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John laid into a well-honed thesis on why the social web needed a “Page Rank” equivalent for people. I almost don’t want to tell you because I love the product and would love for them to stay under the radar screen from investors. Don’t be surprised if you see me bagsie that idea for GRPPartners.
Gilt Group is currently the largest private sale web site in US. Configurable from desktop-based web-based UI. Those companies are already going to be crushed by Skype’s new screen sharing capabilities. If I were a number 3-5 players I’d be looking to exit early while there’s still a lot of enthusiasm for this hot market.
In my LA I often see computer screens open with entrepreneurs talking about digital media. That sets us up nicely for the next phase of the web. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRPPartners). I live in the city of Santa Monica. And of course you have Hollywood.
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 ). The way we use “computers&# is dramatically shifting. Good luck, guys.
He started targeting the ad by location and interest, and the number of potential people he was reaching began decreasing on screen (Facebook tells you dynamically). Last week I was having coffee with an ex engineering student of mine now on his second startup (and for a change it wasn’t a Web 2.0 It’s also the wrong answer.
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