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mercwiretap

Hi, Joe. I wondered when talking to Relan yesterday how entrepreneurs will react to this. On the one hand, it's certainly better than the 50% stake he was taking before. OTOH, perhaps those earlier terms were part of why YouWeb seeded only a handful of companies.

Thanks for the feedback - Peter Delevett @mercwiretap

Anybody want to talk for a news story?

I cover startups for the Mercury News and SiliconValley.com - I'm working on a story about how the startup ecosystem may have changed, especially for consumer startups, in the year since Facebook's (underwhelming) IPO. I know, for instance, it's a lot tougher to get funding for anything social. Have you had to pivot? Have you seen friends pack up and leave town? I'm reachable at...

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The VC you haven't heard of, but need to know

Andreessen, Greylock, Sequoia, Kleiner, NEA and Khosla were the only VC firms to invest $150M apiece in Silicon Valley last year. Now a guy named Vinny Smith - who sold his company to Dell last fall for $2B - is crashing the party. mercurynews(dot)com/wiretap

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