- 2lmc spool – recent entries
Mentioned mainly for the admission from Jonathan Rentzsch that he still uses Claris Emailer 2 (in Classic) as his email client.
Turnbull: I can see that. I’ve had my own moans about email clients recently.
Rentzsch: Yeah, most of the geeks are email-client-unhappy these days.
I still love Eudora, but I might need to start using IMAP at some point, and that seems to mean using the often-wonky Apple Mail or the not-Macish Thunderbird. Bah.
I’m sooo waiting for Eudora to have some sort of sensible upgrade – to Cocoa? There’s a rumour.
Fascinating blog design: reads like an IRC chat; took me ages to realise that it was posts and comments. Interesting comments about UK press too.
- Feld Thoughts
Forget about the TAR stuff (trust / attention / relevance) for a second – there is a huge content imbalance when everyone is writing about the same thing. There was a very large and interesting deal done on Monday last week that arguably has much greater importance to the structure of the tech / media business than Yahoo / del.icio.us and it had extremely little coverage by the tech bloggers. Can you name that deal?
Liberty Media acquired Provide Commerce for $477 million (PRVD was public – $33.30 / share – 50% valuation increase in the past 60 days). Now, maybe I’m more sensitized to PRVD and L since they are both Colorado related company (L is headquartered here, PRVD is headquarter in San Diego, but the founder and good friend Jared Polis is based in Boulder.) This is Jared’s second monster win – his first was the sale of BlueMountainArts.com to Excite in 1999 for around $800 million. Oh – and he had other successes like the sale of AIS to Exodus in 1995.
A venture capitalist fails to understand why we don’t get excited about Liberty Media (who? say all the Britons) buying an Aussie ISP, when it’s for MORE MONEY than Yahoo buying delicious. Simple – Yahoo’s purchase could have webwide impact; I’m pretty sure Liberty Media isn’t going to affect my day-to-day life online. It’s like that for a lot of VCs: if they don’t see big dollars, they don’t see big effects. That’s OK; it gives the rest of us plenty of room to get stuff done.
Update: Brad Feld comments (in the comments..) that I’ve missed his point; he was commenting on this deal, of Provide and Liberty. Though Liberty Media still leaves me cold, britanically speaking..
- “Let the Good Times Roll” by Guy Kawasaki: The 10/20/30 Rule of PowerPoint
Ten is the optimal number of slides in a PowerPoint presentation because a normal human being cannot comprehend more than ten concepts in a meeting—and venture capitalists are very normal. (The only difference between you and venture capitalist is that he is getting paid to gamble with someone else’s money). If you must use more than ten slides to explain your business, you probably don’t have a business. The ten topics that a venture capitalist cares about are:
2. Your solution
3. Business model
4. Underlying magic/technology
5. Marketing and sales
8. Projections and milestones
9. Status and timeline
10. Summary and call to action
You should give your ten slides in twenty minutes. Sure, you have an hour time slot, but you’re using a Windows laptop, so it will take forty minutes to make it work with the projector. Even if setup goes perfectly, people will arrive late and have to leave early. In a perfect world, you give your pitch in twenty minutes, and you have forty minutes left for discussion.
Brilliant exposition. Lord, if only every presentation I’ve seen was 10 slides… and as for the point about the projector, he’s dead on.