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Jim Lanzone Leaves Ask to Join Redpoint Ventures as Entrepreneur in Residence

Rustybrick reports that Jim Safka has taken over as CEO of Ask.com and that Jim Lanzone has joined Redpoint Ventures as an entrepreneur in residence. Some point to the recent increase traffic at ask.com traffic and ask why? It’s hard to tell exactly what terms Jim left under, nevertheless it’s great to see that he [...]

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Matt McCall on Ray Kurzweil’s Accelerating Investment Returns and Black Swans

Matt McCall writes about his talk last Thursday at Ignite Chicago on the issues of Black Swan and on Ray Kurzweil’s theme of accelerating returns. The Powerpoint of Matt McCall’s speech is here. Quick points: – a Black Swan is 1) a rare event, 2) with high impact, 3) that is hard to predict (pattern [...]

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Web 2.0 was NEVER a Business Strategy

You saw the craze. People built up Web 2.0. It’s frequently a term that people used to avoid business principles and focus entirely on technology without any end goal. I have always disdain it. Many folks surprisingly jumped in with funding for some of these ideas, likely more due to existing dot bomb relationships that [...]

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AlwaysOn Top Dealmakers List

As I explore the path of joining a start up management team or potentially returning to the financing side, I will analyze the Alwayon Dealmakers list with great interest when time permits. You should too. Limited Partners Limited partners are the big, quiet kahunas at the front of the technology finance food chain. Venture capital [...]

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Chicago TiECon ’07 Mentorship: Boosting Tomorrow’s Business Leaders

There are still a few seats left! TiE puts on amazingly high quality events, I greatly look forward to seeing you there! Sign up now, don’t delay! TiECon Midwest is the premier event organized by TiE-Midwest held every two years. Join us in Chicago this October 5th for TiECon ’07 Mentorship: Boosting Tomorrow’s Business Leaders, [...]

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Suburban Chicago Silicon Prairie Social Internet and Technology Mixer Thursday

Tim Courtney sent me the following note late last week, I hope to see you there…. When: Thursday, September 20, 2007 from 6:30-10:00pm Where: Mullen’s Bar & Grill 3080 Warrenville Rd., Lisle, IL 60532 An opportunity to connect in an informal setting with like-minded people in technology; whether you’re an upwardly mobile professional, a job [...]

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Like Many in Chicago, Facebook Moved West to Silicon Valley

The Boston Globe has a well researched story about how and why Facebook moved to Silicon Valley. Why can’t the Chicago newspapers cover technology in such a thorough and complete manner? I thought I’d rip some of the better quotes out of it that apply to VC, Internet and Chicago and discuss them: Zuckerberg told [...]

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How the Credit Crunch Could be Good for Venture Capital and Other Sectors

There is discussion tonight around the blogosphere regarding the potentially positive impact of the credit crunch on the venture capital flows. Based on the history of past cycles, like the post dot com bust and 9/11 era created the low interest rate environment that fueled the inappropriate allocation of capital to the housing market. Some [...]

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