The Second Internet

by loukerner on January 25, 2012

While I thoroughly enjoyed my time as a Wall Street analyst, compliance issues hampered my ability to blog on SecondShares.  Now that I’m back angel investing, I look forward to sharing thoughts and analysis on the social and mobile companies I refer to as “Second Internet” companies.  Just as first internet companies disrupted the offline leaders (e.g. Amazon v Walmart), Second Internet companies that are BORN social, will disrupt incumbent firs internet leaders.  I first outlined my thesis in the only real deep thought piece I wrote “The Second Internet“, I have continued to evolve the thesis in a deck I also call “The Second Internet“.  While the deck is meant to be given live (which I love doing, as it’s such a fun dynamic topic to discuss), a lot of value can be derived by reviewing the slides.   Enjoy the deck, share it, and I look forward to future posts.

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In this interview, David Lifson, founder & CEO of Postling, tells us how he raised $900k without any prior experience as an entrepreneur!

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In this short 2 minute clip, Andy Monfried, explains how he developed the idea for Lotame, and how he convinced his teammates to join him to launch the business, and then how he convinced his initial customers to start using the product!

Andy went on to raise $34 million in venture capital, grew his staff to over 75 employees and double or tripled his revenue every year since its inception! This is a rock star founder!  Truly inspiring.

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Sean Rad, the founder of Ad.ly, explains in this interview how they convinced over 1,000 celebs, 100 of which have more than 1 million Twitter followers, to agree to be paid to send out tweets from advertisers!

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Michael Downing, founder of Tout.com, explains how Tout has attracted several popular celebrities such as Shaq, Katie Couric and many others to join their service, within the first 5 months after launching!

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Eric Jackson, co-founder and CEO of CapLinked, a social network for M&A and investor relations, tells us how Peter Thiel convinced him to join PayPal, which he later quit to write the book, PayPal Wars, and has since co-founded several startups including CapLinked.

 

 

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See How These Founders Created a Social Game for Fitness and Grew it to Over 80k Members Within a Year

October 21, 2011

Share In this interview, Fitocracy co-founders Brian Wang and Richard Talens explain how they conceived an idea to create a social game for fitness, and within a year grew the membership to over 80,000 members.

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How James Hong Co-Founded HOTorNOT and Sold it For Over $20 Million

October 19, 2011

Share In this interview, HOTorNOT co-founder, James Hong, discusses how they bootstrapped HOTorNOT to $8 million in annual revenue profitably before selling it for over $20 million.  Remarkably, he never raised a penny of outside funding! Watch the full video to hear how the did it!

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Hedge Funds Spent Second Most on Private Company Stock in Q2 on SecondMarket

August 4, 2011

Share According to SecondMarket, Hedge Funds purchased over 22% of all private company stock on their marketplace in Q2, by dollar value.  What’s interesting is the change in investment behavior by the hedge funds, which typically require their investments to provide a short horizon for liquidity.  With the recent flurry of IPO activity for startups, [...]

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TWISM Cartoon of the Week

May 10, 2011

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