{"id":16425,"date":"2012-12-04T09:09:58","date_gmt":"2012-12-04T14:09:58","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=16425"},"modified":"2012-12-04T10:05:32","modified_gmt":"2012-12-04T15:05:32","slug":"the-joys-of-startups","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=16425","title":{"rendered":"The joys of startups"},"content":{"rendered":"<div id=\"yass_top_edge_dummy\" style=\"width: 1px; height: 1px; padding: 0px; margin: -11px 0px 0px; border-width: 0px; display: block; text-align: left;\"><\/div>\n<div id=\"yass_top_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgtop.png'); background-attachment: scroll; background-position: center bottom; padding: 0px; margin: 0px 0px 10px -10px; border-width: 0px; height: 0px; display: block; width: 1px; text-align: left;\"><\/div>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><strong>The joys of gambling on startups. <\/strong><span style=\"color: #000000;\">The investment banker wants to save his clients who put their precious money into the company at several times what the stock is now selling for. The company, like most startups, is a bottomless money pit. The founder is a talented techno geek, but a lousy businessman. He set the company up with various voting and non-voting stock so he controls his precious baby forever. (Facebook founder did the same thing.) The investment banker is desperate to save his clients. And that&#8217;s an honorable motive. He wants to save the company by putting more money in and perhaps turning it around with a better board. The company&#8217;s product is conceptually great. But it&#8217;s been implemented by a techno-geek who doesn&#8217;t understand marketing, or customer friendliness. There is a huge opportunity for Harry to make 20x on his money. But I&#8217;m scared. I emailed the investment banker this morning:<\/span><\/span><\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\">No shortage of money.<br \/>\nShortage of logic and due diligence.<br \/>\nI still can&#8217;t use the app &#8212; despite hours of trying.<br \/>\nThe software is screwed up.<br \/>\nThat&#8217;s why no one has bit on it. Nobody has made a takeover offer.<br \/>\nThe &#8220;product&#8221; is a good idea but the implementation sucks bigtime.<br \/>\nIt needs to be fixed.<br \/>\nDo I make myself clear?<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Please help my friends.<\/strong><\/span> They have a new baby. It sprays its food all over as babies do when eating off grownup spoons. There has to be a better way. Enter the Spuni, which they invented:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16441\" title=\"Spuni1\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni1.jpg\" alt=\"\" width=\"350\" height=\"299\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni1.jpg 350w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni1-300x256.jpg 300w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">It&#8217;s a better spoon. Babies suck off it, without making a mess. It&#8217;s amazing. And it works.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16442\" title=\"Spuni2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni2.jpg\" alt=\"\" width=\"350\" height=\"161\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni2.jpg 350w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/Spuni2-300x138.jpg 300w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">You can help fund their new entrepreneurial venture. They need $35,000 to make their first moulds and make 5,000 Spunis for sale. Click <a title=\"Spuni funding page\" href=\"http:\/\/www.indiegogo.com\/spuni\/x\/1834010?c=home\" target=\"_blank\"><strong>here.<\/strong> <\/a><\/p>\n<p style=\"text-align: left;\">Indiegogo, like Kickstarter, is a crowdfunding source. These sites have exploded since Congress passed The JOBS Act, signed into law by President Obama on April 5, 2012. Best piece of legislation in 2012.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The boiler repair cost $3,486.80. <\/strong><\/span>That included $1528.24 of parts from Viessmann, the &#8220;reliable&#8221; German boiler maker,\u00a0 and $1,358 of labor. All this could have been avoided had someone thought of installing a single $5.47 surge aresstor.<\/p>\n<p style=\"text-align: left;\">No, go and install one on your boiler and and every other piece of electronics in your home or apartment.<\/p>\n<p style=\"text-align: left;\">You can get one from Amazon. click <a title=\"Surge Arrestor from Amazon\" href=\"http:\/\/www.amazon.com\/Belkin-SurgeCube-Surge-Protector-Outlet\/dp\/B00006BBAB\/ref=sr_1_21?s=pc&amp;ie=UTF8&amp;qid=1354115080&amp;sr=1-21&amp;keywords=surge%20protector&amp;tag=vglnkc8005-20\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Verizon iPhone 5 with 4G\/LTE is ultra-fast.<\/strong><\/span> I don&#8217;t have one, yet. But I tested a friend&#8217;s. Frankly, I was amazed at how fast fetching information over the Internet had suddenly become. I don&#8217;t do much with my iPhone 4 and its 3G data service because it&#8217;s so slow. It&#8217;s painful. But this iPhone 5 plus 4G\/LTE is a genuine game changer. It really allows you to be productive on the go.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Useful distinctions, from Wikipedia:<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Heresy is any belief or theory that is strongly at variance with established beliefs or customs. Heresy is distinct from both apostasy, which is the explicit renunciation of one&#8217;s religion, principles or cause, and blasphemy, which is irreverence toward religion.<\/p>\n<p style=\"text-align: left;\">You can be executed for apostasy in some Middle Eastern countries.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Male Logic<\/strong><\/span><br \/>\nHoney: &#8220;Could you please go shopping for me and buy one carton of milk. And if they have avocados, get 6.&#8221;<\/p>\n<p style=\"text-align: left;\">The husband returns with six cartons of milk.<\/p>\n<p style=\"text-align: left;\">&#8220;Why did you buy six cartons of milk?&#8221;<\/p>\n<p style=\"text-align: left;\">Husband: &#8220;They had avocados.&#8221;<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Want a lift? Play the Gangnan Style video.<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/GangmanStyle.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16439\" title=\"GangmanStyle\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/GangmanStyle.jpg\" alt=\"\" width=\"620\" height=\"354\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/GangmanStyle.jpg 620w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/12\/GangmanStyle-300x171.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">The video is now up to 881 million views. The best three minute feel-good you&#8217;ll have today. Watch the video. Click <a title=\"Gangnam Style\" href=\"https:\/\/www.youtube.com\/watch?v=9bZkp7q19f0\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16364\" title=\"HarryNewton\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/HarryNewton.jpg\" alt=\"\" width=\"233\" height=\"210\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Harry Newton, who spent yesterday and much of the weekend working with a WordPress guru to improve the look of the emailed newsletter. We&#8217;re making progress, albeit slowly. Hang in there. I know it still looks awful. If you can&#8217;t stand the look, come back to the original web site. We&#8217;re still here. Click <a title=\"In Search of the Perfect Investment web site\" href=\"https:\/\/www.technologyinvestor.com\/\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<div id=\"yass_bottom_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgbot.png'); background-position: 0px 0px; position: absolute; margin: 0px; padding: 0px; border-width: 0px; height: 0px; left: 0px; top: 0px; width: 100%; display: block;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The joys of gambling on startups. The investment banker wants to save his clients who put their precious money into the company at several times what the stock is now selling for. The company, like most startups, is a bottomless money pit. The founder is a talented techno geek, but a lousy businessman. He set [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16425","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/16425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16425"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/16425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}