6/24/10
Good morning, All,
Ok, a few weeks ago, SAI reported that NYC VCs were outpacing SV VCs in investments. Yesterday, they reported that the Valley’s day in the sun is over, thanks to two angel investors from Chicago who helped found Groupon and Mediabank. If you’d like to read on: http://bit.ly/agcJMV And they’re looking for more investments. Midwest-based members, definitely worth a read.
Speaking of angels, and since Thursday seems to be becoming the
different-kind-of-help day, here’s a list of the top angel investors in the
world: http://angel.co.
This last item is just for fun and nothing wrong with a bit of fun: We
shared the Boxee story with you on Tuesday, and for those of you who need
(even) more encouragement, this is in the vein of VCs who’ve blown it big
time (shocking, we know, to hear that VCs are not infallible). It’s the
Bessemer anti-portfolio: the companies in which they did not invest, whose
phenomenal success, in Bessemer’s words, “inspires us in our ongoing
endeavors to build growing businesses. Or, to put it another way: if we had
invested in any of these companies, we might not still be working.” If you
don’t have time to follow the link, their ‘what were we thinking, or
smoking’ list includes Apple Computer, Ebay, Google and HP. To name a few.
HATE that: http://bit.ly/CbTv
Finally, kudos to list member Richie Hecker for shaking up the tech world a
bit last week with his purchase of Bebo from AOL. He’s been a bit too busy
to report it himself.
Have a wonderful weekend, everyone, and in the meantime, help is on the way…