- Stage agnostic. Goal be in the interesting company.
A dozen companies produce all the value in venture each year. Find them. Investments for angel to growth. @jeff_jordan #sxebay2vc- Employee 200 at eBay. Love ecommerce, mobile. I'm the consumer guy at Andersseen.
Ready to hear from Jeff Jordon - his path includes Disney, eBay and OpenTable! #sxebay2vc- Pinterest. First is a beautiful thing. Real world discovery. It's all about engagement. Facebook is an accelerator for discovery of new companies.
Pinterest is an American phenomenon, vs. Tech/edgy platform. Social combined with real-world discovery captures everyone. #sxebaytovc #sxsw- Engagement metrics: Pinterest only comparable to Facebook. How do you build something people obsess over? #sxebay2vc
- Manufacturing seredenpity.
The business of social discovery is all about managing serendipity says Jeff Jordan #SXeBaytoVC #sxswi- @Highlight good/bad? 20% of folks here downloaded, feedback that kills batteries. #sxebay2vc
- Lots of buzz around social discovery apps like Circle & Highlight, although battery drain (& finding value) may be deal-killers. #sxebaytovc
- Pivot is more the rule than the exception.
The computer is just an e-mail device. Mobile has a better form factor for everything else. #sxebay2vc @jeff_jordan- Collaborative consumption: AirBnB is not only growing, but half my friends used it to find lodging for #sxsw #sxebaytovc
- Trending area I like, market place, mobile, Fun part of the job, creativity.
- Really important to get an intro. You need to differentiate yourself from the clutter. Metrics help. We have 7B to invest. But it's a ruthless process.
- Differentiate yourself for VC: get an intro, have metrics. 1600 deals seen last yr, 25 checks written. @jeff_jordan #sxebay2vc
- Seed valuations have gone up significantly. We participate now in TC automatic funding program.
Monetization metrics not key during first VC discussion, some path to revenue fine @jeff_jordan #sxebay2vc- Don't go global, it has to work somewhere first, unless business is inherently global like Skype.
- Interesting question, is there a new consciousness for no free lunch?
- @xdamman listening to J. Jordan lessons. From eBay to VC instagr.am/p/ICpKovkS1I/
xdamman
Xavier Damman
Passionate web entrepreneur/developer with values and ideals. Cofounder/CEO of Storify.
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