Monthly Archives: November 2006

VCAT (Venture Capital Aptitude Test)

I haven’t really been reading up on my subscribed feeds that were tagged “VC” for a long time, and this is pretty much why… Instead of getting an MBA or JD/MBA and then try to break into VC, I’m probably better off using that money to do my own shit and see what comes out of it…

How to Change the World: The Venture Capital Aptitude Test (VCAT)

Venture capital is something to do at the end of your career, not the beginning. It should be your last job, not your first.

My theory is that when you?re young, you should work eighty hours a week to create a product or service that changes the world. You should not sit in board meetings listening to an entrepreneur explaining why she missed her numbers while you read email on a Blackberry and intermittently spew forth gems like, ?You should partner with MySpace; I can also introduce you to a few of the losers in our portfolio.?

Furthermore, entrepreneurs should view any young person who opted for venture capital over ?real world? experience with contempt. Why would you want advice from someone whose background consists of working in a college bookstore or cranking spreadsheets at an investment bank? Financial models are almost totally irrelevant because there?s no financial wizardry involved in making a good product and selling the heck out of it.

The three worst backgrounds for a venture capitalist are management consulting, investment banking, and accounting. Management consulting is bad because it leads you to believe that implementation is easy and insights are hard when the opposite is true in startups. Investment banking is bad because it leads you to believe that everything can be reduced to cells on a spreadsheet and that companies should be built for Wall Street, not customers. Moreover, investment bankers are oriented towards doing deals, not building companies. Accounting is bad because it leads you to believe that history not only repeats itself, it predicts the future.

Finally, there is the issue of the pertinence of an MBA to venture capital. The upside is that such a degree can provide additional tools and knowledge (such as calculating that 25% of $1.6 billion is $400 million) to help you make investment decisions and to assist entrepreneurs. The downside is that earning this degree (and I have one) causes most people to develop the hollow arrogance of someone who?s never been tested. All told, the downside of an MBA outweighs the upside.

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Apple to ship 300,000 MacBooks this month

After looking at the specs and the prices, especially the prices on Amazon on Black Friday, and playing with the real thing at the SF Apple Store, it was hard not to buy one. They should sell like hot cakes this holiday season…

I plan to blog about my initial experience and impression on Sherry’s new MacBook, so stay tuned…

AppleInsider | Apple to ship 300,000 MacBooks this month – paper

Apple Computer’s new Core 2 Duo MacBooks are selling like popsicles on a hot summer day, with orders for the month of November likely to reach 300,000 units.

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Marijuana advocate plans to roll world’s biggest joint

A medical marijuana user plans to see in the New Year on an all-time high — by rolling the world’s biggest joint.

Los Angeles resident Brett Stone said he aims to usher in 2007 by building a .91-meter (three-foot) cigarette using around 112 grams of marijuana.

Stone said he was inspired to try for a record after learning that the previous biggest joint was made with 100 grams.

“I thought the world’s largest joint would have been a lot larger,”said Stone, 48, who runs the medical marijuana website dabronxnews.com.

“I think a meter (3.3 feet) would be a good, smokeable size joint,” Stone said. “I’m not looking to make a torpedo I’m looking to make a smokeable joint.”

Marijuana advocate plans to roll world’s biggest joint

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ring flash test shoot

So I copped the ABR800, the new ring flash from Alien Bees. Ring flashes are not all that useful unless you need to get this specific look in your images, but the ABR800 actually can be used as a regular flash, Paul C. Buff is a pure genius… 🙂 With the included umbrella mount it pretty much works like another AB800 when you mount it on a light stand. I’ve been wanting to add another light or 2 to my studio so I just went with the ring flash.

Sherry and I did a test shoot with the ring flash tonight. I had the camera mounted on the ring light, hand held, my trusty AB800 with gels in the background directly behind the model. The ring flash isn’t very heavy but after over 400 frames my right forearm got a slight bit tired. Metering was also a bit of a pain, the background light was remotely trigger (tripped by the ring light automatically), but since I had to hold onto the ring light, Sherry had to get readings from my flash meter herself. Not only that, the ring flash came with a rather short sync cord, so I have to switch the sync cord to a longer one to use with the flash meter. Some sort wireless trigger like with a PocketWizard system would definitely make things easier, it would at least eliminate all the sync cords!!

Anyway, the images turned out rather well, it was my very first time using more than one light, using gel and obviously using the ring flash.

Learning studio lighting with a single flash was definitely a good idea, it’s much harder with multiple lights. At first I got the gel in the background but could never get any color to show up in the background, took us a while to figure out why – the ring flash was too close to the background and the intensity was set too high so it was lighting the background itself (without gel) so it became white! HAHA!

Here are a few selected photographs I managed to post-process just now… I picked up a softbox as well, but I will probably test that out when I get the umbrella mount from Alien Bees (they are still working on the mount and will ship them out to me free of charge when they’re available) so I can use the ring thing to light the background when I use my AB800 with the softbox to light the model, I’ll probably need to use my reflector also as a fill.

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More on Flickr camera finder

Just actually read the graphs at the Flickr camera finder page, pretty interesting stuff, The 350D is extremely popular, a far second place was Nikon’s entry-level (at least before the D40 was announced) D50. Canon EOS 20D followed the D50 closely and then we have the D70. So pretty much Flickr is populated with mostly low-end to prosumer DSLRs, which is what I would expect.

For P&S cameras the Canon PowerShots dominated the chart!!

Also I find it interesting that most of these top cameras are fairly dated models, the 300D and the 20D are almost 2 years old, the SD400 is more than a year old at least.

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Flickr new feature: Camera Finder

Saw this from Flickr Blog, pretty cool. I think they have this feature at pbase and I liked it. Like I could find random pictures taken by a particular camera, even a particular lens. It was semi-useful when I was shopping for lenses… 🙂 Flickr should also display lens info in EXIF and allow some kindda auto-tagging camera and lens info, or somehow make them searchable…

See the most popular cameras on Flickr, search by camera model, check our macro, portrait, night and action shots from each model, see the trends for camera usage by manufacturer and find reviews and pricing information – it’s like a whole, um, camera finder on a web site! If you’re curious about the capabilities of a new cameraphone, how good the little point and shoots are going or what people are using the latest digital SLRs for, it’s a pretty fantastic resource.

FlickrBlog

http://www.flickr.com/cameras/

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Etymotic ety8 Bluetooth cans

I am very curious on the SQ on these cans, I think A2DP (Advanced Audio Distribution Profile) uses GAVDP (General Audio/Video Distribution Profile), which could use several lossy codecs like SBC (subband codec), MPEG-1,2 Audio, MPEG-2, 4 AAC, and ATRAC (the evil Sony MiniDisc codec). So my lossless tracks will get compressed when streamed over A2DP, but these IEMs are probably not good enough for me to notice the difference… I will have to try these babies out, and if they work well enough I’ll use them as my running cans… 🙂

I’m sure there are already a bunch of threads on HeadFi about these but I am too lazy to go look…

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