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May 18, 2011 11:29 am GMT
Morgenthaler Ventures is one of those Valley firms who did incredibly well during the Valley's telecom/networking/enterprise software glory years. For all the dot com headlines in the late 1990s, enterprise software has long been the core of the industry's returns, and the telecom networking build out was an order or magnitude bigger than the cash funding the more written about dot com fetes.But like so many Valley venture firms, Morgenthaler has struggled to carve out a franchise in the less techy Web 2.0 era. It has at least one bonafide up and comer it its portfolio in Evernote. Rather than chase secondary investments in deals it's already lost like other firms, Morgenthaler is hoping the new edition of Mark Goines as a partner will help bring in more Evernotes: Companies solving a hard productivity or transactional problems, leveraging the mobile Web.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jxxqy3dRxzk/
Morgenthaler Ventures Adds Angel Mark Goines as Partner, Upping Consumer Web Cred
Morgenthaler Ventures is one of those Valley firms who did incredibly well during the Valley's telecom/networking/enterprise software glory years. For all the dot com headlines in the late 1990s, enterprise software has long been the core of the industry's returns, and the telecom networking build out was an order or magnitude bigger than the cash funding the more written about dot com fetes.But like so many Valley venture firms, Morgenthaler has struggled to carve out a franchise in the less techy Web 2.0 era. It has at least one bonafide up and comer it its portfolio in Evernote. Rather than chase secondary investments in deals it's already lost like other firms, Morgenthaler is hoping the new edition of Mark Goines as a partner will help bring in more Evernotes: Companies solving a hard productivity or transactional problems, leveraging the mobile Web.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jxxqy3dRxzk/
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