Wattpad’s Continued Re-Imagining of the Book
This week is Book Expo America which is the biggest book trade show in the US. That's a great moment for reflecting on how the book is being transformed in the age of the Internet. Mary Meeker in her slide [...] 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
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
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
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
Scalability
One of the common concerns about IT enabled services generally and web services specifically is that they do not have the potential to scale. When the focus of venture capital was on IT infrastructure, this criticism was often voiced as [...] Read more
Defensibility
Historically the defensibility of information technology companies has been based on intellectual property - usually patents, sometimes copyrights. From the late 70s until the late 90s many venture backed start ups contributed key components to the information technology infrastructure we [...] Read more
Information Technology Leverage
Not all IT enabled services businesses get the same value from their IT investment. We look for companies that have substantial technology leverage. When we make this point in conversation with an entrepreneur, it is usually enough to say "think [...] Read more
Potential to change the structure of markets
We invest in IT enabled services that have the potential to change the structure of markets. We see many plans that claim to incrementally improve the efficiency of an existing company or market. Some of these have pretty compelling economics, [...] Read more