Archive | December, 2011
Open Angel Forum Colorado
Colorado’s first Open Angel Forum event took place last night in Boulder, CO. We had the opportunity to interview Jason Calacanis, founder of the event, and talk with a few of the presenters to get their comments about this new format.
Bailout please read and tell me what you think?
Subject: The Birk Economic Recovery Plan
I’m against the $85,000,000,000.00 bailout of AIG.
Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.
To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billion that equals
$425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny $1000.00 ( ‘vote buy’ ) economic incentive that is being proposed by one of our candidates for President.
If we’re goi ng to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!
As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a crazy idea that can ‘never work.’
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .
And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh…I feel so much better getting that off my chest.
Kindest personal regards,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
A renowned mathematician recieved a 7000 bonus to accept tenured at a university. She invested part of the?
bonus in fixed income securities yielding 10% annually. The rest of the bonus money was invested in the high tech startup expecting to yield 32% annually to its investors. how much was invested in the tech business if she expected to earn 19320 annually from her investment
how does an investment by a Private Equity differ from Venture Capitalist?
what is the method followed by both the parties?
i mean what is there style of investing?
Naval Ravikant interview @SFVentureSummit
I interviewed Naval after his talk @SFVentureSummit a couple of weeks ago. Naval Ravikant is an entrepreneur and angel investor, a co-author of Venture Hacks, and a co-maintainer of AngelList. Previously he was a co-founder at Genoa Corp (acquired by Finisar), Epinions.com (IPO via Shopping.com), and Vast.com (largest white-label classifieds marketplace). He’s also advised Bix.com, iPivot, and XFire, among others, and invested in many companies, including Twitter, FourSquare, DocVerse (sold to Google), Mixer Labs (sold to Twitter), Jambool (Social Gold), SnapLogic, PlanCast, Stack Overflow, Heyzap, and Disqus. Thanks to Alexander Blu for music ‘Concert’ www.jamendo.com For further info check out www.ezebis.com Distributed by Tubemogul.
Who likes this solution to financial woes?
This seems like a much better use of the government’s (our) money.
I’m against the $85,000,000,000.00 bailout of AIG.
Instead, I’m in favor of giving $85,000,000,000 to America in a “We Deserve It Dividend.”
To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up.
So divide 200 million adults 18+ into $85 billon that equals $425,000.00 each.
My plan is to give $425,000 to every person 18+ as a “We Deserve It Dividend.”
Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife have $595,000.00 in their pockets.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U S Citizen 18 + including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back… And of course, for those serving in our Armed Forces.
I didn’t say it was real, I just want to know how you like it. I like it in theory, but in reality it would never work.
Ann Miura-Ko: The Entrepreneurship of Venture Capital
Ann Miura-Ko shares the origin story of FLOODGATE Fund, where she is a co-founding partner with angel investor Mike Maples. In this poignant clip, Miura-Ko shares how she decided to step into investing when she saw that FLOODGATE could make a meaningful and innovative impact on the venture capital industry. Miura-Ko also shares some important value-driven moments from her career, and her ingrained need to be world class at every possible turn. View more clips and share your comments at ecorner.stanford.edu
Need Startup Cash for Business?
Where would I find investors for start up cash for business. Not much needed and willing to setup a good return.
