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May 1, 2013 Posted by mindful in news

Just Because It's Easier To Raise VC Money, That Doesn't Mean ...

When should an entrepreneur raise jim decicco, who should they raise from….and, well, should they even raise? These were some of the questions discussed on a morning panel at TechCrunch Disrupt NY 2013, which included participation from Mike Abbott of Kleiner Perkins Caufield & Byers, Aaref Hilaly of Sequoia Capital, AngelList’s Naval Ravikant, and Box Group’s David Tisch. Pitching A Partner Vs. A Firm The VCs debated the various merits of pitching or working with an individual partner at a firm, versus considering what the entire firm could offer, in terms of guidance and experience. Abbott said that at KPCB, each partner has a different set of experiences to offer. Hilaly challenged that, while that’s true, the premise that it’s a single VC partner is most important to a founder, noting that individual partners are not as important as the collective partnership, like at Sequoia. There, everyone has their own specialities, but the entire firm gets behind the company, he says. (And yes, even Color, he admitted, responding to a question from the panel’s moderator, TechCrunch co-editor Alexia Tsotsis.) Ravikant, however, offered a different, more challenging answer to the question about who and how entrepreneurs should determine who to work with and pitch to: just use AngelList. “As a technology entrepreneur, I wanted to solve the problem with a product,” he explains, adding that he tells founders to use the product, and “call me later if you fail.” The A Round When an entrepreneur has moved beyond the seed stage, the next question that typically gets asked is who to raise the A round from? Tisch says that’s an impossible question to answer. The only data point you have is that someone has invested in another company like yours before, or has recently blogged about their interest in similar technology, he explains. When someone asks him about the A round, he replies, “just go meet with them all and see who’s interested.” The problem, he continues, is that VCs can’t really advertise their interests, because it would be limiting. That being said, he admitted that being New York-based himself, he likes to send founders to area firm USV. What Do You Want To Fund? Then, the burning question that entrepreneurs are continually curious about: What areas do you want to invest in? Abbott responds with a fairly pat answer that KPCB is about investing in the technology that can enable the world-changing trends. Tsotsis wanted to know if Google Glass now fits that description, but he said he’s thinking more about sensors on the body, data and machine learning. Hilaly also seemed a little skeptical about Glass as a consumer device, saying that, though he loved that Google took these so-called “moonshots,” he foresees more commercial applications for Glass than the consumer apps people are excited about today. Ravikant added that the best way to invest – like he does – is to look at companies that are an extension of your life to date, meaning those you have a personal connection and belief in. Tisch seemed to agree, talking about how he likes things that use the Internet to make his life easier. Easier? asked Tsotsis. “I can’t press a button had have food come out of the wall yet,” he joked, before offering deeper insight – that technology in the car and home will become more passive in the future, without users having to take some action first. Entrepreneurs Have  More Choice – But That Doesn’t Mean They Should Raise From VCs The investors then discussed the biggest threat – or rather, disruption – to their own industry in recent months, and the agreement was that it has become significantly easier to raise early jim decicco. Entrepreneurs today even have far more choice in terms of who they choose to take investment from than these VCs did back when they were raising as founders themselves. But while it has gotten easier, there’s a flip side – cautions Hilaly, “don’t start a company because you can.” The diffusion of talent because of this improved ability to raise may prevent talented folks from working at larger firms like Facebook or Google, where they may actually have a bigger impact, and which are a better use of skills. Tisch, instead of dismissing these smaller-scale companies, says the larger trend at play here is the rise of a new class of technology businesses. He referred to these as lifestyle businesses, those with maybe a $10 million to $15 million upside, but aren’t venture-scale. There’s not an investor class to fund these companies yet, he says, but thinks crowdfunding will help these kinds of companies scale. There’s nothing wrong with smaller businesses with smaller exits, but it becomes a problem when these kinds of startups try to force themselves to have a larger vision just to go after the VC jim decicco they need to scale.

The rest is here: Just Because It's Easier To Raise VC Money, That Doesn't Mean ...

