As journalists, we’re constantly second-guessing investments made by VCs. With that in mind, the writers and editors of Venture Capital Journal decided to find out if we’re are really as smart as we think are, or are as dumb as rocks when it comes to picking good deals.
The result is the VCJ 20, which lists the 20 most promising startups that received seed or Series A financing in 2009.
The goal of this project was to create a list of truly promising companies, no matter who founded them or who their backers were. VCJ focused on five factors when rating each company: potential market size, quality of the team, technology edge, business model, and exit potential.
I’m proud to announce that the company at the top of VCJ’s list is Cloudera, which offers consulting services and is building tools around Hadoop software and is backed by Accel Partners and Greylock Partners.