bits.blogs.nytimes.com - 5/15/2009
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A professor argues that the new generation of Web start-ups can do just fine without venture backing.
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Roundup: Venture capital’s alleged irrelevance, Zillow’s continued success, and more
VentureBeat —
... Study says venture capitalists less relevant for web startups — Santa Clara University Prof. Robert Hendershott has concluded that lower startup costs mean many entrepreneurs should go it alone, rather than raise funding from VCs. ...
Prof Says Startups Don't Need VC Anymore
Silicon Alley Insider —
US videogame sales were down 17% y/y in April [NYT]
Business prof says Web startups don't need VC anymore [NYT]
IT budgets are stabilizing [WSJ]
Hulu disputes Nielsen's numbers [NYT]
Web hooligan says he hacked Steve Jobs's Amazon.com account [Epicenter]
AT&T boasts about smart phone lead [WSJ]
Happy Birthday, 25-year-old Mark Zuckerberg! [Valleywag]
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Think Entrepreneurs Don't Need VCs? Think Again
paidContent —
... NYT's highlighted a report by the International Journal of Entrepreneurship Education yesterday, which claimed the lower start-up costs of launching a digital media company is making it less necessary for entrepreneurs to partner with venture capitalist firms when pursuing their big idea. ...
How and Why VCs Made Themselves Obsolete
WatchMojo.com Business & Technology —
... According to Robert Hendershott, a professor of private equity and entrepreneurship at the Leavey School of Business at Santa Clara University, venture capital is becoming obsolete for Web start-ups. ...
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Apple's App Store analysis: This Titanic is actually unsinkable
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