I am still a little uncertain why the news didn’t cause a bigger stir in the financial press or tech blogosphere. Maybe it’s the time of year. August market doldrums, end of summer languor. But last Thursday, Salesforce.com reported that it had crushed its numbers for its Second Fiscal Quarter ending in July. And not just in terms of one or two key financial reporting items. No, the company had exceeded consensus expectations for nearly every major financial metric.
August 27, 2009
June 20, 2009
Web 3.0, Why VCs Should Care, and What We Will Find There
Not long ago, John D. Sutter posted a little piece on CNN’s SciTechBlog entitled “What is Web 3.0, and Should You Care?” In the post, TechCrunch’s MG Segler is described has holding the view that “Web 3.0 isn’t worth defining yet because the next phase of the Internet won’t come until the economic recession lifts and investors start pushing cash back into tech companies.”
While reporter-bloggers can be excused, or perhaps even complimented, for punting on a question like this, I don’t believe that active VCs are afforded the same luxury. (more…)
