A historical collection of our writing.
Brad BurnhamHistorically 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 all now […] Read more
Brad BurnhamNot 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 Craigslist not Webvan”. Webvan was a huge and […] Read more
Brad BurnhamWe 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, but in our view the upside here is capped by the […] Read more
Brad BurnhamA year ago when we first re-launched our web site as a blog, we did so because we felt that the environment was too volatile for a fixed investment thesis. Instead we suggested that our thesis evolves in a dialogue with the market and that it made more sense for us to publish the conversation. […] Read more
Fred WilsonWe recently posted the news that our analyst Charlie O’Donnell is leaving us to join one of our portfolio companies. We are now actively looking for someone to fill his position. We noticed while working with del.icio.us that their best hires were part of the extended del.icio.us community long […] Read more
Brad BurnhamThere is this wonderful Alice in Wonderland quality to the current Net Neutrality debate. Listening to the rhetoric, one s to feel that up is, in fact, down and down is up. The innovative high growth applications companies like Amazon, Ebay, and Google are are asking the government to impose a […] Read more
