Showing posts with label 500 Hats. Show all posts
Showing posts with label 500 Hats. Show all posts

Monday, November 01, 2010

Dave McClure: Super Angel: Foulmouth

Master Of 500 Hats: July 2010: MoneyBall for Startups: Invest BEFORE Product/Market Fit, Double-Down AFTER.
Super Angels are a recent enough phenomenon that even Paul Graham only very recently wrote about it. There used to be angels and venture capitalists. Super angels have wedged themselves between the two, supposedly wanting to threaten both. Super angels are not your rich uncles, they are not family and friends, they have millions of dollars that they themselves raised, but they are not VCs. They pay way more attention to you than VCs can, they are agile, they have way more money than the traditional angels, and in many cases they are out to make quick money. They are not looking for the next Google, they are looking for the next company Google will buy.

Facebook Alternative? Dave McClure Is Full Of It

I am not thinking in terms of a Facebook alternative any more than I am thinking in terms of a Google alterntive, or an alternative to the high end giant Apple. These are stellar companies. Although I do think social is a pendulum swing. Just like social came after search, social is not the final word. There will be a paradigm shift of some sort in a few years. Facebook will also become a giant that no longer occupies the buzz center.

But that is not what Dave McClure is saying. He is talking in terms of an alternative to Facebook itself, another social network that is not Facebook, that is not Twitter. I don't agree, I think Facebook has got the social right, and it keeps innovating the way only having a founder CEO in the driver's seat ensures.
500 Hats: How to Take Down Facebook -- Hint: It Ain't Twitter. (aka: An Open Letter to the Next Big Social Network): Facebook has firmly fixed itself into the fundamental fabric of our friends & families