aclements18

Tech@NYU has consistently done an excellent job with putting ideas into action. I'm always impressed with the amount of work that comes out of that group. Great job guys, keep it up.

VCs invest through funds that 'shut down' after a few years so, unlike mutuals fund that exists indefinitely, they have a limited timeframe to make that investment pay off.

VCs have the expectation that most investments will fail, so the only way to return a profit to their investors (LPs) is to have a few really big hits.

For example imagine a VC with a fund that only holds two companies, and has invested $1mm in each. The first has dividend paying 8% (for a total of $80,000) year over year. That wouldn't be bad on its own, but say the other investment lost 75% of its value (or $750k). The overall return for that combined portfolio over a 10 year period would be pretty poor.

The real value would be if one of those investments of $1mm in equity turned into $20mm in equity over the 10 years through an acquisition or IPO. If that were the case, a dividend of 8% would be very small in comparison.

I have to offer an alternative perspective; the number of angels greatly exceeds the number of opportunities they are collectively going after. The best entrepreneurs are often in a position to choose one angel over another. Unlike the PGs of the world, most investors must market themselves to have access to a stream of quality deals.

This event is a marketing tool for angels to garner the attention of as many startups as they can in areas they are interested in investing. The title of the event makes it seem as though the tables have been turned on the entrepreneur and investor, but in the end everyone can guess who is going to be approaching who.

Since we're on the topic of messaging effectiveness, can we all agree that the infographic Google selcted is nearly impossible to view?

I assume in order for it to 'legalize and regulate' there would probably have to be some form of registration specific to the crowdfunding sites. But I agree, they should clarify.

Very impressive. Very cool. I assume this will eventually extend beyond concerts to all kinds of other live events (sports, plays, etc). This is going to be big.

What's also interesting is how much the effect of SOPA will have on such an awesome service like this. So disappointing to think about how the copyright holders would rather shut you down then come up with a great way to enhance the service and share revenue with you.

Best of Luck. We'll all be rooting for you guys.

I think a good simple way to determine whether I'm doing fake work or not is to ask myself two questions, "Is this challenging?" then "will this help me reach my goals?"

I find that if I say no to either then I'm probably doing fake work (or doing real work poorly).

This one has Gary Vaynerchuk's "Thank You Economy" written all over it.

Considering an iPhone5 on two carriers this year too, yeah no doubt they are Sheening right now.