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So A Blogger Walks Into A Bar…

So A Blogger Walks Into A Bar…
Yesterday I was tipped off about a “secret meeting” between a group of “Super Angels” being held at Bin 38, a restaurant and bar in San Francisco. “Do not come, you will not be welcome,” I was told. So I did what any self respecting blogger would do – I drove over to Bin 38, parked my car and walked in. in the back of the restaurant in a private room was a long oval table. Sitting around the table, Godfather style, were ten or so of the highest profile angel investors in Silicon Valley. I certainly didn’t think anything was amiss and I expected a friendly hello and an invitation to sit down for a drink or two before being shooed off while they talked about whatever they thought should be kept off record. Me: Hey! I’ve never seen a more guilty looking group of people. This group of investors, which together account for nearly 100% of early stage startup deals in Silicon Valley, have been meeting regularly to compare notes. So what’s wrong with this? This isn’t minor league stuff.

Regarding That Facebook Phone That Still Isn't Being Developed It's been four days since Facebook denied rumors that a Facebook phone was in development. We still believe that the social networking giant doesn't currently have a branded mobile device in the works, but it's worth re-examining the situation. TechCrunch yesterday conducted a thorough interview with Facebook Founder and CEO Mark Zuckerberg regarding the rumor. A crucial part of the discussion occurs when Zuckerberg says: "…we invest differently in different platforms depending on how big they are, and how many users are there. The statement is a concise overview of Facebook's current approach to mobile, especially as it pertains to hardware. The story should have ended there — but, of course, it didn't. Bloomberg's report was enough to make TechCrunch question its own interview with Zuckerberg. When INQ Mobile released the INQ1 back in December of 2008, the level at which Facebook was integrated led many at the time to describe it as "the Facebook Phone."

How to invest in the coming app bubble - The Cody Word By Cody Willard AppConsumer editor-at-large, Nathania Johnson published a great rebuttal today to an article provocatively titled, “Mobile apps and why they have no future.” She goes through author Rob Ford’s piece bullet point, by bullet point here, and I want to hit on one of her points because every tech investor needs to be thinking about this right here, right now as we enter our App Future. “Apps are like the Internet in the 90s.” Uhh, hello! And as I’ve said many times in the last few months and as I’ll say many more times in coming months, didn’t the Internet change everything? Don’t you think you want to get in front of the app revolution because it’s very, very likely to turn into an app bubble, just like the Internet Revolution went through its own bubble phase? Do you remember the PC Revolution and how it bubbled and how hundreds of companies were created, built into mini-juggernauts and then flamed out? Do you see how all those revolutions played out similarly?

Scaling the Microfinance Debate Guidelines for potential angel investors (Editor’s note: Will Herman is an entrepreneur who has founded or held senior roles in several tech companies.This story originally appeared on his blog.) I did my first angel investment in 1994 and I’m now in the process of wrapping up my 31st (individually, that is, not as part of a fund). It’s also my third in the past six months. I’ve probably done about 30 more as a limited partner in seed funds and incubators along the way as well. All in, that probably makes me a second tier angel investor, at least in terms of deals done. Third tier if you count the “super angels” who have knocked off hundreds of deals in shorter periods of time. I invest because I have a blast doing it. The difference between a second tier the first tier guys and investor like me (other than brains and talent) is the first tier investors actually work at finding investments. Fortunately, I’ve been moderately successful with this type of investing. The general ones: My Personal Guidelines:

Twitter is NOT a Social Network, Says Twitter Exec Kevin Thau, Twitter's VP for business and corporate development, announced during a presentation at Nokia World 2010 today that everyone's favorite micro-blogging network is not actually a social network. It's not, you say? No, says Thau: Twitter is for news. To those of us in the tech industry, proclaiming that Twitter's main focus is not its social aspects, but its news-delivering mechanisms, is a bit like stating the obvious. Yes, says Thau. "The guy who saw a plane land on the Hudson River right in front of him didn't think to send an email," says Thau. Thau also wanted to assure Twitter users it's OK if you think you're not interesting enough to have your own Twitter account. Twitter is not just its users (although there are 145,000,000 of those), it's also the everyday people who just visit the site and read tweets. Twitter is still growing, too. Just don't call them "social networking" widgets, we guess.

I’m Still Going Long and Hoping the Markets Go Down First rule of Investing. Dont fall in love with positions or try to prove yourself right. I thought we might get a bounce. I was wrong. I covered my short puts when the market started to shed its gains. So I lucked out there. More importantly, i wanted to clarify my bullishness. Once I made the decision to go long, I didnt just dive in and buy everything I wanted to own. Individuals are capitulating. We are also seeing a corporate margin call reminiscent of the Tech Bubble Burst of 2000. Hedge Fund, Mututal Fund, Exec Selling is pushing supplies of shares far beyond demand. I dont know how low the market will go, and I know this is very self serving, but from a portfolio perspective, the lower the better. We have come down 6,000 Dow Points from the high.

