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	<title>BoomTown &#187; John Doerr</title>
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		<title>New VC Marc Andreessen Speaks About Going to the "Dark Side" and More!</title>
		<link>http://kara.allthingsd.com/20090705/new-vc-marc-andreessen-speaks-about-the-dark-side-and-more/</link>
		<comments>http://kara.allthingsd.com/20090705/new-vc-marc-andreessen-speaks-about-the-dark-side-and-more/#comments</comments>
		<pubDate>Mon, 06 Jul 2009 04:00:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=15407</guid>
		<description><![CDATA[It's finally official: Marc Andreessen has crossed over to what he once called "the dark side" and is now a venture capitalist.

Several weeks ago, BoomTown broke the news that the Silicon Valley legend and serial entrepreneur and his longtime investing partner, Ben Horowitz, had completed the raising of $300 million for a new venture fund.

And, indeed, the new firm--which is made up of just the two--is now launched and called Andreessen Horowitz. 

Of course, I had done a video interview with Andreessen with my Flip.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/02/296211136_2d8651f9be.jpg"><img src="http://kara.allthingsd.com/files/2009/02/296211136_2d8651f9be-199x300.jpg" alt="296211136_2d8651f9be" title="296211136_2d8651f9be" width="199" height="300" class="alignright size-medium wp-image-10058" /></a></p>
<p>It&#8217;s finally official: Marc Andreessen has crossed over to what he once called &#8220;the dark side&#8221; and is now a venture capitalist.</p>
<p>Several weeks ago, <a href="http://kara.allthingsd.com/20090612/andreessen-completes-raising-dough-for-his-300-million-venture-fund-let-the-investing-begin">BoomTown broke the news that the Silicon Valley legend and serial entrepreneur</a> (pictured here) and his longtime investing partner, Ben Horowitz, had completed the raising of $300 million for a new venture fund.</p>
<p>And, indeed, the new firm&#8211;which is made up of just the two of them&#8211;is now launched and called Andreessen Horowitz. It has $50 million over the $250 million the pair had initially planned.</p>
<p>In an interview with me last week, Andreessen said that unlike many VC firms, Andreessen Horowitz will invest in companies at any stage of life&#8211;from early stage to late&#8211;and of any size and in any kind of digital sector.</p>
<p>That will mean about 60 to 80 seed investments, 15 that need following rounds and two to three late-stage companies.</p>
<p>In addition, the firm is able to take large equity stakes in public companies.</p>
<p>&#8220;We are unafraid of investing in 400 people instead of 40 people,&#8221; said Andreessen. &#8220;And we could invest $50,000 to $50,000,000.&#8221;</p>
<p>He noted the new firm would aim for areas the founders were more familiar with, such as the consumer Internet and mobile. </p>
<p>One certainty, though, was that the firm would focus on companies led by tech-savvy founders. </p>
<p>&#8220;We believe in entrepreneurs and those who live and breathe the tech product that they have created,&#8221; said Andreessen.</p>
<p>Andreessen said several major institutional investors&#8211;universities, for example&#8211;have invested large chunks in the fund, while a spate of tech luminaries has put in smaller amounts.</p>
<p>The quick completion of the fund raising, in the midst of a national econalypse, is a good sign. But the reputation of both longtime entrepreneurs seems to have helped.</p>
<p>Andreessen co-founded Netscape&#8211;the iconic browser company that was key to introducing the modern Internet to consumers in Web 1.0&#8211;and a lot of other start-ups.</p>
<p>He has also morphed into a mentor to many Web 2.0 entrepreneurs.</p>
<p>Andreessen made news when he <a href="http://kara.allthingsd.com/20090220/marc-andreessens-new-venture-fund-project-a">announced on the &#8220;Charlie Rose&#8221; television show in February</a> that he was creating the new fund.</p>
<p>&#8220;For the first time in my life, I am crossing over into the dark side,” said Andreessen at the time, in a joke about VCs being like Darth Vader.</p>
<p>Andreessen said he was essentially professionalizing the active angel investing that he and Horowitz had been doing.</p>
<p>Over the last several years, either together or apart, the pair have invested in a large variety of start-ups, such as Twitter, Aliph, Digg, LinkedIn and many more.</p>
<p>Andreessen is on the board of Facebook and an adviser to Twitter too.</p>
<p>Now, as a VC, he is upping the ante. &#8220;It&#8217;s important to have more capital,&#8221; he said. &#8220;Sometimes having a huge checkbook is a great thing.&#8221;</p>
