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The interesting part is that the article ends with him and McClure traveling to China for a conference circuit. Did they have any customers in China? As a roug
by temphn 14y ago
The interesting part is that the article ends with him and McClure traveling to China for a conference circuit. Did they have any customers in China?
As a rough proxy for the correlation between tech circuit exposure and results, it would be useful to make a scatterplot of the (number of times a company is mentioned on Techcrunch) vs. (exit value in USD). Two companies at opposite ends of the spectrum would be Foursquare ($2M revenue in 2012, mentioned frequently on TC) and Meraki (acquired for $1.2B in cash, handful of posts on TC).
- emmett 14y agoOr Facebook, mentioned CONSTANTLY on TechCrunch, which is currently at a market cap of $68 billion on the public exchange. Or many startups that get mentioned once on TechCrunch and never again and then fail. I agree that the scatterplot would be interesting, but I think you are supposing that the answer will come out the way you expect.
- xyzzy123 14y agoI think if you used TC mentions as a proxy for valuation you would overvalue consumer facing products versus say back office, network engineering or enterprise. Apart from TC bias, it's also a reflection of marketing priorities. A "Foursquare" wants to get in front of everyone, a "Meraki" wants to target decision makers for infrastructure purchases.
- msuster 14y agoI went to China to meet with tech firms, VCs and government officials. And to learn about the funding environment for Chinese firms investing in VCs. I know that Dave also met with LPs (who invest in in VC funds). But thanks for making the blind assumption about my trip and motives. Appreciate it.