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Using Blogs To Dispense Venture Capital

prostoalex writes "The New York Times describes how Tim Draper, a founder of Draper Fisher Juvetson venture capital firm, is trying out a new approach to finding the next entrepreneurial superstars. In his Web log (which NYTimes mysteriously never links to, but it's on AlwaysOn-Network), Draper asks the readers to leave the comments with their billion-dollar ideas. The winners of this pitch were selected recently, and just reading the comments with innovative ideas is quite interesting."

3 of 121 comments (clear)

  1. Oh, the irony... by Anonymous Coward · · Score: 5, Funny

    http://www.alwayson-network.com/...

    Heh, heh, heh.

  2. Re:I never got the word "blog." by Anonymous Coward · · Score: 5, Funny

    its short for weblog. But they took the we out because it's usually for "me me me".

  3. My Great Idea... by bfg9000 · · Score: 4, Funny

    ... a website where nerds can get together and read about stuff that matters to them, and people can comment and then others can moderate those--- nah... that'd never work. Who'd actually pay for that? Duh.

    Therefore, my new great idea is the Sex Helmet.

    --

    I'm not normally an irrational zealous dickhead, but I figure "When in Rome..."