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    The New York Times has an article this week about the increasing popularity of the iPad in US schools. It’s still a just a fledgling market, but the initial data is reasonably promising. For example, New York City has already spent $1.3 million on iPads. Other school districts in Chicago, Virginia, California, Arizona, North Carolina […]

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    Nearly 16 years ago eBay was born. It was a crazy, yet simple idea – to create a marketplace for regular people to connect with other regular people and sell their unwanted stuff. No longer would you be limited to the small handful of people that showed up to your Sunday driveway sale. Instead you […]

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  • 06/13/11--13:56: Fundraising milestones
  • At Shasta our sweet spot is investing in series A companies, but we’ll also invest in seed stage companies and also in series B companies. Because we invest across various stages I’m often asked by entrepreneurs about the differences between these various financing rounds. Many investors define these differences in terms of round sizes or […]

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  • 06/17/11--11:33: IPO pricing
  • A few weeks ago there was a decent amount of talk in the blogosphere about how the LinkedIn IPO was underpriced by its investment bankers. Henry Blodget was one of the loudest sounding the alarm bells. LinkedIn was screwed out of $175 million dollars! His assertion? The investment bankers intentionally priced the IPO well below where […]

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  • 06/21/11--08:27: WTF Yahoo?
  • Statement of the obvious: landing page optimization is important. Online marketing 101, right? You’d think so, but apparently not if you’re Yahoo. I was blatantly reminded of this yesterday when I clicked through on a Yahoo email trying to get me to sign up for their daily deals email. The email itself wasn’t that horrible […]

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    At Shasta we are big believers in the importance of providing your customers an amazing experience. You can have the best technology algorithms, you can have a great customer acquisition marketing team, and you can have big partners distributing your product, but none of that is likely to matter in the long-term if your product […]

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    Two weeks ago when news first surfaced that Yahoo was threatening legal action against Facebook I tweeted: As a former Yahoo I’m saddened to see the patent threat at Facebook. Ideas are a dime a dozen. Execution wins. Fast forward to today, the lawsuit is now official, the blogosphere is buzzing about it, and my […]

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    The floriculture market (a.k.a., the flower market) is a massive $35Bn per year industry. Flowers brighten our day and brighten our homes. They turn a drab office into a warm and welcoming space. We buy them for special occasions and we buy them just because. We buy them for ourselves and we buy them for […]

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  • 02/21/13--12:00: Mobile and Online Commerce
  • Sarah Lacy of PandoDaily recently published an interesting series of videos featuring CEOs from leading commerce companies like OneKingsLane, Warby Parker and BirchBox. The video is broken out into a series of posts (part 1, 2, 3, 4, 5). In the video they discuss a number of topics mostly focused on what will separate the […]

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    For most local merchants payment processing is a necessary evil. Without it they cannot accept credit cards, but beyond that convenience, they get little else in return for the 2-3% of revenue they give up. They get churn and burn sales reps constantly knocking on their doors over-promising and under-delivering. They get convoluted and impossible-to-understand […]

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