vc bloggers united

Filed in archive Venture Capital

The Venture Capital Journal has takes on the 'Blogging VC' species:

"Now there are a dozen or so venture-related blogs, including those written by Steve Jurvetson of Draper Fisher Jurvetson, Jeff Nolan of SAP Ventures, Ed Sim of Dawntreader Ventures, and Martin Tobias of Ignition Partners. (See "Inside Bloggers' Brains," pages 27 & 29.)

The Consensus among that group is that blogging represents a leap forward for the venture profession. They say that venture blogs help to shed light on some of the more arcane aspects of the industry, thus providing entrepreneurs and others a rare glimpse into how things really work. This, say VCs, is a very good thing because it demystifies the profession by providing insights into everything from how deals are structured, to what entrepreneurs should look for in a VC, to the finer points of "exploding term sheets" and liquidation preferences. Beyond that, VCs say posting their thoughts also helps with deal flow. That's because if you write a posting explaining what you like or don't like about, say, nanotechnology, there is a much higher likelihood of gaining the attention of serious people in the space and actually being introduced to some decent business plans."