Twitter, Facebook, and social activism At four-thirty in the afternoon on Monday, February 1, 1960, four college students sat down at the lunch counter at the Woolworth’s in downtown Greensboro, North Carolina. They were freshmen at North Carolina A. & T., a black college a mile or so away. “I’d like a cup of coffee, please,” one of the four, Ezell Blair, said to the waitress. “We don’t serve Negroes here,” she replied. The Woolworth’s lunch counter was a long L-shaped bar that could seat sixty-six people, with a standup snack bar at one end. By next morning, the protest had grown to twenty-seven men and four women, most from the same dormitory as the original four. By the following Monday, sit-ins had spread to Winston-Salem, twenty-five miles away, and Durham, fifty miles away. The world, we are told, is in the midst of a revolution. These are strong, and puzzling, claims. Some of this grandiosity is to be expected. What makes people capable of this kind of activism? This pattern shows up again and again.

Become a Millionaire on $20 a Day Sock away $20 a day, every day, and you'll very likely wind up a millionaire. Not by stuffing it under your mattress, though. Twenty bucks a day under your mattress would give you a million bucks ... after more than 135 years. That's double the normal retirement age! Ten-year Treasury notes recently offered a 4.46% yield. Agree to take on a bit more volatility, though, and you can position yourself to do even better than that. It gets interesting, though, if you're investing using a strategy that has a legitimate chance to beat the market. That's a big "if"Of course, very few investors have reliably outperformed the market over time spans measured in decades. While you and I may never achieve the tremendous level of returns that these masters have earned, their stories show that the market can and has been beaten. If you're going the individual stock route, there is some good news. Brand rank data from BusinessWeek. Get started nowOf course, there's a catch.

Immortal signals promise perfect web video - tech - 07 September 2010 A perfect stream of video delivered down your broadband connection without irritating blips may seem as likely as uncovering the elixir of youth. Now a team of optical engineers think they have discovered the secret to both. They've devised a way to revitalise light signals being sent down optical fibres, enabling them to send more information down the wires. Bandwidth-hungry video streaming applications are prompting changes in the way that information is sent across the internet via its network of optical fibres. However, light signals are gradually distorted by interacting with the fibre – a process known as attenuation. Mix it up Their device makes a copy of the attenuated incoming signal, and "mixes" it with a laser beam in a length of specially designed optical fibre. The team has demonstrated the technique on signals at 40 gigabits per second, but Richardson says it should handle higher data rates too. Phased approach More From New Scientist More from the web (YouTube) Recommended by

How Long Should We Ban IPs? There are all kinds of reasons IPs get banned. A forums manager might ban an IP because the user at it is spamming. An admin of an email server might also ban IPs for spamming. A web service might ban an IP for using an API in an unapproved way. On this site, we used to ban IP's in the forums all the time (the new forums have been much better in spam prevention). I also sometimes ban IPs from inside WordPress. At the time of blockage, and IP address might belong to Danny Doucher, but after sometime, the IP address might be reassigned and now belong to Susie Supercool. So, how long should we ban IP's for? Most IP addresses should not be blocked more than a few hours, since the malicious user will probably move on by the time the block expires. IP addresses should almost never be indefinitely blocked. I can get on board with that. Anyone else have any theories or research to share? Share On

15+ Flash Websites For Inspiration | Web Design Dev Flash websites have started to get very interesting these days. There was a time when I used to strongly discourage flash but now I think that with time, people have learned how to get more innovative with their ideas. I have compiled this list of 15+ flash websites for design inspiration. Have a look at them, get inspired, and let us know how you feel about them in your comments. Waterlife ( Forza Agency Net ( Yoshinoya ( VOB Nedir – no longer available Grobots The Creative Fridge ( Damman Pearce ( Subspecies ( Dasai Creative Engineering ( ARBOmedia ( Mindsmack ( Kasulo ( This website is fantastic. Oddo Design – no longer up SoInteractive ( DigitalKick (

Obama and team rely on made-in-India software - The Economic Times Padmini Copparapu, TNN Oct 11, 2010, 07.05am IST HYDERABAD: The Indian IT/ITeS industry may lately have been at the receiving end of US President Barrack Obama's protectionist policies, but when it comes to US government websites, Obama and his boys rely on made-in-India software like FusionCharts for data visualization. Surprisingly, FusionCharts is no big-ticket tech firm out of one of India's hot and happening IT hubs. Little known back home in India but popular abroad, this niche software firm is just a 30-member outfit based out of Kolkata from where it caters to its Fortune 500 clientele across 110 countries. Even as some of India's IT biggies await Obama's next move in his increasingly protectionist agenda, a small but rising number of Indian startups like FusionCharts, Zoho,, tringme, deskaway, kayako are storming the US and world markets, without so much as moving out of their cubicles in India. Sharad Sharma, chair of Nasscom's product forum, echoes his views.

Evolution of Websites: A Darwinian Tale The web is constantly evolving. It doesn’t take a rocket scientist to see how quickly new technologies are being adopted and how fragile design trends are. While the web is still an infant relative to other mediums such as print, TV and radio, and still has fair amount of growing up to do, it has already amassed a rich history. Let’s take a look at how the medium has evolved throughout the years. A Matter of Carbon Dating Evolution is inevitable. If we examine any aspect of web design, we can see that trends and technologies being discarded, improved on, or superseded by something better is common. Certain web browsers tend to be more evolved than others! Code The idea of virtual reality and 3D objects fascinated developers. Web Browsing Devices The second core element that dictates the web’s progress are web-browsing devices. Devices come in all shapes and sizes, from cell phones to browsers. Trends and Conventions Finally, we have trends and conventions. Single-Celled Organisms