Website that helps startups and angels connect. Haven't used it myself. Looks like there is significant deal flow moving through the site.

Quoted: We help match angel investors and entrepreneurs. Post your business plan or video, and download free sample plans and find valuable investor information.

Andy Sack and Chris Devore (both of Judy's Book) have created a $2M fund and co-working space for new internet founders. Very nice idea. I like the investment tie they are making between founders in the fund to get a pool of equity in each other's companies (I talked about doing this last year - but these guys are actually putting $ behind it).

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Has Cramer responded to his exceedingly bad advice to hold on to Bear Stearns last week?

Next Keiretsu meeting - Thursday 7:30am - 11:30am

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Almost as good as "White and Nerdy". Must-see for Web 2.0 entrepreneurs.

Presumably confidential Yahoo document analyzing the business case for acquisition of FaceBook for $1.6B.

Interesting bits:
- Pretty low CPM now - $0.25 in 2005, and $0.42 in 2006
- Assumption that direct ad sales will dominate revenue with over $16 CPM and 37% of ad inventory (by 2015).
- 6.2 million users now - projecting to grow to 52 million in 2015 (60% of available market), including 15 million alumni.

I was quoted in a Web 2.0 business model article on CNET (by Martin LaMonica).

Quoted: Mike Koss, a former Microsoft executive and angel investor, earlier this year joined Seattle-area start-up BlueDot, a site that allows people to share Web bookmarks--a product area that already has many alternatives, including Delicious, which was bought by Yahoo.
...
Koss is optimistic that people's desire to share Web content--one of the ideas behind the Web 2.0 model--will create room for large companies with scalable technology.
...
But the company is not taking a "if you build it, they will come" attitude, he said. It introduced Web advertising earlier this year to test its business model, which hinges on gathering data on users' interest for advertisers.
...
"A lot of Web 2.0 companies are ignoring the revenue model completely now. The VCs (venture capitalists) are telling them to get the eyeballs and we'll figure out how to monetize later," Koss said. "We hope to pitch to VCs that we really understand the business model."

Nintendo stock is going crazy in anticipation of Wii and strength of DS. Traded on the Nikkei, US investors can invest in the Nintedno ADR as a proxy (symbol NTDOY).

Quoted: NTDOY

Suequoia Partner, Michael Moritz, sits on Google's board. How do they handle the conflict of interest in deciding to spend $1.6B of Google's stock on YouTube - with Sequoia having a major stake in the acquired company?