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Learn everything about French doors now

If a personmade the decision to purchase entrances of French Doors style for your your home, the following phase anyone currently have to try to make is to select screen covers. You actually may choose to set up different shades or window shades that can transfer light source possibly even while closed down, or block up it out for total personal privacy. Use pocket door sections with fine window treatments or curtains to hide out the interior part that opened on to a outdoor patio or porch. Use components to increase the room’s design. If everyone plan in advance to include dimensions to your own personal indoor living room, or produce a chance to have got a few privateness in your room or space a person might additionally the rod pocket door screen to protect your inside doors. You may possibly try to use actual curtains, which still transfer the light, for example red-colored sheers.

The MS nerd: Rhythm


This is a little something about Microsoft’s 2012 through 2014 platform plan. As always Microsoft and I are equally unreliable.


CES 2012
Win8 + WinStore beta
Tango1 launch

MWC 2012
Tango2 SDK

MIX 2012
Win8 RC
<ONM> beta
Tango2 launch + Apollo announce
Kinect commercial SDK

E3 2012


Original image by Diana Walker for Time.


Cheat sheets for drawing with 53’s Paper app

Peter Thiel’s CS183: Startup - Class 7 Notes Essay


Here is an essay version of my class notes from Class 7 of CS183: Startup. Errors and omissions are mine.

Roelof Botha, partner at Sequoia Capital and former CFO of PayPal, and Paul Graham, partner and co-founder of Y Combinator, joined this class as guest speakers. Credit for good stuff goes to them and Peter. I have tried to be accurate. But note that this is not a transcript of the conversation.

Class 7 Notes Essay—Follow the Money

I.  Venture Capital and You

Many people who start businesses never deal with venture capitalists. Founders who do interact with VCs don’t necessarily do that early on. First you get your founders together and get working. Then maybe you get friends, family, or angels to invest. If you do end up needing to raise a larger amount of capital, you need to know how VC works. Understanding how VCs think about money—or, in some cases, how they don’t think about it and thus lose it—is important. 

VC started in late 1940s. Before that, wealthy individuals and families were investing in new ventures quite frequently. But the idea of pooling funds that professionals would invest in early stage companies was a product of the ‘40s. The Sand Hill road, Silicon Valley version came in the late 1960s, with Sequoia, Kleiner Perkins, and Mayfield leading the field. 

Venture basically works like this:  you pool a bunch of money that you get from people called limited partners. Then you take money from that pool and invest it in portfolio companies that you think are promising. Hopefully those companies become more valuable over time and everybody makes money. So VCs have the dual role of encouraging LPs to give them money and then finding (hopefully) successful companies to back.

Most of the profits go back to LPs as returns on their investment. VCs, of course, take a cut. The typical model is called 2-and-20, which means that the VC firm charges an annual management fee of 2% of the fund and then gets 20% of the gains beyond the original investment. The 2% management fee is theoretically just enough to allow the VC firm to continue to operate. In practice, it can end up being a lot more than that; a $200m fund would earn $4m in management fees under a 2-and-20 structure. But it’s certainly true that the real payout that VCs look for come with the 20% cut of the gains, which is called the carry.

VC funds last for several years, because it usually takes years for the companies you invest in to grow in value. Many of the investments in a given fund either don’t make money or go to zero. But the idea is that the companies that do well get you all your money back and then some; you end up with more money in the fund at the end than LPs put in to begin with.

There are many dimensions to being a good VC. You have to be skilled at coming up with reasonable valuations, identifying great entrepreneurs, etc. But there’s one dimension that is particularly important, yet surprisingly poorly understood. It is far and away the most important structural element of venture capital: exponential power. This may seem odd because it’s just basic math. But just as 3rd grade arithmetic—knowing not just how many shares you get, but dividing that by the shares outstanding—was crucial to understand equity, 7th grade math—understanding exponents—is necessary to understand VC.

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Allen Paltrow: My Experience with Jobs and Apple


Update: I have appended this follow-up. All Photos are by Sara Krulwich, staff photographer at the NYT and my mother, with two exceptions. The last is a Reuters picture taken at the event, and the first is credited AP Photo/Dima Gavrysh.

Growing up I was a huge apple fan-boy (fine, still am.)…