February 29, 2008
This isn’t a new site, but it’s something that every entrepreneur and wannabe entrepreneur should read. The advice is great, the writing is fun, and while it’s may not answer 100% of your questions, it will answer a lot of them.
http://venturehacks.com/term-sheet-hacks
Another great article from ReadWriteWeb.
I tend to believe that technology amplifies humanity, human interaction, and human behavior. I don’t think it trends one way or another. Rather I believe it gives us greater potential for both good and bad.
http://www.readwriteweb.com/archives/is_web_technology_making_your_life_better.php .
An interesting video. Check out this video on YouTube:
http://www.youtube.com/watch?v=qU1fixMAObI .
A must read regarding this new online advertising economy we are in. If you are building a web based consumer service this is something you need to know.
http://www.wired.com/techbiz/it/magazine/16-03/ff_free?currentPage=all
This is a great article about startups and monetization of services in the new advertising and sponsorship based ecosystem of online consumer apps, services, and content.
With advertising becoming the primary business model of the online economy it is critical that we as investors and entrepreneurs understand the advertising business model.
Its a very hard road. It takes a large network of eyes to make money advertising. Or, it takes a highly valuable targeted demographic of eyes. And even then, you must be savvy enough to draw in the advertisers and maximize the opportunity.
On a side note, this is the first post from my iPhone!
http://watchmojo.com/web/blog/index.php/2008/02/20/why-most-vc-backed-ad-supported-companies-are-doomed-to-fail/