Archive for March, 2009

Note To Timothy Geithner: Do Startups & Venture Capitalists Really Need More Regulation?

Posted on March 26, 2009. Filed under: Internet, Regulation, Uncategorized, Venture Capital | Tags: , , , , |

Mr. Geithner: In the late 1990′s, in response to the obvious financial shenanigans of large companies like Enron, Tyco, and WorldCom, Washington handed us the Sarbanes-Oxley Act.  I have no idea how effective Sarbanes has been at reducing fraud (it obviously did not prevent our current economic malaise), but I do know one thing.  Sarbox created [...]

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How To Monetize a Social Network: MySpace and Facebook Should Follow TenCent

Posted on March 9, 2009. Filed under: advertising, casual games, Internet, social networking, Uncategorized, video, Virtual Goods | Tags: , , , , , , , , |

“Little Joe never once gave it away Everybody had to pay and pay”                   — Lou Reed, Walk on the Wild Side The consensus seems to be that social networks have a monetization problem.  On this topic, both the leading technology industry blogs and the world’s top news organizations agree. [...]

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Looking For Work: Are You an Insurance Agent?

Posted on March 2, 2009. Filed under: Uncategorized |

While it may seem hard to believe in such a dire hiring environment, one of our investments, LiveOps, has excess “demand” for workers. That’s right — excess demand for workers.  For those of you that don’t know, LiveOps is a very, very cool company.  Their core technology is a SAAS “contact center in cloud.” Just [...]

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    …focusing on the evolution and economics of high technology business and strategy. By day, I am a venture capitalist at Benchmark Capital.

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