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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. Already slashdotted... by illumin8 · · Score: 0, Redundant

    Gee, I guess the Always On network isn't really always on...

    --
    "When the president does it, that means it's not illegal." - Richard M. Nixon
  2. Obligatory by ndavidg · · Score: 0, Redundant

    1. Blog
    2. ?????
    3. Profit!

  3. STUPID JOKES ON MY MARK by Perianwyr+Stormcrow · · Score: 0, Redundant

    3... 2... 1...

    not exactly the "always on" network now, is it?

    OMG CREATIVITY ISN'T DEAD (just sleeping, darling)

    --

    What we call folk wisdom is often no more than a kind of expedient stupidity.-Edward Abbey