Advice from Venture Capitalists (non boaty)

Badger

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An American venture capitalist was at the pier of a small South Pacific Island village when a small boat with just one fisherman docked. Inside the small boat was a dorrado and several large grouper. The American complimented the Islander on the quality of his fish and asked how long it took to catch them.

The Islander replied, "Only a little while."

The American then asked why didn't he stay out longer and catch more fish?

The Islander said he had enough to support his family's immediate needs.

The American then asked, "But what do you do with the rest of your time?"

The fisherman said, "I sleep late, fish a little, play with my

children, take a late afternoon nap with my wife, Helia, stroll into the

village each evening where I sip rum and play guitar with my

friends, I have a full and busy life."

The American scoffed, "I am a Harvard MBA and could help you. You should

spend more time fishing and with the proceeds, buy a bigger boat with the

proceeds from the bigger boat you could buy several boats, eventually you

would have a fleet of fishing boats. Instead of selling your catch to a

middleman you would sell directly to the processor, eventually opening your

own cannery. You would control the product, processing and distribution.

You would need to leave this small fishing village and move to Australia, then LA

and eventually NYC where you will run your expanding enterprise."

The South Seas fisherman asked, "But, how long will this all take?"

To which the American replied, "15-20 years."

"But what then?"

The American laughed and said that's the best part. "When the time is

right you would announce an IPO and sell your company stock to the public and

become very rich, you would make millions."

"Millions, really ? Then what?"

The American said, "Then you would retire. Move to a small fishing

village where you would sleep late, fish a little, play with your kids,

take a late afternoon nap with your wife, stroll to the village in the evenings

here you could sip rum and play your guitar with your friends."




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But all that assumes that one does not enjoy one's work...for many work is as much fun as play, they are just different, not mutually exclusive.

Sorry to be a spoil sport.

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Agreed but the story isn't really about work versus play,, it's about contentment.Quote: "I have learned, in whatsoever state I am, therewith to be content.

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Must admit that I love my work, often cant believe that people pay me to do this (i am designing a bio-tech robot) but given the choice I would rather be sailing. 65 days to launching and counting so hopefuly out in (on?) the Laser this weekend.

Do remember seeing an interview with (I think) Howard Hughes or some other mega billionaire. Have never seen such a miserable guy. When asked what he would now do with his life he shrugged and morosely said that he would just continue making money.

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The problem with little of course is "what little". The man on the tropical beach with a fishing boat can be content with little, but the couple in a downtrodden rental council terrace may find their little not at all to be something from which contentment could be derived, not without chemical help anyway.

<hr width=100% size=1>John
<A target="_blank" HREF=http://www.allgadgets.co.uk>http://www.allgadgets.co.uk</A>
 
I admit I would rather be living a minimalist life in a croft on the west coast of Scotland than a sink estate in Bermondsey but we all have choices without resorting to chemicals.

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Bio Tech Robots

Is a bio tech robot made from human parts and circuit boards? Sounds fascinating, can you tell us more ?

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I'm with the VC, and as the politician responsible for this area i think i can explain our plans.

There's a host of issues raised about the paradise island. For example - the current diet of the fisherman and family of fish and rum seems unbalanced. I think the rum is a lie anyway - how does he afford that? He probabaly owns the bar thus whilst claiming to follow an entirely bohemian lifestyle he has the entire economy in his grip, and presumably rips of all the visitors inclusing those who are only trying help by charging them a fortune in ferry fees to come and stay in some crap hut with dodgy facilities on the basis of a clever photograph and a write up in the Sunday Times.

So, it would be much better to have a proper ferry service to the island paradise, and sell parcels of land in order to fund health centre and schools, cos poncing about on the beach watching your dad get slaughtered every night is hardly a decent upbringing for a child in the 21st century, specially if he has to make his way in a world where 50% of some populations go to university, is it now? No.

As it became more developed, the island paradise would therefore allow more people to visit it, and not just super-rich harvard BS types. There'd be more employment prospects with visiting yachts and holidaymakers for the fisherman supplying fish, and for his family, and for the others who currently seem to have no prospects other than sitting in the pub. We must make sure the lanscape isn't spoiled, so there'll be a tax on new developments, and severerestrictions on the number of developments. This will in turn mean not enough affordable housing, so only those schemes with some affordable housing will be allowed.

Meanwhile, in order to encourage more competition, we will permit other bars to open on the beach. These will be licensed, with a further special license requiring proper food storage and prepartion for those like the bar who in addition to selling alcohol also serve food. It's far too risky allowing people to just hook a fish and fry it with no culinary training whatsoever, so it won't be an option just to open a restaurant without suitable qualifications. In order to fund all these new projects there'll be a charge for each visiting boat of fifty quid, and 20 quid for everyone travelling to/from the island by plane.

I trust this goes some way towards addressing the issues raised.





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Maybe, I consider myself most fortunate never to have been tested by either.


<hr width=100% size=1>John
<A target="_blank" HREF=http://www.allgadgets.co.uk>http://www.allgadgets.co.uk</A>
 
Re: Bio Tech Robots

About two years ago they completed the human genome. They read and catalogued the entire human DNA sequence from start to end, all 3 billion + characters! But they had not a clue what it meant. It is a bit like you or I reading a book in an unfamiliar foreign language with no spaces between words and no punctuation. Educated guesses were made as to where one gene finished and the next begun due to repeating sequences that simply could not carry information as there was no diversity. To verify and investigate individual genes, the DNA is split and then the double helix separated to form two half helix. These oligonucleotides (lets see how my spell checker handles that one) are effectively a left hand that can only mate with its perfect right hand and nothing else. This is where my robot comes in. Our robot makes microarrays that are microscope slides with many different oligo's printed onto them (our robot will print up to 33000 on a single 25mm x 75mm slide). The cell under investigation (say, for instance a cancerous cell) is prepared and a fluorescent dye attached. Our micro array is then washed down with this preparation. If a particular gene is on and active in that cell then it will bond with the oligo' on the microarray and will then fluoresce when scanned with a laser. We know exactly where each oligo is ('coz we put it there!). The genes that have combined carry the fluorescent dye which we can read and we now have a perfect genetic signature of that particular cell. Hopefully by comparing with a healthy control cell we can identify the particular defective gene and do something about it. This method can be used in RNA and proteins too.

hope this helps. Now back to sailing.................

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Re: Bio Tech Robots

What a very clear explanation of a complex subject!

Thankyou for this insight, sounds fascinating.

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Re: Bio Tech Robots

Me too Ken, and I don't half get some stick from my highly proficient nephew - "thought you were meant to be an electronics engineer".

I'll get my own back as he's coming here to do some work experience soon, hehe!

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<cos poncing about on the beach watching your dad get slaughtered every night is hardly a decent upbringing for a child > it didn't do me any harm !

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