Zynga Game Network
In the middle of last year my friend Mark Pincus stopped by my office to tell me what he'd been up to. Facebook apps it turned out, of course. He said, "Fred, by this time next year, everything you invest [...] Read more
Google’s Data Asset
Tim O’Reilly has been saying for several years that data is the Intel Inside of web services. I am not sure the analogy is completely accurate. The microprocessor plays a different role in a personal computer than data does in [...] Read more
Why Early Stage Venture Investments Fail
In my last post on failure rates in early stage venture capital, I made the point that every portfolio is going to have failures. I’ve made 32 direct investments (the deals I’ve sourced, led, and managed myself) over the past [...] Read more
Failure Rates In Early Stage Venture Deals
My friend Jeff Jarvis invited me to talk to his class yesterday. Jeff is doing something really cool. He’s teaching graduate students in journalism school how to be entrepreneurs. So these students graduate with the understanding that they have another [...] Read more
Why Past Performance Is A Good Predictor Of Future Returns In The Venture Capital Asset Class
I wrote a series of blog posts about venture capital fund performance on my personal weblog several weeks ago. One of the things that came out of that series is the fact that the top quartile of fund managers performs [...] Read more
Tumblr
I have many locations on the internet where I can point to and say "that's a piece of me." There are a number of web services on which I output for my various modes of perception. The music I listen [...] Read more