Due DiligenceTim Oren's notes and opinions on technology, venture investing, Silicon Valley, life, the universe and everything.VC related reading- September 8, 2004 Recommended: Seth Levine of Mobius guest blogs at Brad Feld's place, to explain the ins-and-outs of the VC jargon term 'pro rata'. An oldie but a goodie, Fred Dotzler's 2003 article on tips for VCs was recently reprinted in TechComm Journal. Good reading for entrepreneurs as well. How do you make yourself a better partner for VCs trying to apply these best practiceshttp://www.pacificavc.com/blog/2004/09/08.html#a678 Doppel-Arnies!- September 4, 2004 Thanks to Alan Little, my desire for Ahnuld stamps has been fulfilled. I'll bet he's the first sitting governator of a US state to end up on a European stamp! Alan sent these from his Alpine vacation, which included his 15 month old son summiting a peak (OK, with a little help from Dad). Congrats to the newcomer to the carabiner club, and I owe Alan a drink when he makes it to Kah-lee-for-nya!http://www.pacificavc.com/blog/2004/09/03.html#a677 Deepest Sympathies to the People of Baslem- September 3, 2004 What sorry excuses for humanity shoot children in the back Al Qaeda Arabs, at least in part. Barbarians, and fools. They are awakening the Russian bear: "We need to face facts: We're not conducting an anti-terrorist operation in Chechnya. We're at war with terror and terrorists. And special forces units don't win wars, the people do.... If people in the privacy of their own homes are talking about Alexei Yermolov's&176; strategy for waging war in the Caucasus -- clans as a whole were held...http://www.pacificavc.com/blog/2004/09/03.html#a676 Why Is Shareholder Liability Limited- September 2, 2004 Will Pate asks an interesting question: What is the best reasoning behind why shareholders have limited liability for a corporation's environmental and social costs Not on a case by case basis, but why it is the blueprint for the most powerful pillar of society and challenges sundry VCs to respond. The nature of the answer actually makes those of us in the trade well qualified, so here goes: Before getting to a specific answer, I'm going to set background by turning back the clock to the...http://www.pacificavc.com/blog/2004/09/02.html#a675 |