Headcount: Woe Be Gone

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rjmcmahon 12/5/2012 | 12:11:05 AM

re: Headcount: Woe Be Gone ThurstonHowell3rd comments about "drival": the drival on this discussion thread regarding housing prices.

Letting people know that they are in the midst of a three trillion dollar real estate bubble is far from drival.

And if drival is what you are seeking, besides creating your own, (which you masquerade as meaningful "contributions" and fools only yourself), then the following article would be of interest.

http://www.bayarea.com/mld/mer...

Capitalist ventures out with charity
By Peter Delevett
Mercury News

...

Take Bud Colligan, a venture capitalist at blue-chip Accel Partners.

In 1999, with the bubble in full swoosh, Colligan started a side project called Silicon Valley Community Ventures. He wanted to take the VC model of seeding start-ups beyond the realm of geeks and business grads.

``Lots of businesses didn't have access to the capital and expertise that Silicon Valley represented,'' Colligan says. By inviting more players in, he hoped to make a difference in less privileged pockets of society.'

Reading on, one finds out about another misguided VC who claims to "help" society by posing as a non-profit institution while they make sure their investors get their ROI. They create portfolio "companies" which sell high end deserts and satchels for a labor market who can use these items to serve our so-called upperclass.

Give us all a break. Using limited partners money to build country clubs and hire "underprivileged" who serve overpriced sweets is not charity and deserves no press recognition. Urghh.

One can only wonder how bad this crap has infected our society. Maybe SARs isn't all that scary nor is it the disease that is hurting the world's economy?

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rjmcmahon 12/5/2012 | 12:11:04 AM

re: Headcount: Woe Be Gone [Repost, separating Peter's words from mine by closing the italics properly.]

ThurstonHowell3rd comments about "drival": the drival on this discussion thread regarding housing prices.

Letting people know that they are in the midst of a three trillion dollar real estate bubble is far from drival.

And if drival is what you are seeking, besides creating your own, (which you masquerade as meaningful "contributions" and fools only yourself), then the following article would be of interest.

http://www.bayarea.com/mld/mer...

Capitalist ventures out with charity
By Peter Delevett
Mercury News

...

Take Bud Colligan, a venture capitalist at blue-chip Accel Partners.

In 1999, with the bubble in full swoosh, Colligan started a side project called Silicon Valley Community Ventures. He wanted to take the VC model of seeding start-ups beyond the realm of geeks and business grads.

``Lots of businesses didn't have access to the capital and expertise that Silicon Valley represented,'' Colligan says. By inviting more players in, he hoped to make a difference in less privileged pockets of society.'

Reading on, one finds out about another misguided VC who claims to "help" society by posing as a non-profit institution while they make sure their investors get their ROI. They create portfolio "companies" which sell high end deserts and satchels for a labor market who can use these items to serve our so-called upperclass.

Give us all a break. Using limited partners money to build country clubs and hire "underprivileged" who serve overpriced sweets is not charity and deserves no press recognition. Urghh.

One can only wonder how bad this crap has infected our society. Maybe SARs isn't all that scary nor is it the disease that is hurting the world's economy?

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rjmcmahon 12/5/2012 | 12:11:03 AM

re: Headcount: Woe Be Gone The internet is built, unless government steps in to spur growth and build it out some more it is what it is. It won't be upgraded until this economic malaise is over. Try 10 - 20 years. Carriers will only fix what is broken...they won't upgrade. This is reality.

If you don't mind, I'll loudly disagree with a couple of your assertions.

1) THE INTERNET IS NOT YET BUILT. WE HAVE NO ACCESS TO IT. FRAUDBAND IS NOT A VIABLE OPTION FOR US.

2) GOVERNMENT IS, WE THE PEOPLE, FOR THE PEOPLE, AND BY THE PEOPLE.

We'll need to recognize these two things before we can turn around this period of economic malaise which infects our industry and limits our potential.

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AAL6 12/5/2012 | 12:10:59 AM

re: Headcount: Woe Be Gone Do you mind clarifying your statements?
What is the difference between the "internet" and the "fraudband" (or "fraud-up"?).
Secondly, "government is we (and so on)"?. I personally don't think so. Do you live in D.C.?
Definitely not in FL ;)
Try to change a guy on top, or anyone in Pen. Ave., and then, if successfull, say those words about us and the government.

