Overwhelming excitement is the only way I can describe the brief moment that occurs every so often when I launch iTunes and see that it queries for and finds a new episode from the Venture Voice podcast feed.

The most recent episode features Bo Peabody from Village Ventures and former founder of Tripod. I haven’t completed the episode yet, but it sounds promising so far.

I still have the episodes with Joe Kraus from JotSpot on my ipod. On a long drive back home, I listened to both episodes again. Both are fantastic episodes. I still remember one key line by Joe: “The real negotiation starts at no.”

I was just thinking about the words fear and greed today and then it shows up in a post by Don.  I met a very smart person a couple of weeks ago that said something remarkable to me in reference to the feelings of fear and greed in response to a question about the current state of venture funding.  “Raj, it’s the delicate balance between fear and greed.”  Indeed it is and Don elaborates.

Don Dodge on The Next Big Thing: Fear is temporary, greed is permanent

Naval Ravikant has a great post on thinking about VC and the resources they supply.

This is the part that I can associate with:

If you want “Value Add,” that can be purchased more cheaply elsewhere - an external Board member can be hand picked and will cost a small fraction of what an expensive VC will, and comes without the Control. If you’re looking for someone to “open doors,” that almost never works. Big companies deal with you based on your merits, momementum and timing, not based on which big-shot happened to introduce you.

StartupBoy.com - Journal - VC Bundling

I love reading this sort of stuff from VCs.

The Post Money Value: Inside the process

Naval Ravikant has a great post on interacting with attorneys:

Linky-dinky-doo.

Here’s the best one:

Watch out for the bait-and-switch - this is when you interview the gregarious, smart senior partner, who then swaps in the less popular, less experienced partner once you’ve signed them up. And the new person might be cheaper, but not much cheaper.