Powerset claims to be the next big thing. Would you sell the next big thing for $100 million? Here is my initial assessment of Powerset – It was an opportunistic play to make a quick buck on the Google craze.
I was right and this transaction proves it.
When Barney Pell was at Mayfield Fund several years ago, he thought that investing in search was a bad idea. Mayfield was actually clueless about More»