New RSS Investors Fund

Not to rain on a new fund’s parade, but to the extent that newly-closed $100-mm fund “RSS Investors” follows a strict investment mandate of chasing RSS opportunities it will be tough. While there are few hard and fast rules in venture capital, one is that people need to be disciplined about investing, but opportunistic about domains. Over-orthodox sector selection, right down to the level of specific transport protocols, is a marketing exercise, not a realistic approach to generating significant IRRs for limited partners.

Tom Foremski of SiliconValleyWater accidentally backdoors his way into making the same point in talking about the new fund:

This reminds of years ago when Kleiner Perkins launched a $100m Java fund in 1996. It marks a next stage for RSS and how this technology will be used.

Precisely, and that fund was a flop. While there are oodles of Web 2.0 opportunities, they are predicated on solving real problem, not on transport protocols.

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Comments

  1. RSS Fund ? $100M ? No blog ? Hmmmm

    I first saw the news on Bill Flitter Pheedo’s blog and then saw this piece from Tom Forenski:

  2. SiliconBeat says:

    A new RSS focused VC fund announced: But check fine print

    A new venture capital firm, RSS Investors, has announced it is looking to raise $100 Million technology fund to focus on investing in new kinds of businesses — to exploit new opportunities allowed by the growing acceptance of RSS. There’s already been…

  3. RSS focused Venture Fund Announced

    Jeff Clavier, venture consultant and angel investor, brought a new RSS fund to our attention. Partners John Palfrey and Jim Moore, from the Berkman Center, announced a new venture capital fund focused on investments in “tagging, RSS, OPML, sear…

  4. SiliconBeat says:

    You gotta be nuts: A VC fund dedicated to RSS?

    As reported earlier, a new venture capital fund, called “RSS Investors,” has launched. It wants to exploit new opportunities afforded by the new protocol called RSS, or Really Simple Syndication. For the uninitiated, RSS allows you to get a bloggers’ u…

  5. Ben Hyde says:

    I’ve heard rumors of a fund who’s target investment area is left angle brackets – “Less Than Partners”

  6. Tom Foremski says:

    Paul, I’m less interested in how successful the RSS fund will be than in the interest that this will bring to RSS. And judging by past behaviours, business plans (some) will probably be rewritten to include RSS in some way. And out of all of this some useful applications and succesful businesses will arise.
    Also, I think RSS is a very interesting technology that will make its way into more things than we can thnk of right now.

  7. What is RSS? Why invest in RSS entrepreneurs and businesses?

    By now many of you will have seen the announcement for our little RSS fund, as well as

  8. RSS Extension Wish List

    Last week a couple venture fund cropped up claiming to be “RSS” focused VC’s. (1, 2, 3, 4, 5, 6, 7) But if you dig a little deeper you’ll realize that they are simply using RSS as a marketing angle (a little disgenuous?). In…

  9. SiliconBeat says:

    You gotta be nuts: A VC fund dedicated to RSS?

    Update, 7/11, 6:21am: Here’s our Mercury News story today about RSS Investors. Also mentions a couple of examples of possible investments, including Global Medical Networks, an Israeli company looking at aggregating data for health care providers using…

  10. RSS Investors Recap

    Not to be left in the dust, it would remiss of the Syndicator not to at least mention that John Palfrey at the Berkman Center and a group of financial pros have pulled together a $100 million fund for investing in RSS-related technologies/companies.Whi…

  11. SiliconBeat says:

    You gotta be nuts: A VC fund dedicated to RSS?

    Update, 7/11, 6:21am: Here’s our Mercury News story today about RSS Investors. Also mentions a couple of examples of possible investments, including Global Medical Networks, an Israeli company looking at aggregating data for health care providers using…

  12. Chris says:

    Well – I own a profitable 3 year old RSS business that sells brandable readers, and have received great interest in purchasing my business (www.tristana.org), if that’s any indication of the market need for RSS solutions… open to any offers! :) Tel 250 352 6175