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jpdoctor
searching PlanetScale…
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86 ms
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781.
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jpdoctor
15y ago
It's pretty clear that pge is also a VC.
782.
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jpdoctor
15y ago
Since you're a VC, you might do well to write an article explaining what the VC hit rate is (so they understand the percentages), IRRs, and what the carry and take are. It would help young entrepreneurs understand exactly how you are making
783.
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jpdoctor
15y ago
Yes the second article is about the appeal. UCal did not wish to be kicked out of Sequoia funds so they played up the internet bubble funds to present to the judge. It was the disclosure on negative IRRs that led to the first article that
784.
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jpdoctor
15y ago
Re 1: You have not heard that saying from Sequoia? Re 2: Linked elsewhere, but again here wrt negative IRRs http://www.matrixpartners.com/site/press_detail/63/ And the lawsuit ISTR that resulted from that article: http://www.university
785.
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jpdoctor
15y ago
We look forward to your table of % returns. Edit: Sorry jfarmer, it doesn't let me reply below. As far as never having seen negative IRRs, this is old but is out in the open http://www.matrixpartners.com/site/press_detail/63/
786.
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jpdoctor
15y ago
I had forgotten that Sequoia terminated UCal from their funds for disclosing their returns. http://www.universityofcalifornia.edu/news/article/9917
787.
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jpdoctor
15y ago
> you'd better be right Did I get wrong 1. hit rate, 2. negative IRRs or 3. the take? > Practically all But not all .
788.
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jpdoctor
15y ago
> The challenge is to find a VC who can improve your valuation by more than the percentage they take. And considering that their IRR's are negative (they're not even making money for their limiteds), which VCs would that be?
789.
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jpdoctor
15y ago
> Something tells me there’ll be a few drinks sunk in Bar Music Hall tonight. As I've said before: The fact that people "celebrate" a funding event is really bass-ackwards when you think about it. It says that the company couldn't fig
790.
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jpdoctor
15y ago
Consumer Reports was way ahead of their time. Any site that accepts advertising is automatically tainted. (CR never takes advertising.) Yelp wants its reviews to be believed and for establishments to pay for advertising. Maybe they're goo
791.
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jpdoctor
15y ago
> IMO using the first approach you concede that you aren't skilled enough to meaningfully evaluate the previous work/ skills Only to those who confuse a test on details with ignorance of a field. There is a wonderful scene in The Seve
792.
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jpdoctor
15y ago
Nonsense. Game companies cater to those that are the most profitable. Oh wait.... Nevermind.
793.
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jpdoctor
15y ago
> If you needed someone to build your house, which method would you choose? Both. The first method provides better protection against talented bullshitters, the second provides better insight into the candidate's work. There is nothi
794.
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jpdoctor
15y ago
How are you dealing with the legal bills? Do you have a team of lawyers, or a legal background as well (I see you went to Stevens Institute, so I'm guessing you have an engineering background.) Many thanks.
795.
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jpdoctor
15y ago
> Raising VC is good for some businesses As said before: The fact that people "celebrate" a funding event is really bass-ackwards when you think about it. It says that the company couldn't figure out how to grow without bringing in a
796.
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jpdoctor
15y ago
> If people want to pay for 24/192, and even he just admitted that they will legitimately enjoy it more, how can you conclude there is no point? Sorry, no time to reply. I gotta run and write up my biz plan to distribute 32/384 audio
797.
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jpdoctor
15y ago
> I'm worried that in offering term sheets after a single 60 minute meeting, and in pricing early stage deals like they were already late-stage successes and most egregiously by constantly running around self promoting and self aggrand
798.
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jpdoctor
15y ago
> and knowing their [VCs'] past behavior So given the complicated web of legal documents from the exits of folks that have been screwed over, how would you find the worst cases?
799.
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jpdoctor
15y ago
If you ever find yourself in Santa Monica, the beer is on me.
800.
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jpdoctor
15y ago
> Light with spin or orbital angular momentum can be used to make these small object rotate! Thank you, that was exactly the effect I was looking for. Any links handy? Fascinating stuff, this from an old microwave-digital guy.
801.
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jpdoctor
15y ago
> orbital angular momentum Under what circumstance can you change the OAM in order to exert a torque? (or maybe vice-versa: What is an example of torque exerting a change in OAM on the wave?) TIA.
802.
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jpdoctor
15y ago
The arxiv paper quoted therein: http://arxiv.org/pdf/1101.6015v1.pdf I, for one, think this is neat stuff. (Practicality might well be a different matter.) Poynting himself mentioned the angular momentum present -- From the arxiv paper:
803.
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jpdoctor
15y ago
How much do you think a founder will walk away with if a company goes public, on average? Now compare that to, say 33% ownership of a profitable company doing $50M. You will be surprised at the result.
804.
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jpdoctor
15y ago
Nice article, but I was amused by this: > If it takes too long to turn a profit, as a bootstrapped company you're dead in the water. I love how it's now an assumption that VC-funded companies will not be profitable until they're flipp
805.
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jpdoctor
15y ago
> and they usually have a lot more to loose from violating it than what they could gain from cheating like this. No they don't. That's the problem. Apparently there are not a lot of folks here who have spent time on the other side of
806.
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jpdoctor
15y ago
> Google's terms of use prevent them from having humans read your data. Given the choice of 1. spending a few zillion dollars on a lemon of a startup and 2. violating terms-of-use behind your back do people really believe 1. over 2. i
807.
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jpdoctor
15y ago
Given that Google might acquire your company, why would you want to provide it with 100% of your sales, support and bug tracking information?
808.
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jpdoctor
15y ago
> I'd make sure the press release saw some circulation. A bunch of it was laid by ATT, which then got bought by Tyco. The entry of that NJ HQ building was wild: It had pics of the ships used to maintain the cables. (When the cable n
809.
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jpdoctor
15y ago
> it would involve an ugly fight, with a lot of ugly accusations. I gave up the fight. Why did ugly accusations frighten you away from the fight? It might be what they were counting on, in fact.
810.
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jpdoctor
15y ago
Yes. The fact that people "celebrate" a funding event is really bass-ackwards when you think about it. It says that the company couldn't figure out how to grow without bringing in a bunch of financiers, who have a low hit rate (3 go north,
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