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Cosmic Collision Likely Spawned Massive Nearby Galaxy

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How Venture Capital and Startup Technology Works | Millionaire ...

?

Venture capitalists grow businesses towards an exit strategy. They are not in the deal flow creation business, but they must identify deal flow to be successful.

The primary job of a venture capitalist is to successfully invest money in companies they find. Consequently, deal sourcing is their job. They view it as being so important to who and what they are, that they will not abrogate it to a third party. It is their USP (Unique Selling Proposition). Only they can pick winners. Consequently, the venture capital industry does not scale well.

Since 1984, venture capital in Utah has increased 200X from $10 million to almost $3.5 billion. State sponsored R&D has increased dramatically (USTAR, Centers of Excellence); university based entrepreneurship programs have exploded; Angel groups abound, and a cadre of service providers second only to the Valley exist.

In 1991 the venture capital industry invested approximately $2.2 billion in about 2,500 deals. In 2009 venture investment was approximately $17 billion being invested into about 2,000 deals. In the intervening years, annual venture investment varied from a low of $2.2 billion to a high of over $100 billion (2000). The number of true venture quality deals funded annually varied between 2,000 and 3,500 per year.

Since 2004, the ?Old Economy? ruling class figured out who was filling their office space, buying their big homes, and driving their expensive cars ? high tech employees. Armed with this new realization, programs for government and academia exploded. Overnight homegrown high tech economic development went from a cult to the number one mainstream religion.

So What is going to happen to the Venture Capitalist?

Deal creation and maturation take a lot longer than deal expansion and liquidation.

The economics of the venture capital model places very restrictive time lines and activities on the venture capitalist. This has resulted in an opportunity cost of the inefficient deployment of venture capital resulting in a lack of optimum job and new wealth creation

Recent restructuring and downsizing of the VC industry and the tight IPO, Acquisition, and Private Equity markets have created even greater pressures on the time lines and activities of the venture capitalist. Manifestations of this are seen in reduced management fees, lower or shared carried interests, fewer VC?s and VC firms, and rapidly falling valuations, and very poor rates of return (negative 3% for the last 10 years).

Also, demand for venture returns had caused LPs to put more and more money into fewer funds has evaporated with the poor returns and the recent financial melt down. The result has been a continued migration away from early stage funds to megafunds that due to their size can only invest in later-stage or mezzanine deals. It appears ?top quartile? in fund performance refers to the ?top quartile of the top quartile?.

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Tebow draws big crowd to Texas Easter service

GEORGETOWN, Texas (AP) ? Tim Tebow drew a crowd of about 15,000 to an outdoor Easter church service Sunday, telling the gathering it's important to be outspoken about faith while admonishing athletes about not being better role models.

"In Christianity, it's the Pope and Tebow right now," Celebration Church pastor Joe Champion he said. "We didn't have enough room to handle the Pope."

Tebow ? devout Christian, backup NFL quarterback and cultural phenomenon ? has a flock of admirers drawn as much to his religious leanings as his Heisman Trophy skills.

Tebow told them he welcomed the attention on his convictions as well as the "Tebowing" prayer pose he often strikes on the field because it puts his faith and prayer in the public conversation.

"It's being talked about," he said. "That's exciting."

Some at the "Easter on the Hill" morning service under sunny skies about 20 miles north of Austin drove more 100 miles to hear Tebow speak. The service took on the feel of a rock concert with more than a 100 school buses shuttling people to the sprawling mega-church campus from local shopping centers and the nearby college.

The service was peppered with lively Christian rock songs and Tebow took the large stage to cheers from those who could see him while others toward the back watched on massive video screens. He sat for a 20-minute interview with Champion to talk about his faith and its role in his public life.

"It's OK to be outspoken about your faith," Tebow said.

He also took a shot at professional athletes who insist they are not role models.

"Yes you are. You're just not a good one," Tebow said.

Champion asked Tebow what he thought needed to change culturally in America.

"First and foremost is what this country was based on: one nation under God. The more that we can get back to that," Tebow said to applause.

Although church officials had said they typically get their biggest crowds on Easter, Tebow was clearly the big draw Sunday. Several hundred started heading toward the exits after Tebow spoke, not waiting for Champion's main Sunday sermon so they could avoid the 80-degree heat and beat the traffic.

Some couldn't wait for the official 8 a.m. opening to the church grounds and showed up hours early.

Debbie Sandoval and her husband and two sons arrived before sunrise. They wore Tebow's Jets jerseys and set up camp close the large soundstage with a row of chairs.

"I love that boy. ... He's like my third son," said Sandoval, who is not a regular member of the church but wasn't going to miss a chance to hear Tebow speak. A self-described "lifelong Broncos fan," Sandoval said she became a Jets fan because of Tebow. The quarterback led the Broncos to the playoffs last season and was acquired by the Jets in a trade March 21.

"Everything about this young man's extraordinary life is special," Sandoval said.

Amanda O'Hara drove about 100 miles from San Antonio on Saturday and got to the church about 4:30 a.m. "to be one of the first ones here."

"I only got about four hours sleep, I was so excited," O'Hara said. "He doesn't hide who he is. Parents should see him as a role model."

The crow included people dressed in Easter bunny costumes and one person dressed as the Sesame Street character Elmo. About an hour before the service, Elmo dropped to a knee with a toddler boy to mimic Tebow's prayer pose.

Media access to the event was tightly controlled inside the roped off field. Reporters and photographers were required to have an escort when walking through the crowd before the service. Television cameras were allowed to record only a portion of Tebow's speech and no live video streaming of the service was permitted.

Church officials initially expected up to 20,000 and said Tebow's appearance on Easter Sunday was coincidental. Church spokeswoman Tara Wall said it was Tebow who reached out to Champion with a request to appear and Sunday was the best date available.

