Dear Readers,
We have received some attention from the venture community and will be partnering with a few of them to further develop our initial idea.
We will thus move our blog to www.quantitativc.com
Please check it out over there and keep subscribing and commenting.
Thanks again for reading.
Best,
BLD/J
This is fresh off a meeting with the founder of mozat. As predicted on my post a couple of weeks ago, see here I mentioned that they will gain better traction if they secured a big time investor. Well folks, they have, I will not mention names but the VC firm starts with S.
They should after this achieve good traction and a defensible business model. Should I QD them? Let me do this, I will QD them on my next post once their financing has been announced like what I do with the other companies I have QDed. How’s that?
Cheerios for now.
July 9, 2008, 7:00 am
Kleiner’s misadventures in China
A second founding partner of Kleiner Perkins Caufield & Byers’ year-old China Fund has left, this time to work for a competing fund sponsored by a U.S.-based venture firm, Matrix Partners. David Su’s exit follows the departure last year of Joe Zhou, who simply quit after only a few months at Kleiner.
This is getting more than a little embarrassing for the storied Silicon Valley VC firm. In April 2007, Kleiner established its first dedicated fund outside the United States, the $360-million China Fund, run by its newly recruited KPCB China team, dubbed “China Perkins” by Kleiner watchers with a sense of humor. More…
Wow! Didn’t know about the exodus of the initial team. Although I do know David, but I was kinda taken aback why Joe joined the initial TDF team. Now that David left, I don’t know is it because of Joe or is it because of differences with the KPCB core team in the US. Either way, David is well liked by many entrepreneurs in China and he will continue to do well. Will need to track him down and buy him coffee for more scoop, sorry guys…its a secret…tsk tsk.
San Francisco
Twitter Acquires Summize For Search Tech
Twitter Inc., the popular micro-blogging service, has acquired search-technology company Summize Inc.
http://twitter.com
I think this is a smart deal and from the grapevines its about US$15m in cash and stock. I have posted before that we need a smart and predictive search engine for twitter posts, booya they found and bought one. Brilliant move guys! Now please don’t incriminate me because of my thoughts…
Beth Seidenberg
Kleiner Perkins Caufield & Byers
Entrepreneurial Thought Leaders Lecture
Beth Seidenberg, partner at venture firm Kleiner Perkins Caufield & Byers, speaks at length about KPCB’s current areas of interest, and its litmus test for projects worth supporting. Seidenberg also offers a case study of a life sciences firm moving from research lab toward market. See here.
An excellent presentation and discussion about KPCB’s vision forward and also their investment criteria and philosophy. Check out the site above for the video presentation.
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