Early stage venture capitalist. Love working with energetic entrepreneurs working to change the world.
I want to side note this article so badly!
6 months, 2 weeks ago on Livefyre launches Sidenotes annotations that turn any website into RapGenius
Okay: 1.), 2.) and 3.) and doable and sensible for government to do. But 4.) and 5.) should be outside the remit of government; in part because jobs should not be centrally planned and in part because they can't do it anyway. Government creates nothing. It provides shared services with our money. Finally, the 2,000,000 jobs lost was probably as much due to the secular impact of technology as a cyclical recession.
Hope you will still talk to me now that we have discussed politics :)
9 months ago on A New State Of The Union
Sorry, but this is a terrible post, with a link bait headline.
10 months ago on How Apple’s design manipulates us into liking Apple products
As a long-time investor in Klout I fee terribly proud of what Joe and the team has accomplished. At every step I have had to talk to cynics that just could not get the vision. At each opportunity our fund has increased our position as we are believers in Joe, his vision, and the product road map. Building companies is not easy, it takes passion, faith and a certain unreasonableness.
Two of my limited partners recently came across this post:
one said "This guy is one cool dude and I would wish him the best of luck even if I didn't have one penny invested."
the other said "Outstanding blog piece - so much truth in what he says......"
10 months, 3 weeks ago on Startups aren’t supposed to be easy
As a NY based VC I find Jim's perspective at odds with our experience. About 80% of what we see is via warm introductions. The other 20% if from happenstance and cold calls. About 95% of what we invest in results from the 80% of warm introductions, but without the other 20% we would not have invested in @500px, @Adcade, @InteraXon and @UniKey. These are great companies doing amazing things.
I can understand given the limited time a VC has that warm introductions become 100% of what they look at as on a probabilistic basis it is a better use of time, but then given the power curve of return distribution they just might miss out on a great company.
1 year, 1 month ago on Sheer madness: With VCs get an intro or get lost
@John Hazlewood But look how easy it is to install this:
1 year, 2 months ago on Life after “Shark Tank” — The real story of how UniKey finally came to market
1 year, 3 months ago on Life after “Shark Tank” — The real story of how UniKey finally came to market
@MunlyLeong Totally true. If we had an aversion of flying (and we are based in NY) then we would have missed out on investing in (to name a few) great companies such as Livefyre, Klout, 500px, UniKey and, of course, CSOD.
1 year, 5 months ago on Lessons from a rare $2 billion LA tech win: “I was competing with both hands tied behind my back”
As an early investor in CSOD I can tell you that Adam Miller is the real deal and this company has a long way to go.
@John Hazlewood Codes are all well and fine, but would you not like to know who entered, when and only during the period they are authorized.
1 year, 5 months ago on Life after “Shark Tank” — The real story of how UniKey finally came to market
Very excited to start using Kevo.
1 year, 5 months ago on ff Venture Capital - Ditch your keychain for the Kwikset Kēvo – turns your smarphone into an electronic key!
@jrmyhdgs Good observation. Our view is that best of breed point solutions win if they have the right API's with the right vendors. The current state-of-the art home automation systems are a UI disaster. Ultimately, your question boils down to whether I have one app that has tabs for security, lighting, HVAC etc. or one app for each: i.e. minimal difference. Our investment in UniKey was based on the deep technology stack and complexity involved that has been simplified so average people can love it. You have to see it to believe it, and unfortunately I have that advantage here over you...but only for a couple of months ;)
1 year, 6 months ago on The Future of Human Resources
I think the article should say ff Venture Capital and not Venture capital ~ I just suspect so ;)
1 year, 7 months ago on AngelList helps Distil Networks raise $200K in under a week
@jpgallo It all depends on the circumstances, but when it is being used to bridge (sic.) during a period of high growth we have not seen it cause a signaling issue.
