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	<title>Comments for </title>
	<atom:link href="http://bullpencap.com/comments/feed/" rel="self" type="application/rss+xml" />
	<link>http://bullpencap.com</link>
	<description>extending the capital efficient start-up game  into later innings</description>
	<lastBuildDate>Fri, 17 May 2013 06:38:55 +0000</lastBuildDate>
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		<title>Comment on Series A Cliff by baby shower inviations</title>
		<link>http://bullpencap.com/2012/12/19/series-a-cliff/#comment-788</link>
		<dc:creator><![CDATA[baby shower inviations]]></dc:creator>
		<pubDate>Fri, 17 May 2013 06:38:55 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1547#comment-788</guid>
		<description><![CDATA[This is my first time pay a visit at here and i am in fact happy to read all at single place.]]></description>
		<content:encoded><![CDATA[<p>This is my first time pay a visit at here and i am in fact happy to read all at single place.</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Surviving the Series A Crunch by search engine optimization</title>
		<link>http://bullpencap.com/2012/12/03/surviving-the-series-a-crunch/#comment-787</link>
		<dc:creator><![CDATA[search engine optimization]]></dc:creator>
		<pubDate>Mon, 13 May 2013 11:32:20 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1501#comment-787</guid>
		<description><![CDATA[Hey! I know this is somewhat off topic but I was wondering 
if you knew where I could locate a captcha plugin for my comment form?
I&#039;m using the same blog platform as yours and I&#039;m having trouble 
finding one? Thanks a lot!]]></description>
		<content:encoded><![CDATA[<p>Hey! I know this is somewhat off topic but I was wondering<br />
if you knew where I could locate a captcha plugin for my comment form?<br />
I&#8217;m using the same blog platform as yours and I&#8217;m having trouble<br />
finding one? Thanks a lot!</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Series A Cliff by financial information</title>
		<link>http://bullpencap.com/2012/12/19/series-a-cliff/#comment-786</link>
		<dc:creator><![CDATA[financial information]]></dc:creator>
		<pubDate>Wed, 08 May 2013 18:18:36 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1547#comment-786</guid>
		<description><![CDATA[Wonderful goods from you, man. I have understand your stuff previous to and 
you are just too excellent. I really like what 
you&#039;ve acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it smart. I cant wait to read far more from you. This is really a great web site.]]></description>
		<content:encoded><![CDATA[<p>Wonderful goods from you, man. I have understand your stuff previous to and<br />
you are just too excellent. I really like what<br />
you&#8217;ve acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it smart. I cant wait to read far more from you. This is really a great web site.</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Bring Obama&#8217;s Tech Targeting to your Startup&#8230; by Ravi Iyer</title>
		<link>http://bullpencap.com/2013/01/22/bring-obamas-tech-targeting-to-your-startup/#comment-785</link>
		<dc:creator><![CDATA[Ravi Iyer]]></dc:creator>
		<pubDate>Fri, 03 May 2013 22:33:56 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1627#comment-785</guid>
		<description><![CDATA[Interesting observation about innovation going from DC-&gt;SF, Paul.  My experience has been that the data often collected on users by many online companies tends to be (understandably) bucketed at very broad levels except for the most monetizable categories (e.g. you can retarget users based on specific brands of autos of interest, but not on specific movies of interest).  I haven&#039;t seen the data that Obama&#039;s team used, but it seemed like it had a much more granular level to it, given that they were able to target people&#039;s specific concerns on specific rerun tv shows.  Maybe the buckets that behavioral targeters put us in will get granular relatively quickly, even outside of purchasing behavior, as these applications of data become more common.]]></description>
		<content:encoded><![CDATA[<p>Interesting observation about innovation going from DC-&gt;SF, Paul.  My experience has been that the data often collected on users by many online companies tends to be (understandably) bucketed at very broad levels except for the most monetizable categories (e.g. you can retarget users based on specific brands of autos of interest, but not on specific movies of interest).  I haven&#8217;t seen the data that Obama&#8217;s team used, but it seemed like it had a much more granular level to it, given that they were able to target people&#8217;s specific concerns on specific rerun tv shows.  Maybe the buckets that behavioral targeters put us in will get granular relatively quickly, even outside of purchasing behavior, as these applications of data become more common.</p>
]]></content:encoded>
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		<title>Comment on Re-Imagining the Camera by Alysia Opel</title>
		<link>http://bullpencap.com/2011/11/07/re-imagining-the-camera/#comment-750</link>
		<dc:creator><![CDATA[Alysia Opel]]></dc:creator>
		<pubDate>Tue, 26 Mar 2013 06:00:09 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=785#comment-750</guid>
		<description><![CDATA[DSLR Camera. An important tip to consider with photography is that photography is one case where you might be at the mercy of the tools you use. This is important to consider because there is only so much you can do with a non dSLR camera due to processor and lens limitations. Invest in a DSLR camera. The single best thing you can do to improve your photography is to purchase a good camera. A digital single-lens reflex (DSLR) camera allows you to use lenses specific to the type of photography you are pursuing, and offer the ability to control every setting.-

