Wednesday, November 21, 2007

The 20 Worst VC Investments

Here is an article titled "The 20 worst VC investments of all time". The definition of "worst" and "of all time" are debatable but it is an interesting look at some investments.

http://www.insidecrm.com/features/20-worst-vc-investments-111907

How long should your resume be?

Came across an interesting article on length of resume. Please be aware that different countries might have different norms on resume length, style, etc. Below article is relevant to US. I have found it cumbersome to go through resumes longer than 2 pages. For PhD applying for a research job, of course more pages will be needed.

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How Long Should Your Resume Be?
Following these general guidelines can dramatically improve your chances of creating a great resume. By Warren Simons

Whether it's outsourcing, the tech bust, or the influx of new job seekers, competition for IT positions has dramatically increased over the past few years. To stand out from the rising tide of competition, it's essential to make sure that your resume clearly demonstrates professionalism to a prospective employer.

Read complete article at:
http://career-resources.dice.com/technical-resume/how_long_should_your_resume_be.shtml

Tuesday, September 18, 2007

Perfect safety

An interesting and inspirational quote from one of the greatest inventors of all time - Wilbur Wright (airplane)

"If you are looking for perfect safety, you will do well to sit on a fence and watch the birds; but if you really wish to learn, you must mount a machine and become acquainted with its tricks by actual trial." - from an article Wilbur Wright wrote in 1901, quoted at the Aeronautical Museum in San Diego, CA

The safest option in life and career is to sit still, make no changes and take the lowest risk option. However some things just simply cannot be learned this way.

What if Wilbur had taken the safe approach?

My challenge to you - are you sitting on a fence and watching the birds or do you really want to learn?

Thursday, July 19, 2007

VC in emerging markets is mutually beneficial

Recent news item below from Bessemer Ventures is a trend these days, where a lot of investments are going to China and India. These US based funds get access to true venture style investments while China and India get access to capital and expertise that helps them grow companies that will drive their economies. It is a win-win.

See one of my earlier posts on long term positive impact of Venture capital on the US economy:
Venture Capital benefits the economy

This VC investment flow to China and India will have positive outcomes for these countries - of course, investors in the US benefit as well since they get access to opportunities that do not exist in the US.

Deepu

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Bessemer To Devote $350M Of New $1B Main Fund To India
By Rebecca Buckman 7/19/2007

Bessemer Venture Partners is expanding its presence in India, earmarking $350 million of a new $1 billion fund to tap the country's fast-growing economy.

Bessemer has made 12 investments in Indian companies from its current investing fund, raised in 2004. They include a hotel chain, a financial-services firm and a company that makes components for air conditioners, says Rob Chandra, the Bessemer managing partner heading up the firm's Indian efforts. The new fund is expected to be announced today.

Bessemer's move to devote a portion of the firm's main fund for Indian investments - instead of raising a separate, dedicated fund - runs counter to the trend in Silicon Valley, where firms have set up distinct funds to invest in countries like India and China. Indeed, Bessemer had been thinking about raising a separate fund, VentureWire previously reported.

Mr. Chandra says investing globally out of a single fund would create a "good alignment of interests" between the fund's investors and Bessemer's partners, who would make money only if the fund as a whole turned a profit for its investors. Investors in venture firms with multiple funds often make money in some funds but lose money in others, he said.

Bessemer will likely collect a traditional management fee, generally at least 2% of assets, of the $1 billion fund.


http://www.bvp.com