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Uncategorized

Venture money drying up?

Given the nature of my new business, I slowed down a bit on the elliptical this morning when NPR launched into a report on the impact Bear Stearns is having on venture capital in Silicon Valley.

Toward the end, the reporter asks if the downturn will stifle innovation in Silicon Valley:

“Entrepreneurs who are inside large companies but their personality is more entrepreneurial and they see their company slowing down, that can spur them to say, ‘It’s time for me to go out and start something on my own, cause I’m bored,'” responded venture capitalist David Epstein.

Hmm.

(BTW: Just noticed NPR is using “preroll ads pimping their sponsors in the audio player on their site … not sure if this is new or just new to me, but I found it interesting.)

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Assorted Bob

Feds pop Popcorn …

Looks as if moonshiner Popcorn Sutton is having more problems with the authorities. Also interesting is that Popcorn’s daughter is squaring off with some of his admirers in the comments section of an earlier post I did on Popcorn.

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Uncategorized

Maroon Ventures decloaks …

When I told people I was leaving Scripps, I fielded a lot of questions about what Maroon Ventures is. No, it’s not a cult based in the mountains of Colorado. Here’s the press release we issued today announcing that Wes Jackson, former head of Belo Interative, and I are joining Chris Tippie and Charity Huff in MV. This is going to be a blast …

News Release

February 12, 2008

Maroon Ventures Announces Addition of New Partners from Across the
Local Media Industry

Crested Butte, Colorado – Maroon Ventures, a professional services firm that is playing a key role in helping 21 newspaper companies leverage their relationship with Yahoo! and HotJobs, announced Wednesday the addition of new partners with diverse local media backgrounds.

Wesley A. Jackson and Robert Benz will join existing partners Christopher W. Tippie and Charity J. Huff in Maroon Ventures. The new partners each will be responsible for strategic ventures focused on identifying and building new technology and businesses.

Jackson joins Maroon Ventures after having served as corporate senior vice president for Belo Corp. and president/general manager of Belo Interactive Media. He was responsible for P&L, operations, strategy, national sales and product development for more than 30 Web sites. In addition, Jackson has represented Belo in the newspaper consortium