My blog site
&lt;,http://www.caramoan.co]]></description>
		<content:encoded><![CDATA[<p>DSLR Camera. An important tip to consider with photography is that photography is one case where you might be at the mercy of the tools you use. This is important to consider because there is only so much you can do with a non dSLR camera due to processor and lens limitations. Invest in a DSLR camera. The single best thing you can do to improve your photography is to purchase a good camera. A digital single-lens reflex (DSLR) camera allows you to use lenses specific to the type of photography you are pursuing, and offer the ability to control every setting.-</p>
<p>My blog site<br />
&lt;,<a href="http://www.caramoan.co" rel="nofollow">http://www.caramoan.co</a></p>
]]></content:encoded>
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		<title>Comment on Venture 101: Uncapped Converts by Robt Simpton</title>
		<link>http://bullpencap.com/2011/04/04/venture-101-uncapped-converts/#comment-735</link>
		<dc:creator><![CDATA[Robt Simpton]]></dc:creator>
		<pubDate>Mon, 25 Feb 2013 05:42:26 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=499#comment-735</guid>
		<description><![CDATA[It can be challenging to get your personal company off the ground as most of us dont have the funds lying about to do it. There are lenders out there but with statistics displaying that far more than half of all new organizations fail, there is no guarantee you will be in a position to access any such money. One particular option is to seek out organization venture capital from private lenders and investment firms. They are more willing than banks and other varieties of private lenders to provide huge sums of cash when they feel there is an outstanding chance of a profitable company becoming established. In order to get organization venture capital you will want to have an extremely elaborate enterprise program put with each other. *

My personal blog page
&lt;,http://www.caramoantourpackage.com/]]></description>
		<content:encoded><![CDATA[<p>It can be challenging to get your personal company off the ground as most of us dont have the funds lying about to do it. There are lenders out there but with statistics displaying that far more than half of all new organizations fail, there is no guarantee you will be in a position to access any such money. One particular option is to seek out organization venture capital from private lenders and investment firms. They are more willing than banks and other varieties of private lenders to provide huge sums of cash when they feel there is an outstanding chance of a profitable company becoming established. In order to get organization venture capital you will want to have an extremely elaborate enterprise program put with each other. *</p>
<p>My personal blog page<br />
&lt;,<a href="http://www.caramoantourpackage.com/" rel="nofollow">http://www.caramoantourpackage.com/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on VC Outlook 2013 by news article</title>
		<link>http://bullpencap.com/2013/01/03/vc-outlook-2013/#comment-724</link>
		<dc:creator><![CDATA[news article]]></dc:creator>
		<pubDate>Thu, 07 Feb 2013 11:43:08 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1553#comment-724</guid>
		<description><![CDATA[Greetings! I know this is kind of off topic but I was wondering which blog platform are you using for this website? I&#039;m getting fed up of Wordpress because I&#039;ve had issues with hackers and I&#039;m looking at alternatives for another platform. I would be great if you could point me in the direction of a good platform.]]></description>
		<content:encoded><![CDATA[<p>Greetings! I know this is kind of off topic but I was wondering which blog platform are you using for this website? I&#8217;m getting fed up of WordPress because I&#8217;ve had issues with hackers and I&#8217;m looking at alternatives for another platform. I would be great if you could point me in the direction of a good platform.</p>
]]></content:encoded>
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	<item>
		<title>Comment on VC Outlook 2013 by Jeff Allen</title>
		<link>http://bullpencap.com/2013/01/03/vc-outlook-2013/#comment-638</link>
		<dc:creator><![CDATA[Jeff Allen]]></dc:creator>
		<pubDate>Thu, 03 Jan 2013 18:22:38 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1553#comment-638</guid>
		<description><![CDATA[Duncan,

This is nearly the same presentation I gave to MY limited partners in 2002!  Some things never change!  The lean model does work, all you need is the credible threat to go big and the outcome for large (enough) valuations (for Bullpen) at exit time is very good indeed.  