<p>But, more important, he said, was to develop a knack for investing in successful companies with a fearlessness he said he learned from well-known VC John Doerr.</p>
<p>&#8220;John is always swinging for the fences,&#8221; said Andreessen. &#8220;I want to get into a cycle of backing radical ideas.&#8221;</p>
<p>Here&#8217;s a video interview I did with Andreessen about his new venture firm:</p>
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		<title>Kara Visits a Hot, Flat and Crowded Book Party for Tom Friedman</title>
		<link>http://kara.allthingsd.com/20090309/kara-visits-a-hot-flat-and-crowded-book-party-for-tom-friedman/</link>
		<comments>http://kara.allthingsd.com/20090309/kara-visits-a-hot-flat-and-crowded-book-party-for-tom-friedman/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 20:51:41 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<category><![CDATA[Tom Friedman]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=10750</guid>
		<description><![CDATA[Last Friday, BoomTown attended a packed-out book party at the Silicon Valley home of Gary and Laura Lauder in honor of globetrotting pundit Tom Friedman and his latest weighty tome: "Hot, Flat, and Crowded: Why We Need a Green Revolution--And How it Can Renew America."

The New York Times columnist's book is catnip for the smart set--including greentastic VC John Doerr--gathered under a swanky tent on a stunningly beautiful late afternoon, even though Friedman's message was that these kinds of days were pretty much numbered for the human race.

Can Silicon Valley stop dopily Twittering and save the day?]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/hot_flat_and_crowded.jpg"><img src="http://kara.allthingsd.com/files/2009/03/hot_flat_and_crowded-200x300.jpg" alt="hot_flat_and_crowded" title="hot_flat_and_crowded" width="200" height="300" class="alignright size-medium wp-image-10751" /></a></p>
<p>Last Friday, BoomTown attended a packed-out book party at the Silicon Valley home of Gary and Laura Lauder in honor of globetrotting pundit Tom Friedman and his latest weighty tome: <a href="http://www.thomaslfriedman.com/bookshelf/hot-flat-and-crowded">&#8220;Hot, Flat, and Crowded: Why We Need a Green Revolution&#8211;And How it Can Renew America.&#8221;</a></p>
<p>The New York Times columnist&#8217;s book is catnip for the smart set&#8211;including greentastic VC John Doerr&#8211;gathered under a swanky tent on a stunningly beautiful late afternoon, even though Friedman&#8217;s message was that these kinds of days were pretty much numbered for the human race.</p>
<p>Unless, of course, all the big brains in tech figured how to stop the following: overpopulation, too many people on the globe acting like piggy Americans, global &#8220;weirding&#8221; (Friedman&#8217;s more accurate term for warming), petroterrorism, the end to biodiversity and more.</p>
<p>As the old clich&eacute; goes: Other than that, Mrs. Lincoln, how was the play?</p>
<p>Although dire, and making the current economic straits seem like a paper cut, Friedman still managed to paint a picture of hope, ultimately delivering a yes-we-can-innovate speech ender that the crowd of high-achieving geeks loved.</p>
<p>The big question: Can Silicon Valley stop dopily Twittering and save the day?</p>
<p>Here&#8217;s a video interview with Friedman, as well as some snippets from his very well-done speech:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={15052671001}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>They Will Survive&#8211;Silicon Valley Entrepreneurs Talk Downturn!</title>
		<link>http://kara.allthingsd.com/20081030/they-will-survive-silicon-valley-entrepreneurs-talk-downturn/</link>
		<comments>http://kara.allthingsd.com/20081030/they-will-survive-silicon-valley-entrepreneurs-talk-downturn/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 21:32:57 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Google]]></category>
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		<category><![CDATA[Kara Swisher]]></category>
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		<category><![CDATA[Cake]]></category>
		<category><![CDATA[downturn]]></category>
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		<category><![CDATA[Epinions]]></category>
		<category><![CDATA[Gloria Gaynor]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5850</guid>
		<description><![CDATA[Earlier today, BoomTown posted a video of star venture capitalist John Doerr's 10 tips to start-ups for surviving the econalypse that he ticked off at a roundtable in Silicon Valley on Wednesday.