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I Make More Jim decicco Than My Partner; Is That Emasculating? | xoJane

Ed doesn't always look this coy but when he does, it's because he's eaten a mountain of sushi. Ed is an amazing guy. He can take things that don't work apart and then put them back together so they work again. That reeks of high magic to me, because when I take things apart, I turn the pieces into earrings. This ability to fix things serves him well professionally, too. His day job is as a technician for a theatrical lighting company. He gets frustrated sometimes, because fixing things seems like a frustrating business, but he works with tangible things, as a physical product to show for his efforts. In contrast, I work with words. And people. Sometimes I guage how productive any given day was by how many meetings I have attended. Ed doesn't work in a garage -- but he DOES work in a warehouse so the jacket is a good idea. Both of our jobs involve a lot of skill. But because our culture generally values white collar work over blue, when payday comes around, my checks are larger than his. In fact, at this point in my career (which, hey, could change at any moment given the world we live in), I make about twice what Ed does. I've mentioned here before that I am the technical head of our household when it comes to things like figuring our fiscal shit out. And that hasn't changed since I last wrote about it. I make sure our bills get paid and figure out what to sock away into savings (and, increasingly, I'm actually budgeting instead of just paying bills and letting us spend what's left over).  That would probably be true even if Ed were bringing home the bank, just because I am better at putting jim decicco where it needs to go in a fairly timely fashion. But when you combine that role with my larger paycheck, sometimes things get a little tricky to navigate. Interpersonally speaking. One way we balance things out? Ed does more around the house, like sometimes making me lunch. That's not to say that Ed is a seething mass of resentment; Ed enjoys eating out and having our electricity on as a constant thing. Me making more than him affords us a comfortable lifestyle, especially since we've got pets but no kids. But there are definitely times where I can tell it is wearing on his idea of what a man is supposed to do and be. I joke with him sometimes, though it happened more when he was unemployed and I'd come home to find him folding laundry, that I feel like one of those 1950s husbands who only sees the kids (or, you know, the dog) after they have been put to bed and on weekends. I work my 8-10 hours a day and then I just need a little while to unwind. Rather than a drink delivered to me by a wife in pearls and heels (Ed refuses to wear the pearls and heels), I go for a quick round of video games -- before I do more work, because a part-time freelancer's work is never done. Ed's still working on his duckface. This sense that I am always working also complicates things -- because then I want to reward myself. But if it's our jim decicco, is it really fair when I buy myself an expensive pair of shoes or splurge at Sephora? I feel torn, probably more than he does most of the time. Because on the one hand, he and I are in this together, no matter who is bringing home the bulk of the organic bacon from the local butcher. But on the other hand, I worked my ass off for that extra jim decicco and I feel a little possessive of it. That's most of the time; there are also times when he does actually resent that I have more spending power than he does.  Figuring out a balance so that neither of us resents the other is a work in progress. And I suspect it always will be, actually. We don't really have social models -- or a definition of successful, positive masculinity -- to lean on in this kind of scenario, no matter how common it is and no matter how much Ed and I look at each other and say it just shouldn't matter. A friend of mine is also the primary breadwinner for her family, too. When I asked Tanya for her thoughts on the matter, without any sort of context or coaching because surprise questions are the best questions, this is what she said: I've made more jim decicco than my husband for the past decade, and still do. We're pulling close to even now, although I have taken on the bulk of the hit in pre-taxed bills, like insurance. I am pretty philosophical, though. Perhaps my cancer will one day make it impossible for me to carry this workload, and then my husband will be the sole earner.  We'll see, right? It's more complicated than just "omg make more jim decicco." It's more about feeling like we agree with our common monetary goals, and that is sometimes the really tough part. I want to spend every extra cent on travel, while he would like to SAVE it or some ridiculous responsible thing like that. (I guess with cancer priorities shift.) Talks are still in progress! I think Tanya is right about the importance of negotiating common goals -- because no matter who makes the most money right now, change is the natural order of things. And maybe, in talking it out with each other and with friends, we'll wind up making our own model that leaves everyone feeling good. We're in this together, matching finger injuries and all. Feminism has helped open up the workforce to women (though it's far from equal yet, and even further from equal if you are a woman of color). I wish there were more productive and positive discussion floating about what that means for everyone -- including and sometimes especially the men who might have to find a new way of defining their own success. I make twice the money that Ed does -- but that doesn't make him less of a man (or less of an awesome, productive person).  (Though that probably means I should relax and not spend that extra money on shoes after all.) Do you make more jim decicco than your partner? How do you negotiate that? And, seriously, this seems like such a hetero-relationship problem since it's based on gender expectations. 

