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A developer and his app leave the Twitter ecosystem due to poor treatment

I have long been a user of the Topify service which provides email alerts to events on my Twitter account.  My primary use case has been to quickly see who has started following me and to efficiently follow some of them back by simply replying to the Topify email.

Unfortunately the service is being [...]

Parody on raising capital in today’s market

For a little amusement this Thursday check this video from Luma Partners which has a parody investment pitch from a DSP company (DSP stands for ‘demand side platform’ and is a category of Adtech business that was super hot last year).  I love the irony that even though no investor wants to invest in [...]

Last night Riverbed acquired our portfolio company Zeus Technology for $140m

Last night we announced the sale of Zeus Technology to Riverbed for $140m. This exit is the culmination of a lot of hard work by a lot of people over a long period of time. My involvement with the company dates back to 2004 when I led a recapitalisation of the business [...]

Social networks engender trust

One of the reasons that I’m a fan of social media is that I believe that Facebook, Twitter, blogs etc. are a powerful force for good by virtue of the transparency they bring to society and the relationships between people they engender (here are two posts I’ve written previously on this topic).  I realise [...]

Bringing transparency to venture capital

There are two US VCs whose blogs I follow religiously, are perhaps my biggest source of inspiration in writing The Equity Kicker, and who I often quote here.  The first is Brad Feld and the second is Fred Wilson, and yesterday Fred posted a write up of Brad’s latest book Be Smarter than your [...]

Revenue per active user – consumer internet benchmarks

The chart below is from Technology Review India.  Note that Groupon shouldn’t really be compared with the rest because its revenue per user includes the value of the products and services shipped.

Footnotes: 1.) The figure for Google users refers to the number of unique monthly search users, which doesn’t reflect all [...]

Even bankers believe web company prices are inflated

On Tuesday the Wall Street Journal reported the results from a survey of bankers which found that three quarters of respondents believe that the ‘valuations of many private internet businesses aren’t justified’.  The survey went on to ask what was driving the prices up, with the following results:

34% believe it is down to [...]

50 Questions: What should I put in my business plan?

Twenty-eighth in a series of weekly posts by myself and Nicholas Lovell of Gamesbrief which answer the fifty questions you should ask before raising venture capital.  We expect the series to run for a year after which we will collate the posts into a book.  You can find the rationale behind the series here, [...]

CEO and board must be united

Brad Feld put a great post up yesterday titled Note to CEOs: Decisions come from you, not the board which makes the point that it is a mistake for CEOs to blame the board for a decision that has been made, either because they don’t agree with it, or because they want to distance [...]

The consumerisation of enterprise software

The consumerisation of IT is a much talked about theme of the last ten years or so.  The definition per Wikipedia is:

Consumerization … describes the trend for new information technology to emerge first in the consumer market and then spread into business organizations, resulting in the convergence of the IT and consumer electronics [...]