-
In addition, the median amount of time it took to reach liquidity via M&A was 4.5 years, 25 percent less time than the 6-year median in the second quarter of 2008.
links for 2009-07-01
July 1st, 2009links for 2009-06-24
June 24th, 2009-
Crowd-sourcing search engine. It's a bit addictive to start answering the questions.
links for 2009-06-13
June 13th, 2009-
A touch of Agile humor and small play off of "Data Dave" for those previous coworkers…
links for 2009-05-11
May 11th, 2009-
The Agile paper I helped author is now free for download.
links for 2009-04-29
April 29th, 2009-
Interesting information on employee option pool. Includes planning ranges for new hires.
links for 2009-04-25
April 25th, 2009-
What every employee going to a startup should understand. It's amazing how many people don't ask these simple questions to determine worth.
-
Interesting breakdown of the percentages offered to employees at tech startups.
links for 2009-04-08
April 8th, 2009-
Deep technical competency is overrated compared with the ability to make excellent decisions and to create a culture where forward motion is valued and personal initiative is rewarded.
The compliment yardstick
March 29th, 2009The fastest way to ensure failure at an existing or new relationship is to make a positive comment for every negative mention. But what happened to the rule of balancing encouragement with constructive criticism!? Until recently, I thought this combination created the perfect mixture for healthy and lasting unions in our personal and work lives, but a recent reading has convinced me otherwise. Upon further introspection, I was able to recount several situations where I had experienced disastrous exchanges using the “say something nice for every bad thing” formula.
As it turns out, some studies have shown that a 1:1 ratio of negative to positive remarks is a sure-fire way to end or severely damage productive communications between people. This applies to everything from spouses to work associates. A much healthier ratio to ensure an enduring relationship is closer to 1:5 negative to positive interactions, which is far fewer than most of us ever even get close. Granted, fleeting flattery doesn’t count as a meaningful compliment, which means the words must be sincere.
I’ve been thinking about using criticism counting as a way to keep the ratio in check. This means I’m on the hook for 5 positives for each and every disapproving statement spilling out of my mouth, which means the criticisms will go down or the positives will go up. In either case, trying to measure up to this compliment yardstick will take some work.
links for 2009-02-20
February 20th, 2009-
Interesting take on some things you won't likely hear in the mainstream media.
links for 2009-01-24
January 24th, 2009-
This is an interesting way to get into social media. This takes transparency to a whole new level, assuming you actually answer all the questions. It's like documenting your answers to 'The Book of Questions'.
Electronic Catch Phrase - Supplemental Instructions
January 18th, 2009Introduced to me about 3 years ago by Jim, Electronic Catch Phrase is an easy-to-learn and entertaining party game for small to large groups. Game play often involves two teams sitting every other one with each team alternating the phrase guessing as the time counts down. The electronic version is shaped like a small disk and essentially becomes a “hot potato” as each team tries to guess the phrase and pass the disc before the buzzer sounds. Having played hours and hours, we have added a few additional instructions to aid game play and reduce debates for more competitive players.
Supplemental rules:
1) Rhymes. Phrase owner cannot use rhymes that match the phrase or specific words within the phrase. Example:
Phrase: snake
Restricted: “Animal that rhymes with bake.”
Allowed: “Animal that rhymes with a reptile that slithers on the ground.”
2) Foreign languages. Two options: (a) Phrase owner cannot use non-English languages. (b) Phrase owner cannot use non-English words that have direct matches to the phrase. (Option “a” is my preference.) Example:
Phrase: water
Restricted: “agua”
Allowed: “H20”
3) Adverbs & filler words. Phrase owner cannot use adverbs within phrase prior to guessers having said them first. Words such as “the”, “an”, etc… NOTE: This is a controversial rule and should be discussed prior to playing. After many discussions, this rule is deemed to be fair because so few phrases contain these words, and since these words are easy to guess, discussing this rule in advance of game play will eliminate arguments. Example:
Phrase: Catcher in the Rye
Restricted: “in”, “the”
Allowed: “Second word: opposite of ‘out’”, “Third word: in blank beginning”
Tips, notes, and general etiquette:
BUZZER NOTE: The buzzer sound does not necessarily mean the point has been lost. The guessing team must hit the Next button and cause the word to change before the opposing team loses a point.
ETIQUETTE: A team must provide at least one clue before passing to the opposing team. This situation commonly occurs when the disc is being passed as the buzzer is sounding. The phrase changed, but the next person did not have time to say anything even though they are holding the disc.
GUESSING TIP: Phrase owners should use “contains n words” earlier in the turn, assuming the phrase does not contain ‘contain’, ‘word’, and/or the number. (See Rule 3 above.)
STRATEGY TIP: Many clever beginners will delay the disc handoff in an attempt to shorten the time for the opposing team. Most experienced players realize this is a futile effort. Beyond being unsportsmanlike, this often strategy often backfires because the next phrase may be quickly guessed by the opposing team leaving the perpetrating team with less time.
links for 2009-01-14
January 14th, 2009-
Drink up!
