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	<title>Nesmith&#039;s Notes &#187; Venture capital</title>
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	<link>http://dwaynenesmith.com</link>
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		<title>Q3 VC Funding update from VentureDeal</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/12/q3-vc-funding-update-from-venturedeal/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/12/q3-vc-funding-update-from-venturedeal/#comments</comments>
		<pubDate>Thu, 03 Dec 2009 18:15:39 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/12/q3-vc-funding-update-from-venturedeal/</guid>
		<description><![CDATA[During the third quarter of 2009, a total of 35 energy and environmental companies received $421 million in new venture capital financing, representing an 8% decrease in the number of companies being funded and an 8% decrease in the total amount funded to the four sectors of Alternative Energy, Clean Tech, Energy and Environmental. Alternative [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2009/12/q3-vc-funding-update-from-venturedeal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Venture Capitalists Deals Increase In First Quarter</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/venture-capitalists-deals-increase-in-first-quarter/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/venture-capitalists-deals-increase-in-first-quarter/#comments</comments>
		<pubDate>Mon, 21 Apr 2008 14:27:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=106</guid>
		<description><![CDATA[The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline Venture Capitalists Invest Less In First Quarter &#8211; New York Times. &#8220;We do [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2008/04/venture-capitalists-deals-increase-in-first-quarter/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Conviction or Discipline</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/conviction-or-discipline/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/conviction-or-discipline/#comments</comments>
		<pubDate>Thu, 13 Mar 2008 16:08:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=102</guid>
		<description><![CDATA[No, it&#8217;s Conviction and Discipline according to Fred Wilson, &#8220;Conviction and discipline are two sides of the same coin.&#8221; I like the view.  Similar to a great strategy with weak execution, conviction without discipline will often lead you into the ditch and will never get you to the mountaintop.]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2008/03/conviction-or-discipline/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Free! Why it works better today.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/free-why-it-works-better-today/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/free-why-it-works-better-today/#comments</comments>
		<pubDate>Wed, 27 Feb 2008 20:03:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=97</guid>
		<description><![CDATA[Chris Anderson&#8217;s at Wired discusses where, why and how free products make sense today and will make make even more sense (and cents) in the future.  Starting with the story of Gillette and bringing us to the plummeting cost of computing and networking, Anderson argues that the traditional cross-subsidy model is not required when incremental [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2008/02/free-why-it-works-better-today/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bonderman addresses Silicon Flatiron crowd at CU</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/bonderman-addresses-silicon-flatiron-crowd-at-cu/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/bonderman-addresses-silicon-flatiron-crowd-at-cu/#comments</comments>
		<pubDate>Sat, 23 Feb 2008 04:46:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=95</guid>
		<description><![CDATA[Speaking of the TXU purchase, Mr. Bonderman said the company was adept at running a profitable company and equally bad at politics from price increases to ecology to labor relations. These shortcomings lead tothe opportunity which focused on addressing these public concerns.Opportunities for private equity include exploiting public investorsfocus on short term focus, their dislike [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2008/02/bonderman-addresses-silicon-flatiron-crowd-at-cu/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>VC Wear &#8211; Good for a laugh</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/vc-wear-good-for-a-laugh/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/vc-wear-good-for-a-laugh/#comments</comments>
		<pubDate>Wed, 20 Feb 2008 21:00:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=92</guid>
		<description><![CDATA[If your in the mood for a smile (and if not, perhaps you need to check this out even more) then head over to VC Wear to see the t-shirts these guys have cooked up. ]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2008/02/vc-wear-good-for-a-laugh/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Build for Value</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/04/build-for-value/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/04/build-for-value/#comments</comments>
		<pubDate>Wed, 04 Apr 2007 20:47:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=77</guid>
		<description><![CDATA[Even though the most likely outcome for a successful technology company is via an acquisition, I have never liked the idea of planning for it.Â&#160; Plans and actions then often go away from what will help our customers and help us succeed in the market to what would ABC Inc. like to see in an [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2007/04/build-for-value/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Web 2.0 hits saturation</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/web-20-hits-saturation/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/web-20-hits-saturation/#comments</comments>
		<pubDate>Fri, 16 Feb 2007 06:36:37 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[trends]]></category>