Mike Benaglio and his wife, Debbie, sat on a blanket.

"I'm a fan of any pro athlete who stands up for his faith," he said. "We're thrilled to be part of this. It's not about football. Whatever gets more people over to the cross, I'm in favor of."

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Wage War On Your Diet With a Chocolate Grenade [Food]

Easter is one of those magical days in the year when diets don't exist. So today, in addition to a mountain of other sweet confections, you can enjoy Raphael Volkmer's chocolate 'Calories Bomb' grenade that explodes with even more delicious shrapnel. More »

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$598500 :: 45 Aquinas ST, Lake Oswego OR, 97035 ? Lake ...

Posted by admin on Apr 7, 2012 in Blog

3 beds, 2 full, 1 part baths
Home size: 2,981 sq ft
Lot Size: 6,534 sq ft
Property Type: DETACHD
MLS Number: 12618878
Community: Mountain Park

Watch the Northwest seasons from the Kitchen, Great Room, and Master Suite. Expansive views and 2 private decks. Professional low-maintenance landscape with build-in gardens and flowering perennials everywhere. Surrounding greenbelt & Mt.Park amenities. Custom built in 2004; first owners.

Listed with RealtyNET

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Brought to you by Chris Larsson, Coldwell Banker Seal. Call me today at 503-683-2897!

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS? of Portland, Oregon. All real estate listings are marked with the RMLS? logo, and detailed information about these properties includes the names of the listing brokers. Listing content is ? 2009 RMLS?, Portland, Oregon.

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Tags: Lake Oswego OR, Lake, Lake Oswego Homes for Sale, real, estate, Oswego

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Let me help you find everything you need to know about buying or selling real estate in Lake Oswego, OR! I have been a top-producing Coldwell Banker real estate professional for over 8 years in LO. I am 120% dedicated to providing world-class concierge level service to my clientele.

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Is corn syrup killing the honeybees?

A trio of recent studies faults a common family of corn pesticides for disorienting honeybees, potentially leading to colony collapse disorder. The German chemical company Bayer, which manufactures the pesticides, disagrees. ?

Since 2006, something awfully strange has been happening to North America's commercial beehives. Beekeepers are finding that many of the boxed hives ranged throughout their apiaries have been inexplicably abandoned by worker bees. These ghost-hives typically have ample stores of honey and pollen, and hold gestating colony broods, sometimes even a lone queen.

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This phenomenon is called Colony Collapse Disorder (CCD), and two papers published recently in the journal Science say that it is correlated with the presence of a ubiquitous class of insecticide called neonicotinoids. A newer study published in the Bulletin of Insectology suggests that this insecticide is introduced into bee colonies through, strangely enough, high-fructose corn syrup.

The insecticide was developed by Bayer AG, the German chemical and pharmaceutical giant most recognized for its original brand of aspirin. Today, the $53 billion company has released a rebuttal to the suggested link between neonicotinoids and Colony Collapse Disorder.

The population of feral honeybees in the US has been steadily decreasing for the past half-century, and is now almost nonexistent. In the same timescale, commercial honeybees experienced a shallower decline in population. However, since 2006, they have started rapidly disappearing in North America and Europe. Many scientists agree that the confluence of factors that drove population decline before 2006 is still in effect, but that something probably changed in light of the new rash of colony collapses.

Identifying the causes of CCD is a complex proposition, but the disorder's symptoms and effects are quite simple. It usually occurs when worker bees first depart their hives to forage, in winter or early spring. Then they don't return. Their hives typically have an active queen, ample food, and a developing brood ? not exactly the home a bee would abandon under normal circumstances. Many scientists have since suggested that pesticides may disorient bees or affect their memory, making them unable to navigate home.

Chensheng Lu, an environmental scientist at Harvard and the lead author on the Bulletin of Insectology paper, was curious as to how the insecticide may be introduced into the colony, and decided to investigate high-fructose corn syrup, which for the past decade has been used by beekeepers to supplement hives that have been decanted of honey. Much of the US corn crop is treated with neonicotinoids, and so trace amounts of the insecticides can often be found in the sugary syrup.

Lu and colleagues designed an experiment that would expose hives to concentrations ranging from 20 to 400 parts per billion. Within 4 months, 15 of the 16 experimental hives had been emptied by what appeared to be CCD, according to the researchers.

As more studies are published on this subject, the link between neonicontinoids and CCD may become more apparent. In this case, Bayer AG could only be held indirectly accountable, as it is the beekeepers who are substituting the inexpensive syrup for bee honey, thereby introducing the pesticide.

Earlier today Bayer released a statement that criticized the Harvard study, asserting that the sample size was too small to be statistically significant and that the "authors ignored the scientific consensus that bee health is impaired by multiple factors, including inadequate diet, pests and parasites such as the varroa mite, microbial diseases, mismanaged colonies, and loss of genetic diversity."

These are not unreasonable criticisms. Though the study authors certainly didn't "ignore" a "scientific consensus" on the multiple factors that could cause CCD. They simply investigated one of them. Nonetheless, scientists are still puzzled by the many possible causes of the disorder. They're also concerned, and for good reason.

The common honeybee is widely recognized as the most important insect pollinator. They're extremely versatile, able to collect both nectar and pollen and to transport it. They are easily managed by beekeepers, and live year-round, which means they will service a wide variety of plants. They're also fecund; one simple colony can consist of one queen, a few hundred drones and roughly 80,000 workers. There is no realistic scenario in which we could operate our mass-scale farms without them.

Bayer's concerns about the studies are not all that surprising considering the company's financial interests. But if more research confirms that its neonicotinoids are afflicting the commercial honeybee population, then they are threatening an enterprise on which Bayer crucially depends: agriculture itself.

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