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	<title>Comments on: &#8220;Smart Money&#8221; vs Dumb Money</title>
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	<link>http://saunderslog.com/2006/02/22/smart-money-vs-dumb-money/</link>
	<description>A daily round table on the tech industry with experts and callers from all over the globe. Join us as we pick apart the news and get to the meat of what\'s happening out there.</description>
	<pubDate>Thu, 08 Jan 2009 17:47:51 +0000</pubDate>
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		<title>By: Alec</title>
		<link>http://saunderslog.com/2006/02/22/smart-money-vs-dumb-money/#comment-5595</link>
		<dc:creator>Alec</dc:creator>
		<pubDate>Wed, 19 Apr 2006 03:27:23 +0000</pubDate>
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		<description>True, Joan.  The real question is whether you should pay a "smart money" premium to the VC.  There are other ways to raise money.  My company, iotum, for instance has raised well over $1 million from non-VC sources, offering much more attractive terms than a VC would at the stage we are at.</description>
		<content:encoded><![CDATA[<p>True, Joan.  The real question is whether you should pay a &#8220;smart money&#8221; premium to the VC.  There are other ways to raise money.  My company, iotum, for instance has raised well over $1 million from non-VC sources, offering much more attractive terms than a VC would at the stage we are at.</p>
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		<title>By: Joan Yang</title>
		<link>http://saunderslog.com/2006/02/22/smart-money-vs-dumb-money/#comment-5591</link>
		<dc:creator>Joan Yang</dc:creator>
		<pubDate>Wed, 19 Apr 2006 02:24:29 +0000</pubDate>
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		<description>"I try to assess whether I could buy that expertise by hiring well vs buy it by selling a piece of the company. "  I found this interesting. How do you hire well if you don't much enough money. One purpose of using VC money is enabling company's expanding including hiring elites</description>
		<content:encoded><![CDATA[<p>&#8220;I try to assess whether I could buy that expertise by hiring well vs buy it by selling a piece of the company. &#8221;  I found this interesting. How do you hire well if you don&#8217;t much enough money. One purpose of using VC money is enabling company&#8217;s expanding including hiring elites</p>
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