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mark cuban

10 Funniest Angel and VC Blog Posts, November 2008

by Marissa Louie on November 24, 2008

by Marissa Louie

ZOMG Our angel and VC friends have done it again. They’d rather roast our insides than roast the turkey. Turn that portfolio company from turkey to turnkey. Joke’s on us, VC billionaires.

Purchaze

-1- Paul Kedrosky: Somali Pirates and TARP

*PAULSON: TARP PIRATE EQUITY IS AN `INVESTMENT,’ WILL PAY OFF.”

-2- Brad Feld: Take Responsibility for your Actions

“I tried calling 1-800-BAIL-OUT to see if I was missing something.  They wouldn’t help me…”

-3- Joi Ito: Loic for a Day

“I thought about selling Loic on eBay, but I realized that would be too selfish.”

-4- Jeff Nolan: I am a Bond

“4 basic types of bonds, Schoolhouse Rock style.”

-5- Fred Wilson: Do You Ever Do Any Real Work?

“Slowly but surely people are wising up to the fact that blogging is work and its a very valuable use of my time.”

-6- James D. Robinson IV: The More Things Change, The More They Stay The Same

“VC’s are too arrogant and the pitching process is too inefficient.”

-7- Daniel Cohen: New TeeVee Live!

“”The best part was his reply to a question on how Fred changed his life: “I get attention from the senior girls in school, which is cool”. Excellent.”

-8- Josh Kopelman: Road Trip

“Chris Fralic, organized a two-day road trip to the four largest advertising agencies in country.  We rented a bus.”

-9- Bing Gordon: Looking for Killer Apps

“Look how smart I am (how dumb I am not!); I got this new (insert hardware model here) and it can do this!!!”

-10- Mark Cuban: Proud to be an American

“I can tell you that no entrepreneur or CEO worth a damn in this country gives up or works less because of a change in tax policy.”

**Honorable mention**

-11- David Cowan: It’s a Smule World After All

When Jeff’s team isn’t cleaning out Bessemer’s kitchen, they’re churning out ass-kicking Chuck-on-iPhone (CHiP) apps.

**Your turn**

Suggest funny angel and VC blog posts through Turkey Day (you know these are going to be ridiculous!)

Marissa Louie is the Founder and CEO of AD Village (http://ad-village.com) which helps bloggers monetize and advertisers optimize. If you liked this post, you might also like You Know You’re a Young Female Entrepreneur When…, 10+ Funniest Angel and VC Blog Posts October 2008, and The Future Co-existence of PR and Advertising. She gets esoteric on Twitter, where she announces Entrepreneur 2 Entrepreneur Office Hours and broadcasts her entrepreneurial journey.

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SEC Files Insider Trading Charges Against Mark Cuban

by Brian Solis on November 17, 2008

by Brian Solis


Mark Cuban at TC50 2008

In a surprising move, The SEC filed and officially announced insider trading charges against Mark Cuban. The SEC contends that Cuban sold 600,000 shares of the stock in Mamma.com (now known as Copernic), an Internet search engine company, on the basis of material, non-public information concerning an impending stock offering.

According to Linda Chatman Thomsen, Director of the SEC’s Division of Enforcement, “Insider trading cases are a high priority for the Commission. This case demonstrates yet again that the Commission will aggressively pursue illegal insider trading whenever it occurs.”

Mark Cuban, however, responded to the allegations through his blog, “I wish I could say more, but I will have to leave it to this, and let the judicial process do its job.”

He continued in a formal statement, “I am disappointed that the Commission chose to bring this case based upon its Enforcement staff’s win-at-any-cost ambitions. The staff’s process was result-oriented, facts be damned. The government’s claims are false and they will be proven to be so.”

Ralph C. Ferrara, Esq., Cuban’s attorney, also published a statement, “This matter, which has been pending before the Commission for nearly two years, has no merit and is a product of gross abuse of prosecutorial discretion. Mr. Cuban intends to contest the allegations and to demonstrate that the Commission’s claims are infected by the misconduct of the staff of its Enforcement Division.”

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