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About my Seesmic investment

Wednesday, February 13, 2008 by Dave Winer.

Today, Seesmic, the company founded by Loic Le Meur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  Permalink to this paragraph

A picture named chicken.jpgI'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Permalink to this paragraph

Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss.  Permalink to this paragraph

The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it on October 8Permalink to this paragraph

Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.  Permalink to this paragraph


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A picture named dave.jpgDave Winer, 53, pioneered the development of weblogs, syndication (RSS), podcasting, outlining, and web content management software; former contributing editor at Wired Magazine, research fellow at Harvard Law School, entrepreneur, and investor in web media companies. A native New Yorker, he received a Master's in Computer Science from the University of Wisconsin, a Bachelor's in Mathematics from Tulane University and currently lives in Berkeley, California.

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