Hearst Magazines to Offer All 20 of Its Titles on Google Play

ELLE DECOR, Harper?s Bazaar, House Beautiful and Popular Mechanics to Offer Interactive Editions

NEW?YORK, June 27, 2012 -- With today?s launch of magazines on Google Play, Hearst Magazines, one of the world?s largest publishers of monthly magazines, announces that all 20 of its popular magazine brands are now available for purchase and reading on Android smartphones and tablets. Readers can buy single issues or annual subscriptions to Hearst titles such as Cosmopolitan, ELLE, Esquire, the newly launched HGTV Magazine and Marie Claire, and enjoy digital magazines in full-color with a clickable table of contents.

Hearst will offer single copies of select titles?Esquire, ELLE, Good Housekeeping, House Beautiful and Seventeen?at $0.99 for a limited time to celebrate the launch of its magazines on Google Play. Four Hearst magazines?ELLE DECOR, Harper?s Bazaar, House Beautiful and Popular Mechanics?will have interactive editions on Google Play, fully optimized for the tablet experience, with enhanced features such as video, tap-to-view large images and scrolling text. ELLE DECOR, Harper?s Bazaar and House Beautiful will make their interactive debuts on Google Play.

?We?re thrilled to be partnering with Google on the launch of magazines on Google Play and that we?ll have every one of our titles available, several of which will offer interactive features that really bring the pages to life,? said Chris Wilkes, VP of the Hearst App Lab. ?This development dovetails with our philosophy at Hearst to make our magazines available to consumers on every tablet and digital newsstand platform.?

Readers can buy new issues, back issues and subscriptions to customize their reading experiences on their Android tablets or phones. Purchased magazines will be stored and accessible in-the-cloud, meaning you can keep your magazine stacks organized and easily browsed in a digital carousel, then pick up and flip through them wherever you are using the Google Play Magazines mobile app for Android devices.

Hearst magazines are currently available on Google Play in the U.S.

About Hearst Magazines
Hearst Magazines is a unit of Hearst Corporation (www.hearst.com, @HearstCorp), one of the nation's largest diversified communications companies. Hearst Magazines is the largest publisher of monthly magazines in the U.S. (ABC 2011), reaching 82 million adults (Spring 2012 MRI) with its 20 titles. In addition, the company publishes more than 300 editions around the world. Hearst Magazines Digital Media, dedicated to creating and implementing Hearst Magazines? digital strategy, has more than 28 websites and 14 mobile sites for brands such as Cosmopolitan, Popular Mechanics, ELLE, ELLE DECOR, Esquire, Good Housekeeping, Marie Claire and Seventeen, as well as digital-only sites such as Delish.com, a food site in partnership with MSN; MisQuinceMag.com; and RealBeauty.com.Hearst Magazines has published more than 150 applications and digital editions for the iPad, iPhone and iPod Touch, as well as the Droid platform. In addition, the company includes iCrossing, a global digital marketing agency.

Source: http://www.hearst.com/press-room/pr-20120627a.php

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Colorado wildfires are 'what global warming really looks like' (+video)

The wildfires ravaging Colorado are a preview of the kinds of disasters that human-caused climate change could bring about, say scientists.?

By Deborah Zabarenko and Laura Zuckerman,?Reuters / June 29, 2012

A firefighting helicopter makes a run over a plume of smoke rising from the Waldo Canyon wildfire west of Colorado Springs, Colo., Thursday.

Chris Carlson/AP

Enlarge

Scorching heat, high winds and bone-dry conditions are fueling catastrophic?wildfires?in the U.S. West that offer a preview of the kind of disasters that human-caused climate change could bring, a trio of scientists said on Thursday.

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' + google_ads[0].line2 + '
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'; } else if (google_ads.length > 1) { ad_unit += ''; } } document.getElementById("ad_unit").innerHTML += ad_unit; google_adnum += google_ads.length; return; } var google_adnum = 0; google_ad_client = "pub-6743622525202572"; google_ad_output = 'js'; google_max_num_ads = '1'; google_feedback = "on"; google_ad_type = "text"; google_adtest = "off"; google_image_size = '230x105'; google_skip = '0'; // --> The weather in Colorado is helping firefighters battle the largest wildfires in the state's history, though it's only 10 percent contained.

"What we're seeing is a window into what?global?warming?really looks like,"?Princeton University's?Michael Oppenheimer?said during a telephone press briefing. "It looks like heat, it looks like fires, it looks like this kind of environmental disaster ... This provides vivid images of what we can expect to see more of in the future."

In?Colorado,?wildfires?that have raged for weeks have killed four people, displaced thousands and destroyed hundreds of homes. Because winter snowpack was lighter than usual and melted sooner, fire season started earlier in the U.S. West, with?wildfires?out of control in?Colorado,?Montana?and?Utah.

The high temperatures that are helping drive these fires are consistent with projections by the U.N. Intergovernmental Panel on Climate Change, which said this kind of extreme heat, with little cooling overnight, is one kind of damaging impact of?global?warming.

Others include more severe storms, floods and droughts, Oppenheimer said.

The stage was set for these fires when winter snowpack was lighter than usual, said?Steven Running, a forest ecologist at the?University of Montana.

Source: http://rss.csmonitor.com/~r/feeds/science/~3/b4zbOiGxwoU/Colorado-wildfires-are-what-global-warming-really-looks-like-video

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Jager, Brooks off to London with late surges

EUGENE, Ore. ? Former Jacobs High star Evan Jager is a newcomer to the 3,000-meter steeplechase, but he's showing everyone how it's done ? and will get another chance to display his skills at the London Olympics.

His blond hair bobbing and his tongue sticking out in celebration as he neared the finish, Jager won the Olympic trials final in 8 minutes, 17.10 seconds Thursday before a Hayward Field record crowd of 22,602.

"I was in the lead with 500 (meters) to go and pushed it from there," Jager said. "I saw I had it and had pure elation on my face and I knew I was going to London."

Jager, who competed in the 5,000 at the world championships in Berlin in 2009, was running the steeplechase for only the fourth time, but he performed like a veteran. He moved into third with about a mile to go, then to second before taking the lead exiting the water jump with just more than a lap to go and holding off Donn Cabral (8:19.81) and Kyle Alcorn (8:22.17).

In the field: Millikin graduate Lance Brooks waited until his sixth and final attempt in the men's discus to unleash a personal-best throw of 213 feet, 9 inches, winning the event by nearly 6 feet and reaching the "A" standard to earn a spot in London.

"I knew I had to calm down," said Brooks, who fouled on his fourth and fifth throws. "I just kind of took a minute to relax and not tense up. ? I knew it was possible."

Southern Illinois' Jeneva McCall ranked fifth in the preliminary round of the women's shot put with a toss of 57-93/4 and advanced to Friday's final.

Fantastic finishes: Galen Rupp, who won the 10,000 meters on Friday in a meet-record 27:25.33, added the 5,000-meter title, running 52.54 seconds on the final lap to edge Bernard Lagat (13:22.67 to 13:22.82). Lopez Lomong was third in 13:24.47. Rupp broke Steve Prefontaine's trials record of 13:22.8 set in 1972. Rupp plans to run both events in London. Kim Conley earned the final women's 5,000 spot with a strong kick, edging Julia Lucas by 0.04 seconds and hitting the "A" standard by less than a second at 15:19.79. Julie Culley (15:13.77) and Molly Huddle (15:14.40) went 1-2.

