Archive | April, 2012

How We Killed the Universe


One summer a few years ago I found myself on a Colorado bluff
with an elevation of about 11,000 feet. As blue skies turned to gold, my companions and I built a fire, cooked ramen noodles, and pulled the cork from a bottle of red wine. We passed the bottle around as the Earth turned its back on the Sun, pulling us into shadows.

One can face east at sunset and watch darkness rise. The darkness climbed higher and soon specks of light began popping out for us from across the oceans of time. The Milky Way hung above us and we became very, very small. Our pasts and our futures seemed to shrink before us and vanish with a wink.

It is a powerful tool to be able to zoom out so far that one’s entire life simply vanishes. If any one experience can be said to put life in perspective, it is most certainly gazing at the starscape above us. I have come to realize the unfortunate truth that many of us are not often afforded this lens. The advent of electricity brought light pollution and in the span of a few generations we have mortally wounded the night sky and with it our window to the universe.… Read More

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Would You Invest in the Netflix for Toys?

Jobs Act

Imagine your otherwise batshit crazy neighbor comes up with a big idea. Really big. The type of idea that could become the next Facebook, Twitter, Pinterest, or maybe just the next Coffee Joulies – how much would choose to invest? Let’s say you’re feeling restless and want to invest $1,000. Your neighbor thinks his idea is worth $50k. He’s willing to give you 2% equity in his idea/company if you put your $1,000 toward getting it started. He wants to go online and find 49 other investors. Today, as far as I can tell, there is no legal framework in the United States that allows this. You save $1,000 and you neighbor goes back to drinking bourbon and spying on lawn gnomes.

President Obama, in the interest of gnome privacy, is preparing to sign the JOBS Act into law on Thursday (April 5, 2012). Once this happens, startups will be able to raise up to $1 million in funding from non-accredited investors (read: regular people). This appears to accomplish two big things:

  • It increases the total amount of money available to startups (theoretically should increase the number of startups that…start)
  • It gives the common citizen the ability to invest a small amount in an early-stage company

There are a few clear problems that come with this Act.… Read More

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