As a venture
capitalist who really-really understood it when CODY
WILLARD wrote the following for the Wall Street Journal’s Market Watch –
“The Cody Word”:
“So Web Bubble 2.0 is
at a place where journalists and pundits and people who have never written huge
venture capital checks and seen it evaporate less than a year later (note: I
have) are criticizing someone who has just turned a quarter of a million into
three quarters of a hundred million…”
Mr. Cody’s piece, “How
to profit on this Apple stock bubble” - http://blogs.marketwatch.com/cody/2012/04/25/how-to-profit-on-this-tech-bubble/
- is an interesting read…
On top of the whole
newly minted national discussion on venture capitalists that at times has
caused my head to spin and spew pea soup through my nose…
“Apparently I’m
supposed to be angrier over what former Massachusetts Governor and venture
capitalist Mitt Romney does with his money than what President Barack Obama
does with mine…”
Venture Capitalist Forced To Defend Only Making 31,200%
Return
How to profit on this Apple stock bubble
April 25, 2012 COMMENTARY By CODY
WILLARD
I saw something recently that blew my mind and I need to
share with you. A venture capitalist having to defend making a 31,200% return —
in two years.
Seriously, read this post from Ben Horowitz,
Netscape founder Marc Andreeseen’s investing partner. They were seed
investors in Instagram, recently sold for $1 billion to Facebook… http://blogs.marketwatch.com/cody/2012/04/25/how-to-profit-on-this-tech-bubble/
[…]
Mr. Horowitz goes on to layout an ethical dilemma that
prevented his fund from participating in a follow-on round (sidebar: if you’re
getting your MBA right now, I require that you read this). But here’s the
point I want to make:
When someone is attacked for turning $250,000 into ‘only’
$78 million, we are in an enormous bubble.
Hat Tip: Venture Capitalist Forced To Defend Only Making
31,200% Return http://www.huffingtonpost.com/2012/04/26/venture-capitalist-forced_n_1455132.html?ref=topbar
*****
Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com