On the mats: Arlington Heights' David Sender, 14th out of the 15 men who advanced into the two-day gymnastics trials, fell off the parallel bars in his first event Thursday. Paul Ruggeri, a University of Illinois graduate, is seventh overall, while current Illini C.J. Maestas is 10th overall going into Saturday's final round.

Diane Pucin contributed.

Source: http://chicagotribune.feedsportal.com/c/34253/f/622872/s/20d45e13/l/0L0Schicagotribune0N0Csports0Cbreaking0Cct0Espt0E0A6290Ebits0Eolympic0E0E20A120A6290H0A0H23891490Bstory0Dtrack0Frss/story01.htm

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Airplane Ceiling Light Fixture

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1. Light Fixture For Sloped Ceiling
2. Small Ceiling Light Fixture
3. Square Ceiling Light Fixture
4. Shower Ceiling Light Fixture
5. Adjustable Ceiling Light Fixture

This entry was posted on Thursday, June 28th, 2012 at 3:56 am and is filed under Light Fixtures. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Source: http://24nairobi.com/airplane-ceiling-light-fixture

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Kindle Fire 2 rumors try to rain on Google Nexus 7's parade

June 29, 2012, 8:30 AM ? In the midst of Google I/O and a decent amount of excitement generated around the Nexus 7, you might think Amazon's Kindle Fire would be forgotten for a few days. You'd be wrong.

I'm sure it was all just a coincidence (yeah, right) but we've heard some new Kindle Fire rumors this week. The first mutterings came by way of DigiTimes, a source I've found to be highly unreliable so I basically ignored what was being said, but then Monday Cnet got involved. Citing a "credible source," Cnet says new Kindles of both the Fire and E Ink variety would be announced during an event on July 31st. Cnet suggests that pricing would stay the same while performance improved.

Then yesterday Boy Genius Report jumped in with news of the long-rumored 10" Amazon tablet. BGR wouldn't speculate on date other than "soon." BGR describes the 10" "Hollywood" tablet as "a thinner version of the first generation iPad" with a front facing camera. It'll be running on a quad-core processor.

BGR's sources says construction quality of the new Amazon tablets is better than it is with the original Fire. Both tablets will have a metal casing and a port that 'may' be HDMI-out.

Excited yet? Me either. Back when we first heard rumors (in May 2011) of the Amazon "Hollywood" 10" tablet, a quad-core processor seemed quite impressive, but now it seems routine. Beyond that the rumors aren't telling us much.

I was pretty up on the Kindle Fire when it first came out but over time I've become more and more disillusioned by the custom version of Android it's running, and being limited to Amazon's AppStore. In truth for the past months I've just been using it as an e-reader.

So my number one question about any alleged new Amazon tablet would revolve around what the software experience will be. Are we still going to be running on a modified version of Android 2.3?

The timing of these rumors, coming just as Google is trying to get people excited about their $199 7" tablet, suggests that they may be intentional leaks from Amazon or just someone with an axe to grind with Google, but I'm not hearing anything that has me regretting my decision to pre-order the Nexus 7.

Read more of Peter Smith's TechnoFile blog and follow the latest IT news at ITworld. Follow Peter on Twitter at @pasmith. For the latest IT news, analysis and how-tos, follow ITworld on Twitter and Facebook.

Source: http://www.itworld.com/personal-tech/282837/kindle-fire-2-rumors-try-rain-google-nexus-7s-parade

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Tidal Evidence Suggests Water Sloshes Beneath Titan's Icy Crust

News | Space

New results make it clear that Saturn's moon Titan is one of the solar system's subset of large satellites with oceans

By Sid Perkins and Nature magazine ?| June 28, 2012?|

Image: NASA

From Nature magazine

Data gathered by NASA?s Cassini probe as it repeatedly swept past Titan, Saturn?s largest moon, offers the best evidence yet that the smog-swaddled satellite has a substantial ocean of water sloshing beneath a thick icy crust.

During Titan?s 16-day orbit around Saturn, the distance between the moon and its planet ranges from slightly less than 1.19 million kilometres to almost 1.26 million km ? a disparity that generates tides that flex the moon?s surface, says Luciano Iess, a planetary scientist at the Sapienza University of Rome. Estimates of the size of those tides and their effects can provide clues about the moon?s internal structure, he explains.

Since the Cassini probe began orbiting Saturn in July 2004, the craft has flown past Titan more than 80 times. For this study, Iess and his colleagues analysed how the moon's gravity caused Cassini to speed up as it approached Titan and then slow down as it receded during six of those flybys. Because Titan occupied different spots in its orbit during each flyby, the team of researchers could use the flyby data to discern subtle variations in the moon?s gravitational field as it moved through its orbit. These variations were brought about by changes in Titan's shape ? which, in turn, were triggered by tidal flexing of the moon?s surface.

The team?s analyses suggest that the surface of the moon can rise and fall by up to 10 metres during each orbit, says Iess. That degree of warpage suggests that Titan?s interior is relatively deformable, the team reports today in Science. Several models of the moon?s internal structure suggest such flexibility ? including a model in which the moon is solid but soft and squishy throughout. But the researchers contend that the most likely model of Titan is one in which an icy shell dozens of kilometres thick floats atop a global ocean. The team's findings, together with the results of previous studies, hint that Titan?s ocean may lie no more than 100 km below the moon?s surface.

Melting middles
?This is an exciting result that puts Titan firmly in the group of large satellites with oceans,? says Robert Pappalardo, a planetary scientist at NASA?s Jet Propulsion Laboratory in Pasadena, California. Previously, scientists have inferred the presence of oceans beneath the icy surfaces of several satellites in the outer Solar System, including Enceladus, which is another Saturnian moon, and Europa, which orbits Jupiter.

Tidal flexing of Titan?s icy crust wouldn?t provide enough heat to keep the subsurface ocean liquid, says Jonathan Lunine, a planetary scientist at Cornell University in Ithaca, New York, and a co-author of the study. But the energy released by the decay of radioactive elements in the moon?s core, the chemical reactions that dehydrate many of the silicates there, and the small amounts of ammonia that may taint the ocean would help keep it from freezing, he notes.

However, such tidal flexing could serve as an explanation for why methane is present in Titan?s atmosphere, even though the gas is usually destroyed by chemical reactions driven by sunlight, says Lunine. Deposits of methane-rich ice in the upper portions of Titan?s crust could be warmed enough by the flexing to release the gas, thereby replenishing the moon?s atmospheric concentrations of the gas. This would then fall as rain into methane oceans and lakes on the surface.

?But that?s just one idea, because scientists haven?t measured near-surface concentrations of methane [on Titan] yet,? Lunine notes. ?There?s no smoking gun for where it comes from.?

That evidence could soon be at hand. The Titan Mare Explorer (TiME) mission, one of three candidates now being considered by NASA for launch later this decade, would drop a floating, instrument-laden capsule into one of the large methane seas in Titan?s northern hemisphere to study the chemical and physical processes taking place there. "So far, we've only seen things during flybys," says Lunine.

