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Tag: #ReidHastings

That Wild, Wild Web: NOT a Tale of Web 3.0

That Wild, Wild Web: NOT a Tale of Web 3.0

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Image by PublicDomainPictures from Pixabay

Tech is and has been referred to as the wild, wild west since the early days of Web 1. Like those pioneers who ventures out into terra incognita when the west was being settled, those web pioneers didn’t know what they’d find, and even in their travels, they were making it up as they went along.

Head’s up: the same goes for investors. There’s no startup handbook, although there are books that bear that title. There’s no investor handbook, either. Which is why founders may hear one thing from one investor, get totally different feedback/advice from another. And yet different feedback/advice from a third, and so it may go, all the way down the line.

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Tech: The Half-Year in Review

Tech: The Half-Year in Review

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Image by Stux at Pixabay

Just a reminder that June is the year’s midway point and always a good idea to take stock of where we are so far.

The big tech stocks have all taken a long-overdue hit, as has the rest of the stock market and the word is that it has become harder to raise funding. It’s true that investors aren’t writing checks at the rate that they did, but then again, we’re coming off a 13-year tech high, and many people who cashed out or who were acquired suddenly became investors. But were they qualified? All things considered, that’s part of the broken VC model. Do they add value, or just money? There is a difference, and the distinction is important, especially in times like these.

Even the so-called high-flying seasoned investors are feeling the pain. It’s one thing to be a genius in the good times.  We’ll see who the true outliers are moving forward. Read More...