@VCdelta released. Whoops.

Josh Kopelman tweeted about my weekend project today, which is still in alpha (at best.) Until yesterday, the only follower was Dave McClure. But he follows so many accounts that I figured he just auto-followed anyone who tweeted ‘500 Startups.’ I was going to wait until I got back from next week’s vacation before mentioning […]

The new adtech is disruptive, and that’s a good thing

I was at Luma Partners’ Digital Media Summit today. Great event, saw lots of familiar faces. I watched the adtech panel. Of the people I didn’t get a chance to invest in, these are four of the smartest: Brian O’Kelley, Joe Apprendi, Michael Barrett, and Mike Leo. Mike Leo said something that struck me as […]

Valuation for investors

Twice in the past week I have had pre-product entrepreneurs tell me that they were raising seed rounds at an approximately $10mm pre-money. In both cases I had to pass, despite the merit of the management teams. Both companies told me that they have other early-stage investors ready to fill their rounds, and I’m glad. […]

On failing

Don’t confront me with my failures, I have not forgotten them. – These Days, J. Browne   Six years ago. I was working on a startup with a bunch of friends, a big idea and one that got me out of bed every morning, excited to go to work. We had raised money from a Name […]