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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

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

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