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Senior executives, on-air personalities, producers, reporters, editors, writers and other self-identifying employees of ABC, CBS and NBC contributed more than $1 million to Democratic candidates and campaign committees in 2008, according to an analysis by The Examiner of data compiled by the Center for Responsive Politics.

The Democratic total of $1,020,816 was given by 1,160 employees of the three major broadcast television networks, with an average contribution of $880.

By contrast, only 193 of the employees contributed to Republican candidates and campaign committees, for a total of $142,863. The average Republican contribution was $744.

Disclosure of the heavily Democratic contributions by influential employees of the three major broadcast networks follows on the heels of controversy last week when it was learned that media baron Rupert Murdoch’s News Corp. contributed $1 million to the Republican Governors Association.

Obama, Democrats got 88 percent of 2008 contributions by TV network execs, writers, reporters | Washington Examiner

Sawickipedia: Everyone’s biased and the more the individuals in the media business are honest about their biases the better.

Check back Sept. 8 to order
NFL SUNDAY TICKET™ To-Go

DIRECTV: NFL SUNDAY TICKET To-Go

Landing Page design fail.  No signup, no submit email for reminder - just come back on Sept. 8th.  Seriously is this 1996? #FAIL

If you are a “startup” that’s looking to launch a feature, then yes, be concerned about Facebook. However if you are a legitimate entrepreneur, you’d be smart enough to realize that you’ll need to bring more to the table in order to have any sort of acquisition (and even more important, build revenue).

CalXXXis Pays Lip Service To Facebook’s “Embrace” Of Entrepreneurs

Rafer sez:
@nickoneill Jason aside, this comment is completely divorced from the reality of building a company. Fast teams start with a feature and then find a business. That’s the reasonable model, particularly for younger founders. It’s entirely legitimate and you are (very unusually to your credit) spreading disinformation to say otherwise.

(via rafer)

Sawickipedia: Though lost in the hysteria you rightly point out @Rafer is the correct message which is be very, very cautious with your company’s engagement with Facebook.  Facebook has trampled many a company (see Slide, RockYou, our own well documented story at Lookery for those unaware, etc.).  Remember everyone Facebook has made no self-delusional Don’t be Evil motto’s.  Facebook is in business for itself and makes no bones about it.  There is nothing wrong w/ Facebook’s point of view, it is just important for everyone else to realize it and act accordingly.

I can’t spend all of my time with my birth certificate plastered on my forehead,” quipped Obama

Obama blasts lies, disinformation - Glenn Thrush - POLITICO.com

Major LOL.  Seriously though - Birthers NEED TO GET OVER IT.  Yes they are equivalent to the folks who couldn’t let go re: Bush in FL in ‘00.  But just like them, I’ll say it again: NOT WORTH WORRYING ABOUT.  Spilled milk and all that.

The company shares investors and two board members, August Capital’s David Hornik and Focus Ventures’ Steven Bird. Says a source, “Six Apart is hosed, so they are screwing [VideoEgg] by making them buy Six Apart – and [thereby] diluting [VideoEgg] shareholders.” “Venture Capital at it’s worst in my humble opinion.

Six Apart Falling Apart: Investors Push Blogging Platform And Ad Network VideoEgg Toward Merger

Sawickipedia: No comment on whether it’s true or not but the moral of the story for founders: Control is worth a lot of valuation.

Based on this thought process, I think a rough and somewhat objective rubric can be established for when to sell: based on your plan, how long will reality take to catch up with the hope? Time is an important measure of risk in that startup visibility rarely stretches beyond 12 months. When an offer, based on reasonable multiples, is compensating a company for the past year’s performance, selling is about liquidating the asset. When a company is being paid a standard multiple against a high confidence next year plan, selling is still largely about liquidity but does offset a year of risk in the plan. When that multiple is applied to the next two years of risk, the board should be giving very strong consideration to selling. At three years, I think it really is a no brainer.

Hard to know, but I’d guess that the Patzer Problem was more about VC interests than whether it was a no brainer for shareholders, on a dilution adjusted basis, to sell Mint for $170 million. I wonder how many years of Mint’s plan they were being compensated ahead of. Probably they were at a peak of hope. If so, it was a good time to sell.

Selling Out - Anything’s Possible

Sawickipedia: There is no Patzer Problem from the Common Stockholders’ perspective.  3 year’s of future growth is likely a more then reasonable perspective IMO.

We did this by thinking hard about the risk that we had in front of us versus the amount we were being offered for the company. Personally, I also considered the offer in the context of the dilution we would face as we attempted to build revenue and move to cash flow breakeven. We had lots of clarity on that dilution, as we had a $25MM Series B financing in escrow when we sold. With a refresh of the option pool that amounted to 40% dilution, which meant that to our existing shareholders the $95MM offer was the dilution adjusted equivalent to $160MM offer after our next round. In other words, existing shareholders would have the same return after the financing only if we could clear that hurdle.

Selling Out - Anything’s Possible

Sawickipedia: Great post on value of selling “early” as entrepreneur - the dilution adjusted valuation is a very, very important way of thinking about.

“If we are not here there’s a possibility of them being thrown into the river, buried alive or stabbed to death,” Sam said.

He tries to persuade their mother and a crowd of villagers that the three children are not witches - but no one believes him. And so, putting the children in his white pick-up, he drives away to his orphanage and safety.

Sam runs Child’s Rights & Rehabilitation Network, or CRARN — an orphanage that supports nearly 200 children. All of them were accused of witchcraft and cast out by their families, often after being tortured. The orphanage provides security, healthcare, nutrition and counseling.

Children abused, killed as witches in Nigeria - CNN.com

Sawickipedia: So, so, so sad. Nothing gets me more - especially as a parent - is seeing innocent children suffer through no fault of their own.

I just sent a donation to CRARN.  I hope it helps.

Two days after the operation, the recovering mum decided she was ready to go home. ”That was when the midwife said I had one final task to perform. Then she went and got a big white laundry bag and asked me to clean out the room and the bed where I had lain,” she told the newspaper.

Two midwives at the Sundsvall maternity ward admitted that Elin Andersson painted an accurate picture of their workplace.

”She describes precisely those bits that we don’t have time for,” said Gunnel Westerlund. ”Medical safety always comes first and you can’t leave a mother while she’s giving birth. It’s true that we sometimes need to make use of the parents and that doesn’t feel good at all.”

Mother told to clean own room after caesarean - The Local

Sawickipedia: These types of stories from around the world in countries with highly centralized gov’t run/controlled medical systems seem very common.  It’s not what I hope we see with our future medical system.  Honestly, the US model w/ socialized medicine isn’t great - just see the VA hospital system (shall we all recall the horrific quality of care depicted in Born on the Fourth of July?).

I still fail to understand why more folks aren’t pushing for a decentralized model (ie. more free-market lasik, less soviet/NHS command/control) w/ public catastrophic coverage.  The Lasik market is highly competitive, costs are orders of magnitude lower then 20 yrs ago, and quality of care seems very high.  Lower costs, better care.  Seems like a winner to me.

davemorin:

Another idea sent to me by a reader in the vein of small houses. So cool.
Fantasy Forest Tree House Straight out of a Kids Story Book « Dornob

OMG. AWESOME. WANT.

davemorin:

Another idea sent to me by a reader in the vein of small houses. So cool.

Fantasy Forest Tree House Straight out of a Kids Story Book « Dornob

OMG. AWESOME. WANT.