An interview with me was published in Globes yesterday. This was my first first-hand experience with Israeli “Talk-backs”. What is interesting about these is that unlike comments in my posts on TechCrunch, the comments made on the article were not meant to spur a conversation among the readers—the criticism was not followed-up with a substantive argument.

Many of my quotes in the article were out of context and a couple were mis-quoted, so I’d like to take a moment and clarify some points:

  1. FoxyTunes: Love the company, but would not have invested in them—in fact, no VC invested in them. The founders—Alex & Vitaly—are great guys, but FoxyTunes is far from your a-typical VC investment. This is why we need Yossi Vardi… His foresight and “balls” allow such companies to come about. The Globes reporter neglected to include this explanation.
  1. Video: Yes, video is hot. Thing is, there are hundreds of companies in this space and innovation is slowing down significantly. My main reasons for not entering this space are: a) very difficult to gain the traction to generate the amount of traffic necessary to monetize, and b) no one has figured yet how to actually monetize. On the flip side, while bandwidth costs have decreased, if you do have a site that gets traffic, your CDN will make a killing off of you and you won’t be making a nickel. Food for thought.
  1. Social Gaming: If there are any true social gaming networks here in Israel I’m not aware of, please contact me. Gambling does not fall under this category… I’m talking the likes of Zynga.
  1. Objectivity: So if wasn’t clear yet, yes, you can pay me so I’ll write about you on TechCrunch…! You will need to forward the payment to my Cayman Island bank account. :) Please read my About page for a crystal-clear explanation on this matter.

The traditional press in Israel is more about generating controversy than generating a conversation—it’s a shame, but that’s how the cookie crumbles… In any case, I hope this sets the record somewhat straight.

If anyone would like to contact me directly, you can always email me at: roi.carthy@gmail.com