A VC Gone Mad?

http://web1979.wordpress.com/2007/07/27/a-vc-gone-mad/

by cmer • 19 years ago

15 6 19 years ago

web1979.wordpress.com

So it's time to revisit Twitter.

The news today that Fred Wilson's Union Square Ventures has funded Twitter is enough to bait me back into the ring.

migpwr• 19 years ago

A stab at twitter from the man who days earlier recommended buying facebook. What's the fb killer business model again? rigghht...

joshwa• 19 years ago

Their business model, as far as I can tell, is to license the presence technology/platform (to other web2.0 sites, mobile carriers/developers, etc), and become the "finger" of web2.0. They want to become a network backbone, after a fashion.

dpapathanasiou• 19 years ago

I thought the "blame the buyer" comment was an interesting take on the relevance of business models.

It's essentially the crazy-uncle-locked-in-the-attic aspect of all this, which no one wants to talk about.

far33d• 19 years ago

Fred Wilson is basically following the tried and true investment philosophy of Peter Lynch - invest in what you know.

He uses twitter. Lots. Why wouldn't he invest?

donna• 19 years ago

Are social networks becoming the next the dot.com bomb?

zurla• 19 years ago

this blogger lost me when he implied the delicious acquisition was a mistake. that was a brilliant acquisition, and cheap. like in the 20M - 30M range for a very important internet property. it would sell for a lot more than 30M now.

A VC Gone Mad?

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