This article is reproduced with permission from the magazine Nature. The article was first published on June 28, 2012.

Source: http://rss.sciam.com/click.phdo?i=a5b44532e8eef403bc173bc3a84a4560

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Palladium-gold nanoparticles clean TCE a billion times faster than iron filings

ScienceDaily (June 27, 2012) ? In the first side-by-side tests of a half-dozen palladium- and iron-based catalysts for cleaning up the carcinogen TCE, Rice University scientists have found that palladium destroys TCE far faster than iron -- up to a billion times faster in some cases.

The results will appear in a new study in the August issue of the journal Applied Catalysis B: Environmental.

TCE, or trichloroethene, is a widely used chemical degreaser and solvent that's found its way into groundwater supplies the world over. The TCE molecule, which contains two carbon atoms and three chlorine atoms, is very stable. That stability is a boon for industrial users, but it's a bane for environmental engineers.

"It's difficult to break those bonds between chlorine and carbon," said study author Michael Wong, professor of chemical and biomolecular engineering and of chemistry at Rice. "Breaking some of the bonds, instead of breaking all the carbon-chlorine bonds, is a huge problem with some TCE treatment methods. Why? Because you make byproducts that are more dangerous than TCE, like vinyl chloride.

"The popular approaches are, thus, those that do not break these bonds. Instead, people use air-stripping or carbon adsorption to physically remove TCE from contaminated groundwater," Wong said. "These methods are easy to implement but are expensive in the long run. So, reducing water cleanup cost drives interest in new and possibly cheaper methods."

In the U.S., TCE is found at more than half the contaminated waste sites on the Environmental Protection Agency's Superfund National Priorities List. At U.S. military bases alone, the Pentagon has estimated the cost of removing TCE from groundwater to be more than $5 billion.

In the search for new materials that can break down TCE into nontoxic components, researchers have found success with pure iron and pure palladium. In the former case, the metal degrades TCE as it corrodes in water, though sometimes vinyl chloride is formed. In the latter case, the metal acts as a catalyst; it doesn't react with the TCE itself, but it spurs reactions that break apart the troublesome carbon-chlorine bonds. Because iron is considerably cheaper than palladium and easier to work with, it is already used in the field. Palladium, on the other hand, is still limited to field trials.

Wong led the development of a gold-palladium nanoparticle catalyst approach for TCE remediation in 2005. He found it was difficult to accurately compare the new technology with other iron- and palladium-based remediation schemes because no side-by-side tests had been published.

"People knew that iron was slower than palladium and palladium-gold, but no one knew quantitatively how much slower," he said.

In the new study, a team including Wong and lead author Shujing Li, a former Rice visiting scholar from Nankai University, China, ran a series of tests on various formulations of iron and palladium catalysts. The six included two types of iron nanoparticles, two types of palladium nanoparticles -- including Wong's palladium-gold particle -- and powdered forms of iron and palladium-aluminum oxide.

The researchers prepared a solution of water contaminated with TCE and tested each of the six catalysts to see how long they took to break down 90 percent of the TCE in the solution. This took less than 15 minutes for each of the palladium catalysts and more than 25 hours for the two iron nanoparticles. For the iron powder, it took more than 10 days.

"We knew from previous studies that palladium was faster, but I think everyone was a bit surprised to see how much faster in these side-by-side tests," Li said.

Wong said the new results should be helpful to those who are trying to compare the costs of conducting large-scale tests on catalytic remediation of TCE.

Additional co-authors include former Rice undergraduate Chris Romanczuk '12, former Rice graduate student Yu-Lun Fang '11 and Nankai University faculty members Zhaohui Jin and Tielong Li. The research was supported by the National Science Foundation, the Welch Foundation and the China Scholarship Council.

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The above story is reprinted from materials provided by Rice University. The original article was written by Jade Boyd.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.

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Journal Reference:

1. Shujing Li, Yu-Lun Fang, Chris D. Romanczuk, Zhaohui Jin, Tielong Li, Michael S. Wong. Establishing the trichloroethene dechlorination rates of palladium-based catalysts and iron-based reductants. Applied Catalysis B: Environmental, 2012; 125: 95 DOI: 10.1016/j.apcatb.2012.05.025

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

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BofA Hires 30 Small Business Bankers - Zacks.com

As a part of it?s previously announced plan to appoint more than 1,000 small business bankers across the country by mid-2012, Bank of America Corporation (BAC - Analyst Report) announced the recruitment of 30 such bankers in Washington. Of these, 10 bankers were employed in the Seattle metro area.

BofA?s decision to hire small business bankers throughout the country stems from the fact that small businesses were facing difficulties in obtaining expertise on how to run operations and maintain finances. Hence, during early 2010, the company announced its plan to hire a wide number of such bankers.

According to the U.S. Small Business Administration (SBA), in Washington there are approximately 532,160 small businesses. These businesses account for more than 97% of all employers and employ over 50% of the private-sector workforce.

The owners of small businesses often face unique and complex financial demands. To understand the unique needs of these small business owners, customized guidance and constant attention of small business bankers are very much needed. Therefore, BofA is hiring these specialized bankers to tap the huge demand for personalized help in the region.

Through BofA?s small business bankers, small business owners will be able to access local expertise and a dedicated resource that properly understands its exclusive needs. Small business bankers will evaluate the business owners? credit, deposits, payroll and cash management needs besides providing proper guidance. This, in turn, will enable these businesses to manage finances in a better way and work more efficiently.

According to BofA, small businesses are critical to the development of the economy as a whole. In spite of their significant contribution to the economy, these do not have access to better banking facilities. Therefore, the company took such an initiative to sort out the problems faced by these and provide the owners with assistance to smoothly conduct their business operations.

In its efforts, BofA has been constantly pursuing active lending to small-scale firms. In the first quarter of 2012, the company extended approximately $106 million in credit to small businesses across Washington.

Moreover, BofA has been actively contributing to the Community Development Financial Institutions (CDFI) program by providing $200 million worth of finance to small businesses, which do not qualify for conventional loans. The CDFI program was initiated in 2010 to help some 9000 odd small businesses and maintain around 14,000 jobs.

Much like BofA, JPMorgan Chase & Co. (JPM - Analyst Report) is trying to accelerate the economic recovery by lending to small businesses. In the first quarter, it provided credit of more than $4 billion to small businesses and offered loan and raised capital of more than $445 billion for its commercial and consumer clients.

Currently, BofA retains a Zacks #3 Rank, which translates into a short-term Hold rating. Considering the fundamentals, we also maintain our long-term ?Neutral? recommendation on the stock.
?

Read the full analyst report on JPM

Read the full analyst report on BAC

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"Those fellows were hobos, beaten down, with low expectations" [Letter To The Editor]

In response to a story we ran about how hamburgers were better when people ground their own meat, reader Dennis St. Delore send the following letter to the editor, which I think is fantastic. Readers, please send more awesome emails like this, because they brighten my day. More »

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Facebook app for iPhone to get speed boost

44 min.

Suzanne Choney

Facebook's iPhone app will be getting?a much-needed improvement in speed, something users have been complaining about for awhile.?

