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side note: our last fund at GRPPartners is currently ranked as the 5th best performing fund of the year 2000. You don’t need to buy expensive software – there are free open source solutions for nearly everything. I’m not anti competition – to the contrary. VC will shrink. Oh yes it will.
I’m very pleased today to announce that I invested, on behalf of GRPPartners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). I don’t intend either, Burstly has respectable and strong competition.
He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving. When you account for competition for talent, the difficulty of retention, the cost of living and the difficulty of rising above the noise – there are many advantages of staying put.
My firm GRPPartners recently funded a young LA based company named Ad.Ly Wordpress), video (YouTube), pictures (Flickr), review sites (Yelp) and collaborative content (Wikipedia). A healthy eco-system of application developers is required for any software or Internet company to be massively successful.
It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. When your competition does irrational things to grow fueled by low-cost capital it makes it harder for you to compete by playing by the conventional rules.
Mark Suster , GRPPartners. The nearly 300 members of TCA collaborate with each other on duediligence and then make individual decisions regarding potential investments. Endeavor's partners, advertisers, and publishers will reap the rewards of the company's long-standing industry relationships.
Mark Suster , GRPPartners. The nearly 300 members of TCA collaborate with each other on duediligence and then make individual decisions regarding potential investments. Endeavor's partners, advertisers, and publishers will reap the rewards of the company's long-standing industry relationships.
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