linkedin post 2013-04-05 05:55:40

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A MENTOR CAN OFFER AN ENTREPRENEUR UNTAINTED ALIGNED ADVICE if they have a stock position in the company. VCs have a delicate inherent tension at play: they must first align with the interests of the LP funders to stay in business, and secondarily with the portfolio company. Some do this better than others. But the stock-owning mentor has the same alignment as the founders without this other consideration. Worth bearing in mind at all times when dealing with VCs. View in LinkedIn
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linkedin post 2013-04-10 04:59:15

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THERE ARE ~4,000 SPOOF ACADEMIC JOURNALS TODAY, in the guise of Open Access, thriving on subscription fees and sidestepping peer-review. Matched with the Publish-or-Perish pressures on young academics, this is perhaps not surprising. These shady operators mimic the names of respected academic journals, and charge authors a fee to publish without any review. Spoof banking sites have been around for a long time, but this is a new wrinkle on the Dark Side. http://lnkd.in/r9kgkw View in LinkedIn
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linkedin post 2013-04-09 16:28:53

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THE NIH, WHO, AND OTHER PRIVATE FOUNDATIONS ARE ADOPTING FOR-PROFIT MODELS, as have a number of Voluntary Health Organizations, as they fund the Valley Of Death for early stage therapeutics. This marks the beginning of the end of free money, which is not inappropriate in these times. If these groups can become more self-sustaining, the longer-term outlook may be improved. http://lnkd.in/nCJH8s View in LinkedIn
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linkedin post 2013-04-09 16:19:40

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I THOUGHT THAT S&P's AAA RATING OF PACKAGED DERIVATIVES midwifed the Crisis. So I am perplexed why they are still in the Opinion business, rating counties and castles and kings, not to mention companies. If any of us had made such monumental blunders, if they were blunders, at the least we would be out of a job, or worse, facing criminal charges. http://m.economictimes.com/news/international-business/astrazenecas-new-strategy-gets-thumbs-down-from-sp/articleshow/19446758.cms View in LinkedIn
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linkedin post 2013-04-09 15:54:08

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A CEO MUST LEARN TO WORK WITH THE BOARD, ACTING AS THE PEACEMAKER. It is the CEO's job to set the tone of the company culture internally, which they do actively or by default. This includes setting the culture of the board. The CEO must encourage open discussion, defuse dissent, and be a receptive and curious listener. They should communicate frequently and take considered stands on key issues. If the inside investors are either alienated, or will not co-invest with a new round, the CEO has failed. A CEO who is divisive, political, or argumentative will hurt the company and themselves. View in LinkedIn
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