Both Sides of the Table

MARCH 17, 2010

First, I’d like to quote (paraphrase) Brad Feld speaking at Twiistup in LA in 2009, “I keep hearing people in LA talking with a chip on their shoulders about building a tech business here relative to Silicon Valley. But LA is not Silicon Valley and we don’t need to aspire to be so. Come join us.

Silicon Valley 290

Silicon Valley Technology Los Angeles Southern California 290

Agile VC

APRIL 17, 2011

How They Make Money: Majority of Kayak’s revenue actually comes from advertising on their site (55%), not lead generation or referral fees to travel suppliers as you might think (more on this below). Im a former Silicon Valley entrepreneur turned East Coast VC. Financial Snapshot: 2010 Revenue: $170 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Both Sides of the Table

AUGUST 3, 2009

LA not only produced the obvious – MySpace – but also created the whole category of sponsored search (Overture), AdSense (Applied Semantics), Local Search (City Search), comparison shopping (PriceGrabber, Shopzilla) and lead generation (LowerMyBills).

Silicon Valley 228

Silicon Valley Cofounder Hawaii Semantic 228

Both Sides of the Table

FEBRUARY 15, 2011

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. And this Silicon Valley bias isn’t limited to any single meeting – it has been a recurring theme in my time as a VC. Funding is different outside of Silicon Valley.

Silicon Valley 313

Silicon Valley Southern California Los Angeles Semantic 313