The social network is a rich?experience on the iPhone, but that richness has a lot of complexity behind it, and that has been contributing to making the app more tortoise-like.

Two Facebook engineers, speaking anonymously to the New York Times, said that the Facebook has rebuilt the app to optimize it for speed.

We asked Facebook about the change.?"We don't comment on rumor and speculation," a spokesperson told msnbc.com.

The engineers said the new app, due sometime this summer, is being mainly?built using Objective-C, the?programming language used to build apps for Apple's iOS. They told the Times that many of the components of the existing version of the Facebook app use Web-based?HTML5.

"The current version of the app is essentially an Objective-C shell with a Web browser inside.?When it comes to speed, this is like putting the engine of a Smart Car in the body of a Ferrari," said the Times.

Have?you experienced the Facebook crawl on your iPhone? Let us know via your comments here.

Check out Technolog, Gadgetbox, Digital Life and In-Game on?Facebook,?and on Twitter, follow Suzanne Choney.

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Sen. McCaskill won't be the only convention no-show, just one of the more conspicuous (Washington Bureau)

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ScienceDaily: Biochemistry News

http://www.sciencedaily.com/news/matter_energy/biochemistry/ Read the latest research in biochemistry -- protein structure and function, RNA and DNA, enzymes and biosynthesis and more biochemistry news.en-usWed, 27 Jun 2012 15:10:52 EDTWed, 27 Jun 2012 15:10:52 EDT60http://www.sciencedaily.com/images/logosmall.gifhttp://www.sciencedaily.com/news/matter_energy/biochemistry/ For more science articles, visit ScienceDaily.http://www.sciencedaily.com/releases/2012/06/120627132116.htm Scientists have peered into the makeup of complex airborne particulate matter so small that it can be transported into human lungs -- usually without a trace.Wed, 27 Jun 2012 13:21:21 EDThttp://www.sciencedaily.com/releases/2012/06/120627132116.htmhttp://www.sciencedaily.com/releases/2012/06/120627132049.htm For the first time, air-polluting soot particles have been imaged in flight down to nanometer resolution. Pioneering a new technique scientists snapped the most detailed images yet of airborne aerosols.Wed, 27 Jun 2012 13:20:20 EDThttp://www.sciencedaily.com/releases/2012/06/120627132049.htmhttp://www.sciencedaily.com/releases/2012/06/120627131951.htm Scientists have developed a powerful new technique for manipulating the building-block molecules of organic chemistry. The technique enables chemists to add new functional molecules to previously hard-to-reach positions on existing compounds?making it easier for them to generate new drugs and other organic chemicals.Wed, 27 Jun 2012 13:19:19 EDThttp://www.sciencedaily.com/releases/2012/06/120627131951.htmhttp://www.sciencedaily.com/releases/2012/06/120627103350.htm Scientists are reporting an advance toward treating disease with minute capsules containing not drugs -- but the DNA and other biological machinery for making the drug. They describe engineering micro- and nano-sized capsules that contain the genetically coded instructions, plus the read-out gear and assembly line for protein synthesis that can be switched on with an external signal.Wed, 27 Jun 2012 10:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120627103350.htmhttp://www.sciencedaily.com/releases/2012/06/120627103310.htm Researchers have developed a new technique for controlling the crystalline structure of titanium dioxide at room temperature. The development should make titanium dioxide more efficient in a range of applications, including photovoltaic cells, hydrogen production, antimicrobial coatings, smart sensors and optical communication technologies.Wed, 27 Jun 2012 10:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120627103310.htmhttp://www.sciencedaily.com/releases/2012/06/120627092012.htm Ever since Hennig Brand's discovery in 1669, elementary phosphorus has fascinated chemists around the world. It is industrially produced by the ton and its compounds have numerous applications in materials science and the life sciences. The main known forms of the element are white, red, and black phosphorus. Chemists have now succeeded in creating a positively charged pure phosphorus compound.Wed, 27 Jun 2012 09:20:20 EDThttp://www.sciencedaily.com/releases/2012/06/120627092012.htmhttp://www.sciencedaily.com/releases/2012/06/120626114322.htm Imagine if doctors could perform surgery without ever having to cut through your skin. Or if they could diagnose cancer by seeing tumors inside the body with a procedure that is as simple as an ultrasound. Thanks to a new technique, all of that may be possible in the not-so-distant future.Tue, 26 Jun 2012 11:43:43 EDThttp://www.sciencedaily.com/releases/2012/06/120626114322.htmhttp://www.sciencedaily.com/releases/2012/06/120625160403.htm A mechanism that controls the way organisms breathe or photosynthesize has been discovered by scientists. The research could pave the way for improved biofuel production.Mon, 25 Jun 2012 16:04:04 EDThttp://www.sciencedaily.com/releases/2012/06/120625160403.htmhttp://www.sciencedaily.com/releases/2012/06/120625125803.htm Researchers have found a way to create much slimmer thin-film solar cells without sacrificing the cells' ability to absorb solar energy. Making the cells thinner should significantly decrease manufacturing costs for the technology.Mon, 25 Jun 2012 12:58:58 EDThttp://www.sciencedaily.com/releases/2012/06/120625125803.htmhttp://www.sciencedaily.com/releases/2012/06/120625100915.htm Differentiation of stem cells into bone nodules is greatly accelerated by nanomolecular scaffolds.Mon, 25 Jun 2012 10:09:09 EDThttp://www.sciencedaily.com/releases/2012/06/120625100915.htmhttp://www.sciencedaily.com/releases/2012/06/120623094310.htm Scientists have found a new mathematical approach to simulating the electronic behavior of noncrystalline materials, which may eventually play an important part in new devices including solar cells, organic LED lights and printable, flexible electronic circuits.Sat, 23 Jun 2012 09:43:43 EDThttp://www.sciencedaily.com/releases/2012/06/120623094310.htmhttp://www.sciencedaily.com/releases/2012/06/120619092935.htm A key component found in an ancient anaerobic microorganism may serve as a sensor to detect potentially fatal oxygen, researchers have found. This helps researchers learn more about the function of these components, called iron-sulfur clusters, which occur in different parts of cells in all living creatures.Tue, 19 Jun 2012 09:29:29 EDThttp://www.sciencedaily.com/releases/2012/06/120619092935.htmhttp://www.sciencedaily.com/releases/2012/06/120618153427.htm Scientists are racing to sequence DNA faster and cheaper than ever by passing strands of the genetic material through molecule-sized pores. Now, scientists have adapted this ?nanopore? method to find DNA damage that can lead to mutations and disease.Mon, 18 Jun 2012 15:34:34 EDThttp://www.sciencedaily.com/releases/2012/06/120618153427.htmhttp://www.sciencedaily.com/releases/2012/06/120618111830.htm Overturning two long-held misconceptions about oil production in algae, scientists show that ramping up the microbes' overall metabolism by feeding them more carbon increases oil production as the organisms continue to grow. The findings may point to new ways to turn photosynthetic green algae into tiny "green factories" for producing raw materials for alternative fuels.Mon, 18 Jun 2012 11:18:18 EDThttp://www.sciencedaily.com/releases/2012/06/120618111830.htmhttp://www.sciencedaily.com/releases/2012/06/120616145535.htm The design of a nature-inspired material that can make energy-storing hydrogen gas has gone holistic. Usually, tweaking the design of this particular catalyst -- a work in progress for cheaper, better fuel cells -- results in either faster or more energy efficient production but not both. Now, researchers have found a condition that creates hydrogen faster without a loss in efficiency.Sat, 16 Jun 2012 14:55:55 EDThttp://www.sciencedaily.com/releases/2012/06/120616145535.htmhttp://www.sciencedaily.com/releases/2012/06/120615204741.htm Researchers have engineered nanoparticles that show great promise for the treatment of multiple myeloma (MM), an incurable cancer of the plasma cells in bone marrow.Fri, 15 Jun 2012 20:47:47 EDThttp://www.sciencedaily.com/releases/2012/06/120615204741.htmhttp://www.sciencedaily.com/releases/2012/06/120613153331.htm A powerful color-based imaging technique is making the jump from remote sensing to the operating room. Scientists are working to ensure it performs as well when spotting cancer cells in the body as it does with oil spills in the ocean.Wed, 13 Jun 2012 15:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120613153331.htmhttp://www.sciencedaily.com/releases/2012/06/120613133341.htm In the not-too-distant future, scientists may be able to use DNA to grow their own specialized materials, thanks to the concept of directed evolution. Scientists have, for the first time, used genetic engineering and molecular evolution to develop the enzymatic synthesis of a semiconductor.Wed, 