VC Ball: Legal Notices

Move On

Earlier this year I sat down with Bob Niehaus.   He’s my former boss at GCP Capital, a $1B+ private equity firm spinout from Greenhill & Co., and the parent company for the VC fund I co-managed, GSA Ventures.  Over lunch, I discussed the opportunities ahead, as I was planning to leave GSA.   He was excited for me. 

I was a bit nervous talking to Bob about this, as I knew what obstacles there are in starting a new thing, but he pointed out that his leaving Morgan Stanley and joining Greenhill and starting a new private equity group was the best thing that ever happened to him.  And, he continued: Bob Greenhill, Neihaus' boss at Greenhill, himself, left Morgan Stanley then moved on from Smith Barney; he founded Greenhill & Co. with his dog, his assistant, and a million dollars which he never touched (according to the lore).  And that was the best thing that ever happened to him. 

Moving on from what they were doing before is probably the hardest thing that an entrepreneur does.  Most of the time, it’s a crazy compulsion that an entrepreneur gets, and they can’t let go.  Starting the business is just what they have to do.  I love hearing those stories, as I felt that same feeling of exhilaration when I started my first tech company in the mid-90s during the first Internet boom.

History suggests that every tech boom is bigger than the one before it.  This current wave powered by smart mobile devices, wireless broadband infrastructure, social media and cloud computing  (some call the Second Internet) will make the First Internet of the late 90s seem quaint.  As venture capital and entrepreneurship continues to democratize at a societal level, in the region, the country, and the world, I am more excited than ever about the opportunities ahead.

Hence, I look forward to continue hearing those stories... in a new opportunity that is currently in formation that I am exceedingly excited about.  At the moment, I cannot announce the details.  As to my fund obligations I’ve transitioned my day to day fund administration duties, but will stay on a few boards from GSAV and SAVP as appropriate.

There is a world of opportunity in the tech world that awaits-- that despite to doom and gloom in the news today, will be bigger than it's ever been, and beyond anyone's expectation.  At 43, with half of my business life over, that day has finally come for me to move one and I look forward to sharing that adventure with you.  

And to all those entrepreneurs and would be entrepreneurs that read my blog: seize the day--and start that business.  America needs the growth and the real sustainable jobs that only we entrepreneurs provide.  I'm excited to have been a part of that so far, and look forward to the future with you.  If I can be helpful, please do reach out to me, and I'll do what I can, especially if it's in my wheelhouse of expertise and interest.

 

October 04, 2011 | Permalink | Comments (1)

ACCEPTANCE OF TERMS

 

This site ("VCBall") and its contents are provided to you, subject to the following Terms of Service ("TOS"), which may be updated by us from time to time without notice to you. You can review the most current version of the TOS at any time at http://brotman.blogs.com/vc_ball_legal_notices/. If you do not agree to these TOS, please do not use VCBall. We reserve the right, at our discretion, to update or revise these TOS. Please check the Terms periodically for changes. Your continued use of this site following the posting of any changes to the TOS constitutes acceptance of those changes.

THIRD PARTY SITES

 

VCBall provides links to other Websites on the Internet. VCBall does not assume any responsibility for such content and makes no express or implied warranty about the accuracy, copyright compliance, legality, merchantability, or any other aspect of the content of such sites. VCBall is not responsible or liable for any advertising, products, or other materials on or available from such Websites or resources. The inclusion of such a link does not imply endorsement of the Websites by VCBall or any association with their operators.

CREATIVE COMMONS LICENSE

 

You acknowledge and agree that all content and materials available on VCBall are protected by copyrights, trademarks, service marks, patents, trade secrets, or other proprietary rights and laws. All original content on VCBall is licensed under a Creative Commons license and is subject to the terms and conditions of the license at http://creativecommons.org/licenses/by/1.0/ ("Creative Commons License"). By submitting content to VCBall, you agree that it is subject to the same terms and conditions as VCBall's Creative Commons License.