1 year, 8 months ago on ff Venture Capital - Convertibles: great cars, bad vehicles
Check out $CSOD. They have been attacking the talent management space for over a decade and are growing revenues 60% a year for the past 6 years servicing large corporations and government to address these specific issues. The crazy thing is no one seems to know about the company. Stock up over 60% last year and over 10% year to date. The ROI from using the $CSOD platform is obscene for large companies ~ thus the massive adoption rate. Over 10,3mm seats at the end of Q3 2012 and could get to 20mm seats by the end of this year.
1 year, 9 months ago on The Future of Human Resources
Best practice has to be to get ahead of these issues.
1 year, 10 months ago on ff Venture Capital - Is Your App Next? Major Airline Sued For Mobile Privacy Violations - Cover Your Apps Today!
Wishing you some festive fun and happy, healthy and prosperous 2013.
1 year, 10 months ago on ff Venture Capital - Happy Holidays from ff Venture Capital - 2012
Wishing everyone happy holidays and a happy, health and prosperous 2013.
1 year, 10 months ago on Conversation @ http://127.0.0.1:8000/about/holiday2011/
1 year, 10 months ago on ff Venture Capital - Thankful for a Strong Community
Sarah: love to get your comparative on NY vs. SF re culture.
1 year, 11 months ago on Bitching and hard work aside, any entrepreneur in the Valley has a lot to be thankful for
We are excited to have Moveline join our growing portfolio of companies (http://ffvc.com/companies/) and really think that not only is the team on to something really amazing, but also that they are a great team. Fred and Kelly are the real deal and in the short time we have got to know them proven to us that they have the ability to grow an amazing company. We also are excited to be investing along side such a great group of successful investors.
1 year, 12 months ago on Moveline raises $1.5 million to deal with moving companies (so you never have to)
I have ordred my headset and really excited to see this product in commercial production. One of the coolest things ever.
1 year, 12 months ago on ff Venture Capital - Muse – See how your brain is performing in real time!
Well said. Though, in a few years you will regret pointing out "there’s never a line at the ladies’ room" as I think that will change. We are certainly seeing more women led Startups and have over 10% of our companies with female CEO's or founders. Clearly under-represented, but I suspect the number will increase over time given the accessibility of technology and an increased awareness that folk like yourself are bringing.
2 years ago on ff Venture Capital - A call to Women CEOs: Participate!
@Sarah Lacy the micro-funding of research for specific diseases will bring out the charlatans, but overall the connectedness, as you indicate, is what makes these types of campaigns so powerful.
2 years ago on How crowdfunding and avenging Steve Jobs could unlock a new way to fund life sciences
Most startups are mono-cultured to their detriment. It is tough, but you need to build a series of cultures in a firm, from Ops to engineering to sales. The transition from initial mono-culture to multi-culture is one of the toughest but most satisfying (and necessary) in the life of a successful company.
2 years, 1 month ago on ff Venture Capital - Beyond Engineering: the Silicon Valley "Ops Team"
Twitter is truly either a train wreck in slow motion, a corporate example of Forrest Gump, or managed by people so smart that no one can understand their strategy
2 years, 1 month ago on Will Twitter’s Uncanny Luck Ever Run Out?
Love the line " Failure is good. It means that success (read: an acquisition) actually means something."
2 years, 2 months ago on The Acqui-hire Scourge: Whatever Happened to Failure in Silicon Valley?
Try using bottlenose.com e.g. http://bottlenose.com/search/ny%20shooting. Real time information discovery.
2 years, 2 months ago on Shooting at Empire State Building Shows Twitter Is Good for News But Could Be Way Better
@indiegogo: great analysis of croundfunding
2 years, 2 months ago on ff Venture Capital - Indiegogo: Drawing A Crowd For Your Business
Great post. Good lean advice. Start with paper! cc @voxy @paulgollash
2 years, 3 months ago on ff Venture Capital - From Paper Prototypes to the #1 Education App: Paul Gollash Shares Challenges, Advice at Lean Startup Event
Great analysis. Thanks.
