November 2006

Great CA court outcome for online publishers

I agree wholeheartedly with the courts finding that Section 230 of the Communications Decency Act protects online journalists and bloggers. The court did comment that a finding that “recognizing broad immunity for defamatory republications on the Internet has some troubling consequences.”  I disagree and believe that in fact, Section 230 should be read this broadly.

In a victory for bloggers, newsgroup participants and other Web publishers, the California Supreme Court ruled Monday that individual Internet users cannot be held liable for republishing defamatory statements written by others.

full post here

court opinion here 

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and for something different….

One of my dearest friends is a writer for the USATODAY, see some of his latest posts on his blog.

 full post here

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Deal Flow: Week Ending November 13, 2006

from the wanabe venture capitalist

Fundings:
- BlackArrow raises $14.75mm for non-skippable ads
- Brightcove seeking $55mm 3rd round
- Pluck raises $7mm
- SodaHead gets $4.25mm for adult social networking
- Mascoma takes on $30mm for possible gasoline alternative
- AboutUs, Inc. takes on $1mm for business wikis

Acquisitions:
- AOL acquires Relegence
- Zhongsou to acquire Ccoo.cn
- Answers.com acquires FAQFarm for $2mm
- Motorola acquires push e-mail firm Good Technology

New Funds:
- Valhalla Partners raises $260mm 2nd fund
- Benchmark Europe raises $500mm fund three

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Craigslist: Intenet meets civil Rights

Craigslist

The internet is often the source of unforeseen outcomes and effects, and this is a perfect example. This article discusses how Craigslist was sued for allowing users to post discriminatory housing adds. I never even thought about this possibility. (I guess this is the SF bubble that I live in). But even more interesting, is the effect of the 1996 Communications Decency Act (CDA) as compared to the numerous Federal Fair Housing statutes and regulations.

The Chicago Lawyers’ Committee for Civil Rights Under Law sued San Francisco-based Craigslist in February, claiming that during a six-month period, the site published more than 100 housing ads in Chicago that violated the federal Fair Housing Act.

Those ads included such declarations as “Non-women of Color NEED NOT APPLY” and “African Americans and Arabians tend to clash with me so that won’t work out.”

The 1968 Fair Housing Act bars housing discrimination, and newspapers and other publishers of ads deemed discriminatory can be held liable for violating the law.

But the 1996 Communications Decency Act (CDA), in an attempt to promote unfettered free expression online, shields web forums from liability for ads and opinions posted by their users.

full story here

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Is Web. 2.0 over? Hello 3.0?

Here is one commentators take on the end of web 2.o.

Web 2.0 is so over. First came the tepid reviews of the third annual 2.0 boondoggle. “If you were looking to learn something new,” sniffed GigaOm’s Liz Gannes, “this week’s Web 2.0 Summit was not the place to be.” Wrote a jaded Scott Karp, “there were few revelations, few moments where you had the exhilarating experience of seeing something that was about to change the world. Every conversation I had began with discussing the underwhelming nature of Web 2.0.” “I didn’t come away from the conference having learned much,” confessed Richard MacManus, who felt the highlight of the event “was seeing Lou Reed play live.” It was the Famous Death Dwarf himself, though, who put it most bluntly, telling the Web 2.0ers, “You got 20 minutes.”

full post here

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FTC chief warns against ‘unnecessary’ Net rules

Interesting interview of the head of the FTC and her viewpoint on regulation of the net.  I wonder why they are still only studying the issue of net neutrality- with the legislation pending, they should make more of an effort to join the dialogue.

full post here

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Silver Lined Bubble?

Here is an interesting article from CNET on the silver lining of the Bubble- the bubble is a gentler bubble and since the cost of technology is far less in terms of capital and talent requirements, this bubble will hurt less as it bursts.

That is is a glass half full view, but one that is not without merit.

full post here 

Investment
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VCs acting as Angels

Though this commentator portrays this as an old dog learning new tricks, Angel investors have been offering this form of investment vehicle for years.

Charles River Ventures introduces friendly “convertible” seed round

Who says old dogs can’t learn new tricks… CRV, one of the oldest venture partnerships in the country, has launched a program they are calling Quickstart to seed invest up to $250k in the form of convertible loans.

full post here

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Deal Flow November 2

from The Wannabe Venture Capitalist

Launches:
- Six Apart launches VOX
- Chinese Facebook Clone Formed
- MingleNow launched new bar/restaurant social networking site

Fundings:
- Tablus takes on a $16mm second round
- SkyRider takes on $12mm for P2P search
- Edgeio takes on an additional $5mm
- GotVoice takes a $3mm series A for web based voicemail management
- Synacor takes $17mm for Portal Content Distribution
- eyespot raises $3.7mm for online flash video editing
- MindCandy takes $7mm for online gaming
- Coveo takes on $6mm series A for secure enterprise search
- Music Blog Stereogum.com takes money from Bob Pittman’s Pilot Group
- eBuddy announces 5mm euros in funding
- iCopyright gets $2mm third round
- Maya’s Mom raises angel round
- vSocial raises $1.5mm
- TopTenSources raises $3.5mm and acquires blogniscient
- CardPricer.com raises $100k for baseball card pricing
- SpotRunner raises $40mm more
- Monitor110 gets $11mm third round
- eSnips raises $2mm for media sharing site

Investment
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VC Fads

Here is an interesting post by Howard Morgan of the Acara Group on his view of VC fads.

full post here 

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Companies

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