Bob Walsh is the author of “The Web Startup Success Guide” (on sale July 22, 2009), produces a weekly podcast for startups, The Startup Success Podcast, and is launching this month a new productivity/learning app for startups, StartupToDo.com. Bob is the author of four other books, including Micro-ISV: From Vision to Reality, co-moderates the Joel on Software’s Business of Software forum and consults with startups and microISVs on better
By Guest Author Bob Walsh [Bob’s interview with Aaron Patzer, founder and CEO of Mint.com, continues with a discussion of the company’s funding and how it tackled the security issue. For more information, see Bob’s new book, “The Web Startup Success Guide”, which will be published on July 22.] Bob: OK, let’s talk more about money.
SM: Since the dot-com crash we have seen a few different things come together. The SaaS market has really developed, and the Web 2.0 and cleantech markets have also developed. SaaS and Web 2.0 are not capital intensive areas which have had a lot of investment while cleantech is very capital intensive. What is your
By Guest Author Bob Walsh [Bob Walsh begins a series of excerpts from his new book, “The Web Startup Success Guide”, with a case study of personal finance startup Mint.com and an interview with the company’s founder and CEO, Aaron Patzer.] Bob: Let’s start with how you decided that Mint.com was something you wanted to
SM: You are a $300 million fund, but is your structure a standard 2 + 20? GT: We don’t discuss the actual structure of our fund, but it is identical to our historical structure. When we started, [we were] circulating the idea that we would raise Trinity 10 with an identical focus to our other
By Guest Author Saad Fazil Social gaming is changing the way games are marketed and distributed. Rather than relying on big publishers and distributors such as Electronic Arts, studios are leveraging the power of social media to virally spread their games. In order to better understand how they have built sustaining businesses, I talked to
SM: You are saying the early venture capital industry was performance driven? You could not get a lot of management fee-driven income with $31 million. GT: Yes. The mentality of the people who entered the business in the late 1980s, the early 1990s and when I entered it in 1996 was that you joined the
In Paris for a few days, my favorite city. Paris seems melancholy, perhaps even a bit scared. The economic crisis has knocked the wind out of the city that depends so heavily on tourism. Cafés, restaurants, boutiques — the lifeblood of Paris — the chief contributor to its incredible ambiance, sit empty. Here are some