5 Reasons Why Your Dream Business Is A Venture Capitalist's ...

Crowdfunding 101: The Basics

Chance Barnett
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Investing in a Company? Ignore a CEO.

Josh Linkner
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7 Reasons Why Venture Capitalists Will Hate Your Idea

Josh Linkner
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The Street
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Restaurant (Photo credit: Wikipedia)

Getting a business off a belligerent takes a good idea, a high-quality team, a boatload of passion, lots of?hard work, and an distillate of capital. Whether that collateral comes from a try investor, a micro grant, a bank loan, a line of credit, your personal savings, or crazy Uncle Charlie, it?s a must-have. The initial doubt a new CEO contingency solve is where to secure a indispensable capital. Many people consider of try capitalists first, yet in reality, many concepts and business skeleton that lead to amazing, essential businesses make for officious awful VC investments.

LIFESTYLE BUSINESS. A city isn?t a city yet a restaurants, yoga studios, hair salons and other lifestyle businesses that conclude neighborhoods and settle particular flavors for any district. All of these establishments are essential ? not usually to their congregation yet also monetarily to their owners. Many of these businesses will go on to turn bullion mines; however, they miss scalability, a essential member to any try deal. A try businessman will consider her ability to grasp a minimum 10x lapse on an exit, that many lifestyle businesses aren?t means to achieve.

LACK OF URGENCY. A try businessman is fixation a vast play on a company, so a founder?s ability to dispatch is paramount. Oftentimes, this ability to get things finished is exhibited by knowledge ? in a midst of adversity, a good leader finds a approach to make it work and still triumph, rising above obstacles. Young founders (who haven?t determined a lane record of success yet) can benefaction a try businessman with a conundrum: they?ve got no explanation of longevity, yet move uninformed perspectives and lively that can transcend a unawareness in certain cases. The loyal spike in a coffin here is conservatism ? personification it protected and stagnating with any pointer of success. To truly make an impact, a company?s leader should use success as a matter to set a bar that most higher, stability to innovate and improve, rather than accept a standing quo.

LIMITED MARKET SIZE. Think of a set of concentric circles, representing intensity business for your new business. Jared Stasik, a DVP associate, utilizes an absurd example, clearly illustrating this pivotal concept. First, prognosticate all a people in a world. Then, all a people with pets. Next, all a people with hamsters. One some-more step to people with hamsters that usually have 3 legs. Now, if your business involves prostheses for hamsters, you?ve got a good possibility to constraint a vast commission of this market, apropos a widespread player. However, a marketplace itself for consumers with three-legged hamsters nicknamed ?Tripod? peaceful to deposit in a prosthetic prong for their pets is inherently little ? in fact, too tiny to beget a 10x return, most like lifestyle businesses. The marketplace share commission you?d need to constraint varies widely from one business to another, yet a marketplace in assemblage has to be vast adequate that your cut of lemon creates a extract estimable of a squeeze.

LACKLUSTER GROWTH. Typically, a try account is open for 7 years, requiring a lapse to a singular partners after 10 years. Because of this fiduciary shortcoming to investors in a fund, a try businessman contingency have deals tighten within this ten-year span. For example, rural businesses are not a good fit for a VC firm: initial year involves clearing a land, afterwards planting, afterwards 5 years of initial growth, afterwards initial crops and steady cyclically for years to come until a plantation would be essential adequate to lapse an investment, potentially decades from that point. With singular partners awaiting their payouts, it?s unfit for a VC to wait around for 20 years to watch a business grow.? Again, this doesn?t meant farms aren?t extraordinary businesses.? They mostly are.? They are usually not a right fit for a VC.

