Berkshire Hathaway 2007 Annual Report
I know there are plenty of readers out there that are Warren Buffett fans based on the requests for the "Annual Letters of Buffett Partnership, Limited, 1957 – 1970." The
I know there are plenty of readers out there that are Warren Buffett fans based on the requests for the "Annual Letters of Buffett Partnership, Limited, 1957 – 1970." The
Xconomy has a post up titled Who Knew? Xconomy Uncovers the Strange-But-True Details of Boston’s Innovation Leaders. My bathroom at CU Boulder enabled me to make the list, even though I’ve never really been part of the Boston VC community. The list includes some entrepreneurs (it is a list of the strange proclivities of Boston’s Innovation Leaders after all.) In other VC hobby news, Fred Wilson is digging the new Soul Patch album Sooner or Later. That would be a hobby of my partners Jason and Ryan.
Every day I tell at least one entrepreneur that I am passing on investment in their company. Some times I tell 10. I don’t know what the most in one day is, but it’s probably more than 25. I try to respond to all emails so a lot of these are in the “never were appropriate to pursue” category, but at least one each day is someone that I’ve actually engaged with beyond a cold email that was randomly sent to me.
I can’t decide what the most disturbing part of this is. Robin Williams singing man-crush is reasonably close to the top. Hollywood sure knows how to get its game on – writers strike or not. I’m not even sure I’ve ever seen Jimmy Kimmel before. I definitely don’t need to see him without a shirt on. This is a two part NSFW edition of “things that amuse me, but I’m not sure why.” Only spend time on this if you are willing to give up 10 minutes of your life to some of your favorite movie stars.
If you are a long time reader of this blog, you know I’m a huge Warren Buffett fan. So are many of you – when I offered to send out the “Annual Letters of Buffett Partnership, Limited, 1957 – 1970” I got over 1000 requests and every week I get a new one. (FYI – if you want them, just email me a request and I’ll send them to you, but you have to promise not to post the letters per a request from Buffett.)
The annual Venture Capital in the Rockies conference has been going on all day. I’m taking a short 30 minute break to recharge my “extrovert battery” which is basically used up and about to flip into introvert mode (kind of like a hybrid car.) The conference this year has been a blast and the Colorado weather gods have blessed us with two amazingly beautiful days. Several folks, including David Cohen (TechStars CEO), Todd Vernon (Lijit CEO), and Dan Primack (PE Hub) are liveblogging the events. Great stuff – including Dan’s analysis of the Best Conference Giftbag … Ever (and I’m sure he’s received a few.)
Go to https://mbeta.newsgator.com/d on your cell phone via the browser. Download the appropriate client for your phone (if it’s missing or doesn’t autodetect, please leave a comment here and my friends at NewsGator will work on tuning it.) Run the app. If you have a NewsGator account, you will log in and automagically see your feeds. If you don’t have a NewsGator account you will be prompted to create one and then you are off to the races.
Terry Gold has a nice long rant up on his blog titled The Auditors are here! Now, some of my best friends are auditors, but the state, dynamics, and incentives of the accounting industry have gone from bizarre to complete utter madness. As an investor in many private companies, I ask all of my portfolio companies to have an end of year financial audit. Acquirers require them, you need them if you are ever planning on going public, and it’s just good overall corporate governance.
Interviews with some of last years TechStars founders are up. It’s a short video but gives you a great feel for the experience. We are hosting “TechStars for a day” in Boulder next Wednesday March 5th. Apply to TechStars by Monday March 3rd to be invited to come.
For those of you who read my blog, you know that I hate software patents. My partner, Jason Mendelson, began fighting me on this back in 2000 when we began working together, but a scant eight years later, he’s joined me in the crusade. In fact, he’ll be arguing this position on March 4th at the Silicon Flatirons event. Lawyers (oops, sorry Jason, ex-lawyers) are so quick to change their thinking.