Beside the words of wisdom from the Kleiner Perkins Caufield &#38; Byers partner, I also trolled for advice from the panel of well-known entrepreneurs I moderated at VentureBeat's "How to manage your start-up in the downturn" event.

The message: They will survive! (Cue the disco ball.)]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/10/i_will_survive.jpg"><img src="http://kara.allthingsd.com/files/2008/10/i_will_survive-300x298.jpg" alt="" title="i_will_survive" width="200" height="200" class="alignright size-medium wp-image-5888" /></a></p>
<p>Earlier today, BoomTown posted a video of <a href="http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/">star venture capitalist John Doerr&#8217;s 10 tips</a> to start-ups for surviving the econalypse that he ticked off at a roundtable in Silicon Valley on Wednesday.</p>
<p>Beside the words of wisdom from the Kleiner Perkins Caufield &#038; Byers partner, I also trolled for advice from the panel of well-known entrepreneurs I moderated at VentureBeat&#8217;s &#8220;How to manage your start-up in the downturn&#8221; event.</p>
<p>Thus, here is the i-will-survive take from Jason Calacanis of Mahalo, Toni Schneider, chief executive of Automattic, the company that makes the WordPress blogging software, Nirav Tolia of Web 1.0&#8217;s Epinions and Max Levchin of Slide. </p>
<p><a href="http://kara.allthingsd.com/files/2008/10/i_will_survive_cover_1.jpg"><img src="http://kara.allthingsd.com/files/2008/10/i_will_survive_cover_1-300x300.jpg" alt="" title="i_will_survive_cover_1" width="200" height="200" class="alignleft size-medium wp-image-5889" /></a></p>
<p>As an added bonus, Ram Shriram, one of Google&#8217;s first investors, also weighs in. And, of course, the inevitable blogger Robert Scoble gives his two cents (and also freaks me out once again!).</p>
<p>Here&#8217;s the video of the entrepreneurs, and below it, for your viewing pleasure, two versions of &#8220;I Will Survive&#8221; by Gloria Gaynor (the classic) and Cake (the weirdly good one):</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1886218460}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/10C68Gzd5GM&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/10C68Gzd5GM&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
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		<title>The Entire Video of John Doerr Giving 10 Tips for Start-ups to Avoid the Econalypse</title>
		<link>http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/</link>
		<comments>http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 09:29:59 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<category><![CDATA[Matt Cohler]]></category>
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		<category><![CDATA[Nirav Tolia]]></category>
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		<category><![CDATA[Ron Conway]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5821</guid>
		<description><![CDATA[Here's a video of star VC John Doerr reciting his 10 tips for start-ups to follow in the economic downturn, dispensed at a VentureBeat roundtable event on the downturn yesterday.

And the Kleiner Perkins Caufield &#38; Byers VC didn't need a massive, noisy PowerPoint like Sequoia Capital to make his quick and clear points, which he delivered in four minutes flat.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/10/doerr.jpg"><img src="http://kara.allthingsd.com/files/2008/10/doerr.jpg" alt="" title="doerr" width="150" height="197" class="alignright size-medium wp-image-5829" /></a></p>
<p>Here&#8217;s a video of star VC John Doerr reciting his 10 tips for start-ups to follow in the economic downturn.</p>
<p>Doerr gave out the advice at <a href="http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/">VentureBeat&#8217;s “How to manage your start-up in the downturn” roundtable event</a>, which took place at the Stanford Park Hotel in Palo Alto yesterday morning.</p>
<p>The Kleiner Perkins Caufield &#038; Byers VC got a lot of attention for his list, which he culled from  a survey of 18 of the companies his firm has invested in.</p>
<p>Doerr didn&#8217;t need a massive, noisy PowerPoint like <a href="http://kara.allthingsd.com/20081009/irony-alert-bubble-making-venture-capitalists-start-popping-them/">Sequoia Capital to make his quick and clear points</a>, which he delivered in four minutes flat.</p>
