“Venture Capital for the Long
Tail” describes the need for a fundamentally different, economically viable model for creating and funding micro- businesses. Venture capital needs a new model to adapt to declining costs to start businesses, the impact of Generation Y and increased personal and corporate transparency and sharing. SXSW, Sunday, March 15, Event tag: #SX09-682 @ Taylor Davidson | Unstructured Ventures Photography@taylordavidson.com Business@unstructuredventures.com +1 540.860.4119, @tdavidson, business strategy, photography, innovation, entrepreneurship, financial modeling, nomad, perspective, hope

THIS IS NOT “How to
raise venture capital.” “How to fund your startup.” “What is the right funding and operational model for a venture capital firm today.” INSTEAD The future will be different than today; What cultural, business, technological and political trends are “framing” our future? @ Taylor Davidson | Unstructured Ventures

TEN FRAMES +1 @ Taylor
Davidson | Unstructured Ventures

A. Value is created at
the edges, but captured at the hubs. B. The Long Tail has many edges ”and it better have a hub”. @ Taylor Davidson | Unstructured Ventures

… preferred and common equity,
convertible debt, venture debt, SBA, SBIC, DARPA, university research grants, mutual guarantee funds, angel, seed, pre-seed, Series A, B, C, “friends and family”, angel and entrepreneur investment tax credits, bootstrapping, consulting, bridge financing, “smart” and “dumb” money, mentorship-based capital, social venture commons … Broken or not, venture capital is ripe for creative destruction and reconstruction. @ Taylor Davidson | Unstructured Ventures

Incubate people, not companies. “Lifestyle
business” shouldn’t be a dirty word. @ Taylor Davidson | Unstructured Ventures

Collaboration is a core competence.
@ Taylor Davidson | Unstructured Ventures

Companies are people. “Transparent lives”
will create “transparent companies”. @ Taylor Davidson | Unstructured Ventures

“Scaling people” is the untapped
promise of the Internet. Creating context is more valuable than creating content. @ Taylor Davidson | Unstructured Ventures

Social capital isn’t new, but
everything about it is. @ Taylor Davidson | Unstructured Ventures

Value (flow) is king. Value
> Cash Flow > Stock @ Taylor Davidson | Unstructured Ventures

“Passion allocation” is more important
than asset allocation. Time, passion and attention are the most important costs of tomorrow’s economy. @ Taylor Davidson | Unstructured Ventures Taylor Davidson | Unstructured Ventures

Generation Y isn’t waiting around.
Conflicts create companies. @ Taylor Davidson | Unstructured Ventures

Everyone is a futurist. Yet
we’ll almost always be wrong. @ Taylor Davidson | Unstructured Ventures