SM: Even so, 2002 was not a great time to start a new fund. BJ: No, it was a horrible time to do that! SM: Tell me more about that experience. BJ: I knew a few VCs who had tried to raise a new fund in 2002, and most of them gave up. They concluded
Most Venture Capitalists that entrepreneurs work with these days have never been entrepreneurs themselves. They have not had to take substantial personal risks. They are used to cushy lifestyles, fat paychecks, and existing brands that their firms have built long before they came on board.
Tagged, launched in 2004, is a rapidly growing social network for teens aged 13 – 19. It is quickly becoming the number one teen site. The site’s early innovations include the use of slides and YouTube as a part of its graphical interface. In February 2006, Tagged raised $7 million in its first venture capital
Okay, so let’s do a quick survey on what we read to keep on top of Web 2.0 / Web 3.0. Here are some from my feed reader. Do share what you like.
“Are you kidding? No way!” In 2008, the IT and IT enabled services (ITES/BPO) industries are supposed to be the major drivers of India’s economic growth. According to Nasscom, the two industries combined will employ 4 million people and account for 7% of GDP and 33% of foreign exchange inflow. The death of this industry
There are many, of course. Here are some we read: TechCrunch: TechCrunch reports on new technology companies in the web space. Ars Technica: Ars Technica is focused on the “art of technology”.
Last week we took a look at Xanga and today we will take a look at hi5, another popular social networking site. hi5 has an Alexa traffic rank of 8. hi5 is more popular globally than it is in the US. It is the number one site in Peru, Dominic Republic, Costa Rica, Ecuador, Portugal,
This morning, as I was doing the HP piece, it struck me how big an impact Emerging Markets are having on companies right now! “HP has done well globally, a strong reason for it to be unfazed by the slowing US economy. In 2007, 67% of its total revenue was from outside the US. In