<p>Doerr was on an investors panel with Ram Shriram, one of Google&#8217;s first investors, Ron Conway, Kittu Kolluri of New Enterprise Associates and Matt Cohler of Benchmark Capital.</p>
<p>I moderated the second panel of entrepreneurs, including: Toni Schneider, chief executive of Automattic, the company that makes the WordPress blogging software; Max Levchin of Slide, Jason Calacanis of Mahalo; and Nirav Tolia of Web 1.0&#8217;s Epinions. Video of interviews with them and also Shriram to come later today!</p>
<p>But here&#8217;s Doerr reciting his 10 tips:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1886287075}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>"How To Manage Your Start-Up in the Downturn"? Well, Come to This Event and Find Out!</title>
		<link>http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/</link>
		<comments>http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 00:05:44 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Automattic]]></category>
		<category><![CDATA[Benchmark Partners]]></category>
		<category><![CDATA[downturn]]></category>
		<category><![CDATA[Epinions]]></category>
		<category><![CDATA[event]]></category>
		<category><![CDATA[Jason Calacanis]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[Kittu Kolluri]]></category>
		<category><![CDATA[Kleiner Perkins Caufield & Byers]]></category>
		<category><![CDATA[Mahalo]]></category>
		<category><![CDATA[Matt Cohler]]></category>
		<category><![CDATA[Matt Marshall]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[New Enterprise Associates]]></category>
		<category><![CDATA[Nirav Tolia]]></category>
		<category><![CDATA[O'Melveny & Myers]]></category>
		<category><![CDATA[Ram Shriram]]></category>
		<category><![CDATA[Ron Conway]]></category>
		<category><![CDATA[roundtable]]></category>
		<category><![CDATA[Sam Zucker]]></category>
		<category><![CDATA[Sequoia Capital]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[Toni Schneider]]></category>
		<category><![CDATA[VentureBeat]]></category>
		<category><![CDATA[Web 1.0]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[WordPress]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5764</guid>
		<description><![CDATA[Tomorrow, BoomTown is trying to find a silver lining from a group of entrepreneurs at VentureBeat's "How to manage your start-up in the downturn” roundtable event.

Toni Schneider, chief executive of Automattic will join Max Levchin of Slide, Jason Calacanis of Mahalo, O’Melveny &#38; Myers' Sam Zucker, and Nirav Tolia of Web 1.0's Epinions.

Along with my group, for whom I am planning all sorts of verbal tortures ("Exactly how much do you make?"), there is also a star-studded investors panel.]]></description>
			<content:encoded><![CDATA[<p>Tomorrow, BoomTown is trying to find a silver lining from a group of entrepreneurs at VentureBeat&#8217;s &#8220;How to manage your start-up in the downturn” roundtable event.</p>
<p><a href="http://kara.allthingsd.com/files/2008/10/2794221_sta.jpg"><img src="http://kara.allthingsd.com/files/2008/10/2794221_sta.jpg" alt="" title="2794221_sta" width="250" height="40" class="alignright size-medium wp-image-5765" /></a></p>
<p>It will take place at the Stanford Park Hotel in Palo Alto from 8 a.m. to noon.</p>
<p>Toni Schneider, chief executive of Automattic (the company that makes the WordPress blogging software) will join Max Levchin of Slide, Jason Calacanis of Mahalo, O&#8217;Melveny &#038; Myers&#8217; Sam Zucker, and Nirav Tolia of Web 1.0&#8217;s Epinions.</p>
<p>Along with my group, for whom I am planning all sorts of verbal tortures (&#8221;Exactly how much <em>do</em> you make?&#8221;), there is also a panel of investors, moderated by VentureBeat&#8217;s Matt Marshall, which features: John Doerr of Kleiner Perkins Caufield & Byers; Ram Shriram, one of Google&#8217;s first investors, Ron Conway, Kittu Kolluri of New Enterprise Associates and Matt Cohler of Benchmark Capital.</p>
<p>Oh, it is sure to be a festival of Web 2.0 pondering.</p>
<p>Said Marshall in a <a href="http://venturebeat.com/2008/10/27/latest-addition-to-wednesdays-downturn-roundtable-toni-schneider/">post about the gathering</a>:</p>
<blockquote><p>One goal of this event is to provide context and advice for start-up CEOs and founders facing the recession. We&#8217;ve handpicked the speakers for their remarkable records and experiences in the previous downturn. &#8230;</p>
<p>While the Sequoia [Capital] &#8216;RIP Good Times&#8217; presentation gave a broad overview of the economic problems facing the tech world, it provided mostly a macro analysis, and a general prescription for companies.</p>
<p>Now is the time to take the analysis one step further, and discuss the variety of situations we see among valley investors and their start-ups: How cleantech companies are different from Internet start-ups, and how under certain conditions, a profitable company may actually be poised for aggressive growth, hiring and M&#038;A&#8211;and not necessarily ideal for cost cutting. We intend to explore all of this and more.</p>
<p>Given the fairly predictable &#8216;Silicon Valley is in circle-the-wagons mode&#8217; story line we&#8217;ve been seeing so far in the media, this event is also the Valley’s opportunity to help dispel this myth and explain how the area&#8217;s start-ups are actually quite diverse and that there are a mix of strategies at play.&#8221;</p></blockquote>
<p>The event is sold out, but it will be streamed live. </p>
<p>And, as usual, look for a shaky video report of the roundtable from me later!</p>
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		<title>Yahoo Is Not a Little Black Dress</title>
		<link>http://kara.allthingsd.com/20080326/yahoo-is-not-a-little-black-dress/</link>
		<comments>http://kara.allthingsd.com/20080326/yahoo-is-not-a-little-black-dress/#comments</comments>
		<pubDate>Wed, 26 Mar 2008 09:43:23 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[bid]]></category>
		<category><![CDATA[black dress]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[Katrina Garnett]]></category>
		<category><![CDATA[Mark Mahaney]]></category>
		<category><![CDATA[Meg Whitman]]></category>
		<category><![CDATA[takeover]]></category>
		<category><![CDATA[Web 1.0]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20080326/yahoo-is-not-a-little-black-dress/</guid>
		<description><![CDATA[In the late 1990s, during the height of the bubble of Web 1.0, there was a poolside charity auction at an Industry Standard conference for a variety of items donated by Web luminaries.
A tie from John Doerr, the right to push eBay CEO Meg Whitman in the pool and also the little black dress that [...]]]></description>
			<content:encoded><![CDATA[<p><img src='http://kara.allthingsd.com/files/2008/03/efblack29.jpg' width='190' height='200' alt='blackdress' /></p>
<p>In the late 1990s, during the height of the bubble of Web 1.0, there was a poolside charity auction at an Industry Standard conference for a variety of items donated by Web luminaries.</p>
<p>A tie from John Doerr, the right to push eBay CEO Meg Whitman in the pool and also the little black dress that then-CEO Katrina Garnett of CrossWorlds Software had worn and made famous in a Richard Avedon-shot ad for the company. </p>
<p>I am blanking on the person who bought the dress, but what was most interesting about that item was that the same person kept upping his own price, and went several rounds bidding against himself before winning the prize for a lot of money. </p>
<p>It was amusing at the time, a symbol of a very frothy time indeed. </p>
<p>Today is not that time, so I was a bit perplexed at why Microsoft (MSFT) would top its own bid and raise its $31-per-share offer for Yahoo (YHOO) to $34 a share, <a href="http://digitaldaily.allthingsd.com/20080325/microhoo-34/">as suggested by Citigroup (C) analyst Mark Mahaney yesterday</a>. </p>
<p>There seem to be no other rivals and not much has changed since the software giant made its unsolicited offer at the start of February, except for time passing. </p>
<p>Of course, the only reason to do so then is to get the deal done sooner than later and perhaps the number was a public message to Microsoft CEO Steve Ballmer of that fact (as I said before, I am sure there are plenty of private messages too). </p>
<p><img src='http://kara.allthingsd.com/files/2008/02/money_bag.gif' alt='moneybag' class='alignleft'/></p>
<p>And while I am in the camp that Yahoo, well run, is probably worth a whole lot more (<a href="http://kara.allthingsd.com/20080201/is-microsofts-bid-for-yahoo-too-cheap/">see this post I did at the start of this slog</a>) than even $34&#8211;although perhaps not the $40 that Yahoo claimed last week&#8211;it&#8217;s still a matter of actually getting Microsoft to pay it by bidding against itself. </p>
<p>As I saw back in the roaring &#8217;90s, it could happen. The question is: What will it take to get Microsoft to do it?</p>