13 Jun 2012 13:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120613133341.htmhttp://www.sciencedaily.com/releases/2012/06/120613133150.htm An implantable fuel cell could power neural prosthetics that help patients regain control of limbs. Engineers have developed a fuel cell that runs on the same sugar that powers human cells: glucose. This glucose fuel cell could be used to drive highly efficient brain implants of the future, which could help paralyzed patients move their arms and legs again.Wed, 13 Jun 2012 13:31:31 EDThttp://www.sciencedaily.com/releases/2012/06/120613133150.htmhttp://www.sciencedaily.com/releases/2012/06/120613102130.htm A scientist may be onto an ocean of discovery because of his research into a little sea creature called the mantis shrimp. The research is likely to lead to making ceramics -- today's preferred material for medical implants and military body armour -- many times stronger. The mantis shrimp's can shatter aquarium glass and crab shells alike.Wed, 13 Jun 2012 10:21:21 EDThttp://www.sciencedaily.com/releases/2012/06/120613102130.htmhttp://www.sciencedaily.com/releases/2012/06/120612145139.htm Researchers have created a computational tool to help predict how proteins fold by finding amino acid pairs that are distant in sequence but change together. Protein interactions offer clues to the treatment of disease, including cancer.Tue, 12 Jun 2012 14:51:51 EDThttp://www.sciencedaily.com/releases/2012/06/120612145139.htmhttp://www.sciencedaily.com/releases/2012/06/120612101458.htm A novel porous material that has unique carbon dioxide retention properties has just been developed.Tue, 12 Jun 2012 10:14:14 EDThttp://www.sciencedaily.com/releases/2012/06/120612101458.htmhttp://www.sciencedaily.com/releases/2012/06/120611193636.htm A newly developed carbon nanotube material could help lower the cost of fuel cells, catalytic converters and similar energy-related technologies by delivering a substitute for expensive platinum catalysts.Mon, 11 Jun 2012 19:36:36 EDThttp://www.sciencedaily.com/releases/2012/06/120611193636.htmhttp://www.sciencedaily.com/releases/2012/06/120611105311.htm New groundbreaking research has found that exposure to nanoparticles can have a serious impact on health, linking it to rheumatoid arthritis and the development of other serious autoimmune diseases. The findings have health and safety implications for the manufacture, use and ultimate disposal of nanotechnology products and materials. They also identified new cellular targets for the development of potential drug therapies in combating the development of autoimmune diseases.Mon, 11 Jun 2012 10:53:53 EDThttp://www.sciencedaily.com/releases/2012/06/120611105311.htmhttp://www.sciencedaily.com/releases/2012/06/120611092345.htm Researchers have created a reliable and fast flu-detection test that can be carried in a first-aid kit. The novel prototype device isolates influenza RNA using a combination of magnetics and microfluidics, then amplifies and detects probes bound to the RNA. The technology could lead to real-time tracking of influenza.Mon, 11 Jun 2012 09:23:23 EDThttp://www.sciencedaily.com/releases/2012/06/120611092345.htmhttp://www.sciencedaily.com/releases/2012/06/120610151304.htm Enabling bioengineers to design new molecular machines for nanotechnology applications is one of the possible outcomes of a new study. Scientists have developed a new approach to visualize how proteins assemble, which may also significantly aid our understanding of diseases such as Alzheimer's and Parkinson's, which are caused by errors in assembly.Sun, 10 Jun 2012 15:13:13 EDThttp://www.sciencedaily.com/releases/2012/06/120610151304.htmhttp://www.sciencedaily.com/releases/2012/06/120606155808.htm Using ultrafast, intensely bright pulses of X-rays scientists have obtained the first ever images at room temperature of photosystem II, a protein complex critical for photosynthesis and future artificial photosynthetic systems.Wed, 06 Jun 2012 15:58:58 EDThttp://www.sciencedaily.com/releases/2012/06/120606155808.htmhttp://www.sciencedaily.com/releases/2012/06/120606132316.htm A new voyage into "chemical space" ? occupied not by stars and planets but substances that could become useful in everyday life ? has concluded that scientists have synthesized barely one tenth of one percent of potential medicines. The report estimates that the actual number of these so-called "small molecules" could be one novemdecillion (that's one with 60 zeroes), more than some estimates of the number of stars in the universe.Wed, 06 Jun 2012 13:23:23 EDThttp://www.sciencedaily.com/releases/2012/06/120606132316.htmhttp://www.sciencedaily.com/releases/2012/06/120605121639.htm Halogens particularly chlorine, bromine, and iodine ? have a unique quality which allows them to positively influence the interaction between molecules. This ?halogen bonding? has been employed in the area of materials science for some time, but is only now finding applications in the life sciences.Tue, 05 Jun 2012 12:16:16 EDThttp://www.sciencedaily.com/releases/2012/06/120605121639.htmhttp://www.sciencedaily.com/releases/2012/06/120605102842.htm Researchers have developed a highly sensitive detector of infrared light that can be used in applications ranging from detection of chemical and biochemical weapons from a distance and better airport body scanners to chemical analysis in the laboratory and studying the structure of the universe through new telescopes.Tue, 05 Jun 2012 10:28:28 EDThttp://www.sciencedaily.com/releases/2012/06/120605102842.htmhttp://www.sciencedaily.com/releases/2012/06/120604092858.htm A new microscope enabled scientists to film a fruit fly embryo, in 3D, from when it was about two-and-a-half hours old until it walked away from the microscope as a larva.Mon, 04 Jun 2012 09:28:28 EDThttp://www.sciencedaily.com/releases/2012/06/120604092858.htmhttp://www.sciencedaily.com/releases/2012/06/120603191722.htm A new study suggests that the replication process for DNA -- the genetic instructions for living organisms that is composed of four bases (C, G, A and T) -- is more open to unnatural letters than had previously been thought. An expanded "DNA alphabet" could carry more information than natural DNA, potentially coding for a much wider range of molecules and enabling a variety of powerful applications, from precise molecular probes and nanomachines to useful new life forms.Sun, 03 Jun 2012 19:17:17 EDThttp://www.sciencedaily.com/releases/2012/06/120603191722.htmhttp://www.sciencedaily.com/releases/2012/05/120531165752.htm A laboratory test used to detect disease and perform biological research could be made more than 3 million times more sensitive, according to researchers who combined standard biological tools with a breakthrough in nanotechnology.Thu, 31 May 2012 16:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531165752.htmhttp://www.sciencedaily.com/releases/2012/05/120531145728.htm Scientists have demonstrated how the world's most powerful X-ray laser can assist in cracking the structures of biomolecules, and in the processes helped to pioneer critical new investigative avenues in biology.Thu, 31 May 2012 14:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531145728.htmhttp://www.sciencedaily.com/releases/2012/05/120531145720.htm Biochemists have designed specialized proteins that assemble themselves to form tiny molecular cages hundreds of times smaller than a single cell. The creation of these miniature structures may be the first step toward developing new methods of drug delivery or even designing artificial vaccines.Thu, 31 May 2012 14:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531145720.htmhttp://www.sciencedaily.com/releases/2012/05/120531145630.htm Ultrashort flashes of X-radiation allow atomic structures of macromolecules to be obtained even from tiny protein crystals.Thu, 31 May 2012 14:56:56 EDThttp://www.sciencedaily.com/releases/2012/05/120531145630.htmhttp://www.sciencedaily.com/releases/2012/05/120531102207.htm Our ability to "read" DNA has made tremendous progress in the past few decades, but the ability to understand and alter the genetic code, that is, to "rewrite" the DNA-encoded instructions, has lagged behind. A new study advances our understanding of the genetic code: It proposes a way of effectively introducing numerous carefully planned DNA segments into genomes of living cells and of testing the effects of these changes. New technology speeds up DNA "rewriting" and measures the effects of the changes in living cells.Thu, 31 May 2012 10:22:22 EDThttp://www.sciencedaily.com/releases/2012/05/120531102207.htmhttp://www.sciencedaily.com/releases/2012/05/120530152203.htm Researchers have developed a method for building complex nanostructures out of interlocking DNA "building blocks" that can be programmed to assemble themselves into precisely designed shapes. With further development, the technology could one day enable the creation of new nanoscale devices that deliver drugs directly to disease sites.Wed, 30 May 2012 15:22:22 EDThttp://www.sciencedaily.com/releases/2012/05/120530152203.htmhttp://www.sciencedaily.com/releases/2012/05/120530104034.htm Inexpensive, portable devices that can rapidly screen cells for leukemia