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Losing Jason

Jason Knight stepped down from his role as the CEO of Wesabe yesterday in order to devote his full attention to a medical situation in his family. Chairman and co-founder Marc Hedlund, who previously served as the company’s chief product [...]  Read more

Wesabe Steps Out

Over a year ago when we first started thinking about personal financial management tools on the web, I had this OMG moment when I realized that a web based personal financial management service was going to be way more disruptive [...]  Read more

AB Meta

Over the last two years, our portfolio company Adaptive Blue has become known for its ability to automatically recognize things like books, movies, stocks, and wines on the web. By using semantic analysis to figure out the difference between The [...]  Read more

This is Nuts

Yesterday the New York Times ran an Op-Ed piece that led with the collapse of the effort to create a hand-held device for managing the 2010 census. The latest problem is the Census Bureau’s failure— after nearly four years and [...]  Read more

New Fund – Same Focus

We closed on Union Square Ventures 2008 LP last week. Our new fund, at $156mm in capital ments, is large enough for us to be able to act on our conviction and to support our portfolio, but small enough to [...]  Read more

Google’s Data Asset

Tim O’Reilly has been saying for several years that data is the Intel Inside of web services. I am not sure the analogy is completely accurate. The microprocessor plays a different role in a personal computer than data does in [...]  Read more

Markets and Philanthropy

It has been three weeks since we hosted a group of technologists and philanthropists to talk about the impact of technology on philanthropy. I have now had a chance to go back through the transcript and to reflect on some [...]  Read more

Hacking Philanthropy – The Transcript

Here is the transcript for the Hacking Philanthropy Sessions event. It was a tough assignment for the transcriptionist. It was a large room where 40 high powered people were firing ideas back and forth without microphones. So despite a heroic [...]  Read more

There Are No Open Web Services

Let's start with a definition. A service is open when anyone can take anything (code, data, etc) from that service and do anything they want with it, without permission from anyone.You might argue that is an extreme definition. I'd agree. [...]  Read more