Published September 27, 2012
Commentary , Investing
The Wall Street Journal and others are noticing that Internet startup valuations are coming back to Earth. Aggregate numbers show industry rebalancing. Health and consumer services investment sectors are down big. Energy is up.
The press and Wall Street love a great story, which means sex and financial gore. Silicon Valley has grown large enough to accommodate. From billionaire moguls to VC and superangel glitterati and seductive new products to painful lawsuits, there is always a tale of intrigue.
But the players in the news are just the tip of the investment iceberg. There are about 600 angel networks that represent 12,000 accredited investors. That’s less than one percent of the estimated 1.6 million angels.
The real story is that value-based investing never left. As Ralph Patterson notes, “the majority of VCs and Angels haven’t strayed very far from the belief in ‘traction.'”
Funding fashions come and go in the top strata of Bay Area and other venture capitals. But everywhere else value investing in the best deals available was and continues to be the norm.
Published September 17, 2012
Blue/DallasBlue , Event
DallasBlue is back this Fall with exciting networking and special free and heavy discount offers. Please join us Wed. Sept 26 5-8pm for Power Networking & Wine Tasting at Total Wine in Dallas.
This program incorporates everything you’ve told us you love about our networking and happy hour events over the past several years.
- Power Networking. Every attendee gets a few minutes to introduce themselves in front of the group. Have your elevator pitch ready and learn who you need to meet!
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Every attendee also receives a nifty wine and beer bottle. We get a great crowd. Bring your friends and coworkers and save money when you register multiple people.
Register now at DallasMeet.com!
Published September 10, 2012
Commentary , Science , Society
Research from the University of Western Australia sheds light on the irrationality of extremism, typified by the far right of the Republican party in the U.S.
The data is from a survey called NASA faked the moon landing|Therefore (Climate) Science is a Hoax: An Anatomy of the Motivated Rejection of Science. While the study finds support for crank magnetism (if you believe in one anti-science theory, you believe in others), it found an even greater correlation with free market ideology where believers rejected science from humans causing climate change to smoking causing lung cancer and HIV causing AIDS.
Science Blogs has excellent commentary at More data on why people reject science.
The survey unfortunately doesn’t break down free market ideology. The free market is a proven part of modern economics. But it’s just one cog in a strong and healthy civilization. A strict belief that elevates the free market at the expense of the other pillars of society is a fundamental part of what caused the global recession and the breakdown of the middle class in the U.S.
Of course if you are one such believer you’ll reject this piece of science as well. Please continue on to the next blog on fairies, unicorns, little green men, the drug war, universal forces that take an interest in your personal affairs, and the salvation (i.e. continuing destruction) of America through greed and anarchy.
Published September 3, 2012
I wrote about yoga as a superior workout in A Cross-Training Secret.
You can’t kickbox every day. So what’s the ideal secondary workout to stay in shape and complement? …
The traditional answer is running. But there is a better exercise – yoga. Yoga doesn’t just burn calories and raise your fitness level like running; it also builds flexibility, balance, and strength.
There is much more with scientific research and clinical trials aimed at understanding yoga’s benefits better. According to Dr. Loren Fishman in the Huffington Post article Yoga Fixes From Head To Toes: Poses For 8 Common Conditions, yoga is proven to reduce or eliminate migraines, neck pain, back pain, shoulder pain, Piriformis Syndrome, Knee Osteoarthritis, Osteoporosis, Plantar Fasciitis, and bunions.
In particular, he accidentally discovered and ran his own trial to prove that a headstand fixes rotator cuff injury. If you’re part of the estimated 40-60% of the adult population, including me, that has this injury, this is welcome news. A $20 yoga mat is slightly cheaper than a $10,000 surgery.
Shoulder Pain: A yoga-based maneuver has erased pain and disability for more than 800 of my patients who have rotator cuff difficulties, saving them from expensive, painful surgery and at least three months of physical therapy for recovery. The Triangular Forearm Support (TFS) is based on the headstand but you don’t have to stand on your head to do it. It activates a muscle that takes over the function of the one that has been injured. Activating the muscle for a minute and then enthusiastically, fearlessly raising the arm on the bad side trains the subscapularis muscle to take over for the injured superspinadis. The injured muscle never has to work again. I have followed patients who have been cured by this maneuver — painless full range of motion for 10 years.