The Rehabilitation Of Consumer Internet VCs

"Just a short time ago any VC that mentioned consumer internet would have been summarily executed and had their body left in a box by the side of Sand Hill Road a la Ned from Unforgiven. Faced with such a reception, most consumer internet VCs either laid low somewhere in the Santa Cruz Mountains or entered the internet VC protection program, otherwise known as software investing. Ah, what a difference a couple of years make."

[Bill Burnham]