or HIV may soon be possible thanks to a chip that can produce three-dimensional focusing of a stream of cells, according to researchers.Wed, 30 May 2012 10:40:40 EDThttp://www.sciencedaily.com/releases/2012/05/120530104034.htmhttp://www.sciencedaily.com/releases/2012/05/120530100041.htm Scientists have engineered cells that behave like AND and OR Boolean logic gates, producing an output based on one or more unique inputs. This feat could eventually help researchers create computers that use cells as tiny circuits.Wed, 30 May 2012 10:00:00 EDThttp://www.sciencedaily.com/releases/2012/05/120530100041.htmhttp://www.sciencedaily.com/releases/2012/05/120529113543.htm An integrated chemical chip has just been developed. An advantage of chemical circuits is that the charge carrier consists of chemical substances with various functions. This means that we now have new opportunities to control and regulate the signal paths of cells in the human body. The chemical chip can control the delivery of the neurotransmitter acetylcholine. This enables chemical control of muscles, which are activated when they come into contact with acetylcholine.Tue, 29 May 2012 11:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120529113543.htmhttp://www.sciencedaily.com/releases/2012/05/120528154859.htm Physicists have developed a method that models biological cell-to-cell adhesion that could also have industrial applications.Mon, 28 May 2012 15:48:48 EDThttp://www.sciencedaily.com/releases/2012/05/120528154859.htmhttp://www.sciencedaily.com/releases/2012/05/120528100253.htm Scientists have created and imaged the smallest possible five-ringed structure -- about 100,000 times thinner than a human hair. Dubbed 'olympicene', the single molecule was brought to life in a picture thanks to a combination of clever synthetic chemistry and state-of-the-art imaging techniques.Mon, 28 May 2012 10:02:02 EDThttp://www.sciencedaily.com/releases/2012/05/120528100253.htmhttp://www.sciencedaily.com/releases/2012/05/120527153818.htm Multi-walled carbon nanotubes riddled with defects and impurities on the outside could replace some of the expensive platinum catalysts used in fuel cells and metal-air batteries, according to scientists.Sun, 27 May 2012 15:38:38 EDThttp://www.sciencedaily.com/releases/2012/05/120527153818.htmhttp://www.sciencedaily.com/releases/2012/05/120527153718.htm Scientists have developed an ultra-sensitive test that should enable them to detect signs of a disease in its earliest stages.Sun, 27 May 2012 15:37:37 EDThttp://www.sciencedaily.com/releases/2012/05/120527153718.htmhttp://www.sciencedaily.com/releases/2012/05/120525103614.htm Images of the cell's transport pods have revealed a molecular version of the robots from Transformers. Previously, scientists had been able to create and determine the structure of 'cages' formed by parts of the protein coats that encase other types of vesicles, but this study was the first to obtain high-resolution images of complete vesicles, budded from a membrane.Fri, 25 May 2012 10:36:36 EDThttp://www.sciencedaily.com/releases/2012/05/120525103614.htmhttp://www.sciencedaily.com/releases/2012/05/120524143527.htm There's nothing like a new pair of eyeglasses to bring fine details into sharp relief. For scientists who study the large molecules of life from proteins to DNA, the equivalent of new lenses have come in the form of an advanced method for analyzing data from X-ray crystallography experiments.Thu, 24 May 2012 14:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120524143527.htmhttp://www.sciencedaily.com/releases/2012/05/120524123232.htm Researchers are using nanoparticles to simultaneously deliver proteins and DNA into plant cells. The technology could allow more sophisticated and targeted editing of plant genomes. And that could help researchers develop crops that adapt to changing climates and resist pests.Thu, 24 May 2012 12:32:32 EDThttp://www.sciencedaily.com/releases/2012/05/120524123232.htmhttp://www.sciencedaily.com/releases/2012/05/120524092932.htm Quantum physics and plant biology seem like two branches of science that could not be more different, but surprisingly they may in fact be intimately tied. Scientists have discovered an unusual quantum effect in the earliest stages of photosynthesis.Thu, 24 May 2012 09:29:29 EDThttp://www.sciencedaily.com/releases/2012/05/120524092932.htmhttp://www.sciencedaily.com/releases/2012/05/120523135527.htm Quantum computers may someday revolutionize the information world. But in order for quantum computers at distant locations to communicate with one another, they have to be linked together in a network. While several building blocks for a quantum computer have already been successfully tested in the laboratory, a network requires one additonal component: A reliable interface between computers and information channels. Austrian physicists now report the construction of an efficient and tunable interface for quantum networks.Wed, 23 May 2012 13:55:55 EDThttp://www.sciencedaily.com/releases/2012/05/120523135527.htmhttp://www.sciencedaily.com/releases/2012/05/120522152655.htm Rapid DNA sequencing may soon become a routine part of each individual's medical record, providing enormous information previously sequestered in the human genome's 3 billion nucleotide bases. Recent advances in sequencing technology using a tiny orifice known as a nanopore are covered in a new a article.Tue, 22 May 2012 15:26:26 EDThttp://www.sciencedaily.com/releases/2012/05/120522152655.htmhttp://www.sciencedaily.com/releases/2012/05/120521164104.htm Scientists have synthesized polymers to attach to proteins in order to stabilize them during shipping, storage and other activities. The study findings suggest that these polymers could be useful in stabilizing protein formulations.Mon, 21 May 2012 16:41:41 EDThttp://www.sciencedaily.com/releases/2012/05/120521164104.htmhttp://www.sciencedaily.com/releases/2012/05/120521163751.htm Scientists have devised a method for repeatedly encoding, storing and erasing digital data within the DNA of living cells. In practical terms, they have devised the genetic equivalent of a binary digit -- a "bit" in data parlance.Mon, 21 May 2012 16:37:37 EDThttp://www.sciencedaily.com/releases/2012/05/120521163751.htmhttp://www.sciencedaily.com/releases/2012/05/120521115654.htm Blood tests convey vital medical information, but the sight of a needle often causes anxiety and results take time. A new device however, can reveal much the same information as a traditional blood test in real-time, simply by shining a light through the skin. This portable optical instrument is able to provide high-resolution images of blood coursing through veins without the need for harsh fluorescent dyes.Mon, 21 May 2012 11:56:56 EDThttp://www.sciencedaily.com/releases/2012/05/120521115654.htmhttp://www.sciencedaily.com/releases/2012/05/120521103808.htm The plague, bacterial dysentery, and cholera have one thing in common: These dangerous diseases are caused by bacteria which infect their host using a sophisticated injection apparatus. Through needle-like structures, they release molecular agents into their host cell, thereby evading the immune response. Researchers have now elucidated the structure of such a needle at atomic resolution. Their findings might contribute to drug tailoring and the development of strategies which specifically prevent the infection process.Mon, 21 May 2012 10:38:38 EDThttp://www.sciencedaily.com/releases/2012/05/120521103808.htmhttp://www.sciencedaily.com/releases/2012/05/120518132657.htm Tiny beads may act as minimally invasive glucose sensors for a variety of applications in cell culture systems and tissue engineering.Fri, 18 May 2012 13:26:26 EDThttp://www.sciencedaily.com/releases/2012/05/120518132657.htmhttp://www.sciencedaily.com/releases/2012/05/120518081147.htm Using newly developed imaging technology, chemists have confirmed years of theoretical assumptions about water molecules, the most abundant and one of the most frequently studied substances on Earth.Fri, 18 May 2012 08:11:11 EDThttp://www.sciencedaily.com/releases/2012/05/120518081147.htmhttp://www.sciencedaily.com/releases/2012/05/120517193141.htm Researchers have come closer to solving an old challenge of producing graphene quantum dots of controlled shape and size at large densities, which could revolutionize electronics and optoelectronics.Thu, 17 May 2012 19:31:31 EDThttp://www.sciencedaily.com/releases/2012/05/120517193141.htmhttp://www.sciencedaily.com/releases/2012/05/120517143506.htm Scientists have discovered how adding trace amounts of water can tremendously speed up chemical reactions -? such as hydrogenation and hydrogenolysis ?- in which hydrogen is one of the reactants, or starting materials.Thu, 17 May 2012 14:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120517143506.htmhttp://www.sciencedaily.com/releases/2012/05/120514104848.htm Three proteins have been found to be involved in the accumulation of fatty acids in plants. The discovery could help plant scientists boost seed oil production in crops. And that could boost the production of biorenewable fuels and chemicals.Mon, 14 May 2012 10:48:48 EDThttp://www.sciencedaily.com/releases/2012/05/120514104848.htm

