Kara Swisher

Recent Posts by Kara Swisher

Kara Visits AlwaysOn's Venture Summit East!


Yesterday, I moderated a panel at AlwaysOn’s Venture Summit East in Boston, called “Is There Still Upside in the Internet?”

Short answer: Always and forever, as long as there are venture capitalists with bags of other people’s money and enough rat holes to shove the cash down!

In all seriousness, it was a great discussion, centering on the lack of exit for start-ups via IPO, the slowing down of the M&A scene and a need to build businesses that have strong revenue outlooks.

As to hype? Social networking, of course! And underhyped? Mobile.

The panelists included: David Kidder, CEO, Clickable; Waikit Lau, Co-Founder, ScanScout; Bob Davis, General Partner, Highland Capital Partners; David Beisel, VP, Venrock; and, one of my personal favorite VCs and charmingest Yahoo (YHOO) board member, Eric Hippeau, Managing Director, Softbank Capital.

I gave Hippeau a teeny hard time about the MicroHoo situation (essentially, WTF!!?). He deftly ignored me and made the most salient point of the panel about the continuing transformative power of the Web.

(Thus, shaming me for my tiny-minded, here-and-now focus! Well, I was only ashamed just for a second, but it was a really long second!)

Here’s the video with interviews with Hippeau and others, including conference organizer Tony Perkins:

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik