Great Choice!

I was breezing through the headlines in The Wall Street Journal this morning when I came across this: "Obama to Tap Tech Adviser as FCC Chief".  As in Internet this got my attention and the more I read the more excited I got about the selection.  Julius Genachowski is an excellent choice to lead the Federal Communications Commission.

First of all he has FCC and beltway experience.  During the Clinton administration he served as General Counsel to the Chairman of the Federal Communications Commission.  A little bit of a so what, but the guy knows his way around Washington.

Second of all when he left the FCC he went to work for Barry Diller at IAC/InterActiveCorp.  He has been on the board of directors at Expedia,, The Motley Fool, Tickermaster, and Website Pros.  My bet is Mr. Genachowski understands the Internet and the challenges facing Internet companies.

Third of all he is a Venture Capitalist at Rock Creek Ventures. A firm he co-founded.

Fourth of all his email address is in his profile on the Rock Creek Ventures site. There's some openness for you.

Fifth of all he gets early stage technology.  In addition to Rock Creek Julius founded LaunchBox Digital, an seed stage investment firm based in Washington D.C. LaunchBox follows the Y-Combinator model.

Time will tell, but I think this guy understands technology and understands telecommunications.  I can't think of a time when I have been more excited about a government appointment.  Happy New Year!

January 13, 2009  |  Comments  |  Tweet  |  Posted in Current Affairs, Internet