Digital Rubicon Musings: October 2009
This is a brilliant move on behalf of Comcast in my opinion. Namely, as a hedge against unknown FCC regulation and as a vertical integration strategy to be well-positioned in the Internet-video era. Brian Roberts is playing his cards right. The net net, I couldn't disagree more with this WSJ commentary.
Digital Rubicon Musings: Devil's Bargain: When Investors Get Too Low a Series A Valuation
I see a lot of posts these days about startups raising huge early-stage investments at ridiculously high valuations. What no one talks about, and what I think is equally dangerous, is the opposite: startups raising small early-stage investments at low valuations. Because there doesn’t end up being enough incentive for the founders to stick around. But most companies need 2-3 years to really see product-market fit. After one year, their business model isn’t firm. They need to gel, pivot, and...This is the...