Is There A Social Media Bubble?
Of course there’s a social media bubble. All over the map, everyone ranging from seed-stage investors to the public markets are paying inflated prices for social media assets. But while the current frenzy is a bubble, it doesn’t even come close to the magnitude and madness of the Dot-Com bubble. Back in those days, “eyeballs” [...]
Speak Up, Silicon Valley
I had an interesting experience at Mega Startup Weekend. I was lucky enough to be invited to help judge the startup pitches at the end of the weekend. It’s remarkable how much a dedicated team can accomplish in just 54 hours.But my most interesting e…
The Myth of the Celebrity Entrepreneur
A couple of days ago, I ran across a blog post asking how unknowns could compete with celebrity entrepreneurs. It’s a common question, and becoming more relevant as the expansion of the startup ecosystem (including trade press like TechCrunch and Mashable, who act as our version of paparazzi) and the relative paucity of IPOs in [...]
Reverse Demo Day (Thursday, February 23)
By now the rituals of Demo Day are familiar. The opportunities are great both for startups to tell their story, and for investors to see a lot of deals in a very short time. So why wouldn’t the reverse be true? Introducing the Valley’s first Revers…
Jeremy Lin, Women in VC, and the Bigotry of Pattern Matching
Jeremy Lin is the talk of the NBA. Sportswriters everywhere are busy cranking out column inches on what people have called the ultimate Cinderella story: The emergence of an Asian-American Harvard graduate, seemingly from nowhere, as one of the NBA’s …
Book Summary: "StandOut" by Marcus Buckingham
I’ve been a fan of Marcus’ work since his original breakthrough book, “First, Break All The Rules.” His core message of the importance of casting people in the proper roles has stuck with me.Where Marcus’ previous books focused on the role of managers,…
Want my time? Fight cancer!
Seven years ago, Jennifer Goodman Linn, the wife of my old HBS classmate and basketball buddy Dave Linn, was diagnosed with with a rare soft-tissue cancer. Most people, when facing such a challenge, turn inward to focus on fighting the disease.Instead…
What Startups Can Learn From Tim Tebow
The Tim Tebow phenomenon has become the biggest story in the NFL, exceeding the routinely remarkable perfection of the Green Bay Packers and the quietly dumbfounding turnaround of the 49ers under Jim Harbaugh.For those who aren’t sports fans, Tim Tebow…
Don’t Confuse Signifiers and Substance
When it comes to startups, its easy to confuse signifiers and substance. The truth is hard to know, especially with early stage companies. If you don’t have a product or customers, it’s hard to have substance. Yet whether you’re a startup or investor, you’d be wise to focus on substance rather than signifiers. Not because [...]
Bought vs. Sold (Why Jive is a dinosaur & Dropbox is the future)
Both Dropbox and Jive are successful companies that are much in the news recently. Jive just filed its S1 for its IPO, while Dropbox raised its first major round of funding at a $4 billion valuation. What’s most interesting to me is that they represent polar opposites in terms of business models. They illustrate the [...]
The Robot Menace Is Real
Longtime readers know that one of my greatest fears is of the inevitable robot rebellion. Check out these blog posts from over the years: USAF Continues Its Push Towards A Terminator Future (2009) Pentagon Turns To Robot Soldiers (2008) I, Robot (2005) (The most recent post even includes the following opening line: “Longtime readers know [...]
Reverse Demo Day (Thursday, September 29)
By now the rituals of Demo Day are familiar. The opportunities are great both for startups to tell their story, and for investors to see a lot of deals in a very short time. So why wouldn’t the reverse be true? Introducing the Valley’s first Reverse Demo Day, where the investors sell themselves to entrepreneurs. [...]
The Long, Strange, Inspirational Trip of Dave McClure
Photo courtesy of toprankonlinemarketing
I first met Dave back in 2002, at an SDForum (now SVForum) volunteer dinner. I was one of the chairs of the Startup SIG (special interest group), while Dave was one of the chairs of the Venture Finance SIG (th…
It’s The Information, Stupid
Marc Andreessen (who is both richer and smarter than I’ll ever be) recently caused a stir with his Wall Street Journal op ed, “Why Software Is Eating The World.” Marc is a good writer, and it’s a good editorial that helps explain the increasing importance of software. But I can’t help but feel that he’s [...]
How To Fix The Inbox
I’m notorious for the amount of email I receive and the difficulties I have keeping up with it. My best estimate is that I receive about 200-300 emails each day. On those few blessed occasions when I do get my inbox into single or double digits, I feel both enormously productive and focused. (Alas, the [...]