Joel Spolsky has critised the VC-biz model and thinks that it should be fixed. Spolsky makes it sound that VCs have all the fun and they can just play the roulette on the entrepreneurs cost. From my experience it is more chance and coincidences than pure rational reasoning and planning. Everybody has to meet up their targets and objectives and unfortunately the entrepreneur and the VC usually are not in synch and aligned. A VC has also some comments about the issue.
When does a software company need a plus $90m round of VC money? Burnham's Beat tries to figure it out and the results are not that appealing.
Expensive country codes on int. phoning will most likely reduce their significance and the winners will be large areas with cheap rates such as US and UK. Tom Evslin tells more.