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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

It was written by a guy about my age down in Louisville, Kentucky. We stayed in touch and I got to know a bunch of the Louisville startup and creative crew, like Todd Earwood, Matt Winn, and Ashley Cecil. Venture Capital & Technology' I started reading a great blog called Business Pundit in 2004.

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For Startups, 2012 Swung From Consumers To The Enterprise

ReadWriteStart

For consumer-oriented startups, 2012 came in like a lion, but left like a whimpering lamb. As the year went on, startups that target the consumer market had an increasingly hard time getting funded. The 2012 Bad-Timing Award goes to those founders who launched consumer startups – and to the investors who funded them.