<![CDATA[Gawker: valleywag, aaron patzer]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, aaron patzer]]> http://gawker.com/tag/valleywag/aaronpatzer http://gawker.com/tag/valleywag/aaronpatzer <![CDATA[Much love to Web 2.0]]> The week of Web 2.0 Summit, with the industry converging on San Francisco, seems like as good time as any to throw a shindig. Everyone's in town for the schmoozefest, so you might get to meet quality people who normally avoid the party scene. While my boss hit the Reddit party, I hopped around town to some of the other events. Three, in fact. VC firm True Ventures held a gathering at their offices on Pier 38, a tech industry jam session — for charity, naturally — occurred across town at the Rickshaw Stop, and VCs Eric Chin and Mike Jung held a private party at Fluid for attendees of their intimate Alpha dinners in Woodside. Who needs sleep this week?

True Ventures, the firm which counts WordPress maker Automattic and tech-blog network GigaOm among its holdings, hosted people at its offices on Pier 38 right by the Bay Bridge. Spotted at the party: GigaOm reporters Katie Fehrenbacher and Liz Gannes in conversation with Richard MacManus of ReadWriteWeb. The effortlessly charming Jared Kopf of AdRoll tried to duck having a specific launch date for his ad software company. (Before December 31, he promised.) On my way out the door, I spied First Round Capital VC Josh Kopelman chatting with angel investor Ron Conway, VC Stewart Alsop, and TeeBeeDee's Robin Wolaner. (I recognized Wolaner because she recently blogged about having eye surgery complete with mid-surgery pictures. Ew! In a Discovery Channel can't-stop-looking sort of way.)

I spoke with Kopelman for a moment as he explained the reason why he tried indoor skydiving — the activity which broke his shoulder. His wife thought it seemed safer than the zero-gravity flights currently in vogue with the Sand Hill set. Oops.

Onto the Rickshaw Stop across town, to a music session for hacks and flacks. The open mike jam session starred jounalist rock star Don Clark of the Wall Street Journal and Kevin Maney of Portfolio. Here's a secret for you — whenever Don Clark plays, a gaggle of PR fans mob the audience. Last night? No different. Spotted in the crowd, flacks from big firms, like Voce Communications, and PR consultants aplenty. Ali Partovi, founder of music application service iLike, came out to support the scene. PR goddess Brooke Hammerling appeared and greeted Le Web 3 conference producer Cathy Brooks effusively.

To SoMa and Fluid for the the last stop of the night, where Mike Jung of Panorama Capital and Eric Chin of Bay Partners brought together alums from their Alpha dinners in Woodside for a drink special. Spotted: First Round Capital director Howard Morgan, who spoke briefly about his investment into the Zero-G airlines. (He's been on three of those flights already!) The crowd was full of founders. Among the crowd were Mint's Aaron Patzer, HotorNot founder James Hong, former Greylock VC turned Chirpscreen founder Eve Phillips and the guy blowing kisses above, PBWiki founder David Weekly. Eric and Mike told me that they aim to have their Alpha dinners bring together founders and VCs with a common thread, with the hopes of making connections that pay off. And it's happened. Oren Michels of Mashery reports that his widget-software startup received a check in the midst of one of the Alpha dinners. The Alpha luck might have struck again. At the end of the night, Mike Jung snuck away for a phone call. Rumor was that a deal was in the works. Heard anything about it? Let us know.

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<![CDATA[Ram Shriram made a mint, invests in Mint]]> Ram Shriram is No. 271 on the Forbes Billionaires list. He's a veteran of Netscape and Amazon, and an investor in StumbleUpon and Google. He owes his place on the list to the latter, where, as an angel investor, he had more shares than anyone besides the company's founders at the time of its IPO. Now he acts as a "sherpa" to young companies, helping guide them to success. He also participated in financial-planning startup Mint's latest round of financing. Mint CEO Aaron Patzer shares a story about Shriram's investing habits after the jump. If you want this guy as your startup sherpa, take notes.

Ram Shriram actually came in about a month after we closed our round. At the time we only had about $200k open in the round. Unlike most investors (who wait a week, talk to their friends, bring you back for multiple meetings), Ram said "Okay, I'm in" before I was done with the presentation. He then explained that he had no upper limit on what he could invest (good problem to have!), but that his accountants lose track if he doesn't invest at least $500k. So needless to say, we opened the round up a bit.
(Photo courtesy of Ram Shriram)]]>
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<![CDATA[The TechCrunch40 aftermath]]> Congratulations to entrepreneur Aaron Patzer, pictured above with an oversized novelty check. His financial-services startup Mint was the big winner in this week's TechCrunch40 conference, bringing home the $50,000 prize for being the "best in show." So, what was the overall view of TechCrunch editor Michael Arrington and entrepreneur Jason Calacanis's big event? This take, sent to us late last night from an out-of-town journalist, explains it better than we could.

I'm drunk. But that's okay, because my editor spiked my TechCrunch piece. "This isn't what we expected at all," he said of the show, having been lured by the big-brain judges and the presumption that Arrington's top-secret reveal would be another iPhone. I suspect the next such blind event will have trouble getting reporters to show up, except the sort such as Wired who make themselves part of the story. These effectively worked for Arrington this week, publishing what he wanted when he wanted. Given the endless EMBARGO EMBARGO EMBARGO rules I couldn't keep straight, it was a relief to have no actual news to break. I forget my point, but see you somewhere else next year.
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