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Should You Pursue Venture Capital?

It?s rare that you?ll see me post an article from another website on this blog, but I read this and thought it was important. It?s also a topic I don?t know very much about. Venture capital.

With my first business, HydroSport, I worked at least 2 jobs for about 10 years to fund it. If I had known then how much time and money it would take I don?t think I would have done it. It would have been way too overwhelming. But once I was about half way into it there was really no turning back. You get to a certain point where you just have too much time and money invested to give up.

venture capital for entrepreneurs

Throughout the whole process I kept wishing a guardian angel investor would come along and save me, but that never happened. Now after reading this article by Peter Ireland, maybe I was on the right path after all and didn?t know it.

Venture Capital

Are you really sure that you want to go this route? Most entrepreneurs who pursue venture capital don?t qualify and merely end up wasting a lot of time and energy in a futile endeavor.

It gets worse, a venture capital firm will in most cases fire the founder and founding team within months of an early financing round. The Wall Street Journal pointed this out in a article by Barnaby Federer from September 30th, 2002:

? ?If you ask a VC what value they add, and you get?
them after a few drinks, they?ll say, ?We replace the CEO? ?,?
he said. And that, he indicated, does not vary?
with the economic climate. The Best Startup Guides for Entrepreneurs

There is nothing smarter than learning from the successes and mistakes of others so that you do not waste time ?re-inventing the wheel?. The AVC Smart Startup Guide teaches you the startup strategies and tactics of the founders of America?s fastest growing startups, the ?Inc 500?. Most of these highly successful companies were launched without outside capital. ?It can?t be done!?, you say?? Well, here?s proof positive that their knowledge can offered in a systemized manner you can apply to your own startup.

Investing in this manual is equivalent to spending a week with the founders of these fast growth companies. The only difference is that the manual is affordably priced.

Stop wasting time on dead ends such as business plans and chasing strangers for money.

Click here for the details.

10 Reasons to Shy Away from Venture Capital

Venture Capital a Faustian Bargain?We?re going to raise venture capital!?
Rookie Entrepreneur This declaration is heard daily across the land from first-time entrepreneurs. To the uninitiated it sounds impressive and even glamorous to embark on such a path. However, to veteran entrepreneurs it?s a strong indication of the rookie?s naivety and lack of understanding of the consequences of accepting money from outsiders.

While venture capital can be a tremendous boon to a tiny fraction of the companies pursuing it, in the vast majority of cases it presents the entrepreneur with a ?Faustian Bargain?. Venture capital brings with it tremendous meddling and pressure from venture capitalists who in this day and age typically lack both the operating and industry depth of their predecessors. The effect of this on fledgling ventures is loss of control by the entrepreneur which then frequently leads to bad?and sometimes fatal?business decisions being made.

Here are ten drawbacks of venture capital for the entrepreneur to mull over before making a decision to pursue it.

• The decision to chase venture capital is often a tempting distraction from the much more complex and important entrepreneurial tasks of creating something to sell and persuading someone to buy it. The pursuit of venture capital is sometimes a means by which to postpone the day of reckoning when the marketplace finally decides if the idea will fly.

• Venture capitalists behave like sheep investing only in whatever industry happens to be the flavor of the month. Everyone else need not apply.