		<category><![CDATA[web]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=5</guid>
		<description><![CDATA[Buzzmeister&#8217;s beware!  The Valleywag buzzmeter shows Web 2.0 hits saturation.   That&#8217;s so 2006.  How should a capital hungry business owner create excitement among the technology captains of capital?]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2007/02/web-20-hits-saturation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Web 2.0 &#8211; A Bubble, Hype, for the Lucky Few?</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/web-20-a-bubble-hype-for-the-lucky-few/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/web-20-a-bubble-hype-for-the-lucky-few/#comments</comments>
		<pubDate>Tue, 09 Jan 2007 21:34:43 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[trends]]></category>
		<category><![CDATA[web]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=65</guid>
		<description><![CDATA[Tom Evslin&#8217;s post Web 2.0 â€“ Greater Initial Investments Required suggests that early Web 2.0 companies seized the advantage of low cost technical infrastructure and low cost marketing to gain cost advantages.Â  These companies were able to get big cheaper and faster than the first generation internet companies.Â  While he agrees with Fred Willson that [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2007/01/web-20-a-bubble-hype-for-the-lucky-few/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Web start-ups snub the big money &#8211; Technology &amp; Media &#8211; International Herald Tribune</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/11/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune-2/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/11/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune-2/#comments</comments>
		<pubDate>Wed, 08 Nov 2006 00:55:39 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[web]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=61</guid>
		<description><![CDATA[In Web start-ups snub the big money, the International Herald Tribune suggests this is a trend that should be expected to continue for a few if not spread to many companies in the space.â€œBy then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2006/11/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Capital needs for web-startups in question</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/01/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/01/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune/#comments</comments>
		<pubDate>Thu, 19 Jan 2006 13:57:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=48</guid>
		<description><![CDATA[In Web start-ups snub the big money, the International Herald Tribune suggests web start-ups will continue to use less capital. This is a trend that should be expected to continue for a few if not spread to many companies in the space.&#8221;By then, Meebo was being courted by venture capitalists, but it decided to take [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2006/01/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>NVCA Model Financing Documents</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/02/nvca-model-financing-documents/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/02/nvca-model-financing-documents/#comments</comments>
		<pubDate>Thu, 12 Feb 2004 03:15:57 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=26</guid>
		<description><![CDATA[The National Venture Capital Association has prepared this set of model legal documents: Term Sheet Stock Purchase Agreement Certificate of Incorporation Investor Rights Agreement Voting Agreement Right of First Refusal and Co-Sale Agreement Management Rights Letter Model Opinion Letter Model Indemnification Agreement According to the site, &#8220;the model documents aim to: reflect industry norms be [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2004/02/nvca-model-financing-documents/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Value of Offshoring</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/107120042341772843/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/107120042341772843/#comments</comments>
		<pubDate>Fri, 30 Jan 2004 19:25:43 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[USA politics]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[offshoring]]></category>
		<category><![CDATA[outsourcing]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=23</guid>
		<description><![CDATA[Offshoring &#8211; Relocating the back office Dec 11th 2003 From The Economist print edition The Organizational Implications of Offshore Outsourcing 24 October 2003 Diane Morello Acrobat Version Offshoring: Is it a Win-Win Game? McKinsey Global Institute August, 2003 The Irony of Outsourcing By Kevin Laws on November 18, 2003 09:03 PM supports the argument that [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2004/01/107120042341772843/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Seeking the Unconventional Accurate Prediction</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/seeking-the-unconventional-accurate-prediction/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/seeking-the-unconventional-accurate-prediction/#comments</comments>
		<pubDate>Wed, 14 Jan 2004 19:26:52 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[predictions]]></category>
		<category><![CDATA[trends]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=15</guid>
		<description><![CDATA[Bill Gurley outlines the future trends in VC investing via the ever present 2 x 2 matrix (Accurate vs. Inaccurate x Conventional vs. Non-conventional). Of course, we can all agree that inaccurate predictions are worthless. Gurley suggests the Conventional/Accurate predictions are also worth very little. The market prices the high expectations into a marketable security [...]]]></description>
		<wfw:commentRss>http://dwaynenesmith.com/blog/archives/2004/01/seeking-the-unconventional-accurate-prediction/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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