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fredwilson
searching PlanetScale…
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31.
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by
fredwilson
13y ago
checking it out now
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fredwilson
13y ago
this is not about you reading us this is about us reading you
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fredwilson
13y ago
we are not trying to compete with HN. We use it every day and find it invaluable. what we are trying to do is open up our link sharing to the public so everyone can see what we are thinking about, reading, and discussing and while doing tha
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fredwilson
13y ago
it won't get deleted if its not spam and everyone gets a vote up or down so the best links will rise to the top
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fredwilson
13y ago
maybe, but he didn't put in on the front page of foundry's web site. we've been using this internally for a while to share and discuss links and we find it very valuable so if a community doesn't develop around this, it
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fredwilson
13y ago
yeah, we've talked a lot about having two identity systems on usv.com. it is not ideal. but twitter doesn't have comments and disqus doesn't have the user base that twitter has, yet. we are thinking about ways we can connect
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fredwilson
13y ago
i could care less about pissing off google, yahoo, etc but it is less clear what else i should be doing to try to change things i am all ears
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fredwilson
13y ago
how so?
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fredwilson
13y ago
as the VC you are ascribing that to, let me correct you. i care a lot about making money. i just think there is a time and place for everything. you can get the "make money" stage too quickly and it hurts more than helps.
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fredwilson
13y ago
as the person who wrote the "empty bag of words", i'd like to say that i agree that a business needs to have strategy at its core. but product strategy and business strategy are two different things. get the product right first, then figure
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fredwilson
13y ago
everyone contributed but it was David, Marco, and the entire Tumblr team who should get all the credit for this
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fredwilson
13y ago
i don't want to disclose confidential information publicly but we did the first three rounds with Spark alone so we did way more than pro-rata in those and then we did pro-rata in every round since.
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fredwilson
13y ago
there are many of us in VC who approach things this way. they are the ones we like to work with the most. if you look at who we work with often, you can reverse engineer the list.
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fredwilson
13y ago
it is easier to behave properly when you have a big pile of chips in front of you. when you don't have any chips, it is tougher. that's why the best get better and the worst get worse.
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fredwilson
13y ago
I take it personally when people write irresponsible garbage about our portfolio companies. I care about them and their teams a lot. Making money is nice but being a supportive and good investor is a lot better
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fredwilson
13y ago
Total garbage. There is not one fact in this privco thing that is close to right. The numbers are good but nowhere close to that good. This is the same firm that predicted Foursquare would be out of business this year which will also prove
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fredwilson
13y ago
yes, but more like 21 months http://www.avc.com/a_vc/2013/05/off-the-schneid.html
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fredwilson
13y ago
Hi Paul i would prefer to eliminate legal fees entirely by using standard docs and not negotiating them on either side. we have done that many many times and it works great. all you need to do is use a standard template. most law firms have
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fredwilson
13y ago
i love it when the lead character in the post stops by and participates in the discussion
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fredwilson
13y ago
Exactly
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fredwilson
14y ago
yes, i am using them as synonyms. most fire sales are talent driven deals.
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fredwilson
14y ago
look at the last six months of the chart
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fredwilson
14y ago
i think that is exactly what i wrote. "I have come to believe that most people can be talented at managing people if they want to be." you can hate on me and hate on VCs all you want. that's fine. but please don't misrepresent what i wrote
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fredwilson
14y ago
i think they will start to go back down once we make developing for mobile easier
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fredwilson
14y ago
the vast majority of the opportunities we pass on are a community that isn't large enough or engaged enough. i don't want to name names because that would be uncool to those entrepreneurs and companies. there are examples of businesses we s
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fredwilson
14y ago
we think it is very useful as a strategic guide. if you think of etsy, twitter, lending club, workmarket, pollenware, and kickstarter, you might struggle to understand why they all fit our investment thesis it is because they are all networ
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fredwilson
14y ago
i think you are right that the social web will not monetize as well as search. btw - foursquare's VP Revenue hire was its first, not a new one.
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fredwilson
14y ago
if i wanted to signal that, i would do that with a more direct and specific blog post. in fact i did that four months ago http://www.avc.com/a_vc/2012/08/networks-and-the-enterprise....
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fredwilson
14y ago
yes, and the cost of developing for iOS, Android, and web at the same time
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by
fredwilson
14y ago
that would be a wonderful thing if it were to happen
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