You can sustain a better outcome for your LPs with your approach than the larger VCs.  There&#039;s a huge misnomer that more money in any given deal means less risk.  Just like with most things in life - build a venture in moderation.  You need enough capital to pay your bills and support your customers (and that amount is not zero) but you also don&#039;t need to go hog wild raising $50m for no reason.  If you have to raise $50m for your venture backed deal, you better be shoring up the balance sheet for an IPO or acquiring competitors to sew up your space.  Otherwise, you probably don&#039;t have a real market ... 

Keep it up!

Jeff]]></description>
		<content:encoded><![CDATA[<p>Duncan,</p>
<p>This is nearly the same presentation I gave to MY limited partners in 2002!  Some things never change!  The lean model does work, all you need is the credible threat to go big and the outcome for large (enough) valuations (for Bullpen) at exit time is very good indeed.  </p>
<p>You can sustain a better outcome for your LPs with your approach than the larger VCs.  There&#8217;s a huge misnomer that more money in any given deal means less risk.  Just like with most things in life &#8211; build a venture in moderation.  You need enough capital to pay your bills and support your customers (and that amount is not zero) but you also don&#8217;t need to go hog wild raising $50m for no reason.  If you have to raise $50m for your venture backed deal, you better be shoring up the balance sheet for an IPO or acquiring competitors to sew up your space.  Otherwise, you probably don&#8217;t have a real market &#8230; </p>
<p>Keep it up!</p>
<p>Jeff</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on VC Outlook 2013 by Mark Lonergan</title>
		<link>http://bullpencap.com/2013/01/03/vc-outlook-2013/#comment-636</link>
		<dc:creator><![CDATA[Mark Lonergan]]></dc:creator>
		<pubDate>Thu, 03 Jan 2013 16:15:25 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1553#comment-636</guid>
		<description><![CDATA[Duncan,

Couldn&#039;t agree more with your findings.  The simple truth is that VC has ALWAYS depended on the 20X+ companies in their portfolios to make workable IRRs happen.  

When that doesn&#039;t materialize, venture firms have to plow more resources into portfolio companies in order to get only moderate returns.  IPOs happen very rarely now, and corporate acquisitions are decreasing in both numbers and valuations.  Ultimately, they have to use more time and money in order to leg out the singles and the doubles.

A compelling case for what you&#039;re building at Bullpen...

Mark Lonergan]]></description>
		<content:encoded><![CDATA[<p>Duncan,</p>
<p>Couldn&#8217;t agree more with your findings.  The simple truth is that VC has ALWAYS depended on the 20X+ companies in their portfolios to make workable IRRs happen.  </p>
<p>When that doesn&#8217;t materialize, venture firms have to plow more resources into portfolio companies in order to get only moderate returns.  IPOs happen very rarely now, and corporate acquisitions are decreasing in both numbers and valuations.  Ultimately, they have to use more time and money in order to leg out the singles and the doubles.</p>
<p>A compelling case for what you&#8217;re building at Bullpen&#8230;</p>
<p>Mark Lonergan</p>
]]></content:encoded>
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	<item>
		<title>Comment on Tello Acquired by Urban Airship by echeyde</title>
		<link>http://bullpencap.com/2012/12/05/tello-acquired-by-urban-airship/#comment-628</link>
		<dc:creator><![CDATA[echeyde]]></dc:creator>
		<pubDate>Sun, 30 Dec 2012 22:35:23 +0000</pubDate>
		<guid isPermaLink="false">http://bullpencap.com/?p=1537#comment-628</guid>
		<description><![CDATA[Thanks Paul! We were very happy to have you as an investor and supporter and look forward to keep working with you.]]></description>
		<content:encoded><![CDATA[<p>Thanks Paul! We were very happy to have you as an investor and supporter and look forward to keep working with you.</p>
]]></content:encoded>
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