One of my favorite sites, gets additional funding.
Just a quick note that one of my favorite sites has received an additional $10M in their piggy bank…
{ Daily Archives }
October 6th, 2006
Social networking and monetization….
Here is one VC’s prediction that the next monetization of social networking will come around very targets social networks. He proposes the example of marrying blogging and podcasting sites with commerce and uses wine as an example…
Here is a VC’s response to the why He uses a draft term sheet.
“I’m ready to do a deal on the valuation we’ve discussed, now lets talk about the details of what the transaction would look like and if we agree, let’s sign and move to the next step.”
Is a “draft” term sheet a hedge?
Here is one former VC and lawyer’s take, she argues that a draft term sheet means either the pre-money value expectation of the company is too high, or the VCs are hedging.
I think that it also could be used as a tool to surface issues or educate a young management team on all the twists of a deal.
U.S. pushes Russia in WTO talks to close mp3 Web site
from reuters.com
This is a testament to the power of the RIAA in the US government and the Russian mob in Russia’s government. Ultimately it will come down to which group can have the most pull over their respective government.
WASHINGTON (Reuters) - Russia should shut down a pirate music Web site that is robbing U.S. recording companies of sales if it wants to become a member of the World Trade Organization, the top U.S. trade official said on Wednesday.
“I have a hard time imagining Russia becoming a member of the WTO and having a Web site like that up and running that is so clearly a violation of everyone’s intellectual property rights,” U.S. Trade Representative Susan Schwab told reporters after a speech to a services industry organization.
Sun CEO Wants to Blog Freely
From latimes.com
I think that this is a sign of how far and important blogging has come in the tech community and I believe is a trend that will continue in other sectors as well.
The tech firm’s chief asks the SEC to tweak disclosure rules so he can break company news in his online diary.
Sun Microsystems Inc. Chief Executive Jonathan Schwartz has asked U.S. regulators to relax corporate disclosure rules so he can announce company news on his personal blog.
“If we have material news to disclose, we have to hold an anachronistic telephone conference call or issue an equivalently anachronistic press release,” Schwartz wrote in his online diary Monday. “I would argue that none of those routes are as accessible to the general public as a blog, or Sun’s website.”