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
Sessions Top Ten Insights – Eight – Putting A String On Data
Our sessions event happened almost a month ago and it is starting to fade into my memory.But there is at least one phrase that came out of Sessions that we are still using with regularlity at Union Square Ventures. And [...] Read more
Sessions Top Ten Insights – Seven – Less Control Can Create More Value
There was a lot of discussion about the relationship between web service providers and consumers. This relationship is obviously especially important in services where the consumers are also the producers of the service. One thread of this discussion was about [...] 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
Sessions Top Ten Insights – Six Reputations Are Not Portable
There was a lot of talk at Sessions about trust. The word appears 33 times in the transcript. Jeff Jarvis mentioned it 11 times himself. Here, Jeff makes the point that value is shifting from content to trust. “And so [...] Read more
Sessions Top Ten Insights – Five
One of the insights from our Sessions event was from Yochai Benkler who said the following about peer production: we do have very good research on how adding money undermines social motivations depending on contentsI am not sure how to [...] Read more