David's comments

Great post! I think #7 is actually the most important development this year by a large margin. The role citizen journalism will play over time will become foundational to our liberal democracy as traditional media company news continues to starve to death for lack of a viable business model. The implications regarding Editorial are scary. But this is the case whenever fundamental institutions in our society suffer such upheaval. Real-time search and news found through our social network is made more valuable as we rely more heavily for our news on citizen journalism.
on Top 10 biggest social media stories of 2009

Great perspective Matt. I think the top tier players all started making those vertical shifts a year or two ago. But it would be interesting to see a comparative analysis of deal size and volume per vertical shifting over time.
on VC's need to leave the Internet

Thanks for the review! A lot of great ideas, some of which we're working on, and some of which, honestly, I just jotted down for us to work on next! We agree the newsletter side of the business will be significant, and this coupled with Personalization and Recommendations is going to be..., well, we hope it's going to be powerful in it's ability to encourage parents along as we all try and find great things to do with our kids locally. Keep checking back as we're adding new content every day, and adding new functionality almost every week at this point. Thanks!
on Find stuff to do with kids on Famplosion

Awesome post Bambi! It does feel like dawn in America, and I'm fired up to build stuff!
on Barack Obama, CEO of a new startup: America

Based on the TechCrunch's napkin math, Facebook should be burning about 250M this year to operate the company as is...without scaling the variable according to next year's anticipated traffic/content storage growth. If this is right, and they are planning on booking 300M in revenue this year, then they should be profitable. Does that profitability inflection carry on at scale to some level where they can safely expect revenue of 1+B? I'm not wondering what new revenue rabbit they can pull out of a hat as much as whether the existing revenue model/operation scales efficiently and has a ceiling high enough to warrant the valuation. It seems though, no matter what happens, Microsoft's investment should be viewed like a walmart-ish loss leader strategy giving them the benefit of the doubt of course.
on What's Facebook's killer-app revenue model?

hmm, maybe I should be an Orrick client!
on Founders' stock...