#venture capital

When you see plane crash footage, you can’t help but think about dying in a plane crash. And when you have friends who are VCs, you can’t help but think about how you’d do as a VC. But I think I’m happier doing what I do now.

Techmeme founder Gabe Rivera, when asked by Megan Rose Dickey if he ever wants to be a VC.

Overall, good interview about how Techmeme works and were it may be headed.

Tim Wu:

It’s easy to look back at a year of films and say that only the good films should have been made, but that’s like saying that venture capitalists should fund only the Twitters and Googles and not bother with anyone else. It just doesn’t work that way.

To fortify her argument, Dargis points out that many of the best films of 2013 were released by studios or affiliates. But just where does studio talent actually come from? When you look carefully, many of the Hollywood directors who make great films or TV shows got started with long-shot films at Sundance or other film festivals. A short and incomplete list from Sundance alone includes Quentin Tarantino, Darren Aronofsky, Kevin Smith, Kelly Reichardt, Lisa Cholodenko, Noah Baumbach, Nicole Holofcener, Wes Anderson, Christopher Nolan, Steven Soderbergh, Greg Mottola, Richard Linklater, Todd Haynes, and Jim Jarmusch. Who among these remains undiscovered in a world of “fewer films”?

It’s pretty crazy how many of the best filmmakers were discovered in the film festival circuit. Anyone who thinks there should be fewer independent films is insane. There should (and there will) be more.

On To Google Ventures

It was almost exactly 19 months ago that I laid down the proverbial writer’s pen and picked up the less proverbial pen for writing checks. It has been an amazing experience getting a fund up and running, learning, and ultimately, making a lot of wonderful investments. I’ve enjoyed it so much that I’ve decided to dive deeper by joining Google Ventures as a general partner.

Just as I took my time in deciding to switch careers a year-and-a-half ago, I’ve been talking with the Google Ventures team for a few months now. After getting to know the partners and hearing the vision for the fund laid out by managing partner Bill Maris, it became clear that this would ultimately be a perfect fit.

Google Ventures sits in a truly unique space within the venture capital industry. They have the resources to make investments at any stage, but more importantly, they have the talent and knowledge required to do so. The partnership is brimming with experience when it comes to starting companies, building products, and scaling. 

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My buddy Jacob Mullins, a VC at Shasta Ventures, launched his own first (well, technically second) startup, Exitround. When I first heard the idea a few weeks back, I immediately knew it was a good one coming at perhaps the perfect time.

Series A funding isn’t exactly matching the massive upswing in seed funding in the past year-plus (the so-called “Series A Crunch” — which I would consider natural, and healthy). At the same time, there are a group of voracious would-be acquirers, buoyed by the rebounding economy, out there hungry for talent.

Hand, meet glove.

On The Next Venture

I’ve been thinking about how I was going to write this post for a while now. Of course, I didn’t anticipate that I would be writing at 2 AM local time in London, where I’m currently visiting to speak at FOWA in a couple of days (that talk also just got potentially much more interesting).

Stuff happens. Fortunately, sometimes, so does jetlag. 

Enough with burying the lede: yes, I’m becoming a VC. I couldn’t be happier to announce that I’m joining CrunchFund as a general partner. It’s my honor to join Mike and Pat in that role. And I thank them for the opportunity. 

Before I say anything else, I should also make something clear: as Erick states in his post, while the timing of this announcement may seem a bit odd given the recent drama involving AOL and TechCrunch and well, CrunchFund, this move has been a long time in the making for me.

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