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A Delicious Eight Months

On April 14th, we closed an investment in Delicious. We wrote about our initial investment here. Eight months later, Delicious has been sold to Yahoo!. The news is on the Delicious blog.We are thrilled to see Joshua Schachter, one of [...]  Read more

Powered by…

We are very happy about the success of our new website. It has become a vibrant hub for thoughtful exchange and we hope we can facilitate even more dialogue that our audience finds interesting. This would not be possible if [...]  Read more

Evolution vs. Intelligent Design

For years, we have been fascinated by the fact that many of the very best startup companies come out of "side projects". They are accidents really. eBay, Google, and Yahoo! are all examples of this mode of starting companies. Delicious [...]  Read more

Our Customer Is The Entrepreneur

Many of the people we know in the venture capital business think their customers are the LPs (the investors in venture capital funds).We've always thought that was wrong.The entrepreneur is the customer and the LP is the shareholder. That's the [...]  Read more