"Fantastically put, thank you for this post, it also matches my -much shorter- experience. I call early VC a strictly promise-based investment vs a fact-based investment which is (or supposed to be) PE and the stock market. The earlier you understand this, the less time you waste wandering around with people who don't."
- George Tziralis
"Fantastically put, thank you for this post, it also matches my -much shorter- experience. I call early VC a strictly promise-based investment vs a fact-based investment which is (or supposed to be) PE and the stock market. The earlier you understand this, the less time you waste wandering around with people who don't."
- George Tziralis
"First, Prof thank you for posting this and taking this discussion public, I can think of various reasons why such a move is a bold yet much needed one. A few years ago I had the opportunity to teach a post graduate course at NTUA, Greece. I requested all students to create a profile in the course's blog and publish all their assignments there. There was still cheating, but things were improving over the weeks without any major intervention of mine.Let's face it, cheating is a common practice, not only within universities but pretty much everywhere out there as well. I personally do not believe in punishments but in providing the right incentives, and social proof seems to be one of the few that actually works as you correctly pointed out."
- George Tziralis
"First, Prof thank you for posting this and taking this discussion public, I can think of various reasons why such a move is a bold yet much needed one. A few years ago I had the opportunity to teach a post graduate course at NTUA, Greece. I requested all students to create a profile in the course's blog and publish all their assignments there. There was still cheating, but things were improving over the weeks without any major intervention of mine.Let's face it, cheating is a common practice, not only within universities but pretty much everywhere out there as well. I personally do not believe in punishments but in providing the right incentives, and social proof seems to be one of the few that actually works as you correctly pointed out."
- George Tziralis
"First, Prof thank you for posting this and taking this discussion public, I can think of various reasons why such a move is a bold yet much needed one. A few years ago I had the opportunity to teach a post graduate course at NTUA, Greece. I requested all students to create a profile in the course's blog and publish all their assignments there. There was still cheating, but things were improving over the weeks without any major intervention of mine.Let's face it, cheating is a common practice, not only within universities but pretty much everywhere out there as well. I personally do not believe in punishments but in providing the right incentives, and social proof seems to be one of the few that actually works as you correctly pointed out."
- George Tziralis
"Fred, is there a way to secure other investor rights (apart from equity / monetary returns) with a convertible note? My understanding is that there is not, or at least it is not typical at all, and that's another characteristic of convertible loans with is pros and cons as an option."
- George Tziralis
"Fred, is there a way to secure other investor rights (apart from equity / monetary returns) with a convertible note? My understanding is that there is not, or at least it is not typical at all, and that's another characteristic of convertible loans with is pros and cons as an option."
- George Tziralis