Skip to main content

New Year’s Resolutions from Alexis Lakes

My good friend Alexis Lakes, CFO of RWI Ventures, kicks off the new year right with some New Year's Resolutions over at peHUB.

Alexis is a new VC blogger, and this is a great post.

Topics included:

  • HIDING THE DILUTION
    Resolve to never lose sight of ownership percentage and expected terminal value of your investment.

  • GOING ON HOPING SYNDROME
    Resolve to be bigger than your ego and do the right thing by your investors with respect to under-performing companies.

  • TAKING OVER PAYMENTS STRATEGY
    Small Fry: Resolve not to be star struck by big firms wielding crappy deals in hopes of getting on their holiday party invite list.
    Player: Um. Gee. If you can find a sucker to delay a fire sale of your company - possibly buy it a lottery ticket chance of success, what can I say? More power to you, as your actions benefit the company and your investors. Of course, I couldn’t do your job, that is for sure. I need my sleep.

  • DELEGATION DISASTERS (DDs)
    Resolve to trust your partners and to be worthy of their trust.


Thanks Alexis! And... Happy New Year!

Tags: , , , , , , ,

Comments

Popular posts from this blog

Bill Coleman Joins 3tera Advisory Board

I think this move surprised a number of people, since Bill recently wrapped up Cassatt Corproation, getting the technology and people  acquired by Computer Associates . However, I was not surprised at all. The announcement, via  3tera Welcomes Bill Coleman : You may or may not have seen the recent press realease.  Bill Coleman, IT/Silicon Valley luminary, Founder and CEO of BEA Systems, has joined 3Tera’s Advisory Board. Yes, this alone is a great testimonial to what we have accomplished in our field.  Getting dignitaries such as Bill does not come easy.  But here’s the best part - this has a lot more than just marquee value and I doubt that Bill would have joined us if that was the case.  Bill, especially since his most recent stint as Founder and CEO of Cassatt Systems, is an extremely knowledgeable visionary in the area of utility and Cloud Computing; and, data center automation. So, Bill will be extremely valuable, reviewing and tweaking both our business plans and techno

Kernel-based Virtual Machine hits Linux

Many congratulations to my good friend Moshe Bar and his team over at (stealth-mode startup) Qumranet . Techworld reports that the KVM (Kernel-based Virtual Machine) project has been accepted into the 2.6.20 version of the Linux kernel distribution. KVM is an Open Source kernel driver that basically allows a Linux kernel to host virtual machines, as plain old Linux processes, that can run Linux or Windows (or other x86-based operating systems). It runs only on hardware that support Intel's VT instruction set (which is fine) and will soon support the AMD-V instruction set as well. This is cool for a number of reasons. It's Open Source, released under the GPL. It basically turns the Linux that we all know and love into a "hypervisor". Linux-as-hypervisor makes sense because Linux already knows how to manage devices, memory, processes, multi-cores, etc. VMware ESX is, essentially, a "hypervisor" - a small kernel, built on Linux as it turns out, that

Big In Japan Open Sources Their Ruby On Rails Tools

The kind folks over at Big In Japan have graciously decided to Open Source the code they used to build their demo web sites . It's all Ruby on Rails code, and it's being released with a GPL license. The code trees being made available include: elfURL ~ URL Shortner FeedVault ~ OPML file storage FrankenFeed ~ RSS feed merger InstantFeed ~ RSS feeds via email QwikPing ~ Ping Server SocialMail ~ RSS via email Very cool. I just love the Open Source community . I have actually been writing some code of late, and it's great to have some reference code to check out. Not sure if I'm going to go with Ruby on Rails yet, however. And, for the record. I have no idea if this is big in Japan. Tags: Open Source , GPL , Ruby On Rails , Big In Japan , Brian Berliner , brianberliner