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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

RedBeacon was the 3rd winner (year 1: Yammer, year 2: Mint.com) – not bad company. The company was called Red Beacon. I acted as the occasional mentor, advisor and coach to Ethan. I was standing with him when he won the TechCrunch 50 award. In the same year they won Business Insider’s Startup competition. Nice sweep!

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Venture Capital Q&A Session

Both Sides of the Table

on the entrepreneur side of the table) when I raised at too high of a price. So don’t raise money at a cheap price, but don’t get too far ahead of yourself either. Pricing high also takes exit options off the table. But if you do this early (pre VC) then the price points are pretty low. This is wrong.

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DataSift Announces Mega-Round. Apple Buys Topsy for $200 Million. Here’s What You Need to Know

Both Sides of the Table

and so on and we do private implementations with the likes of Yammer and others. I normally look to invest my first money below a $20 million valuation and when deals get to lofty prices I normally bow out to later-stage investors who have deeper pockets. And from an investment perspective I remain incredibly long DataSift.

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How will you ride the next wave?

Berkonomics

We collaborate using Zoom, Teams, Salesforce, Yammer, Skype, GoToMeeting, Fuze and hundreds of other tools not available to the last generation of whiteboard, personal meeting or teleconference users. And 39% compare prices across alternatives. And 39% compare prices across alternatives. Will hotels be next?

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The Amazing Power of Deflationary Economics for Startups

Both Sides of the Table

If that bond isn’t there or if it feels like I’m in a bidding process for the highest price, I might as well be Wells Fargo. In the simplest form, new startups have a product that is INFERIOR to that offered by the competition but at a dramatically lower price with the seller opting for a very thin margin on their product.

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What Makes an Entrepreneur (3/11) – Ability to Pivot

Both Sides of the Table

Geni.com beget Yammer. The next time they came back they had changed their business plan to become a variable rate pricing mechanism for image owners to sell to websites and had created an image-based ad-network platform for remnant photos. Seemic (now a Twitter client) was originally a video blogging platform. I could go on and on.