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

This is going to be BIG.

I started reading a great blog called Business Pundit in 2004. It was written by a guy about my age down in Louisville, Kentucky. In fact, my history with Rob and Backupify goes back almost ten years, well before the idea of cloud backup was ever a glimmer in anyone''s eye.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

His findings are based on data from more than 2,000 companies that received venture funding, generally at least $1 million, from 2004 through 2010. Mr. Dreymann moved his family from Israel in 2004 after co-founding Goodmail in Mountain View, Calif., "Were just getting more light on the entrepreneurial process," he says. Comcast Corp.,