Eric
Litman (left) and Michael Mann
WashingtonVC.com |
focused on Litman who
started working with Mann after each helped found
companies (Proxicom for Litman and BuyDomains
for Mann) that were sold in multi-million dollar
transactions. At WashingtonVC they are funding and
helping build a wide variety of new companies, many of
which are based on killer domain names like SEO.com
and Phone.com.
Litman told the post,
"There's the perception that the Internet is done
in terms of |
innovation (but) we're
still at the very beginning in terms of
human-computer interaction models in terms of
opportunities."
Goldfarb
wrote, "In addition to the cash, WashingtonVC
provides important corporate back-end services that many
start-up companies can't afford or don't know much
about, such as marketing strategy, human resources,
legal advice, etc. Litman, who spent several years
investing in and commuting to East Asia calls the
concept "keiretsu," a Japanese word referring
to a company that's at the center of a business
ecosystem."
(Posted
April 7, 2008) |