<p>My guess if it happens: Sheer boredom and the cost of wasted time during which rival Google (GOOG) keeps chugging along and a distracted Microsoft and Yahoo do not.</p>
<p><em>Please see <a href="http://allthingsd.com/about/kara-swisher/ethics/">this disclosure</a> related to me and Google.</em></p>
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		<title>Kara Visits ECO:nomics</title>
		<link>http://kara.allthingsd.com/20080317/kara-visits-economics/</link>
		<comments>http://kara.allthingsd.com/20080317/kara-visits-economics/#comments</comments>
		<pubDate>Mon, 17 Mar 2008 08:50:55 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Alan Murray]]></category>
		<category><![CDATA[ECO:nomics]]></category>
		<category><![CDATA[environmental]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20080317/kara-visits-economics/</guid>
		<description><![CDATA[Last week, I was in Santa Barbara at the Bacara Resort for The Wall Street Journal&#8217;s ECO:nomics: Creating Environmental Capital conference, which described itself as a &#8220;CEO-level view of the rapidly developing relationship between the environment and the bottom line.&#8221;
Topics that were delved into via interviews were wide-ranging: &#8220;Sales Job: Will Consumers Spend to Go [...]]]></description>
			<content:encoded><![CDATA[<p>Last week, I was in Santa Barbara at the Bacara Resort for The Wall Street Journal&#8217;s <a href="http://www.economics.wsj.com/">ECO:nomics</a>: Creating Environmental Capital conference, which described itself as a &#8220;CEO-level view of the rapidly developing relationship between the environment and the bottom line.&#8221;</p>
<p>Topics that were delved into via interviews were wide-ranging: &#8220;Sales Job: Will Consumers Spend to Go Green?&#8221; with Wal-Mart (WMT) President and CEO H. Lee Scott Jr.; &#8220;Living With Ed: The View From Hollywood&#8221; with Ed Begley Jr.; and &#8220;Green Deals: The Environmental Factor in Corporate Investments&#8221; with VC John Doerr.</p>
<p>I interviewed Doerr, as well The Journal&#8217;s Alan Murray, who was one of ECO:nomics&#8217; hosts, and others for this video:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1459191740}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>Kara Visits Web 2.0 Summit: Day 2</title>
		<link>http://kara.allthingsd.com/20071019/kara-visits-web-20-summit-day-2/</link>
		<comments>http://kara.allthingsd.com/20071019/kara-visits-web-20-summit-day-2/#comments</comments>
		<pubDate>Fri, 19 Oct 2007 08:07:40 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[Joost]]></category>
		<category><![CDATA[Meg Whitman]]></category>
		<category><![CDATA[Mike Volpi]]></category>
		<category><![CDATA[Palace Hotel]]></category>
		<category><![CDATA[Randall Stephenson]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Web 2.0 Summit]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20071019/kara-visits-web-20-summit-day-2/</guid>
		<description><![CDATA[Here&#8217;s some more video from the halls of Web 2.0 Summit, which is taking place this week in San Francisco.
Look to John Paczkowski of Digital Daily for liveblogging from the conference yesterday, which included appearances by Microsoft&#8217;s Steve Ballmer and eBay&#8217;s Meg Whitman.
Today is the final day, with digital bigshots onstage like: AT&#038;T&#8217;s Randall Stephenson, [...]]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s some more video from the halls of <a href="http://www.web2summit.com/">Web 2.0 Summit</a>, which is taking place this week in San Francisco.</p>
<p>Look to <a href="http://digitaldaily.allthingsd.com/">John Paczkowski of Digital Daily</a> for liveblogging from the conference yesterday, which included appearances by Microsoft&#8217;s Steve Ballmer and eBay&#8217;s Meg Whitman.</p>
<p>Today is the final day, with digital bigshots onstage like: AT&#038;T&#8217;s Randall Stephenson, Mike Volpi of Joost and Uber-VC John Doerr.</p>
<p>Of course, most of the action&#8211;as always&#8211;takes place in the halls of the Palace Hotel, where the schmoozing never stops. We hung out for a bit yesterday and asked everyone their thoughts on the latest hot trend and ridiculous hype. Incredibly, the answer to both was Facebook!</p>
<p>Here&#8217;s a video of the scene from Day 2:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1256268740}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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