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The Opening

A VC: Musings of a VC in NYC

I’ve always thought the opening would be at the intersection of gaming, online communities, and social networks. So the existing incumbents are the defensive line. And they are not taking on any of the incumbents directly. And there is running room. The defensive backs are on the other side of the field. PartyBid is cool.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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Expeto, a startup selling tools to manage private cellular networks, raises $13M

TechCrunch

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). But that hasn’t stopped new ventures from cropping up to challenge the incumbents.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

If I was to guess, the demographics of people pitching me are reflective of two things—what my own network looks like and what my portfolio looks like. First is network bias. We’ve seen studies on how men and women get asked different questions, but I also think it’s incumbent upon all founders to control the conversation.

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Why Hulu is the OPEC of Online Video

Both Sides of the Table

I have always loved watching videos there but always believed that any company controlled by a consortia of interests would be doomed in the long run – especially by established, large incumbents with an interest in protecting the past more than innovating the future.

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Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

Tomasz Tunguz

” Internet hegemons have decimated entire spaces: social networks, advertising technology, video streaming and rental, paid email, infrastructure. Their economies of scale and network effects mount significant barriers to competition. A social network rewards its most valuable users in the coin of the realm.

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Revolution co-founder talks Living Social, ZipCar, Steve Case & GroupOn Super Bowl Ads

Both Sides of the Table

We look at huge markets where there are large incumbents that might not be incented to innovate or react to what they perceive as an insurgent. It had the audience, the people, the network, everything! The networks seem to be emphatic about monetization for the present. I run Revolution’s VC investments.

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