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	<title>Comments on: Silicon Valley Charm School, Attendance Zero</title>
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	<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/</link>
	<description>Geek stuff, Electronics, Gadgets, and Web Development</description>
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		<title>By: Scott Jangro</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-159058</link>
		<dc:creator>Scott Jangro</dc:creator>
		<pubDate>Wed, 11 Nov 2009 21:16:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-159058</guid>
		<description>Thanks for the clarification.  You&#039;re correct on failure.  But with success, they&#039;re the first to want to get their money and then some.  Maybe I should have said indebted, not debt.  &lt;br&gt;&lt;br&gt;eh, I should have left the parentheticals out completely. :)</description>
		<content:encoded><![CDATA[<p>Thanks for the clarification.  You&#39;re correct on failure.  But with success, they&#39;re the first to want to get their money and then some.  Maybe I should have said indebted, not debt.  </p>
<p>eh, I should have left the parentheticals out completely. <img src='http://www.jangro.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: funny t shirts</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-133320</link>
		<dc:creator>funny t shirts</dc:creator>
		<pubDate>Tue, 23 Dec 2008 10:29:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-133320</guid>
		<description>I would say that perception of affiliate marketers is that they are one notch above used car salesman. However, I do not believe it has been brought to the main stream public and 100k checks have not been shown as the norm by any means and so the only people who know what an affiliate marketer is are internet minded people who have little use for affiliates. </description>
		<content:encoded><![CDATA[<p>I would say that perception of affiliate marketers is that they are one notch above used car salesman. However, I do not believe it has been brought to the main stream public and 100k checks have not been shown as the norm by any means and so the only people who know what an affiliate marketer is are internet minded people who have little use for affiliates.</p>
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		<title>By: James newell</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-133213</link>
		<dc:creator>James newell</dc:creator>
		<pubDate>Mon, 22 Dec 2008 06:26:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-133213</guid>
		<description>There&#039;s a lot to be said for being nice and playing by the rules - I&#039;m reading tom Monaghan&#039;s biography (Domino&#039;s Pizza) and he plays it straight all the way. Manners and politeness cost nothing - this gets lost in the world of business all too often methinks. </description>
		<content:encoded><![CDATA[<p>There&#039;s a lot to be said for being nice and playing by the rules &#8211; I&#039;m reading tom Monaghan&#039;s biography (Domino&#039;s Pizza) and he plays it straight all the way. Manners and politeness cost nothing &#8211; this gets lost in the world of business all too often methinks.</p>
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		<title>By: wilson</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132900</link>
		<dc:creator>wilson</dc:creator>
		<pubDate>Fri, 19 Dec 2008 09:05:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132900</guid>
		<description>I loved the Sun Tzu&#039;s Quotes and it all make sense to me... </description>
		<content:encoded><![CDATA[<p>I loved the Sun Tzu&#039;s Quotes and it all make sense to me&#8230;</p>
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		<title>By: sevim</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132660</link>
		<dc:creator>sevim</dc:creator>
		<pubDate>Tue, 16 Dec 2008 07:42:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132660</guid>
		<description>Your site is so nice. Esperially it is nice as visual. </description>
		<content:encoded><![CDATA[<p>Your site is so nice. Esperially it is nice as visual.</p>
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		<title>By: Patrick Grady</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132554</link>
		<dc:creator>Patrick Grady</dc:creator>
		<pubDate>Mon, 15 Dec 2008 17:40:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132554</guid>
		<description>My 2 favorite quotes from Sun Tsu are...

&quot;We cannot enter into alliances until we are acquainted with the designs of our neighbors.&quot;

Entering partnerships in business, requires an unrushed courting period, where you get your last chance to learn if she&#039;s a good match, with good intentions, before any damage can be done.

~~~~~~~~~~

&quot;The difficulty of tactical maneuvering consists in turning the devious into the direct, and misfortune into gain.&quot;

Optimists is business, see opportunities where many see as obstacles, making this not only a Sun Tsu classic, be a real life Yin-Yang truth.  Conquering obstacles (aka achievement) first requires you to recognize them, them to have the will to try to vanquish them, then the savvy and patience and intellect to devise and implement tactics to that end.

