I recently was invited to a private dinner and poker event, involving some VCs and entrepreneurs. The organizer likes to keep it quiet. It was a really fun event at Catalyst, one of the new restaurants in Cambridge, and I was glad to find some fellow Bourbon drinkers at my table. Also, I think I
Author: Jo Tango
6 Months of Blogging: My Thoughts
I started blogging in February on a lark. I read a bio on Steve Jobs and thought it would be a great idea to leave behind a record for my children, once I’ve passed. Frankly, I wasn’t sure if it was “good for business” as a VC, but it was worth a shot. In fact,
The New, New VC Firms
Yesterday, I connected with two folks, who wanted fundraising advice. Each is making plans to start his own VC fund. Today, a friend of mine just announced that he is doing the same. I know of a number of others fundraising currently for small one-person/two-people firms. I’m sure there are quite a few others out
Mobile Apps Don’t Pay
Mobile is “hot” again. I have been meeting with a lot of entrepreneurs in the space. Very few are making money. The average paid mobile app earns only five dollars a month. Yesterday, I met with an entrepreneur who has an app in the top 20% in the App Store. He makes about $1200 a
Culture, Money and the Red Sox
The Red Sox are an interesting test case. Last year they were called the most talented team in baseball. Starting in September they imploded and now they’re barely winning half their games. How did this happen? Two managers later they still are not able to figure it out. The team is in a funk. I
A VC’s View on Charitable Giving
Edit: We now do this as a family unit. Our children can propose gifts, and the entire family must OK them. It’s been fun! I think it’s important to give. With Government slashing social programs, I think we should all consider giving more. So, I thought I’d try and explain what my wife and I