It is common in the tech industry for a new technology to be hyped up by industry insiders who hope it will transform their business. The mobile industry’s attempt to push “WAP” to the mainstream back in 2000 is perhaps the example that stands out most clearly in my mind, and I think the [...]
Back in July I wrote about Google’s HTML5 initiatives on mobile – including their YouTube HTML5 mobile site and their Google Maps HTML5 mobile site. This week they have been showing off what HTML5 can do on the desk top – at least when running in Chrome. Check out this custom interactive video [...]
Companies have been building ways to establish authority and credibility online since the beginning of the web. Yahoo started life as ‘Jerry’s guide to the world wide web’, a site where Yahoo founders David Filo and Jerry Yang lent their authority to what they viewed as the best sites. Google’s link based algorithm [...]
As many of you will know Paul Graham has been at the forefront of innovation in small company financing for a couple of years now. He is the founder of Y-Combinator, a startup accelerator that developed a new model for financing and helping companies at the very earliest stages and which has now been [...]
You might have seen that Dave McClure who has been making seed investments in the US for the Founders Fund and the Facebook Fund over the last twelve months has recently raised his own fund. In this interview with GigaOM he talks about the sort of things he likes to see in startups and [...]
On holiday over the last week or so I have been reading a lot of the chatter about seed funds/smaller VC funds in the US and I planned to sit down and digest all of it today and produce some thoughts on parallel developments in Europe. Unfortunately my day has totally run away from [...]
The FT is reporting today that William Hague, the UK’s Foreign Secretary, is shifting the balance of activity in the Diplomatic Service in favour of commercial activities (and therefore at the expense of political activities). Ambassadors will be given targets for trade promotion, and be required to tour the UK’s regions to find commercial [...]
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Those of you in the UK will probably have seen or read about David Cameron‘s ‘big society’ speech over the last 24 hours. For those that haven’t his central message is that here in the UK we need to change the way we think about government [...]
If you have been reading this blog over the past couple of weeks you might have picked up that I’m a big admirer of Steve Blank and his thinking about how to build startups. Yesterday he wrote a blog post entitled Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) which sets out [...]
The news is out today that Foursquare’s founders Dennis Crowley and Naveen Selvadurai took home $4.64m of their recent $20m Series B. As I’ve written a couple of times before I think this sort of cash out deal can be really helpful in aligning the interests of management and investors.
Last year I quoted [...]