If you haven't visited David Biesel's blog, "Genuine VC", here's links to three, very nice posts that can get you started:
- "Stop! You Shouldn't Blog. The Risks of Professional Blogging" - David does a good job to point out some frequently overlooked, disconfirming evidence against professional blogging. My $0.02. Everything has risks. The VCs that criticize blogging in this regarding are experts in mitigating risks. The risks to mitigate for blogging are way easier to mitigate. And people who draw blanket conclusions about blogging in this way are just being too hasty on the whole deal.
- Social Networks: The Network or the Service? - Methinks the higher one gets up on the value chain towards service, the better. As for the metamodel David refers to for social networking, I could potentially see this for Web 3.0, but it may be tougher for Web 2.0 timeframes.
- An Entrepreneur's Perspective on Information Asymmetry in Bootstrapping - There is some interesting dialogue in this post. All I can say is that if one is an outsider to a venture (e.g., looking to join one as a non-founder), one should try to take as many steps/measures to reduce that information asymmetry. Due diligence on people, personalities, process, chemistry, org structure, philosophies, legal agreements, etc. Can never do enough, and the process is always ongoing.
Update (7/13/05): David has some updates here on item #2.