totally great form factor
Now this is cool
Just finished reading Tech Startups Don’t Need the Valley over at GigaOM, seem’d to get a bunch of tweets from people who liked it. While it brought up the point that the VC model may be broken, the cracks are there, that does not equal the Bay Area Startup culture. I totally agree that you don’t need to be in the Valley to be successful, you do need some of the support that it offers. If that support is other places so-be-it, but VC does not equal success nor does it equal the death of the valley’s great track record for turning out amazing companies.
I say find the people first and the money can follow. As someone who did a decent exit of a non-VC backed company it goes to show that just because you’re in the valley doesn’t mean you need VC. I would however argue that you can’t discount the value of the Venture community in this ecosystem. Remember that the Venture Funds are there to make money, I’ve yet to see someone have a gun to their head before signing the term sheet. I think that like everything the market will correct some of the wild things that VC’s have done in the past, but remember that location isn’t as important as the team you put together and the goto market strategy.
Not super psyched to do a one day trip to LA for meetings, down on the first flight back on the rush hour one.
Last Year this fish, this year baby! 2010 Montana’s Smith River is calling.
My friend over at TickerMine has a derivative project, TickerGraph which seems to be a real slam dunk. Imagine using some cool semantic web type technology in the actual news/reports of publicly traded companies mixed with quant type data on raw data. They can generate multiple pairs of stocks which move or are related to each other in a scary accurate way. Essentially they generate pairs, so if you have an idea about a company you can see multiple companies related to it through pure fundamental or statistical or a hybrid lens.
Thinking of investing to get the project up faster….
I must say the email updates from K&L really make it easy to get great wine at good prices. They will give you the best wine under $10 or you can pickup a 1945 Mouton-Rothschild for $10,000
I thought the stimulus would have some impact, but it seems they are having a hard time keeping the story straight. The stock market doesn’t like it.
