Sans the party. My wife (@sparkle201) and I (@dherman76) were asked by our friend Charlie O’Donnell about a year ago to invest in his new startup, Path 101, at a very early stage in it’s life cycle. Initially Charlie approached me for the investment but I have no real domain knowledge of the HR world, [...]
I’ve always talked about creating a vulture fund, but haven’t executed on it for one reason or another. Something that I can execute however is an email list that would update you on interesting companies/technologies/assets for sale that could benefit your digital media organization. Whether you’re in the M&A department of IAC or Google, a [...]
I thought I’d write this post to recap the first 72 hours of launching the New Platforms Fund thru Herman blackbook. Upon waking up this past Friday morning, we received front page coverage on TechCrunch with a less than stellar headline and then became top billing on Mashable. Upon logging onto Twitter, started receiving DM’s [...]
It’s that time of year again. Approximately 360 days ago, I posted the 2008 prediction list that was picked up all over the web. We all know that any prediction in itself holds little weight but when you aggregate many predictions together, you can start to see trends and use this for guidance to where [...]
I was speaking with a friend and co-investor (@infoarbitrage) last weekend and we were discussing scaling issues in this new world. One of the comments that we both wrote down was, “anything above buying power is organizational inefficiency.” Big business used to be about building an infrastructure and then leveraging it as a competitive barrier [...]
As I write this, I’m sitting in a Starbucks on 24th and 6th Ave and have been trying to collect my digital media thoughts over the past few weeks. Apologies up front as they are eclectic. • Techmeme needs to launch an iPhone app as this would be my news source, displacing NY Times and [...]
I was reading a post from Don Dodge tonight about the New England Venture Summit and the key take away is that investors are still investing. Beyond waht Don is telling us, I’m advising a few companies right now that are in the midst of their capital raise and there is certainly money out there, [...]
In good times, advertising dollars could be the primary revenue stream of many companies, especially in the digital media world. In the tough times, advertising dollars are a revenue stream of many companies, but companies must diversify their revenues beyond ad dollars. In these tough times, I’m excited about companies who can create new revenue [...]
I was thinking about the job market today and wanted to check some stats; so I headed over to Indeed and did a few runs on salary information. The first chart shows the average salary of an early stage company compared to “Fortune” companies. Not what you’d expect, is it? The next chart I have [...]