-
If this is news to you, it's likely you ARE a bad manager: "An employee who shows up at work wearing suits, even though your company has a business casual dress policy, may be going on job interviews,"
Killing our kid
January 10th, 2009A rare 6 PM call from my wife informed me that instead of taking of my routine drive home from work, I would be heading to the hospital to attend my eleven-year-old’s emergency appendectomy. My head was spinning with random thoughts as I quickly shoved my laptop into its satchel. I knew people could get appendicitis at any age and any time, but in the back of my mind I was thinking about how this kid (my kid!) was a pinnacle of health. She was swimming competitively 4-5 times a week, had perfect attendance for 3-4 years a time, and even the doctor commented how rare it was to see her every couple of years for a cold. (…and most of these trips were due to proactive parents ensuring an upcoming vacation turned out well, not what one would consider urgent by any standard.) On the other hand, the situation didn’t seem entirely left field because Kate had experienced an unusual fever (~104 F) and vomiting the previous two evenings and could barely get out of bed once the sun started to set. As I calmly but swiftly drove to the east side of town, I reminded myself that modern technology had perfected the appendectomy into a minor procedure, and even though there was going to be anesthesia, I could imagine of a lot worse things to find out, like the dreaded ‘c’ word, cancer.
As I snaked my way through the parking lot of the brand new, highly publicized children’s hospital in Austin, I had a slight feeling of relief that this place was as good as any if you were a kid and needed some medical work done. After being cell-phoned through a series of elevators and hallways, I was able to discover my wife and daughter in a prep room on the third floor. Kate looked ill but calm laying on the gurney. After seeing her grey-colored skin and the lack of sparkle in her eyes, I experienced the deeper meaning of the word ‘ill’ because she truly looked miserable, and as they rolled her away, I mentioned to my wife that she seemed almost content to trade surgery for the pain she was experiencing. The next hour was filled with calls to grandparents and a lot of concerned conversation about how we had gotten here. My wife, DeeDee, stepped me through the day’s events of taking Kate back to our pediatrician, who had recently prescribed some antibiotics to treat a minor sinus infection about a week before. While we had thought the sinus infection had gotten worse, the stand-in pediatrician had discovered the “classic” lower abdomen sensitivity on Kate and recommended Kate be taken to the emergency room immediately. Three surgeons at the hospital had agreed, and the operation protocol had ensued.
Almost to the minute of an hour wait, the surgeon walked out to meet us. She was a confident, attractive, 30-something woman, and while I didn’t read any serious signs of concern on her face, she asked us to follow her to a conference room to discuss the situation. I remember thinking how this cannot be good, and the dreaded ‘c’ word started to pop back into my head. I was thinking about how I should stay focused on the situation and not get caught up into a selfish fear of something chronic. As she meticulously chose her words, we learned that the surgery had gone well, and our daughter was doing fine in recovery. BUT…and this was the part I was dreading…there was nothing wrong with Kate’s appendix, and other than swollen lymph nodes, nothing else appeared to be wrong either. Immediately, my mind starting rolling with one thought after another of how this whole set of events had never seemed to intuitively matchup in my mind. Sure, my kid is fine and doesn’t have to worry about her appendix in the future, but a lot of worry and risk had just occurred. Not verbalizing my frustration, I reminded myself of how appendectomies were difficult to accurately detect, and while we can get our eyeballs laser-ed in a strip mall, this particular procedure was still in the Stone Ages. In any case, three tiny scars and week out of school weren’t going to affect this kid in any memorable way, so back to the day-to-day routine for the Lunt family.
Unfortunately, the reality of that night would not be realized for a couple of weeks. Kate experienced the high fever for a few more evenings after the surgery, but she was back in the pool ten days later swimming better than ever. (We kept telling her it was because she was so much lighter.) Having grown tired of rehashing the events to ourselves, we repeated Kate’s story a hundred times to concerned family and friends, but the revelation came one evening at the swim center as DeeDee was retelling to another swim team mom. This humble pharmacist was able to deduce what 4-5 other “high-caliber” doctors could not. Within minutes of hearing about the sinus infection and the evening fever, the pharmacist diagnosed Kate as being allergic to amoxicillin – not to be confused with its close sibling appendicitis. Upon hearing this from my wife, a severe case of imbecilitis swept over us. To top the list, I’m allergic to penicillin and have been reiterating this on medical forms ever since I was nine. Doh! Included in the hind-sighted set of bad parenting mistakes, how were we unable to correlate the evening fever and daily dose of miracle drugs after dinner each day? Gong!! We even followed the doctor’s orders to continue the prescription for three long days after the surgery. Said differently, try puking with stitches in your abdomen. Ouch!!!
Granted, this tale turned out fine, and we are much less likely to discount our own capacities to analyze the situation in the future. Still, the circumstances seem hard for others to avoid without this common awareness, and being unable to avoid a Jerry Springer final moment, I end this story with a few choice words of advice. Don’t poison and torture your kid(s) like we did.
links for 2009-01-04
January 4th, 2009-
Looking for the rules to the electronic version… These are close.
-
This is quickly becoming one of my favorite group games.
links for 2008-12-20
December 20th, 2008-
>> Nonetheless, most of those surveyed predict a recovery in 2010 when the initial public offering market is expected to re-open.
“The recession and shuttered IPO market will place tremendous pressure



