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Sticking to your knitting
January 25, 2012Our portfolio company NetMediaEurope didn’t always see things this clearly. In the throes of the post-Lehman media recession, which witnessed plummeting banner ad revenues for B2B media websites globally, NME seriously considered extending its tentacles into the B2C content sector. The idea seemed attractive to the board at the time. With its pan-European footprint of [...]
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SOPA faltering, but this is only round 1
January 20, 2012Wednesday’s blackout by several websites in protest of SOPA undoubtedly pushed the pending SOPA legislation against the ropes. As the NY Times reported, this was a case of grassroots new media beating the old guard. On January 17, only 31 members of the U.S. House of Representatives opposed the legislation, with 80 in support. The [...]
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Going dark tomorrow in protest of SOPA
January 17, 2012This blog is admittedly a small fry, but principles matter. And based on principle and in a show of solidarity with popular websites like Reddit, Minecraft, Craigslist, Wikipedia, and A VC, this blog will join them in going lights out tomorrow in protest of the SOPA legislation currently pending in congress. For more rationale, see: [...]
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NME acquires CBS Interactive Germany
January 9, 2012Today our portfolio company NetMediaEurope announced the acquisition of CBS Interactive’s German subsidiary. I am convinced that this transaction is a win/win arrangement for both buyer and seller. The divestment allows CBSI to focus on its core markets of North America and Asia. For NME, it enables the company to shore up its previously modest [...]