I am sitting at a panel at Web 2.0 at SFO.
Mike Arrington is the moderator, panel is full of VCs, Jeff Clavier of SofTech, Mike Eisenberg of Benchmark, Josh Koplman of First Round Capital, David Hornik of August Capital and Chris Moore of Redpoint Ventures.
This is one of the very select panels I decided to attend trusting Mike Arrington and he has not let me down :-))
I've sat thru VC panels at so many panels in past conferences and THIS IS THE BEST!!!
Updated: Video of the panel is here. Its a here and we are riding high with more web.20 ideas not bubble 2.0 yet!
Mike Arrington has nailed it well that startups are able to start and grow with little money (200 to 500K) which is led by smaller fund of $300Mil and the rest of larger VCs have to scramble to get into the deal for companies in second rounds.
The VCs are talking about value-add, and saying everything is hunky dory.
I am impressed that Mike Arrington has lived up to his self-earned special space in Web 2.0 world, as the absolute subject expert on the web 2.0 startup world, bringing in good data to substantiate his questions.
An interesting point I heard from Dave Hornick is that VCs are avoiding Bubble 2.0 by building incentive to build real businessed. Hmm! Would love to learn more about this an check this out!
I'll post a video of select portions of this panel later.
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