ROBGO.ORG

February 28, 2011

I have to say, I’m puzzled by the JP Morgan Digital Media Growth Fund. I’ll admit, I don’t know anything aside from what I read in the news. But three things stand out. 1. They are playing in arguably the frothiest part of the market, where valuations are really very high. 2. I don’t see where JP Morgan has real information or relationship advantages vs firms that have done these kinds of deals for a living for a long time – insight, KPCB, Sequoia, etc. So I presume they’ll just pay more in later rounds. 3. I read that JP Morgan doesn’t have any significant skin in the game. Three things that, If true, bode pretty badly for this fund.

  • Author robchogo
  • | Filed under regular

About Me

Coordinates

Subscribe

Recent Posts

NextView Twitter Stream

51015
  • Lee Hower
     - 1 day ago
    @timbartik thanks, I'll check that out
  • Lee Hower
     - 16 hours ago
    Russia bought PBR today. In other news, Russian embassy overwhelmed by asylum seekers from Portland and Williamsburg.
  • Lee Hower
     - 1 day ago
    good read, I used to walk by ENIAC everyday at Penn Engineering - "The Women of ENIAC" by @WalterIsaacson http://t.co/6K0TadMtN3
  • robgo
     - 1 day ago
    Giving Swype keyboard a try. Promising, but not quite faster. Also worried about catastrophic mistakes

Search