Re: [projectvrm] Major VC thinks 'VRM is one answer (probably 'the' answer in the long run)'

[Joe Serrano < >]

Yes. I should have said currently insurmountable. 

There is a reason Elon Musk had to fund most of his own endeavors like SpaceX. "You want to do WHAATT?"

Once the ship starts to sail many will want to jump on board. For the time being, many do not have an investment timeline that would allow for the customer adoption curve to mature into downstream, chasm crossing deliciousness.

On Thu, Apr 11, 2013 at 2:07 PM, Mr. Jim Pasquale < " target="_blank"> > wrote:

I continue to believe in the long run we will see and have access to an intention economy fund, being managed by a few VC's that have the vision for the IOT over a personal cloud as they are completely intertwined and VRM is the most logical, efficient, effective path to get consumers there as customers. Part of our job is to educate the consumer, as they are always the best kind of customer.  And that include the VC community.as they focus in the cost of money and the return(s).

Sent from an iPad

http://about.me/jpasquale  

On Apr 11, 2013, at 2:39 PM, Doc Searls < " target="_blank"> > wrote:

I don't think they see VRM as "insurmountable." They'd just rather seen deployments that are more downstream than what's out there so far.

Doc

On Apr 11, 2013, at 2:14 PM, Joe Serrano <333. " target="_blank"> > wrote:

I have had some communication with Nic. He is definitely watching VRM closely. What is even more of a shame is that for US based VC, VRM seems to be an insurmountable challenge. 

I wonder if this is because privacy and control of data is more ubiquitous within the zeitgeist of the UK?  Doc, have you had any conversations with US-based VC? It would be interesting to get your view on this.

~Joe

@333serrano 

On Thu, Apr 11, 2013 at 12:45 PM, Doc Searls < " target="_blank"> > wrote:

He's right, because VRM is also not an e-commerce vendor thing. VRM is behind customer's hand that the vendor shakes.

The 'shopping experience' is the customer's, not the vendor's. VRM can help with that a lot. It's a shame we haven't done a better job of showing Nick how the implementation challenges are being met from the customer's side.

But, we can fix that. Nick is a good guy and I know he'll be eager to see what we're doing.

Doc

On Apr 11, 2013, at 10:58 AM, "Nathan Schor" < " target="_blank"> > wrote:

Nic Brisbourne of DJF has posted in the past on VRM’s potential. So I was excited when he titled a recent post ‘The next wave of ecommerce’, naively thinking he was referring to VRM in that title. Regrettably, not the case. So I took the opportunity to remind him where the true revolution is likely to occur. His reply to my comment includes the following encouraging and realistic assessment:

'VRM is one answer (probably ‘the’ answer in the long run) but the implementation challenges are such that I don’t think it is a practical solution for most ecommerce vendors today’

http://www.theequitykicker.com/2013/04/10/the-next-wave-of-ecommerce/#comment-859540771

 

Nathan Schor

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