Back when I first started in the venture capital business at the end of Web 1.0, it was de rigueur to have a plan showing at least $100 million in revenue by year five. It was always on that slide in the powerpoint deck that went by quickly, because everyone had one…

When I joined First Round Capital a few months ago, I discovered that the term “Web 2.0” had affected me personally. The notion generated by Dale Dougherty that become a conference and was subsequently morphed into a class of companies was now a type of venture…

First Round Capital is looking for a Venture Analyst to help us build and manage our growing portfolio of companies. If you or someone you know fits the profile, take a look at the job description. Send an email to jobs <at> firstround <dot> com with your CV…

I had a meeting this morning at the Web 2.0 “Sumference” with someone who lives in the East Bay. (For those unfamiliar with the geography of the Bay Area, to get from the East Bay to San Francisco generally requires traversing a bridge.)