~~~~~~~~~~~~~

These antagonists, Calcanis and Arrington, to me, are just the road noises we hear along the way on our ride.  Beep, beep.</description>
		<content:encoded><![CDATA[<p>My 2 favorite quotes from Sun Tsu are&#8230;</p>
<p>&#8220;We cannot enter into alliances until we are acquainted with the designs of our neighbors.&#8221;</p>
<p>Entering partnerships in business, requires an unrushed courting period, where you get your last chance to learn if she&#8217;s a good match, with good intentions, before any damage can be done.</p>
<p>~~~~~~~~~~</p>
<p>&#8220;The difficulty of tactical maneuvering consists in turning the devious into the direct, and misfortune into gain.&#8221;</p>
<p>Optimists is business, see opportunities where many see as obstacles, making this not only a Sun Tsu classic, be a real life Yin-Yang truth.  Conquering obstacles (aka achievement) first requires you to recognize them, them to have the will to try to vanquish them, then the savvy and patience and intellect to devise and implement tactics to that end.</p>
<p>~~~~~~~~~~~~~</p>
<p>These antagonists, Calcanis and Arrington, to me, are just the road noises we hear along the way on our ride.  Beep, beep.</p>
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		<title>By: Peter Latterkonsulent</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132526</link>
		<dc:creator>Peter Latterkonsulent</dc:creator>
		<pubDate>Mon, 15 Dec 2008 12:22:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132526</guid>
		<description>I would agree with you on the charm school part. I am not at all in either of these businesses, but i get amaised at how people like to talk trash. Why can&#039;t people just do their thing and let other do their thing. well it&#039;s not Sun Tzu, just my 2 cents</description>
		<content:encoded><![CDATA[<p>I would agree with you on the charm school part. I am not at all in either of these businesses, but i get amaised at how people like to talk trash. Why can&#8217;t people just do their thing and let other do their thing. well it&#8217;s not Sun Tzu, just my 2 cents</p>
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		<title>By: David Francis</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132525</link>
		<dc:creator>David Francis</dc:creator>
		<pubDate>Mon, 15 Dec 2008 12:02:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132525</guid>
		<description>Scott, you are right about VCs using debt.  It&#039;s just that it&#039;s sometimes it&#039;s rather disguised.

I worked for a company that received VC financing, but it emerged later that there was interest accruing for the amount the VCs had put into the company.  This meant that when we eventually went public (after many years), the VCs were paid back their interest from the proceeds of going public, and then they also got to cash out of their stock (they owned most of the company).  To be fair, they would have lost everything if the company failed, but they did get this extra &quot;bump&quot; in the terms that they negotiated, which really wasn&#039;t talked about openly - it just slipped out at a meeting.

The explanation I heard was that this provided an incentive to exit quickly, before more interest piled up.  Incentive indeed!

I haven&#039;t heard people talking much about this tactic.  Usually it&#039;s just the VC=Equity Financing thing.  But here&#039;s a pdf that talks about it in some more detail:
www.yvcs.org/uploads/1118448011Venture%20Debt_final.pdf

Personally, I&#039;ll take $100k in affiliate revenue with no strings attached over $10mil in VC funding any day.  But then again, I&#039;m a salesman at heart.</description>
		<content:encoded><![CDATA[<p>Scott, you are right about VCs using debt.  It&#8217;s just that it&#8217;s sometimes it&#8217;s rather disguised.</p>
<p>I worked for a company that received VC financing, but it emerged later that there was interest accruing for the amount the VCs had put into the company.  This meant that when we eventually went public (after many years), the VCs were paid back their interest from the proceeds of going public, and then they also got to cash out of their stock (they owned most of the company).  To be fair, they would have lost everything if the company failed, but they did get this extra &#8220;bump&#8221; in the terms that they negotiated, which really wasn&#8217;t talked about openly &#8211; it just slipped out at a meeting.</p>
<p>The explanation I heard was that this provided an incentive to exit quickly, before more interest piled up.  Incentive indeed!</p>
<p>I haven&#8217;t heard people talking much about this tactic.  Usually it&#8217;s just the VC=Equity Financing thing.  But here&#8217;s a pdf that talks about it in some more detail:<br />
<a href="http://www.yvcs.org/uploads/1118448011Venture%20Debt_final.pdf" rel="nofollow">http://www.yvcs.org/uploads/1118448011Venture%20Debt_final.pdf</a></p>
<p>Personally, I&#8217;ll take $100k in affiliate revenue with no strings attached over $10mil in VC funding any day.  But then again, I&#8217;m a salesman at heart.</p>
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		<title>By: Scott Jangro</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132561</link>
		<dc:creator>Scott Jangro</dc:creator>
		<pubDate>Mon, 15 Dec 2008 07:26:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132561</guid>
		<description>Testing intensedebate.  repying to myself. </description>
		<content:encoded><![CDATA[<p>Testing intensedebate.  repying to myself.</p>
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		<title>By: Jim Kukral Business Coaching</title>
		<link>http://www.jangro.com/business/silicon-valley-charm-school-attendance-zero/comment-page-1/#comment-132492</link>
		<dc:creator>Jim Kukral Business Coaching</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:17:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.jangro.com/?p=865#comment-132492</guid>
		<description>Oh, how 99% of those valley companies who burnt through their angel money wish right now they had a stealthy, profitable affiliate marketing model.</description>
		<content:encoded><![CDATA[<p>Oh, how 99% of those valley companies who burnt through their angel money wish right now they had a stealthy, profitable affiliate marketing model.</p>
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