“There was a time when every VC on Sand Hill proudly carried the latest, greatest Palm Pilot. No self-respecting VC would be caught without one. And for good reason. Suddenly VCs could carry their calendars with them (no need to print out a pesky piece of paper) and have their contacts at their fingertips. It was a huge improvement over the status quo and increased the efficiency of VCing greatly,” Hornik writes. “Plus, it just looked cool when you pulled out your Palm Pilot at a board meeting. It said to everyone at the meeting, ‘Hey, I’m on top of all this tech crap and I have the tools necessary to be a world class VC, so check me out.’”
Hornik writes, “Fast forward a decade and that tool of choice for the VC world is the iPad. Since its launch, the iPad has taken over the board room. I have not attended a single board meeting since the day the iPad shipped in which at least one iPad wasn’t present. Ok, that’s not exactly a fair measure, given that I have carried my iPad to every board meeting since launch. But I am not alone. In nearly every board meeting I attend, multiple iPads are unfurled. In a recent board meeting, after every VC in the room pulled out his iPad 3G in matching black Apple case, one of the entrepreneurs in the room noted, ‘I take it the iPad is the new board room toy of choice.’ Indeed, it is.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Edward W." for the heads up.]
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