Perspective, Pontification and Propoganda about Entrepreneurship and Venture Capital, brought to you by David Hornik of August Capital.

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Cardozo Bozo

CC seems to be a wonderful thing for people who write for pleasure or for ad-supported pages. But what about authors of novels or other works where they are supported only by sales?

I like the idea of reducing Copyright to a contract paradigm instead of a statutory one, but I think there needs to be a contractual commercial license to really attract authorship requiring a serious resource commitment.

jordy

What gets me sick is patent law.

Valerie Thompson

What do you think of Creative Commons as the basis for distribution of music tracks? A French startup called Jamendo www.jamendo.com is giving it a try. I'd be interested to hear the VC point of view. Thanks, Valerie

Michael Bannen

Just a guess here, but I see the following evolution for for social networking:

v2.0: Eye balls and page views (all over again)
- "Does your portfolio have a social networking site?"
- "How many page views do you generate?"

v3.0: What can we sell
- Ran out of VC money
- Need to focus on making some so we can raise more
- Glad Google and PayPal exist

v4.0: Who's going to simplify
- Too many sites
- Too similiar functionality
- Who's going to aggregate and simplify?

Think travel search aggregation (SideStep, TravelZoo)
Think job posting aggregation (SimplyHired, Jobster)

v5.0: Whew.
- Fewer big sites
- Few focused sites
- Now that there's money in it, Google and Microsoft looking to eat our lunch

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