Monday, November 01, 2010

Lykke Li: Get Some



(Via Fred Wilson)

Dropio Acquired

Image representing Sam Lessin as depicted in C...Image by jessica vascellaro via CrunchBaseI was just over at Mark Peter Davis' blog for this blog post and learned there Dropio has been acquired - wow - and by Facebook? Congrats, people.

FourSquare Office, Dropio Technology
Digital Dumbo: Here I Come
Venmo And Frictionless Payments
Social Media Week: The Best NY Tech MeetUp Ever
The Far Future Of Databases At The Dropio Offices
A MeetUp Has Me Excited: Y + 30

How Companies Get Valuated

I don't know a whole lot on the topic. I have a broad idea. I get the concepts. But I have not bothered to master the details. There are too many versions, too many ways they get done. Android is not fragmented, what is really screwed up and fragmented is how companies get valued.

How companies get valuated reminds me of when they taught me several pre-Charles Darwin theories of evolution at high school. They were all over the place. They all lacked the basic beauty of Darwin's theory of evolution.

Dave McClure: Super Angel: Foulmouth

Master Of 500 Hats: July 2010: MoneyBall for Startups: Invest BEFORE Product/Market Fit, Double-Down AFTER.
Super Angels are a recent enough phenomenon that even Paul Graham only very recently wrote about it. There used to be angels and venture capitalists. Super angels have wedged themselves between the two, supposedly wanting to threaten both. Super angels are not your rich uncles, they are not family and friends, they have millions of dollars that they themselves raised, but they are not VCs. They pay way more attention to you than VCs can, they are agile, they have way more money than the traditional angels, and in many cases they are out to make quick money. They are not looking for the next Google, they are looking for the next company Google will buy.