March 2010
62 posts
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I’ve still got what it takes to take what they got.
– Fred G. Sanford
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Four VC Firms Battle For Foursquare, Valuation... →
sawickipedia:
rafer:
gbattle:
tedr:
rafer:
Rafer sez: @denniscrowley Get the winner to give up their presumed pro rata rights, board seat, and preferences entirely, and cut them a break on valuation. You won’t regret it.
Ted says: @dens Pick the one that gets 4sq the most ;) (oh, and get rafer’s terms too ;) [Tea leave reading: if this is 4sq, then excellent choice!]
gbattle sez:
...
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Four VC Firms Battle For Foursquare, Valuation... →
tedr:
rafer:
Rafer sez: @denniscrowley Get the winner to give up their presumed pro rata rights, board seat, and preferences entirely, and cut them a break on valuation. You won’t regret it.
Ted says: @dens Pick the one that gets 4sq the most ;) (oh, and get rafer’s terms too ;) [Tea leave reading: if this is 4sq, then excellent choice!]
gbattle sez:
Pick the one who is really cute! :-P
...
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Let’s say that someday technology will allow anybody to find out every...
– Scott Adams, Dilbert creator
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They are sitting on gold but drilling for oil.
– Me, just now, over GTalk regarding a certain web property’s monetization strategy.
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The iPhone vision of the mobile Internet’s future omits controversy, sex, and...
– Tim Bray, co-inventor of XML, recently hired Android “Developer Advocate” for Google.
+1.
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VC is More Like Chess Than Poker
You missed a huge part of the analogy between any type of investing (in this case VC) and poker - sizing your bets according to the risk/uncertainty, also known as conviction - what stage are you in, pre-flop, turn, river, and what betting position are you operating from, on the marker, big blind, little blind, etc.
However, given the time horizon in venture, I don’t believe poker is the...
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Facebook Lauches Payments Between Friends Service →
So, we have Facebook throwing their hat in the ring with Buxter. I should have figured this when I saw “Credits Balance” under the Accounts menu (might @ikirigin ex-Tipjoyster-cum-Facebooker be behind this?). Given this move and others like it - Apple baking in micropayments to the iPhone API, PayPal’s Adaptive Payments, Twitter Maestro @jack’s Square, and my good friend...
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