LONE WOLF. A association contingency fit into a VC?s investment thesis. If it doesn?t match, that organisation won?t account it ? yet it?s not to contend another financier wouldn?t account it. For example, Detroit Venture Partners (my firm) utilizes an all-digital devise to deposit in early theatre companies committed to a city of Detroit. ?If an businessman comes to us with an earth-shattering thought in pharma or immature energy, they will accept a astonishment and admiration, yet not a check. When singular partners deposit in a try fund, they radically give a try capitalists giveaway power to play their income ? regulating a devise set onward in a singular partnership agreement. Because of this contract, VCs are compulsory to hang to this jointly pre-determined devise and are contractually prevented from carrying even one sole wolf in their portfolio, no matter how voluptuous that wolf might in fact be.

Funding is one critical square of a outrageous nonplus when starting a association and removing it off a belligerent ? it is mostly what allows a other pieces to tumble into place.. If you?re gung ho about opening a restaurant, that?s extraordinary news. While we can?t wait to eat there, we won?t be appropriation it.

Might be time to phone Uncle Charlie.

For some-more discernment on creativity and innovation, revisit JoshLinkner.com.

Source: http://www.thaibusinessleader.com/5-reasons-why-your-dream-business-is-a-venture-capitalists-nightmare/

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Are you big into car games? - Playstation 3 game console review

One of the most fun kind of video games to play are the car games . It gives a feel of putting you in the driver seat as you can do a number of things you can?t normally do in real life. You can do espionage on certain car games or be in hot pursuit of your opponent. Or you?ll simply go way over the speed limit and head straight down a track.

A site called racingtop has a myriad of games you can choose from that don?t focus solely on racing, but just great car games in general. You can play truck games that more about wreaking havoc such as monster truck rallies. Urban Crusher 2 is the perfect example of destroying what?s in your path and taking over. It?s a lot of fun to play and the graphics are pretty solid. You should definitely check that one out.

Another cool game you should check out is Top Drifting. If you are into more race car and drifting types of titles, you should definitely take a good look at this one. Drifting is becoming a more mainstream sport. After the movie ?The Fast and the Furious: Tokyo Drift? was released you can only imagine the impact it had on not only the race world, but the gaming world as well.

Maybe you are more into obstacles. Well, Stunt Dirt Bike is an excellent game to test your reflexes because you need to dodge logs and other items in your way of clearing the level. It?s very fast paced and you?ll develop some good coordination.

As you can see, there are a number of awesome titles ready to play in your own time. I?ve only named less than a handful of the endless titles you?ll see on Racing Top. Check out the site for more info and start playing now!

Source: http://playstation3gameconsole.com/are-you-big-into-car-games-check-out-racing-top/

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Eric Fehrnstrom: Mitt Romney Tax Returns 'Not An Issue'

Mitt Romney advisor Eric Fehrnstrom brushed off inquiries into the presumptive Republican presidential nominee's tax returns Sunday, telling CNN that ?taxes are not an issue."

"Mitt Romney has said he'll put out two years of tax returns, he put out his 2010 return, hundreds of pages of tax return information that?s on the website," Fehrnstrom said on "State of the Union."

"He?ll put out his 2011 returns once it's complete and filed," he said. "He's had financial disclosures going back to 2002 when he was governor of Massachusetts, those too can be found on Mitt Romney's website."

While Romney has released tax returns from 2010 and estimates from 2011, members of both parties have urged him to make a more comprehensive disclosure.

Those calls have been amplified in recent weeks after Senate Majority Leader Harry Reid (D-Nev.) told The Huffington Post in an interview that a Bain Capital investor told him that Romney "didn't pay any taxes for 10 years."

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Source: http://www.huffingtonpost.com/2012/08/19/eric-fehrnstrom-mitt-romney-tax-returns_n_1806685.html

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Stroke disrupts how brain controls muscle synergies

ScienceDaily (Aug. 20, 2012) ? The simple act of picking up a pencil requires the coordination of dozens of muscles: The eyes and head must turn toward the object as the hand reaches forward and the fingers grasp it. To make this job more manageable, the brain's motor cortex has implemented a system of shortcuts. Instead of controlling each muscle independently, the cortex is believed to activate muscles in groups, known as "muscle synergies." These synergies can be combined in different ways to achieve a wide range of movements.

