Launching Social Crowd Ventures and its first application Justbought.it
A few weeks ago I published my thoughts about application studios on this blog and today I am happy to announce the launch of new app studio, Vancouver-based Social Crowd Ventures. Social Crowd Ventures is a joint project between W Media and Adarsh Pallian, the very talented developer behind chart.ly and Tweetizen, and plans to […]
Thoughts on the “studio-ization” of the application business
2 years after its launch the Facebook platform can almost be considered mature and the new belle in application town is Twitter (with apparently already over 11K applications). Due to the very low barriers to entry both platforms have become very crowded in a short period of time so it is time to ask the […]
Yapta: first investment in Seattle, third in the travel space
As already announced last week, Seattle-based Yapta just closed a $2 million Series B led by Voyager Capital and I am very happy to announce that W Media participated in this round. Yapta is a online travel shopping service that monitors airfare and hotel prices for travelers. Led by CEO Tom Romary, the company has […]
PinchMedia – first investment in the mobile space
W Media Ventures has so far shied away from investments in the mobile space, partly because of a lack of exciting opportunities but most importantly because the sector has lacked a few attributes that the Internet provides: multiple monetization opportunities (business models in the mobile space were until recently mostly controlled by carriers) and an […]
The power of social media or “How Michael got a job through commenting on a blog”
Today, Michael Yurechko started working for Carrie & Danielle. How Michael got to the company? He commented on Fred Wilson’s blog on a post that was discussing if you need a college degree to be an entrepreneur, Fred connected him to me as Michael is from Vancouver, I met with Michael, liked him and offered […]