Be conscious about capital; go further on less; and why the best technology doesn't always win At the recent, AlwaysOn Venture Summit, held at the Ritz-Carlton Hotel in Half Moon Bay, I caught the last panel of the event, titled, "How To Beat Kleiner and Sequoia after the Apocalypse." I had a chance to interview one of the panelists, Clint Chao, a founding partner at Menlo Park, Calif.-based Formative Ventures, an early-stage venture firm investing in Web services and Internet infrastructure. Chao is an experienced technology executive who brings more than 20 years of startup operating experience, including marketing, sales, and business development, to Formative ventures. Solan: How do you think companies are currently surviving in the global crisis? Chao: I think companies obviously have to be much more conscious of their capital spend because of the ... [ Read more ]