Why We Admire Craigslist
Craig Newmark came by last week and spent an hour with us and the leaders of several of our portfolio companies. I kicked off the conversation by describing how Charlie, who was short two softball players for a game last [...] Read more
Introducing Bug Labs
The two things we respect most in an entrepreneur are experience and passion. In entrepreneurship, as in life, they do not always go together. So we are thrilled to be working with Peter Semmelhack, the founder of Bug Labs, our [...] Read more
A Stray Thought on the Micro-chunking of Media
This is one of those blindingly obvious revelations that make you feel a little dumb in retrospect. It occurred to me over the weekend, as I leafed through the Economist's special section on new media that, it is impossible for [...] Read more
Why has the flow of technology reversed?
Esther and Fred are right that at least in some specific areas like lightweight web services, the flow of technology has reversed. This creates an interesting opportunity for entrepreneurs and investors who,. like us, are on the look out for [...] Read more
Yes but….
In our first "hello world" post on this blog, we made the point that the market we operate in is one of the most dynamic markets anywhere. We concluded that it made little sense to have a static investment strategy [...] Read more
Will Computing Ever Be As Invisible As Electricity
Many years ago, I read an article that made a big impression on me. It compared the adoption of information technology to the adoption of electricity. The article noted that, in the late 19th century, when electricity was a novelty, [...] Read more
Research and Development
Is it just us, or is there really a sea change in the nature of research and development.For my entire career in information technology, research was all about cracking very hard technical problems. How to move more bits from here [...] Read more
Mathematics – How much is enough
I did not study a lot of science in high school so this reference to mathematics is likely to be my last effort to come up with a model from high school science that sheds light on the evolution of [...] Read more
Physics – The Second Law of Thermodynamics
A week ago I stretched my rudimentary knowledge of high school biology to come up with an analogy that, for me, shed some light on web services. Today, I am going to try an analogy from physics which I know [...] Read more