I had a great chat with Kevin at crackberry.com and did a Podcast with blackberry.com's Simon Sage.
The podcast link is here.
One Snippet I want to call out:
“Personally, I’m hopeful that some developers are going to take a giant step backwards, get in a nice easy chair, put their feet up and say ‘Okay, let’s pretend that we’ve got a blank sheet of paper, and let’s pretend that the device is going to have unlimited bandwidth, unlimited memory, and an amazing, functional keyboard, and be a functional device that people will just love and carry with them everywhere. Armed with that metaphor, what can you do in that world that you can’t do today?’
I make that comment because I’m fine with people coming in the door and bringing yet another location-based service, and yet another better way to do Facebook, and a better new social media “press-this-button-and-all-your-friends-will-know-where-you-are”, and all that other kind of stuff. That’s fine, we can look at those. What I’m really looking for is someone taking a step back and saying ‘Okay, before the internet, eBay was impossible.’ … You have all this infrastructure in there, you have all this high-speed, so now that you have that in place, tell me what you can do now that you couldn’t do before and really blue-sky it. … The real thing to do is, ‘Okay, what can I do that is coming?’"
Special note: Apologies to Matt Murphy of the iFund. I called you Mike in the podcast. Sleep deprived, sorry.
Kevin's Crackberry Interview is located here.
One Snippet from Kevin's post that I want to make sure everybody remember:
"#3 - Sweet Spot: I asked Rick what their sweet spot in terms of investment size is. His response was that they are stage agnostic... they'll fund everything from napkins to IPOs (though IPOs are a pain in the butt!). The sweet spot is in that $2 Million to $5 Million range, but that doesn't mean they won't look at smaller investments. As Rick put it, 3 guys with $100,000 to $150,000 in funding can do some serious damage, so those smaller investments are still something they would fund if they believe an opportunity is there. "
