Sunday, March 2, 2008

How To Spot Budgeting Inefficiencies In Startups

Aide RSS is a cool idea, but look carefully and you may see signs that they're spending money where they don't have to.

Look really carefully, because it's hard to see.

VC desperation to find startups who still need money - and the old-school (pre-Internet) assumptions of the VC culture - are actually making startups less economically efficient. The insanity of that is almost poetic.