Archive | May, 2004

It’s tough being a CEO

Jerry Colonna has an insightful post on what it’s like to be a CEO of a venture-backed company. Having worked with Jerry on a board before, I find his advice quite practical and thoughtful. One takeaway from his post is about being overcommunicative with your board meaning that VCs do not like surprises. I totally […]

Read full story Comments { 0 }

Stock option expensing

Jeff Nolan has a good overview of stock option expensing, and why we should get involved. While I agree for the need for complete transparency of stock options, I also do not believe that expensing all options at the grant date will get us closer to true economic reality. In addition, I believe the unfair […]

Read full story Comments { 0 }

Don’t overhype your company

It is on the newswire today-Cometa Networks, the wi-fi service provider backed by IBM, AT&T, and Intel, is shutting down. There is much analysis out there discussing the merits of the business and what went wrong. In a recent piece, analysts discuss how Cometa did not build critical mass quickly enough to make the […]

Read full story Comments { 0 }

Portfolio company promotion-collaboration service

As you all know, part of a VC’s job is to promote their portfolio companies. And yes, even though Expertcity is no longer a portfolio company since it was bought by Citrix, I would like all of you to know about the new collaboration service that the company is launching, GoToMeeting, which will be FREE […]

Read full story Comments { 0 }

Insights from a recent CIO meeting

This month seems to be my month for CIO meetings. Part of a VC’s job besides helping management with strategy and hiring people is to help with customer introductions and strategic partnerships. In this tough market, my partners and I have been doing our best to help along these fronts. While being in New York […]

Read full story Comments { 1 }

The increased cost of offshore development in India

In our weekly partner’s meeting yesterday, we ended up in a discussion about the progression of offshore development in a variety of portfolio companies. In the end, the companies that were doing the best job with development were the ones that had their own operations offshore. While a couple of our companies chose to use […]

Read full story Comments { 1 }

What needs to be done to make us more secure

I was in a meeting with an executive at a large financial services company today discussing some of his technology problems and how my portfolio companies could address them. One of the big issues he mentioned was spam and stopping worms. Even though his company has spent real dollars in those areas, they are still […]

Read full story Comments { 4 }

Transitioning from a service business to a product-driven company

It has been awhile since my last post as I have been busy with board meetings. In addition, I met a number of interesting companies, a couple of which were service businesses in the process of transitioning their models to become product-driven software companies. It is a familiar formula to many out there. More often […]

Read full story Comments { 1 }