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

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  • Lee Hower
     - 2 days ago
    If it's a bubble, why does it feel so damn hard? By my partner @robgo http://t.co/6vTEPi4r59
  • Rob Go
     - 3 days ago
    Quick post: If This Is A Bubble, Why Does It Feel So Damn Hard? http://t.co/wQmTRRTSQC
  • Rob Go
     - 3 days ago
    @gregbettinelli what planet are you on?
  • Rob Go
     - 3 days ago
    My friends have gotten really into Line. Now we are just communicating like teenage girls
  • Rob Go
     - 3 days ago
    @schlaf @tinybop cool, just bought for my girls. Although I can't seem to get them to shake their candy crush addiction :)

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