A new study from MIT, Harvard Medical School and the San Camillo Hospital in Venice finds that after a stroke, these muscle synergies are activated in altered ways. Furthermore, those disruptions follow specific patterns depending on the severity of the stroke and the amount of time that has passed since the stroke.

The findings, published this week in the Proceedings of the National Academy of Sciences, could lead to improved rehabilitation for stroke patients, as well as a better understanding of how the motor cortex coordinates movements, says Emilio Bizzi, an Institute Professor at MIT and senior author of the paper.

"The cortex is responsible for motor learning and for controlling movement, so we want to understand what's going on there," says Bizzi, who is a member of the McGovern Institute for Brain Research at MIT. "How does the cortex translate an idea to move into a series of commands to accomplish a task?"

Coordinated control

One way to explore motor cortical functions is to study how motor patterns are disrupted in stroke patients who suffered damage to the motor areas.

In 2009, Bizzi and his colleagues first identified muscle synergies in the arms of people who had suffered mild strokes by measuring electrical activity in each muscle as the patients moved. Then, by utilizing a specially designed factorization algorithm, the researchers identified characteristic muscle synergies in both the stroke-affected and unaffected arms.

"To control, precisely, each muscle needed for the task would be very hard. What we have proven is that the central nervous system, when it programs the movement, makes use of these modules," Bizzi says. "Instead of activating simultaneously 50 muscles for a single action, you will combine a few synergies to achieve that goal."

In the 2009 study, and again in the new paper, the researchers showed that synergies in the affected arms of patients who suffered mild strokes in the cortex are very similar to those seen in their unaffected arms even though the muscle activation patterns are different. This shows that muscle synergies are structured within the spinal cord, and that cortical stroke alters the ability of the brain to activate these synergies in the appropriate combinations.

However, the new study found a much different pattern in patients who suffered more severe strokes. In those patients, synergies in the affected arm merged to form a smaller number of larger synergies. And in a third group of patients, who had suffered their stroke many years earlier, the muscle synergies of the affected arm split into fragments of the synergies seen in the unaffected arm.

This phenomenon, known as fractionation, does not restore the synergies to what they would have looked like before the stroke. "These fractionations appear to be something totally new," says Vincent Cheung, a research scientist at the McGovern Institute and lead author of the new PNAS paper. "The conjecture would be that these fragments could be a way that the nervous system tries to adapt to the injury, but we have to do further studies to confirm that."

This is the first time that fractionation of muscle synergies identified by factorization has been seen in chronic stroke patients, says Simon Giszter, a professor of neurobiology and anatomy at Drexel University. "It raises the question of how this occurs and if it's a compensatory process. If it is, we can use this measurement to study how the recovery process can be accelerated," says Giszter, who was not involved in this study.

Toward better rehabilitation

The researchers believe that these patterns of synergies, which are determined by both the severity of the deficit and the time since the stroke occurred, could be used as markers to more fully describe individual patients' impaired status. "In some of the patients, we see a mixture of these patterns. So you can have severe but chronic patients, for instance, who show both merging and fractionation," Cheung says.

The findings could also help doctors design better rehabilitation programs. The MIT team is now working with several hospitals to establish new therapeutic protocols based on the discovered markers.

About 700,000 people suffer strokes in the United States every year, and many different rehabilitation programs exist to treat them. Choosing one is currently more of an art than a science, Bizzi says. "There is a great deal of need to sharpen current procedures for rehabilitation by turning to principles derived from the most advanced brain research," he says. "It is very likely that different strategies of rehabilitation will have to be used in patients who have one type of marker versus another."

The research was funded by the National Institutes of Health and the Italian Ministry of Health.

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The above story is reprinted from materials provided by Massachusetts Institute of Technology.

