Well, then.
An even 6-month absence from the blogosphere, if twittering and tumblr don’t count. The blog’s name is not for nothing, after all. It takes a lot of energy to stumble one’s way through the world of Silicon Valley start-ups and when a day is over, there’s hardly the energy or the coherent thought to put down on screen.
That having been said, these six months haven’t exactly been uneventful — including a crash course introduction to some of the luminaries on Sandhill Rd, and an equally quick lesson in why that was REALLY not the path to take at this point.
Still, watching Tim Draper rule a meeting without running it and rubbing up against some seriously bright people at places like Mayfield, Opus, BV Capital and others, was a humbling experience. Being in the presence of our own angel investors, on the other hand, was empowering. Nice to see I wasn’t the only one dumbstruck to be in conversations where figures in the hundreds of millions of dollars are bandied about and you’re thinking ‘Oh, shit, what have we gotten ourselves into?” We never actually made a pitch to them, so, unfortunately, I’ll likely never know what numbers that high actually do mean.
Feet more or less firmly back on Earth, we have since turned our attention to stealthily developing some, hopefully interesting, Web 2.0/3.0 news products at our little company. Like many Web 2.0 bubble children, our dreams of going the B2C route and monetizing great apps with Facebook-size audiences (OK, make that Slide-size audiences) have long since evaporated. Hell, even Slide isn’t making much money with their multimillion user base.
So it looks like we’re headed back to B2B. A shame in some ways, no chance for the thrill of watching those user numbers climb and waking up each morning wondering if just maybe your latest app finally went viral overnight. But it’s a business we know well, one we’ve been up to our necks in for a couple of decades in other circumstances and, as our new biz dev consultant assures us, there are some ‘quick wins’ awaiting us. If true, that should lower some of the heat our angels have been showering on us of late.
Comes with a price, though. She (the consultant) has also spotted the wounded calf in our herd and it’s just a matter of time (and not much of that) until we’ll have to commit the first firing of our 10-month company life. Not looking forward to that day. Not at all.