OPINIONS EXPRESSLY THOSE OF AUTHORS

 

The opinions expressed in VCBall state only those opinions of the author of such post (as is clearly designated). While the authors of VCBall are current or former venture investors with various venture capital partnerships, the opinions they express in VCBall do not necessarily reflect the opinions of such venture capital partnerships and should not be taken as such.

DISCLAIMER OF WARRANTIES

 

YOU EXPRESSLY UNDERSTAND AND AGREE THAT:

 

a. YOUR USE OF VCBALL IS AT YOUR SOLE RISK. VCBALL IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. VCBALL EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

 

b. VCBALL MAKES NO WARRANTY THAT (i) IT WILL MEET YOUR REQUIREMENTS, (ii) IT WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, (iii) THE INFORMATION THAT MAY BE OBTAINED FROM THE USE OF VCBALL WILL BE ACCURATE OR RELIABLE, (iv) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL OBTAINED BY YOU THROUGH VCBALL WILL MEET YOUR EXPECTATIONS, AND (v) ANY ERRORS IN THE SOFTWARE WILL BE CORRECTED.

 

c. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU THROUGH OR FROM VCBALL SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THE TOS.

LIMITATION OF LIABILITY

 

YOU EXPRESSLY UNDERSTAND AND AGREE THAT VCBALL SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES (EVEN IF VCBALL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), RESULTING FROM: (i) THE USE OR THE INABILITY TO USE VCBALL; (ii) THE COST OF PROCUREMENT OF SUBSTITUTE GOODS AND SERVICES RESULTING FROM ANY GOODS, DATA, INFORMATION OR SERVICES OBTAINED OR MESSAGES RECEIVED OR TRANSACTIONS ENTERED INTO THROUGH OR FROM VCBALL; (iii) UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; (iv) STATEMENTS OR CONDUCT OF ANY THIRD PARTY ON VCBALL; OR (v) ANY OTHER MATTER RELATING TO VCBALL.

EXCLUSIONS AND LIMITATIONS

 

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS OF SECTIONS 4 AND 5 MAY NOT APPLY TO YOU BUT ONLY TO THE EXTENT REQUIRED BY APPLICABLE LAW.

SPECIAL ADMONITION REGARDING FINANCIAL INFORMATION

 

You understand that VCBall is furnished for informational purposes only, and that no mention of a particular company or security in VCBall constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. You further understand that VCBall will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained on VCBall may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

 

VCBall may contain opinions from time to time with regard to securities and any or all contributors to VCBall, or their affiliates, may hold positions in securities. The contents of VCBall are written by current or former venture investors. It is their business to buy and sell securities. VCBall will use reasonable efforts to disclose when an author writes about a company in which that author has an interest, or about a competitor thereof. VCBall's principle authors are current or former venture investors with their respective partnerships, so you should assume that the authors have an interest in all companies in their partnerships' publicly disclosed portfolios, which can be viewed at such partnerships' websites. VCBall will make no efforts to update past posts to reflect current interests.

 

VCBALL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY, AND NO CONTENT INCLUDED IN VCBALL IS INTENDED FOR TRADING OR INVESTING PURPOSES. VCBALL AND ITS LICENSORS SHALL NOT BE RESPONSIBLE OR LIABLE FOR THE ACCURACY, USEFULNESS OR AVAILABILITY OF ANY INFORMATION TRANSMITTED OR MADE AVAILABLE VIA VCBALL, AND SHALL NOT BE RESPONSIBLE OR LIABLE FOR ANY TRADING OR INVESTMENT DECISIONS MADE BASED ON SUCH INFORMATION.

INDEMNITY

 

You agree to indemnify and hold VCBall, and its affiliates, officers or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of content you submit, post, transmit or make available through VCBall, your use of VCBall, your connection to VCBall, your violation of the TOS, or your violation of any rights of another.

April 04, 2006 | Permalink | Comments (0)

Recent Posts

  • Move On
  • ACCEPTANCE OF TERMS This site

About

My Photo
Subscribe to this blog's feed
Blog powered by Typepad
View My Public Stats on MyBlogLog.com