Archive for August, 2007

The Facebook Founders Club never ceases to expand:
Indeed, Mr. Greenspan, who is now 24 and moved to Silicon Valley last year to start a company, appears to be a clear example of a truism in this high-technology region: establishing who is first with an idea is often a murky endeavor at best, and frequently it is […]

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Posted By: Ashkan Karbasfrooshan | Aug 31st

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If you thought financing rounds were raising eyebrows, here’s a prediction, it’s about to get a lot more interesting, and competitive, starting… now. Part of the reason why is that exits are about to get more competitive.
Tech Crunch points to a press release that $15 billion hedge fund General Atlantic is backing Jon Miller […]

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Posted By: Ashkan Karbasfrooshan | Aug 31st

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I have no idea who Alan D. Mutter is, but I stumbled onto his site and his post, Print ad sales hit 10-year low, is damning for print media:
After six straight quarters of accelerating declines, newspaper print advertising sales in the first half of this year fell to the lowest level in a […]

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Posted By: Ashkan Karbasfrooshan | Aug 31st

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When Valleywag is not promocking (promoting/mocking) Robert Scoble or Jason Calacanis, it publishes interesting commentary or identifies insightful reads [side note, I think I just invented the term promocking.]
Anyway, today, Valleywag points to Paul Graham’s How Not to Die post where he basically talks about what startups need to do to avoid from dying (shutting down) so […]

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Posted By: Ashkan Karbasfrooshan | Aug 31st

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Jack Welch argued that you should compete in a market so long as you could be #1 or #2 in that market.
Apparently, a lot of current VCs are students of Jack Welch. YouTube is the undisputed king of online video, then the market is fragmented:

I’ll admit this much, I am probably very diplomatic because […]

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Posted By: Ashkan Karbasfrooshan | Aug 30th

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When Benchmark Capital hired Dave Goldberg, a digital media executive and former VP and GM of Yahoo Music, people wondered if the venerable VC who backed eBay would take an interest in financing digital content startups (read Are VCs jumping on Digital Content bandwagon?).
This potential represented an interesting shift because historically, VC firms back technology […]

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Posted By: Ashkan Karbasfrooshan | Aug 30th

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Digital media is the new software, once created, it’s all profit, apparently, I’m not alone in that thinking:
The CNN cable television news network said on Thursday it would stop using the Reuters news service, ending a 27-year relationship, to cut costs and invest in its own news gathering operations.
The global television news network […]

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Posted By: Ashkan Karbasfrooshan | Aug 30th

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First VideoEgg, then MySpace China?
WPP recently bought 24/7 Realmedia (TFSM) to increase its exposure to the Web.  In 2006, Sir Martin Sorrell said that his company’s online unit would double in terms of revenue contribution, from 15% to 30%.
Clearly, to get there, it will take deals and investments.  While WPP outright bought TFSM, it has […]

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Posted By: Ashkan Karbasfrooshan | Aug 30th

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I used to think that the Montreal to NYC and back to Montreal trip in 12 hours or so was rough, but how about the Montreal to San Francisco, then back to Montreal on a red-eye in 24 hours.
Where am I and what day is it?

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Posted By: Ashkan Karbasfrooshan | Aug 30th

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The following is a paper I wrote with a couple of classmates back in 1999, on Long Term Capital Management.  I came across it this weekend. In light of the recent sub-prime credit situation and the capital injections made by banks, I thought it might be interesting to post it. I was 20 when I […]

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Posted By: Ashkan Karbasfrooshan | Aug 28th

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