Archive | February, 2012

29 February 2012 0 Comments

GeneWeave Biosciences Attracts $12 Million in Venture Capital in Round Financed by Decheng Capital, Claremont Creek Ventures and X/Seed Capital

View full post on Venture Capital Access Online: Latest Venture Capital and Private Equity News

27 February 2012 2 Comments

What do you think about the Birk Economic Recovery Plan?

This is a little long, sorry, but I thought it was kinda funny how an “Average Joe” can make so much sense.

The Birk Economic Recovery Plan

Hi Pals,

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 bon-a-fide 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 billon 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 going 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!!

[clue: Before you accuse "you people" of being illiterate, please check your grammar and punctuation first.]

This was meant as a joke; obviously I placed it in the wrong place. My appologies.
Sorry typo, I meant apologies.

27 February 2012 1 Comment

Assistance proof reading? Do you see any changes to be made before we begin the printing process?

This will be on a business plan explaining the details/operations of what we expect to do. Its meant to give all the details while keeping it concise. Please help me by copy/paste and then any changes that need to be made if you could capitalize/bracket the corrected areas. I am open to any changes/suggestions/additions/etc. Thanks =)
*
*
*
*
Two oil and gas wells are slated to be drilled in succession with a single rig
during the months of February and March 2012, drilled to a maximum depth of
8,500 feet. 28 partnership shares are being offered at a purchase price of
$100,000 per share. Once all phases of the Subscription Amount is received and
accepted, the investors will acquire a 60% working interest in the well(s), please
see graphs on the business plan. Each individual share is entitled to a 1.9%
interest in each well. Except as otherwise agreed to by the Managing Partners,
the minimum Subscription of Shares by a prospective investor is one [unit]
$100,000. The Managing Partner has reserved the right, in its sole discretion, to
accept Subscriptions of more or less than one (1) unit. The Subscription Price
will be payable in full upon the execution of the Subscription Documents by a
prospective investor.

The Partnership is being formed to participate in the drilling of 2
Developmental Wells on a 160 acre parcel of land that abuts properties held by
large multinational oil companies which could accommodate up to 32 viable
well sites in subsequent phases. Future development would involve the use of
additional parcels – totaling 853 acres that we have leased over the last 20 years.
Up to 170 wells could be placed on the properties we’ve targeted. This first
piece of land has been identified as the best parcel on which to operate. Startup
shareholders will receive right of first refusal to invest in each future well site
the limited partnership undertakes, each in an amount up to the initial
investment. Future plans and development are projected to total 170 wells and
have an expected completion date of 2015.

26 February 2012 0 Comments

IBM provides $1 billion in financing to credit-qualified SMBs.wmv


Venture capitalist from Southboro Capital, IBM Business Partner Localytics and general manager of IBM Midmarket Business address the challenges of small to medium-sized businesses (SMBs) today. IBM also announces that it is providing $1 billion in financing through IGF to credit-qualified SMBs over the next 18 months. SMBs can use this financing to take advantage of advanced technologies such as cloud and analytics to drive innovation, become more efficient, and ultimately grow their business.

26 February 2012 0 Comments

IdeakickYVR3 – Idea 4


Vish Talreja – Idea: Angel investor looking for ideas to invest in

25 February 2012 0 Comments

Social Entertainment Leader Milyoni Secures $11 Million in Funding

View full post on Venture Capital Access Online: Latest Venture Capital and Private Equity News

24 February 2012 5 Comments

Here’s a real economic stimulus plan!?

Don’t know who came up with it….But I like IT!

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
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 billon 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 US Citizen 18 + including the folks
who lost their jobs at Lehmann 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 going to do an $85 billion bailout, let’s bail out every adult US 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, This plan only really costs $59.5 Billion because $25.5 Billion is returned
instantly in taxes to Uncle Sam.
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!!

24 February 2012 1 Comment

Venture Capital, Angel investors and Private Equity


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24 February 2012 4 Comments

What would you do with an unmotivated programmer?

A few years ago I started a small startup with a programmer friend of mine. We were able to get an investor to buy into what we were building.

My background isn’t programming, more marketing and project management for this. After all of this time, the piece of software we want to build still isn’t finished.

My friend not only owns a quarter of the business with me, he also draws a salary so he can work on this project full time. We’ve set multiple deadlines, as well as created proper road maps and project management collateral to ensure tasks are met.

Still, nothing is met, and the product launch has been put off by 4 months. Whenever I ask about dates, he has been taking a line of “it will be done when it’s done”.

I’m to the point where I don’t know what to do. On the one hand I’d fire any other employee who acted this way, but the situation is made harder since he has a stake in the company and also has all the source code.

So, what would you do in this situation?
Further info. The company is an LLC, everything was setup with a legal professional, so it will just be a pain extricating him from an ownership position.

I’m more worried about the source code for the software. He has all of the technical knowledge here, and I need to ensure that we can retain what’s been done, and also protect our assets (servers, hosting accounts, domains, etc.) from being maliciously attacked if he takes being let go too terribly.

22 February 2012 0 Comments

Magid Abraham and Ossama Hassanein Interview – Short Version on Vimeo.mp4


Dr. Magid Abraham, founder and CEO of comScore (NASDAQ: SCOR) in a fireside chat with Dr. Ossama Hassanein, Silicon Valley venture capitalist and Chairman of TechWadi (techwadi.org). Magid and Ossama discuss entrepreneurship in the Middle East, the need for outreach to the Arab world, and Harvard Arab Weekend 2011. Magid M. Abraham is an entrepreneur and expert on market research, consumer modeling, and information solutions. He has held several executive leadership positions throughout his career, two of which were within companies he founded. Abraham has authored articles in a variety of academic and industry journals, including the Harvard Business Review, Journal of Marketing Research, and Marketing Science. He is a frequent speaker at the marketing industry’s biggest conferences worldwide, discussing Internet industry trends and marketing subjects of vital significance. Ossama is an entrepreneur, mentor, and venture capitalist. Over the last 30 years, he has founded or chaired 8 successful startups, financed over 100 companies, and managed over $1B of invested capital across 14 venture funds. He has served on the Board of Advisors of Harvard University Center for Middle Eastern Studies and of UCSF Department of Ophthalmology, School of Medicine in San Francisco. He also served on the Board of Directors of Relief International. He is currently chairman of the board of the Egyptian American Society and of TechWadi, the largest network of Arab American high technology

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