Matches for ninjashogun, 1788 total results Sorted by newest | relevance
Mon Mar 17 23:40:23 UTC 2014 <ninjashogun> ughlol, you can interact with him here. But I woudn't solicit funding at this stage.
Mon Mar 17 23:40:10 UTC 2014 <ninjashogun> When you buy a lottery ticket you get less than a dollar on each dollar you spend. (on average). But investments aren't the same.
Mon Mar 17 23:39:43 UTC 2014 <ninjashogun> benkay - the lottery argument is that it's a net loss. But the whole of the PE (private equity) market is a net gain (for all participants). It's an inflating pie.
Mon Mar 17 23:39:14 UTC 2014 <ninjashogun> and I also think that ughlol is wrong to do so.
Mon Mar 17 23:39:06 UTC 2014 <ninjashogun> benkay - no, I don't seek investment here
Mon Mar 17 23:38:56 UTC 2014 <ninjashogun> But when Mark Zuckerberg was at Harvard and scamming some guy with a map site out of $2000 that he used to partly build Facebook....
Mon Mar 17 23:38:32 UTC 2014 <ninjashogun> that's why those people play those "retarded games".
Mon Mar 17 23:38:16 UTC 2014 <ninjashogun> they sell their funds to their LP's (limited partners)
Mon Mar 17 23:38:02 UTC 2014 <ninjashogun> benkay because (I heard this from a guy named rmah, active on #startups) because VC's are WAY better salesmen than you or I will ever be.
Mon Mar 17 23:37:39 UTC 2014 <benkay> ninjashogun: so why would anyone play a retarded game like that?
Mon Mar 17 23:37:22 UTC 2014 <ninjashogun> The net result (the 2 and 20 basis) of VC's working 60-100 hours a week on investment opportunities, proprietary dealflow, networking, term sheets, introductions, everything.... is a return just shy of passive over the counter index investment.
Mon Mar 17 23:36:33 UTC 2014 <ninjashogun> However, we do need to keep a few things in mind. Did you know that VC's (private VC's, managing Limited Partners' cash) get a little bit short of the NASDAQ in returns over the 10-year period of their funds?
Mon Mar 17 23:35:55 UTC 2014 <ninjashogun> I told ughlol as much.
Mon Mar 17 23:35:51 UTC 2014 <ninjashogun> I also consider it a terrible suggestion to ask for funding here, so on that I'm agreed.
Mon Mar 17 23:35:39 UTC 2014 <ninjashogun> Dimsler, I haven't asked for anything.
Mon Mar 17 23:35:27 UTC 2014 <Dimsler> ninjashogun, can you and ughlol panhandle elsewhere?
Mon Mar 17 23:35:11 UTC 2014 <ninjashogun> ( http://pastebin.com/iTLNPmmq )
Mon Mar 17 23:34:38 UTC 2014 <BingoBoingo> ninjashogun: The fact of the matter is that you can not recharacterize old text as a misrepresentation of a bunch of new text, yet to be released
Mon Mar 17 23:34:36 UTC 2014 <ninjashogun> Dimsler, did you catch the fact that I posted my whole convo (where I first met him) with ughlol?
Mon Mar 17 23:34:13 UTC 2014 <ninjashogun> mircea_popescu, yes, this is the big defense of trolls. That if it does succeed it's luck, if it fails then obviously it's because it was a dumb idea just as shown by the trolls.