... not only is the video very, very cool, but people's reaction to it is hugely enthusiastic ("don't go!"). It's hard enough to make your message heard these days with all the ad venues, but this resonates with people. It makes them feel good when things are bleak, gives them a collective experience to talk about for months and gets the brand message across. This is not about selling you something, it's about making T-Mobile your first choice when you are ready to buy.
The followup sing along in Trafalgar Square is equally brilliant. Bravo, well do. The ad agency earned it's money and more. Awesome, I watched it twice.
... I've recently thought that starting a bank would be a good business in the current economy, partially because of the dynamics you discuss, but also because people don't trust bankers.
There's a remarkable story about the guy who started Bank of America. One of the interesting points is how, after the 1906 San Francisco earthquake, he put a stall out on the docks and just started lending money to people to rebuild and buy building supplies. That's the attitude we need now.
Another interesting development is the Lending Club. The founder told me that they have never done better, which is not really surprising given the current lack of lending....
... it's not about laws but about instructions given to state bodies by ministers and ministries. So, all the administrative regs that are rarely formally published.
The sarcastic comment in the the French post suggests that bureaucrats have four months to gather and sort all the administrative orders ever issued.
The other part of the post mentions how this is a blow to administrative secrecy and how everything needs to be public, able to be examined and findable.
... rumors that this has already happened at one or two firms. Because it's always the same names popping up, it wouldn't surprise me if this was the case.
I'm also heard from some VC friends that LPs are asking for delays in capital calls until next quarter. Ironically, this seems to have made VCs more desperate to find good investments...
Actually, I can categorically say that's not true. I have a lot of clients, some of them very well known, that have done extensive audits to make sure this is not the case.
Re: Re: Re: Venture Capital After the Dot Com Bubble Pop
VC funds have a 5-10 year lifecycle, and fundraising is often synchronous (e.g. many firms are out looking for money at the same time). It is almost never done on a yearly basis.
2008 was a year a lot of funds were raising money, and 20 new funds were created in Q2 alone, and VCs raised record levels. Any institutional or other investor that has been around a while knows that a downturn is the best time to invest in startups, but the timing of a downturn might countercyclical to VCs fund raising cycles.
In the current downturn, VC fund raising was coincidental, but the sill managed to raise record amounts.
On the post: NY Times Discovers That Advertising Is Content; Content Is Advertising
This works are so many levels...
The followup sing along in Trafalgar Square is equally brilliant. Bravo, well do. The ad agency earned it's money and more. Awesome, I watched it twice.
Chris.
On the post: Building Good Banks Instead Of Bad Banks
Starting a bank...
There's a remarkable story about the guy who started Bank of America. One of the interesting points is how, after the 1906 San Francisco earthquake, he put a stall out on the docks and just started lending money to people to rebuild and buy building supplies. That's the attitude we need now.
Another interesting development is the Lending Club. The founder told me that they have never done better, which is not really surprising given the current lack of lending....
On the post: France Requires Online Publication Of Certain Laws To Be Valid
As far as I read it...
The sarcastic comment in the the French post suggests that bureaucrats have four months to gather and sort all the administrative orders ever issued.
The other part of the post mentions how this is a blow to administrative secrecy and how everything needs to be public, able to be examined and findable.
HTH,
Chris.
On the post: Are Venture Investors Not Meeting Their Capital Calls?
I've actually heard....
I'm also heard from some VC friends that LPs are asking for delays in capital calls until next quarter. Ironically, this seems to have made VCs more desperate to find good investments...
Chris.
On the post: When We Said We Were In Favor Of Open Source Voting, This Isn't What We Meant
Re: SOP
Chris.
On the post: The Risk To Venture Capital And Startups From The Financial Crisis
Re: Re: Re: Venture Capital After the Dot Com Bubble Pop
2008 was a year a lot of funds were raising money, and 20 new funds were created in Q2 alone, and VCs raised record levels. Any institutional or other investor that has been around a while knows that a downturn is the best time to invest in startups, but the timing of a downturn might countercyclical to VCs fund raising cycles.
In the current downturn, VC fund raising was coincidental, but the sill managed to raise record amounts.
Chris.
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