Razorfish, Online ad slowdown, Obama's CTO, Huseby on Sequoia, etc. |
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Huseby's remarks: MocoNews.net's Tricia Duryee covers the remarks of Tom Huseby at Seattle's Mobile Northwest conference, with the Seattle venture capitalist referring to Sequoia Capital's recent RIP: Good Times slide deck as "panic notes" and later adding that they were "hyperbole and histrionic."
Online ad slump: Former Internet analyst turned blogger Henry Blodget predicts that online display advertising will fall sharply next year, writing on Silicon Alley Insider that "hundreds of startups counting on advertising as a business model will be flattened."
New name for Avenue A Razorfish: Microsoft digital advertising agency Avenue A Razorfish has shortened its name to Razorfish, with CEO Clark Kokich saying in a press release that "we don't need two names anymore." Avenue A and Razorfish merged in 2004 under the aQuantive umbrella, which was later sold to Microsoft for about $6 billion. It is interesting to note that the press release on the name change doesn't mention Microsoft, which could fuel even more speculation that the software giant could be looking to unload the business.
Top CTO in the USA: Barack Obama will create a chief technology officer position for the U.S. government if elected, with BusinessWeek citing Washington insiders who say those who would be considered for the position include Microsoft's Steve Ballmer, Amazon.com's Jeff Bezos, Google's Vint Cerf and Princeton University computer science professor Ed Felten. Bezos is narrowly beating out Cerf in the TechCrunch poll on the topic.
Oregon dollars: The Oregon Investment Fund, an offshoot of the Oregon Public Employees Retirement Fund that, has made investments in San Francisco venture firm Walden Venture Capital as well as Seattle-based Evergreen Pacific Partners and Portland-based Riverlake Partners.
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