Notes from Rendon Street

It’s no wonder I drive a VW, since their ads are targeted for me perfectly.

Launch Pad Ignition: Launch Pad Ignition and Abstraction Ventures Partner to Provide Seed Funding to New Orleans Startups

lpignition:


NEW ORLEANS, LA – January 11, 2011 – Launch Pad Ignition is announcing today a partnership with Abstraction Ventures to provide seed funding to select startups accepted into its accelerator program. Launch Pad Ignition is embarking on its second accelerator class in the spring of 2012,…

brycedotvc:

Top Funding Sources For Startups:

1. Personal Savings
2. Credit Cards
3. Friends and Family
4. Banks
5. VCs

Interesting to note that less than 20% of the fastest growing companies in the US were VC backed. 

A great reminder that the traditional venture capital product is not for everyone. Nor is it a predictor of future success.  

bijan sabet: American Censorship Day

bijan:

A few weeks ago, I went to Washington DC with a number of other venture capitalists and entrepreneurs to meet with various members of Congress and in President Obama’s administration to discuss important legislation (here and here) that was being pushed through the process.

It’s an awful…

This 9:57 minutes made my week.

Umair Haque's Is America Giving Up on the Future?

If I had to pin those realities down, I’d say the following deserve a place on the list: That the wealth of a nation isn’t merely the sum of its tradable riches; that a thriving marketplace isn’t a big box store; that industrial output matters less than human outcomes; that work that matters yields accomplishments that endure; that Goldman Sachs probably shouldn’t be as profitable as Apple, because builders should earn more than shufflers; that the worth of an enduring achievement is denominated in more than mere profit; that how we feel about our lives is worth more than how enviably glamorous they look; that tomorrow matters more — not less — than today.

a blog by pud: Fucking Sue Me

pudjam666:

So,

It was 1998 and the dot-com boom was in full effect. I was making websites as a 22 year old freelance programmer in NYC. I charged my first client $1,400. My second client paid $5,400. The next paid $24,000. I remember the exact amounts — they were the largest checks I’d seen up til that…

Who knew that Al Scramuzza was a record producer as well. Pure New Orleans. Thanks to @ballzack for digging this up.

animalstalkinginallcaps:

THE 1886 ‘SANTA CLARA COUNTY VS. SOUTHERN PACIFIC RAILROAD’ SUPREME COURT CASE THAT ARGUABLY GRANTED CORPORATIONS “PERSONHOOD” UNDER U.S. LAW COULD AND SHOULD BE REEVALUATED AND, IN POINT OF FACT, RESCINDED AS THE SUBSEQUENT EXPLOITATION OF THAT STATUS IN THE FOLLOWING CENTURY IS THE PRIMARY CAUSE OF THE NATION’S TRAGIC SLIDE INTO ECONOMIC DISPARITY.
YOU MEAN, MOO.
YEAH, FUCKING MOOOO.

animalstalkinginallcaps:

THE 1886 ‘SANTA CLARA COUNTY VS. SOUTHERN PACIFIC RAILROAD’ SUPREME COURT CASE THAT ARGUABLY GRANTED CORPORATIONS “PERSONHOOD” UNDER U.S. LAW COULD AND SHOULD BE REEVALUATED AND, IN POINT OF FACT, RESCINDED AS THE SUBSEQUENT EXPLOITATION OF THAT STATUS IN THE FOLLOWING CENTURY IS THE PRIMARY CAUSE OF THE NATION’S TRAGIC SLIDE INTO ECONOMIC DISPARITY.

YOU MEAN, MOO.

YEAH, FUCKING MOOOO.