Jay Jamison Venture Partner, BlueRun Ventures, stopped by for an interview with Reena Jadhav at Vator Splash and shared his insights and tips. He's clearly betting on mobile as the billion dollar space with several recent investments in mobile ventures such as Foodspotting. Deals, mobile, location, photo sharing are all paving the way for billion dollar opportunities.

What he's looking for? Jay admires companies that build relationships with customers. A big issue he sees with entrepreneurs is that their ambition and size of idea is much smaller in scale and scope than what venture funding dictates. So THINK BIG! Watch the interview for his favorite startups and other tips!