Three Weeks to Money: How long a seed investment should really take

Some financing rounds seem to go really fast.  Others drag on for months and months.  The problem with dragging it on is twofold– a) The entrepreneur is distracted from doing what they need to do–i.e. running the business. b) There really isn’t any more actual information to pour over–it’s just a lot of thinking and talking about the same things over and over again.   Most investors could probably get you money and docs signed within 10 days if they really needed to get into something, but that’s probably not realistic for all deals.  So what should the right amount ... Read More

Thisisgoingtobebig - Monday, October 7, 2013

Curated Marketplaces

Stephanie Tilenius, who is an EIR at Kleiner Perkins, wrote an interesting post on curated marketplaces last week. She mentions our portfolio companies Lending Club, Etsy, and Kickstarter in her post. Stephanie argues that the old rules of building marketplaces, that led to big businesses at eBay (where she worked) and Amazon, are giving way to a new set of rules. This line, in particular, got my attention: Consumers now demand beautifully designed and curated experiences, especially in a mobile-only marketplace. I agree with Stephanie that marketplaces need to be simple, beautiful, and easy to use on mobile in order ... Read More

AVC - Monday, October 7, 2013

10 Tech Things You Need To Know This Morning

Good morning! Hope you had a great weekend. Here’s some news to kick-start your Monday: Samsung’s new large-screen phone, the Galaxy Note 3, goes on sale this week. It’s getting great reviews, despite the fact that it’s larger than a Pop-Tart. The FBI is having trouble tracking down the Silk Road founder’s bitcoin stash, which could be worth $ 80 million. A teenager explains the proper way to use emojis. Twitter left out two years of financial data from its S-1. Apple is reportedly making a strong push to expand in India. Samsung launched a TV ad for its Galaxy ... Read More

Silicon Alley Insider - Monday, October 7, 2013

Mobile Messaging App Line Bags 10M Users In India, Readies Bollywood Marketing Push

Mobile messaging app Line, which has been on a marketing push in India, has added 10 million Indian users to its registered users count in around three months, as it prepares to kick off a Bollywood actress-backed TV ad campaign in the country. Since officially launching in India, Line said voice calls on its service have grown 3,200 %, use of stickers is up 1,800%, and messages have grown by 700% since June 2013. Line revealed the growth figures in a blog but did not specify how many of these new signups are staying active vs trying and then ditching its app. ... Read More

TechCrunch - Monday, October 7, 2013

The New Serfs and the End of the Middle Class

A growing theme across the Internet is that technology is driving income inequality and creating a "neo-feudal" economy.  This week alone there are two good examples of this point of view. TechCrunch's Meet the New Serfs, Same as the Old Serfs is interesting because it provides a rare critical look at some parts of the Sharing Economy. Normally the Sharing Economy is fawned over in the media, who treat it like it's a radical new approach to capitalism that's going to save the world.   The TechCrunch article points out that many of the sharing economy's firms require the availability of ... Read More

Small Biz Labs - Monday, October 7, 2013

Pitch for Chillweek

Company / App Name: Chillweek http://www.chillweek.com Twitter – chillweek What does it do? Local event discovery. Chillweek aggregates Facebook events and tells you what are the best events in your city. See statistics about events to decide which is the best fit for you. Add you own events trough our Facebook API. Why do we need it? Never miss cool events. The easiest way to discover the best events in your city. Being on vacation? Just check Chillweek and find what day and venue is the most popular for going out. Who is it for? People who want to discover ... Read More

The Startup Pitch - Monday, October 7, 2013

Nielsen Preps Its Twitter TV Report, While Facebook Extends Data Partnership To Foreign Networks

Nielsen is set to publish its first report with TV rankings based on data from Twitter. The report, which comes out on Monday according to the Wall Street Journal, will look at the number of tweets about a show and the size of the audience that sees them. This is an important move for Twitter ahead of its IPO because it sees TV-related data as an important part of its monetization plans. Providing data about TV viewer engagement is also a key part of Twitter’s rivalry with Facebook, which has been trying to distract from the Nielsen-Twitter partnership by presenting ... Read More

TechCrunch - Monday, October 7, 2013

Pitch for Eyeonplay

Company / App Name: Eyeonplay http://eyeonplay.com Twitter – eyeonplay What does it do? Eyeonplay is a real-time platform for football lovers. You can track, share and follow any football game from the pitch! You can create a live match report of any football game and discuss it with your friends using your smartphone Why do we need it? Football fans need a place where they can find results and updates about their favourite top club\’s games and about their local football heroes playing in amateur or semi-pro league. Eyeonplay can do that through its crowdsourced nature Who is it for? ... Read More

The Startup Pitch - Monday, October 7, 2013

LG’s New Nexus Phone Gets Detailed In Leaked Service Manual

There has been no shortage of leaks that claim to show off Google’s next Nexus smartphone (including this not-so-subtle nod from Google itself) over the past weeks and months, but we may have just hit the mother lode this weekend. The folks at Android Police have gotten their hands on a hefty, near-final draft of a 281-page service manual for the forthcoming device, which still technically bears the LG D821 model number. Really though, LG isn’t fooling anyone here. The document is chock full of diagrams and images (some of the device in various states of disassembly) that depict a ... Read More

TechCrunch - Monday, October 7, 2013

Pitch for Tripgems.com

Company / App Name: Tripgems.com http:/www.tripgems.com Twitter – What does it do? TripGems is based around finding something to do at your destination, whether this is a travel tip from a friend, from someone else, or a deal from a local business owner. There is always something to do Why do we need it? `There is so much ‘travel wisdom’ among travellers on what is hot an what is not, we believe we can unlock this value by providing a platform that works fast and is easily accessible by anyone everywhere. Who is it for? Travellers and their travelling ... Read More

The Startup Pitch - Monday, October 7, 2013