• Rookie entrepreneurs talking to venture capitalists expose their ideas to increased risk because they cannot distinguish between genuine interest and mere ?brain-sucking? to uncover corporate secrets.

• Once negotiations begin venture capitalists will typically stall in order to push cash short companies to the brink of bankruptcy as a way of extracting additional equity and concessions at the last moment.

• Terms demanded by greedy venture capitalists frequently work to erode and ultimately destroy the founding team?s motivation and commitment to building a successful company.

• With the first dollar of venture capital accepted the entrepreneur?s control slips away to 28-year-old MBA wonder-boys with only the shallowest of operating experience.

• As soon as venture capitalists become involved the founder?s role shifts from critical company building functions to preparing reports, attending endless meetings, writing memos, and hand-holding impatient and/or meddlesome investors.

• An infusion of capital often shifts the founding team?s focus away from selling to spending money in an effort to placate venture capitalists who often confuse bulking-up staff and assets with real growth.

• Venture capital brings with it tremendous pressure to create a liquidity event but this frequently results in bad decisions being made to launch products too early or enter into the wrong markets.

• The venture capitalist?s knee-jerk response to every problem faced by a portfolio company is to fire the founders and evade any personal responsibility for bad decisions.

Here?s a bonus 11th reason why venture capital is bad. It is by far the most expensive money an entrepreneur can ever tap into. Let?s do the math to see why this is. Suppose you and a venture capitalist agree to a ?pre-money? valuation of $1 million for your start-up, and the venture capitalist then invests $1 million for 50% of the equity. After the investment, the company is said to have a ?post-money? valuation of $2 million. Being 50/50 partners sounds acceptable, right?

Three years later the company is sold to a Fortune 500 corporation for $5 million. Do you and the venture capitalist each get $2.5 million from the proceeds? Not on your Nellie! The venture capitalist will have a so-called ?liquidation preference? built into the original investment agreement which allows him to first take out 2 to 5 (or more) times his principal before anyone else sees a penny. So, let?s say that in this example he takes out $3 million (i.e., a ?3X liquidation preference?), plus any accrued dividends on his preferred stock. After exercising the liquidation preference and cashing in his dividends only $1 million is left. You, the founder, and your team, will then split this remaining money on a 50/50 basis with the venture capitalist.

This is a simplified example of what happens.In real life the founder and her team would probably receive far less than even the $500,000 due to all the fine print clauses.

At this point, you really have to ask yourself if it?s even worth the effort.

The good news is that there is a wealth of academic research to support the contention that anyone wishing to build a company for the long term will be better off by not utilizing venture capital. As a result savvy entrepreneurs devise startup strategies that allow them to focus on generating cash flow during the first year instead of chasing venture capital. Conversely, naive ?entrepreneurial wanna-bees?, such as those we observed in the recent dotcom era, have a philosophy which can be summed up as, ?Give me X million dollars or this idea is dead!?.

If your entrepreneurial goal is a company ?built to last? it?s usually best to forgo venture capital. On the other hand, if your goal is a company ?built to flip? for a fast buck use venture capital if it is available to you.

Peter Ireland, is an entrepreneur, former CEO of a public company, and angel investor.?

Copyrights 1996-2003? Peter Ireland

There?s more than one way to fund a startup and venture capital is just one of them. Throughout this blog I?ll do more research into different ways to find money for your ideas. Sometimes I feel like I did it the hard way, but I own my business free and clear 100% and make all of my own decisions. I don?t have anyone standing over my shoulder telling me how to run it and I?ve learned so much by having to do everything myself.

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Historic handshake: Queen meets ex-IRA chief

By Sohel Uddin, NBC News

Thirty-five years ago, Queen Elizabeth's silver jubilee was greeted with graffiti declaring "Victory to the IRA, stuff the jubilee."

Wednesday marked a highly significant turnaround as the queen, in her diamond jubilee year, met and shook hands with a?onetime senior Irish Republican Army commander who once stood against everything she represented and even considered her a legitimate target.

As a British person and a journalist, I never thought I'd see this day.

---

This is because I grew up with Northern Ireland. What does this mean? It means watching with incredulity as the IRA targeted the British establishment, including a sitting prime minister -- almost succeeding in assassinating her.

Coverage of event by NBC News' U.K. partner ITN News

The "troubles," as they were diplomatically called, became part of everyday life. We watched clashes with soldiers on television. News of bombings was a constant drip-drip in the news. It was one of those things that as a boy and a young man, I thought would never end.?

So the meeting with Martin McGuinness, the first between the queen and a senior member of the IRA or its political wing Sinn Fein, is a landmark in the peace process 14 years after the militant group ended its 30-year campaign against British rule.

PhotoBlog: A historic handshake, a historic image in Northern Ireland's peace process

On Tuesday, she held a private meeting with relatives of the 11 people killed in a 1987 bombing in Enniskillen, an?attack that sparked a wave of revulsion against the IRA and helped convince its leadership to engage in the peace process.

3,500 killed
Belfast's Lyric theater, the venue of the historic handshake, has probably never felt so much attention during a performance as it did during the get-together between the British monarchy and Sinn Fein.?

Photos: Queen Elizabeth II begins her 20th trip to Northern Ireland

Few will know what the queen was thinking. But surely it was a difficult event for her, and not just because of the more than 3,500 killed in the conflict, 1,800 of whom were innocent civilians, according to The Guardian.

Paul Faith / Pool via AFP - Getty Images

Britain's Queen Elizabeth II shakes hands with Northern Ireland Deputy First Minister Martin McGuinness in Belfast on Wednesday.

It is doubtless especially poignant for her because her cousin, Lord Mountbatten, was killed in 1979 when the IRA?blew up his boat in Southern Ireland.?He was the man who many believe was responsible for the queen's marriage to Prince Philip, and was a guiding influence to the heir-to-the-throne Prince Charles.

The countless threats her family has lived with must have contributed to a feeling of unease ahead of the meeting. But the queen's real thoughts will probably never be known, nor will her reaction when she was advised to perform this duty.

'It will be difficult': Queen meets IRA victims before landmark handshake

And it wasn't only the queen who was taking a chance -- it came at a cost for McGuinness too. He was being branded a traitor, with a lot of republicans saying that he has sold out and betrayed the principles they stand for.

Republicans protested against Wednesday's meeting, and McGuinness' decision could hurt his political ambitions.

British reaction on a political level has by and large been supportive, despite the bitterness and painful memories of the past.

Norman Tebbit, a former Conservative Party Chairman and a survivor of a deadly bombing in the seaside city of Brighton that targeted Prime Minister Margaret Thatcher, saw it as a victory over the IRA.

Before Wednesday's event, Tebbit wrote in?The Telegraph?that the meeting would be a victory for the queen, the monarchy and Great Britain:?

"I am glad that Mr McGuinness appears to have now accepted on behalf of IRA/Sinn Fein the sovereignty of Her Majesty over Northern Ireland, and I hope that this is a step towards a public recompense and confession of his regret for the violence unleashed by them in his name."

While the meeting does not mark the end of tensions in Northern Ireland, it draws a line under a conflict that cost the lives of thousands and beset the queen for half of her reign.

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