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Doc Searls |
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| Posted: |
12/22/2000; 2:06:16 PM |
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446 (top msg in thread) |
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Bush Force One
Just got this from my cousin, John Oman:

He writes:
After many years of circling the globe in an elegant but somewhat lackluster color scheme, the Bush administration has announced plans for a complete overhaul of the appearance of Air Force One.
No longer will the aircraft blend into tarmacs, or gray skies. The
President's plane will literally SCREAM for visual attention.
The attached illustration depicts the new look, which will be applied to the 747 on January 16, 2001.
Still chugging
Nice Cluetrian mention in Federal Computer Week.
Chris Locke also points us to CT's latest #1 position, this one among readers of periodicals.
And what wouldn't you do for an offer sheet?
There's been a shitload of VC-bashing over the last few months. I've done some of it myself. Hey, even the VCs, herding animals that they are, have joined in the fun. But let's get real here. Where would we be if VCs were as regulated as banks? Driving the old Jetta and renting an apartment in Sunnyvale, probably
So it's nice to hear John Doerr put a few things in perspective:
There's been too much venture capital. There have been bad ideas funded. Bad plans, bad investments have been made. And you can't sort of sweep them under the rug of, 'Well, you're supposed to take risks.' Venture capital is about taking risks, but in a really disciplined way. And it's not a smart risk to take a URL and an MBA student who has no operating experience and a 30-page business plan that doesn't have a clear value proposition and fund it.
Here comes the however:
I don't think the venture capital community is responsible to the market. The venture capital community doesn't drive Nasdaq. That's a market of willing buyers and sellers. Underwriters have to approve taking companies public. Individuals have to choose to invest.
Here's some more perspective: Larry Elison made almost 3 billion bucks today.
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