A blog reader who I know and have worked with in the past asked me the following question: I was interested in your thoughts on when entrepreneurs realize they need experienced help and have taken the company as far as they can, when they let go, when they stay too long and the real smart ones that know when to bring someone like me in early and work with me instead of fighting against me.

One of my favorite words is “fuck” – I’ve always viewed it as one of the most versatile words in the human language. My mom used to cringe whenever I said it – now she just smirks at me. Imagine my delight when I came across a scholary paper titled “Fuck” by Christopher Fairman of the Ohio State University – Michael Moritz College of Law. Fairman’s paper is phenomenal. In his words, his goal with the paper is as follows:

Every now and then I run into a new VC term in a term sheet that I’ve never seen before. My legs tremble with excitement as I stare at the words to dissect what they mean. On Friday, a long time friend sent me the following new and exciting term. Compelled Sale Right: So long as VC (together with its permitted transferees) continues to hold at least 10% of the outstanding common shares (on an as-converted basis), and so long as an IPO has not been completed, then, at any time from and after the seventh anniversary of the transaction, if VC or the Company shall receive a bona fide offer from an unaffiliated third party to purchase 100% of the equity of the Company, VC shall have the right to cause each other stockholder to sell such stockholder’s equity securities on the same terms and conditions applicable to VC.

Last Thursday, Tucows announced that it was buying Boulder’s NetIdentity. At a deal value of over $20m, it’s healthy for a company with only 10 employees, although my understanding is that NetIdentity was very profitable. Four other Boulder software companies have been bought in the past few months – @Last (Google), Vexcel (Microsoft), Wall Street on Demand (Goldman Sachs), and Micro Analysis & Design (Alion). I sense opportunities for luxury goods retailers in the Boulder County area.

I got to spend Father’s Day with my dad. We’re sitting at my dining room table, laptop to laptop, while I help him out with his blog. There was a priceless cartoon in the most recent New Yorker that shows two kids walking down the street with one saying to the other, “For Father’s Day, I’m giving my dad an hour of free tech support.” Daniel (and all the other fathers out there) – happy father’s day to you also.

On my trip last week, I tried a few times to read Al Gore’s An Inconvenient Truth but just couldn’t get into on the road. So – I gobbled down Barry Eisler’s new John Rain book (The Last Assassin) and the new 24 book (24 Declassified: Operation Hell Gate). Both were awesome and helped pass the time on a couple of the flights where my brain was baked but I didn’t feel like sleeping.

I’ve written plenty on Work / Life balance and have spoken broadly about it with a number of people in the past year. Howard Morgan – a long time VC and colleague (he was one of the first guys I ran into when I started working with Softbank in 1996) has an interesting post up about Work / Work balance. Amy and I spent a lot of time talking about this on our “walk to the reservoir” this morning – managing one’s time within the context of work – especially if it’s distributed across a number of projects (or companies) is – in many cases – even harder than the elusive Work / Life balance thing. Good thoughts Howard.

Eric has a great use case for the Slingbox and the World Cup. Since the only real excitement in soccer is a goal or a penalty (I know, blasphemy), multitasking with soccer is easy. The photo example is here.

I love to read Joel Spolsky’s stuff – in addition to being a well known software developer, he’s an excellent writer and superb story teller. His ode to Bill Gates – “My First BillG Review” – is a blast from the past. In addition to a really interesting story, you get to find out why the data functions in early versions of Excel work differently for January and February 1900.