Want to know why early stage VCs pale at the phrase 'pay to play' and founding entrepreneurs twitch when they hear 'liquidation preference'? Check out this great explanation of VC jargon at VentureBlog. Learn to talk like a VC, and bore your friends just like we do!
5:18:09 PM    

A bemusing first a few days ago: an e-mail to the blog address, recommending a VC related story on a business oriented web site (I didn't bite). Return address at a New York PR agency. Not a spam, a low-key, professional message from someone who obviously knew at least the topical area of this blog. Considering that I've yet to become even an Insignificant Microbe in the blogosphere, someone had been doing their homework, and evidently thinks adding the 'tail of the power law curve' to the media contacts list is worthwhile. Very interesting. Anyone else seeing this, outside of those like Doc and Howard who are known routes into print?
2:03:28 PM    

My wife and I lived four years in Half Moon Bay out on the California coast side and are still fond of the place. So it was a shock to hear on the drive-time radio yesterday evening that the centerpiece of the downtown, the historic Cunha's store, was afire. And this morning, it's gone. Cunha's (local pronunciation: Koon-yuhz) was a grand old frame building, dating to 1900, that had managed to keep its funky general store atmosphere and local clientele while also attracting the horde of SF and Valley touristas who showed up on the weekends. It's going to leave a big hole in that small community.

(No snickers from the European and Japanese readers about calling a hundred year old building 'historic.' There's a real history shortage in California, so we need to conserve what we have.)
1:23:43 PM    

The future is always here, but unevenly distributed. A joint San Jose Mercury News / Kaiser Family Foundation survey of kid's use of the Internet in Silicon Valley shows a remarkable degree of adoption, and social adaptation, in just a few years. If you're outside the Valley or other early adopting areas, this is what awaits you. If you can overlook the obligatory down-side stories in the linked SJ Merc coverage, it's remarkable the degree to which Internet adoption in households with kids has smashed through the 60% nationwide average, and right into socio-economic niches that were supposed to be digitally divided.

Thanks to Smart Mobs for link to the survey material.
10:20:10 AM