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
The Internet is largely a communications medium. It's also used for content distribution, commerce, and a number of other things. But the thing I do most on the Internet is communicate. Via email, Skype, instant messaging, blogging, commenting, and twittering. [...] Read more
Introducing Albert Wenger
We actually don't need to introduce Albert Wenger to many of you who are involved with Union Square Ventures on a regular basis. Albert was the President of del.icio.us and is on the Board of Etsy. He's been at most, [...] Read more
FeedBurner Is Acquired by Google
This is hardly a surprise since rumors of this deal have been all over the blog world for the better part of the past month. But it is true that FeedBurner has been acquired by Google. The price has not [...] Read more
TargetSpot
I’ve spent a lot of time in the past eight years working with the radio broadcast industry on the conversion of their business from analog to digital. That work is largely related to my role as a director and financial [...] Read more
Reserves
In early stage investing, one of the most critical things is the ability to continue to participate in the follow on rounds to protect your ownership interest. I learned this the hard way fairly early in my career when I [...] Read more
Outside.in
One form of media that hasn't yet been well executed on the Internet is local media. Yes, local search is available, and Google's offering in this area has become very good recently. Local classifieds are also all over the Internet, [...] Read more
SIAA Preview Keynote
I gave a keynote at the Information Industry Summit yesterday during the "preview session" which features emerging information businesses.We've been investing in information businesses for years at the various firms I've worked for and I've watched the business change a [...] Read more
Why We Don’t Invest In Competitive Businesses
I was trading emails with one of our portfolio company CEOs last week. The subject was a company that was looking for venture capital that offered a service that was similar to one of the services our portfolio company offered. [...] Read more