Chris Dixon is outspoken. He says difficult things. And he pulls no punches in our interview, in which he talks about the rise of super angels and micro VCs, his transition to investor from entrepreneur and how most VCs don’t know what they’re doing.
The launch of Facebook’s open graph protocol is fueling the debate over whether it is better to be open vs. closed. But the ultimate answer may be that it depends. Being open can benefit a company in some ways, while being closed is better in others.
Facebook wants to extend its social graph throughout the web, via social plugins and a billion “Like” buttons, but not everyone is convinced that this is a good thing. The “Open Like” project is an attempt at an alternative, with an open standard that deserves support.
Location-based services such as Foursquare have become so popular that rumors have been swirling the company might be acquired for $100 million. But angel investor and startup advisor Dave McClure says such services will have to show users the money in order to achieve mass appeal.