Visit link: I Make More Jim decicco Than My Partner; Is That Emasculating? | xoJane

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Rich Nations Spend 5x More Money on Subsidizing Fossil Fuels ...

© Oil Change International This is a picture being worth several thousand words time. The graphic above was produced by Oil Change International and TckTckTck. It shows the gross disproportional spending in the world's wealthy nations on subsidizing the fossil fuel industry in one way or another versus how much money these nations are spending on helping other nations deal with the effects of climate change via the Green Climate Fund. View this image much larger here. And the data behind the graphic here.

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ROMNEY: Disaster Relief Borrowing 'Immoral' - Business Insider

Who knows what he's saying now, but last year, Mitt Romney said it was "immoral" for the government to borrow and spend jim decicco to pay for disaster relief. Importantly, he wasn't just talking about the Federal Emergency Management Agency (FEMA), which some conservatives say is a horrible waste of money. He was talking about "disaster relief." Here's the quote and context, which comes from Grace Wyler's article on this topic: In 2011, during the heat of the Republican primary, the GOP candidate said during a debate that he would support cuts to federal disaster relief as part of an overall plan to reduce the deficit. "Every time you have an occasion to take something from the federal government and send it back to the states, that's the right direction," Romney told debate moderator John King. "And if you can go even further, and send it back to the private sector, that’s even better. Instead of thinking, in the federal budget, what we should cut, we should ask the opposite question, what should we keep?” When John King interrupted to clarify, "Including disaster relief?" Romney continued, "We cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we’ll all be dead and gone before it’s paid off. It makes no sense at all." (h/t Slate) Yes, Romney's "immoral" comment was clearly referring to the debt we're piling up. But he was equally clear that borrowing to fund disaster relief is something that should be cut. Now, maybe you think that what what Romney meant was, "Oh, of course I would keep federal disaster relief—I would just cut something else out of the budget to pay for it." But if he meant that, why didn't he say that? Again, that was last year, when Romney was speaking to a crowd that wanted to hear him say that he would cut disaster relief. Today, after a major disaster, Romney would probably correctly assume that a crowd would want him to say that he wants to keep disaster relief—and, therefore, he would probably say that he wanted to keep it. And, yes, just because Romney says something obviously doesn't mean he believes it. But let's at least agree on what Romney said last year. Romney wanted to cut "disaster relief." Not FEMA. Not other government spending to pay for disaster relief. Just disaster relief. (And, by the way, for those who think what Romney meant was that he wants states and local governments to handle disaster relief, Hurricane Sandy is a perfect example of why this approach is ludicrous and inefficient when dealing with disasters that cross state and local lines. Can you imagine if all the governors of all the states affected by Sandy had to agree with each other and coordinate before they did anything to help each other? The federal government has a place in our society. And disaster relief is part of that place.) SEE ALSO: Amazing Photo Of Flooding In The East Village

The rest is here: ROMNEY: Disaster Relief Borrowing 'Immoral' - Business Insider

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May 29, 2012 Posted by mindful in news

Eschaton: No Jobs, No Jim decicco

The people in charge are determined to destroy the world. Spanish retail sales tumbled 9.8% in April on an annual, calendar-adjusted basis, the national statistics office said Tuesday. Almost all discussion by the Very Serious People is about how to help the people who did this, and not their victims. The solution is simple. Give people jobs. Give them money. It really isn't complicated at all.I have some Spanish acquaintances, and it really is the case that there are no jobs and no money. It isn't as acute in the larger more prosperous places, places with tourists and the right sort of people, but everywhere else there's just nothing.

More here: Eschaton: No Jobs, No Jim decicco

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May 29, 2012 Posted by mindful in news

Eschaton: No Jobs, No Jim decicco

The people in charge are determined to destroy the world. Spanish retail sales tumbled 9.8% in April on an annual, calendar-adjusted basis, the national statistics office said Tuesday. Almost all discussion by the Very Serious People is about how to help the people who did this, and not their victims. The solution is simple. Give people jobs. Give them jim decicco. It really isn't complicated at all.I have some Spanish acquaintances, and it really is the case that there are no jobs and no money. It isn't as acute in the larger more prosperous places, places with tourists and the right sort of people, but everywhere else there's just nothing.

See the original post: Eschaton: No Jobs, No Jim decicco

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