Archive for March, 2010

Support Boulder’s bid for Google’s 1GB/Second Fiber Project

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Google is planning to launch an experimental fiber-to-home project that will be 100 times faster than most connection – an amazing 1 gigabit per second!

Boulder is working hard to try to be one of the cities chosen for this experiment.  Google wants to hear from us and why we should be included.

Check out BoulderFiber.com and become part of the movement.  It takes about 1 minute to fill out your support form.  The more community involvement we get, the more likely that we’ll be part of this groundbreaking experiment.

March 5th, 2010     Categories: Technology    

NVCA Argues Against Parts of the “Restoring American Financial Sustainability Act”

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Today, I received notice that the NVCA has formally rejected two parts of this lengthy-titled bill.  (You just have to love the names they put on these bills). 

Don’t let your eyes glaze over – this bill, if enacted with currently wording could really hurt innovation in this country.

As I previously wrote, Senator Dodd brought wants to repeal the existing federal preemption of state regulation over “accredited investor” securities offerings. This would end the uniform, national set of rules for financing start-ups. By eliminating regulation that is working well, the draft bill would expose technology startups to a potentially complicated system of patchwork, state-by-state regulation, resulting in higher costs, more legal risks, and the potential of not being able to raise capital because of different rules in different states.

Nothing would be gained from this change: no additional protections would be provided to the accredited angel investors and there would be no benefits to the national financial system or to the economy.  It would just make raising money much harder for entrepreneurs and line the pockets of corporate lawyers who would comply with these new rules.

Secondly, the draft of the bill recommends adjusting the accredited investor standard for inflation. As we understand it, this section would change the current requirement for an individual of $1 million in net worth or $200,000 in annual income to about $2.3 million in net worth or $450,000 plus in annual income. At a time when many accredited investors have lost more than 20 percent of their net worth in 2008 and innovative start-ups are having an increasingly difficult raising equity capital, decreasing the potential pool of angel investors is counter-productive to supporting the very companies that will create new high-paying jobs.

the Angel Capital Association has joined forces with the NVCA.  Hopefully Washington will listen to reason here.  Otherwise, this could have a tremendously bad effect on our ecosystem. 

March 3rd, 2010     Categories: Entrepreneurship, Financings, Frustrations, Policy    

St. Bernadus Abt 12

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St. Bernardus Abt 12 has a great quote on its website regarding the water in its beer:

“Water, pumped up from a depth of 150 meter is the basis of all St. Bernardus beers. This water is not only the purest but has also a historical background. Scientists have proved that the water that is pumped up now, is originating from rainfall from the time of Jeanne d’Arc.”

How does any brewer compete with that? It’s not exactly Rocky Mountain water, but wow.

How about the beer? Nice. Real nice. It’s a bit darker that I would have expected. Call it carmel, but it’s not a dark beer and is nice and smooth. It’s perfect for a cold winter day. My biggest issues was pouring it. No matter how hard I tried the head on this beer was epic. The taste was extremely rich. It doesn’t taste like chocolate, but it’s all that I could think about while imbibing. If I were to guess fruits, I’d go with raisin, plum and maybe add in some spice and licorice (which I realize are not fruits).

This could be an after dinner drink even. It’s also over 10% alcohol, so you wouldn’t want to drink this in large quantities, either. This is definitely a sharing beer.

Mendelson Rating: 8.5/10

March 2nd, 2010     Categories: Beer, Food