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single mode figure 12/5/2012 | 12:10:59 AM

re: Headcount: Woe Be Gone You make some very interesting points. Turning inward often is required by both governments and individuals. However, we have built an ecomony where all that matter is consumption not compassion, so we are all jockeying for position.

The larger question is where are our business leaders, aside from protecting their own and staying rich to avoid the fray. Social unrest is something that only certain segments of our society have to deal with, historically, let is burn baby burn, was the outcry.

Now that middle and upper middle class americans are confronting their worst fears, being dislocated to another social catagory. We is the government when you need them, this war was the Bushshirts way of keeping the upper class well lubricated, do you think for a moment that the Bushshirts are concerned about a domestic economy...think again

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wilecoyote 12/5/2012 | 12:10:59 AM

re: Headcount: Woe Be Gone I get a kick out of these boards, really. So much speculation and so little fact. So much BS and so much envy.

Why the negativism around Procket? Hype? Bullsh_t. They've never hyped anything about the place. I think they've put out about three press releases in their four year history.

Procket has over $100M in cash. To the naysayers: wait and see. To the Juniper and Cisco employees on these boards trying to spook the customers: wait and see. What are you worried about?

Procket has a product now, and they have lots of cash. They don't need 200 engineers hanging around idle, burning $5M a month. Now's the time to turn this product company into a sales company.

Randall Kruep and Tony Li are two guys who have had huge success in their careers. I'll bet on them any day of the week, vs. the 500 half assed hype machine, no name startups trying to do optical this and thats and begging for asset sales to save face.

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joe_average 12/5/2012 | 12:10:58 AM

re: Headcount: Woe Be Gone wilecoyote just didn't get it and wrote:

I get a kick out of these boards, really. So much speculation and so little fact. So much BS and so much envy.

Why the negativism around Procket? Hype? Bullsh_t. They've never hyped anything about the place. I think they've put out about three press releases in their four year history.

Procket has over $100M in cash. To the naysayers: wait and see. To the Juniper and Cisco employees on these boards trying to spook the customers: wait and see. What are you worried about?

Procket has a product now, and they have lots of cash. They don't need 200 engineers hanging around idle, burning $5M a month. Now's the time to turn this product company into a sales company.

Randall Kruep and Tony Li are two guys who have had huge success in their careers. I'll bet on them any day of the week, vs. the 500 half assed hype machine, no name startups trying to do optical this and thats and begging for asset sales to save face.

---------------------------------------

Wiley,

The point is that Procket just jetisoned 100 people who helped get them to where they are now. For those 100 families, this sucks. That's the point - not what they are or aren't going to do in the future. I can guarantee you that there are 100s of people who care a lot less today then they did a week ago.

It would be good if we were to all remember that there are real people behind these layoff stories.

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joe_average 12/5/2012 | 12:10:57 AM

re: Headcount: Woe Be Gone wilecoyote shockingly replied:

You know what Joe? You're absolutely right! There are real lives and real families at stake, kids to feed, etc. I lose sleep at least once a week over my own ability to provide for my wife and kids, so I feel it too.

Now I feel like a jerk. Seriously.

We're in a Darwinian mode of survival. I get caught up in the harshness myself.

Sorry.
WC

--------------------------------
Wow! You are a bigger man than I am (even if you happen to be female) to admit to a change of mind.

I'll have to learn some humility from you. Maybe even BobbyMax might learn something....Nah, won't happen. :)

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walter_100 12/5/2012 | 12:10:57 AM

re: Headcount: Woe Be Gone Dude wile,
These guys are employees and not contractors. A company has a commitment towards its employees.
You probably dont know what a layoff means in this environ and hence the senseless comment.
These are real people and not theatrical characters!
Wake up!
--------------------------------------------------
Procket has a product now, and they have lots of cash. They don't need 200 engineers hanging around idle, burning $5M a month. Now's the time to turn this product company into a sales company

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wilecoyote 12/5/2012 | 12:10:57 AM

re: Headcount: Woe Be Gone You know what Joe? You're absolutely right! There are real lives and real families at stake, kids to feed, etc. I lose sleep at least once a week over my own ability to provide for my wife and kids, so I feel it too.

Now I feel like a jerk. Seriously.

We're in a Darwinian mode of survival. I get caught up in the harshness myself.

Sorry.
WC

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