One man's opinion on Venture Capital Basics
What lessons have we learned?
Submitted by jpark on Tue, 10/13/2009 - 05:35How does a company that has survived the past year handle it? Are
there lessons learned over the past year? And what are they?
there lessons learned over the past year? And what are they?
Do you chalk up everything that happens and call it an "extraordinary"
time and ignore it? No.
These black swan events, or one time incidences are going to repeat.
For the same reason you don't cancel flood insurance the day after the
100 year flood, you don't ignore the lessons of this past year.
NYTimes: Credit Vise Tightens for Small Businesses
Submitted by jpark on Tue, 10/13/2009 - 05:15From The New York Times:
Credit Vise Tightens for Small Businesses
Lenders are waiting to take losses in commercial real estate and
credit cards before loosening up money.
http://www.nytimes.com/2009/10/13/business/smallbusiness/13lending.html
This is the new normal. Banks are not lending. They need the money in
reserve for the loan losses they know are on the books. No one who has
commercial or real estate loans out right now can feel comfortable.
Dallas funds are closing
Submitted by jpark on Tue, 10/13/2009 - 04:19From the wall street journal
http://online.wsj.com/article/SB125530238070179117.html
http://online.wsj.com/article/SB125530238070179117.html
But it is not just Dallas funds that are closing. All around the
country, regional funds are closing. Any fund that hasn't been able to
show a good return is getting no interest from institutional
investors.
Lack of sleep deadly
Submitted by jpark on Mon, 10/12/2009 - 03:44US News on lack of sleep
Evidence on the dangers of not enough sleep. It is hard enough to get through and run a start-up. Putting yourself behind by not getting enough sleep makes it harder to succeed.
Evidence on the dangers of not enough sleep. It is hard enough to get through and run a start-up. Putting yourself behind by not getting enough sleep makes it harder to succeed.
Green building event at the Swiss embassy
Submitted by jpark on Wed, 10/07/2009 - 16:40It was an interesting event. Education on green buildings and the
differences in criteria between the united states and EU. How homes
that would be LEED certified in the US would not be allowed to be
built in some other countries.
differences in criteria between the united states and EU. How homes
that would be LEED certified in the US would not be allowed to be
built in some other countries.
Jean-Luc Park
Cleantech be the next big thing?
Submitted by jpark on Tue, 10/06/2009 - 20:34MSNBC proclaiming that Cleantech is the next big thing
By the time the mainstream press gets in on it, it is time for the early stage VC to move on.
We knew this day was happening, and it's come.
Not to say there isn't money to be made. Only that it won't be made by the early stage folks, not in this space.
Time to transition and move to a different sector.
By the time the mainstream press gets in on it, it is time for the early stage VC to move on.
We knew this day was happening, and it's come.
Not to say there isn't money to be made. Only that it won't be made by the early stage folks, not in this space.
Time to transition and move to a different sector.
NYTimes: Southeast Drought Study Ties Water Shortage to Population, Not Global Warming
Submitted by jpark on Mon, 10/05/2009 - 07:32From The New York Times:
Southeast Drought Study Ties Water Shortage to Population, Not Global Warming
Researchers also concluded that rapid population growth was more responsible for the severe water shortages than rainfall patterns were.
http://www.nytimes.com/2009/10/02/science/earth/02drought.html
Southeast Drought Study Ties Water Shortage to Population, Not Global Warming
Researchers also concluded that rapid population growth was more responsible for the severe water shortages than rainfall patterns were.
http://www.nytimes.com/2009/10/02/science/earth/02drought.html
CNN article on melting Himalayan glaciers
Submitted by jpark on Mon, 10/05/2009 - 07:28CNN's article on what is a known problem among certain circles. As the problem gets worse, we will start to see the impact. When we already have 3 nuclear equipped nations looking at the same source of water, and blaming each other for taking it, it is a challenge. When 2 of those countries are among the most populous in the world, it bodes for a long and challenging solution.
We haven't seen
From Yahoo, WSJ article on fewer start-ups
Submitted by jpark on Fri, 10/02/2009 - 06:04Here's something that wasn't mentioned in the article. Most of those start-ups fail.
Most start-ups fail, no matter when/where/who factors are invovled.
So the fact that there are fewer start-ups
Salon and Robert Reicht on unemployment and debt
Submitted by jpark on Fri, 10/02/2009 - 05:58Here's the challenge. When times were good, the government failed to pay down debt, and instead kept spending, federal/state/city the budgets were written and the money spent. The dicipline to pay back the debt seems to be missing.
I agree that unemployment will continue to rise.
The challenge with the US Fed being able to keep buying up product in order to bring back the economy is that in a global net
