Tuesday, November 29, 2005

Welcoming Fabrice to Blogland

Fabrice Grinda is a new blogger that I plan to watch closely. I have known Fabrice for about 10 years, and he's a very unusual entrepreneur in that he readily admits he lacks "the creativity to come up with brilliant new ideas." He appreciates that ideas are cheap, and execution is what really counts. Fortunately for Fabrice, he has executed well on a few occasions.

Most recently, he founded and ran Zingy, which pioneered ringtones and other content for cell phones in the US. While living in France five years ago, he observed the growth of this new media category in Europe and Asia, so he packed his bags for NY and in about three years had created a $100 million mobile media company in America. He sold Zingy to Forside (a public Japanese company) last year and resigned as CEO this week.

Before Zingy, he immitated eBay's early success by founding Aucland in several European countries and Deremate in Latin America. Aucland was acquired by QXL (a publicly traded UK company), and eBay purchased Deremate just recently.

I'm curious to see how Fabrice settles on his next entrepreneurial endeavor, and I plan to read his new blog to watch his thoughts evolve.

3 comments:

Fabrice Grinda said...

Thank you so much for the kind words Jeremy!

Your insightful commentary and advice - which you provided even when you had not invested in my company - have in large part contributed to my success.

You are the best VC I know by far and every entrepreneur should be lucky to have you as an investor. I hope we will have the opportunity to work together going forward.

It is an honor to be able to call you my friend.

Jeremy said...

Fabrice, where do I mail the check? :)

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