The Post Money Value

IMedExchange: Makes Sense to Me

Over at alarm:clock, Jon Burke reported on IMedExchange raising some angel funding.  As Jon reported, this is closed system with only practicing physicians being allowed to participate.  Without making some long tail analogy, the basic premise simply makes sense. All doctors on all aspects of the company. Angels? Doctors. All 40 of them. Board of Advisors? Doctors. All 222 of them.

From a VC perspective this tells me a couple of things. First, 462 practicing physicians think this is a good idea. Not bad.  Secondly, unlike Jon's shock, I do think the CPM for that target can be pretty high.  Let's face it medicine has just a slight twinge of commercialism to it and I personally believe the Drug companies, equipment companies, etc, will pay serious coin to get directly in front of this targeted audience.

I suspect there are several of these highly targeted opportunities out there with a reasonable economic model. It might not be "VC" grade (whatever that means) but the it should be a good business.

Calgoo - How Bad do you Want Free

As you may have read from various sources, Calgoo has dropped the subscription model and is going for the advertising gold by inserting ads in your calendar.  Calgoo, is a calendaring sharing/syncing application which isn't a bad way to deal with lots of calendaring issues we all face.

Personally, my calendar is the last bastion of spam free activity and it is going to stay that way.  Free has it limits and I believe this is one of those limits.  If the product is good and seriously solves my problems, I'll pay for it, thanks.

 

[Disclosure: JLA has an investment in Tungle which plays in the same sandbox.

More on the Blackberry Partners Fund

For those of you interested, I've guest blogged over at www.berryreview.com with a post on the fund.  Thanks to Ronen Halevy for letting me do it.

The Best FAQ in the World

The frequently asked question page on any web site is fairly important since you, hopefully, cut down on the confusion and other issues people could be having with you site and/or service.

Simple concept: I need an email address for a one time validation on some site I want to try and I don't want to give up my personal information.

Simple solution: www.mailinator.com

The FAQ they've done is really excellent. One selection:

So if the government issued a subpeona to Mailinator to divulge emails or logs, you'd rat me out?

Holy crap, yes. I'm not going to jail for you, I have a boyish face and very (very) supple skin.

That said, Mailinator keeps very little for any length of time. Mailinator can be a useful privacy tool.

Privacy is a serious issue, and we want to be clear. We think Mailinator can provide pretty decent privacy, and we want to keep providing that and even improve it, but we can't promise it. A promise like that would require lawyers, money, and probably guns - and since we provide Mailinator for free, we don't have any of those.

Brilliant. You can read it all here.

(Thanks, Matt!)