Wednesday, October 25, 2006

evhead: The Birth of Obvious Corp.

Just a note out about Evan Williams' new company, called Obvious, which acquired the assets of Odeo, where my firm Charles River Ventures was one of the investors.

Evan was and is great to work with. Evan is creative, fun, and down to earth.

Evan wanted a structure with maximum flexibility without the overhead of additional investors other than himself. He made a good and fair proposal to the board of Odeo and we happily accepted. Everyone around the table was happy to recognize the obvious and support Evan in his goal of starting Obvious.

We are excited to see him do great new things with Obvious. We wish him the best and congratulate him on his new adventure.
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