KPCB's Ray Lane and Blogtronix

Last week, during the RedHerring Spring conference, I had the chance to listen and than even talk to KPBC’s Ray Lane. It was clear that KPCB invests only in home runs. They want to find the next Google and make lots of money for their investors.

So, I approached Ray, since Brook Byers told that I needed to talk to Ray about Blogtronix. It turns out that KP invested in Spike Source, which I totally missed somehow and that they could not work with us at this point. It was interesting however that Ray knew that there is a conflict of interest just by reading my biz card.

During the keynote Ray gave, (which was excellent) Alex Vieux (Red Herring’s publisher) asked Ray about the affect of KP’s investments on other companies in the same space and why they keep things under the radar about their investments.

Ray told us that KPCB invests only in companies that can change the world in a big way and after they invest in a specific sector, many new companies follow their funded startups and try to copycat them.

How ironic is this when Spike Source is now trying to copy what Blogtronix has been doing for years and they are doing it so poorly. How ironic is that Blogtronix needs to compete with several large companies like IBM, Intel and MSFT with billions of cash reserves and still have a superior product on the market. We also need to keep writing these blogs and tell you about it.

Well, the wind is changing and finally the market is taking notice in Blogtronix. Just last week, if you have missed my posts, we won Red Herring’s 100 award for North America in 2007. We also won the Under the Radar award and we just got nominated by AlwaysOn as well. There are some other very big announcements coming later this month and in June, for which, you need to stay put.

Best,
Vassil