What exactly is an API team?
I believe this question is conflating two completely separate concepts:
An API is an Application Programming Interface, a set of computer instructions that allow different programs or systems to communicate with each other. That’s how Quora can post your answers to Twitter, or allow you to log in to Quora with your LinkedIn account.
An API Team is simply the group of people (typically software programmers and product managers) within a company who design. develop, market and support users of the company’s API.
A VC is a Venture Capitalist, who invests in high growth companies with funds typically raised from institutional Limited Partners.
As such, the two things (API Team and VC) have nothing whatsoever to do with each other.
White Bear Yard, to which the question referred, is a quasi-incubator/workspace in London, established by several active angel investors who have since gone on to raise their own $60 million venture fund. As TechCrunch wrote last year,
Glaenzer and Burbidge first setup White Bear Yard in July 2009, a space with 7,500 sq ft in London in which to house their startups. But this was no incubator – merely a convenient way to house some of their investments close by. In early 2010 they were joined by Robert Dighero and the previously invidividual Angels started operating a 3-person informal partnership.
*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *
Written by David S. Rose
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