2 years, 3 months ago on Odyssey Marine Exploration ($3.82), A multi-year bull market in the making
Spot on reporting. We have found great deals on AngelList. Investing is not simply about deal flow, it is about selection and enabling great entrepreneurs to build great companies.
2 years, 4 months ago on AngelList Has Transformed Seed Investing — Are Recruiters and Job Boards Next?
2 years, 6 months ago on The Winklevoss Twins Have Decided to Call Themselves VCs, Because That’s a Thing Anyone Can Do Now
Perhaps @arrington should become a VC?
@Allen Miller Thanks. Your observation is spot on. Lots of interesting companies in the pipeline and to be announced. We definitely see an advantage in being a VC focused on the angel space.
2 years, 7 months ago on Raising Capital for Venture Capital Funds and Bumblebees
Bought your book and looking forward to reading it. Love that you use Livefyre for your comment system also ;)
2 years, 8 months ago on 12 Most Important Reasons to Love Klout
@sbberg1 I agree with your synopsis. Re fundraising, I might blog about it, but I have to tell you that I have met some fantastic people who have become investors in our fund through the process. It is, though a process, and as such requires time, effort and respect.
2 years, 10 months ago on Raising Capital for Venture Capital Funds and Bumblebees
@fergusonsarah Thank you. We just completed a fund raise and re-reading this post re-confirms everything that was said in it.
Thanks for your thoughtful comments. We continuously think about our approach and refine our process in light of new experiences and how we see market opportunities, in line with your recommendation.
2 years, 11 months ago on Raising Capital for Venture Capital Funds and Bumblebees
@geneoski That might be true for later stage VC's, but early stage one often have to make 'big bets' as all you have is a team with a dream and often it is pre-traction, pre-revenue. Quigo, CSOD, Klout, BetterWorks and many others were that way for us.
3 years, 3 months ago on Raising Capital for Venture Capital Funds and Bumblebees
After posting this I watched a great Malcolm Gladwell video: more http://www.newyorker.com/online/video/conference/2008/gladwell#ixzz1RibT8uwE
All about "The Mismatch Problem" which resonates with this post
@srcasm Totally agree: the next stage, the branding stage, is to think about the effect of what you share and what you want to communicate with it. If you get it right then you build your personal brand. For some this is just not important, for a small majority is it, even if they are not Justin B, or Lady G.
At the branding stage every comment, post, tweet, etc. either adds to, or subtracts from, the public image you are building.
3 years, 8 months ago on Social Privacy
@SekaiFarai When I refer to a tech startup, I mean a company that is a startup that sees technology innovation as a core competency in defining the company. It is probably founded by engineers and is doing something new in a space with more technology than the existing players. Increasingly tech startups do not see themselves as Internet companies, but as disrupters taking a new spin on an old space. The Gilt Group would be a good example in NYC. Interestingly there is some debate as to when a startup ceases to be one? Are Zynga and Twitter startups? Valuation is in the low billions, but some still see them as so.
3 years, 10 months ago on What is a StartUp?
@JonHearty Totally agree. There is something about putting thoughts on paper (or screen) that clarifies everything.
3 years, 12 months ago on Laser Focus
@MMMager I would love to think that the publishers understand the new world. We are not there yet. Their response online to the commoditization of their national news (by Google News etc.) has been to increase the percentage of content that is proprietary. They have not addressed poor engagement (stopping people reading one article and not staying) nor of surfacing relevant content that is customized for that individual (though companies like parse.ly are trying to educate them to do so). Charging more for online I think is a fad and something that will not translate into an enduring business model.
4 years ago on Current Tech Destroys Newspapers, Future Tech Supports Them
@codyboyte try reading data from an electronic device from 20 years ago: 8-tracks, floppy disks, cards. In fact, I suspect that the fragility you highlight will increase over time. Stability leads to instability and instability to stability.
4 years, 1 month ago on The Un-Stone Age