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Journal Reference:

1. Vincent C. K. Cheung, Andrea Turolla, Michela Agostini, Stefano Silvoni, Caoimhe Bennis, Patrick Kasi, Sabrina Paganoni, Paolo Bonato, and Emilio Bizzi. Muscle synergy patterns as physiological markers of motor cortical damage. PNAS, August 20, 2012 DOI: 10.1073/pnas.1212056109

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/rpqEdi5QLH0/120820161101.htm

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Afghan Officer Kills 2 U.S. Troops

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Source: abcnews.go.com --- Friday, August 17, 2012
An Afghan policeman turned his weapon on U.S. Troops today, killing two soldiers in Western Afghanistan, the latest incident in a deadly two-week span for U.S. forces. ...

Source: http://feeds.abcnews.com/click.phdo?i=12b00417020f6331a1b87445d5b455ab

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Trust in management key to avoiding correctional staff burnout

ScienceDaily (Aug. 17, 2012) ? Correctional facility employees who trust supervisors and management are less likely to experience job burnout, a Wayne State University researcher has found.

"Trust builds commitment and involvement in the job," said Eric Lambert, Ph.D., professor and chair of criminal justice in the College of Liberal Arts and Sciences, "but lack of trust leads to burnout and stresses people out."

A correctional facility employee himself before becoming an academic, Lambert developed his study of staff members at a private Midwestern juvenile detention facility after learning that only two other researchers have tried to address the effects of trust in such a setting. Titled "Examining the Relationship Between Supervisor and Management Trust and Job Burnout Among Correctional Staff," the results were published recently in the journal Criminal Justice and Behavior.

Lambert's team defined burnout as consisting of emotional exhaustion, depersonalization and feelings of being ineffective at work. They surveyed 200 respondents, who ranged in age from 19 to 68 years old and had been on the job from one to 53 months, to find out if trust in supervisors and in higher management had any effect on each of those characteristics.

Researchers indeed found that higher trust levels almost across the board resulted in lower reported burnout characteristics in employees. The only exception was the effect of trust in management, which seemed to have no bearing on how employees perceived their effectiveness on the job. Lambert said that might be because higher level managers are too far removed from day-to-day operations to have much interaction with employees.

Employees who trusted their supervisors, however, saw themselves as more effective at work. But the disparity in trust and perceived work effectiveness doesn't mean management should be ignored in the workplace, as it still is associated with dimensions of burnout, Lambert said.

"This suggests the need to increase both forms of trust in the correctional workplace, and not to ignore one or both," he said.

While trust is important in any work setting, Lambert said it's especially so in corrections because of the high level of personal contact.

"Prisons need human beings to operate," he said. "You cannot use machines; it's not like an assembly line. Everything you deal with involves interaction with inmates, co-workers and supervisors."

Lambert said his study opens the door for trust research at other types of correctional facilities, but believes the findings will translate and affirm the role of trust levels as a key factor in burnout. The next step -- which can be taken without costing a lot of money or resources -- is for correctional facilities to develop ways to build trust.

Responsibility for that process, he said, lies with supervisors and higher level administrators, who can accomplish it by holding themselves to high ethical standards and being genuinely considerate and concerned for employees' welfare. Listening and allowing staff input into their jobs and organization is another way to build positive relationships.

Trust also can be built by focusing on organizational justice, which researchers say comprises two aspects, distributive justice and procedural justice. The first refers to perceptions of fair and just organizational outcomes, such as pay, promotions, evaluations, assignments, workload, rewards and punishments. The second refers to perceptions that processes and procedures used to reach those outcomes are fair, just and transparent.

If that sounds similar to other situations, Lambert said, it's because the principles are the same.

"Trust is a basic human need," he said. "It's part of the foundation of any good relationship, whether it's work, romantic or social."

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Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/rMSOb8gRNbI/120817151523.htm

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Half Off Mexican Food and Drink ? bevbucks.com | COSN - Coupons ...

Come in and experience authentic Mexican and Nuevo Latino cuisine. Youll feel like youve crossed the border when youre washing down your shrimp tacos with a refreshing margarita or our famous Sangria. Step out of your busy day, slow down and relax with us. Its always a fiesta at Rancho de Pancho.

Source: http://www.cosn.net/half-off-mexican-food-and-drink-bevbucks-com/

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