{"id":1902,"date":"2005-11-03T00:06:50","date_gmt":"2005-11-03T00:06:50","guid":{"rendered":"http:\/\/zmetro.com\/?p=1902"},"modified":"2005-11-03T00:06:50","modified_gmt":"2005-11-03T00:06:50","slug":"many_internet_s","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=1902","title":{"rendered":"Many Internet Startups Are Flying Without Venture Capital"},"content":{"rendered":"<p><a href=\"http:\/\/www.emailthis.clickability.com\/et\/emailThis?clickMap=viewThis&#038;etMailToID=671985587\">Rebecca Buckman<\/a>:<\/p>\n<blockquote><p><i>Many Internet companies attending a Web-business conference here earlier this month described venture money as &#8220;almost superfluous,&#8221; says Jason Pressman, a principal at Shasta Ventures in Menlo Park, Calif. Venture capitalists generally say their money and expertise are still needed to build large-scale businesses, and they don&#8217;t mind investing a little bit less in companies that have built businesses on the cheap but still want some venture money.<br \/>\nBut some entrepreneurs believe the balance of power in Silicon Valley is shifting for at least a subset of Internet-focused start-ups. &#8220;There is magic in independence,&#8221; says Chris MacAskill, co-founder of online-photo site Smugmug Inc., which has no venture funding &#8212; and, according to Mr. MacAskill, doesn&#8217;t want any.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Rebecca Buckman: Many Internet companies attending a Web-business conference here earlier this month described venture money as &#8220;almost superfluous,&#8221; says Jason Pressman, a principal at Shasta Ventures in Menlo Park, Calif. Venture capitalists generally say their money and expertise are still needed to build large-scale businesses, and they don&#8217;t mind investing a little bit less [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1902"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1902"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1902\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}