I was a guest on Bloomberg the day that Zynga started trading. It was Friday Dec 16th. On the show I said something approximately like Zynga’s trading today should be a big worry to Facebook shareholders. This is the first time that stock with a massive secondary selling overhang is going public. This problem will […]

I recently wrote a brief post here about the fact the Bullpen has had several exists in less than a year. PE Hub picked up on this thread and asked to do an interview, which Duncan Davidson did a great job with. The full article is here: http://www.pehub.com/146524/with-impressive-returns-bullpen-capital-looks-to-raise-up-to-50-million/ An excerpt or two: Officially launched late […]

We are very exited that Lightbank has joined in the financing of our portfolio company Life Crowd. Life Crowd is an LA based activity oriented networking site. It was founded by my high school classmate Bong Koh. Lightbank is an interesting fund based in Chicago that really likes to invest in companies with local oriented businesses or […]

   I am very excited for the team at Crowd Factory having just been acquired by rapidly growing Marketo. It was reported here on TechCrunch: http://techcrunch.com/2012/04/18/marketo-buys-social-marketing-app-developer-crowd-factory/ I was one of the original investors in CrowdFactory back in 2006. It was formed by good friend Alex Mouldovan who was an early Tribe employee. (We actually met back […]

About this time last year I wrote about a great company I was advising called Condaptive. They were acquired by Millennial Media on May 6 of 2011 for mostly stock compensation. I wrote a little bit about it here: http://bullpencap.com/2011/05/25/condaptive-first-exit-of-the-bullpen-era/ There are a few comments to make now that the MM stock offering has been an opening day […]

We are very excited to be investors in a great company called Tello. This is Joe Beninato’s (the CEO) seventh company. That’s 7 and he has had an amazing track record thus far. You can read about the product launch and the company here: http://venturebeat.com/2012/02/28/tello-series-a-funding/  

I was the guest of Cory Johnson’s today on Bloomberg. I was glad that I was able to make a few points that I am sure Zynga would have liked to have made during the quiet period (about Facebook dependence, Mark Pincus’ management style, manufacturing hits, etc).  I was also to talk about the recent […]

We are very excited that FlashSoft has been acquired by SanDisk. The FlashSoft team has produced some of the most compelling caching software ever written for solid state devices and they were rewarded handsomely for this great technical achievement. Special congrats go out to Ted Sanford CEO. I must tell you how I met Ted. I […]

As many of the readers of this blog know, Bullpen has a unique value proposition in the new venture eco-system. We do the “tweener” rounds after seed but before the big money traditional venture funds come in. Given this unusual spot we have some interesting data to share about the likely Series A Crunch and […]

Being in the VC game now and not a start-up CEO, I am asked to speak at events frequently. If you have seen me speak you will know that I have two really big pet peeves. (1) No, I don’t want to see your demo. I really want to know: – Who you are? – Why […]