VisualShare - communicate with pictures - software solutions for image sharing and collaboration. VisualShare builds applications for organizations that need to share images, conduct reviews and document results.

Just this morning I read a brief article in BioIT World by Michael Greeley a managing general partner of IDG Ventures. The article makes the the important point that academic institutions are full of innovation and represent a portfolio of inventions that have high commercial potential. Of course, the potential is only realized with seasoned management. No argument here.

However, he makes the case that VC's are not tapping into this value and would be well served to do so.

On Dec 29, 2007 the Wall Street Journal published an article called "VC's New Math: Does Less = More?". The article showcases the approach of Peter Thiel's Founders Fund and their recent success with Facebook. Their approach seems to make some sense. In a nutshell, the article makes the argument for smaller amounts of venture investments (less than $1 M) as opposed to apparent $2M rule of thumb.