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I think that just about covers it. Make sense? Anybody feel free to correct me if I botched something here, this is not quite my bag.

Conspiracy theories grow on the basis of black and white, good vs. evil, etc. Outside of programming, aren't we all used to varying shades of gray?

I'm not being pedantic here, if you read wolfrom's statement with the correct meanings you'll see how wrong your comment is, even if you honestly believed it.

• Complaints about Y Combinator’s growing power, and how to counteract competitiveness in Y Combinator deals
• Complaints about rising deal valuations and they can act as a group to reduce those valuations
• How the group can act together to keep traditional venture capitalists out of deals entirely
• How the group can act together to keep out new angel investors invading the market and driving up valuations.
• More mundane things, like agreeing as a group not to accept convertible notes in deals (an entrepreneur-friendly type of deal).
• One source has also said that there is a wiki of some sort that the group has that explicitly talks about how the group should act as one to keep deal valuations down.

Union Square Ventures' first fund was raised in 2004. We invested in twenty-one companies and we still have sixteen active companies. And we still have $25mm on reserve for them. Christina and I calculated last week that about half of those sixteen active companies still might need more funding from us. So we have eight "kids who have not yet reached adulthood". That is six years after we raised the fund.

The thing that nobody understands until you've lived through it is just how long it takes for some companies to get profitable and self sustaining. And just how long it takes for some companies to get liquid and leave the portfolio.

he founder and CEO of another of our portfolio companies is wrapping up a large round and he showed me his pitch deck. Guess what? Six slides. I had nothing to do with his deck. But it was a work of art.

Like many things in life, less is more in fundraising slides. You can explain your business in mind numbing detail or you can inspire an investor and let them imagine. Guess what works better?

I learned this lesson when Brad and I starting raising USV 2004 in the fall of 2003. We retained an advisor to help us raise the fund and they told us to keep our deck to "six slides." I was aghast. How could Brad and I possibly take all that we had done and learned in almost 20 years in the venture business and put it into six slides? 

But the advisor won that argument. Two things happened. We learned to simplify our story and we learned how to create six killer slides. And killer slides are not slides with a dozen bullets each. They are six powerful points that combine to tell the meat of the story.

The day-long Revenue Bootcamp held July 10, 2009, on the Microsoft campus in Mountain View, Calif., brought together some top-notch experts to share tips, hints, lessons and advice about how to increase traffic with Search Engine Optimization, Search Engine Marketing and face-to-face meetings.

This video, “Fireside chat,” is the last in a series recorded during the one-day conference organized by Kawasaki.

All of the videos will remain available on building43.com.

Andreessen, who became synonymous with Internet success after co-founding Netscape, first spoke about his investing collaboration with Horowitz on the Charlie Rose Show last night. We followed up with him this morning, and he confirmed that the partnership is a venture capital fund.

We’re still working to nail down more specific details. The firm registered with the California Secretary of State under the name Andreessen Horowitz in July 2008 and has taken an office on Page Mill Road in Palo Alto, Calif.