Monthly Archives: July 2006

Bubble 2.0: rising valuations

Inflated valuations by themselves are not an indication of a bubble brewing. Still, they make you think twice about what M&A and IPO outcomes are likely to be several years ahead. Pre-money valuations are not the best measure of whether … Continue reading

Posted in VC, Venture Capital | Tagged , , | Leave a comment

Cyworld vs. MySpace?

Good piece in Business 2.0 on Cyworld’s entry into the US market. It’ll be interesting to see how much the user experience and business model have to be adjusted for US tastes. When will buying virtual currency become cool? The … Continue reading

Posted in MySpace, virtual worlds | Tagged , , , | 3 Comments

Metcalfe’s Law: more misunderstood than wrong?

The industry is at it again–trying to figure out what to make of Metcalfe’s Law. This time it’s IEEE Spectrum with a controversially titled “Metcalfe’s Law is Wrong”. The main thrust of the argument is that the value of a … Continue reading

Posted in Web 2.0 | Tagged , , , , , , | 31 Comments

Bezos invests in 37signals

I wasn’t one of the 30+ VCs who tried to invest in 37signals. It’s not that I don’t think that what they are doing is cool, just the opposite. I, as well as some of the companies I’ve invested in, … Continue reading

Posted in SaaS, VC | Tagged , | Leave a comment

IE7 and WordPress

Matt Mullenweg and I talked briefly today about the problem of IE7 Beta 3 not working well with the authoring/preview features of WordPress. It seems to be something related to previews–the introduction of HTTP content into HTTPS admin sessions. Strangely, … Continue reading

Posted in Automattic, WordPress | Tagged , , , | Leave a comment

I just had to…

Well, I’ve had my fair share of aborted attempts to maintain a blog. In the past, part of my frustration had to do with the state of blogging tools. WordPress.com has fixed much of that (though I had a helluva … Continue reading

Posted in Automattic | Tagged , | 2 Comments