'I Feel Duped on Climate Change'

Discussion in 'West Mall' started by Namewithheld, Feb 9, 2012.

  1. theLobo

    theLobo < 25 Posts

    Serious question---when you say "Angel Investor Territory"---you're meaning that they're agreeing to incredibly early-stage terms (SAFE, et. al.) with almost barely trackable revenue and certainly no EDBITA to speak of? And with all those unknowns, as is the case in the Angel Space (not seed, not VC)...they're still stroking $50mm equity tranches? I mean I know there are $50mm checks going out, but they're going out to operators that are quite along down the revenue path. Angel/Seed to me means there's nothing coming in yet, it's almost completely unproven and that doesn't usually mean $75mm equity strokes before any of the other cap stack comes into play. I've seen this in other sectors, but I am would be extremely curious to learn more about your slice. If you're doing pre-revenue angel for mid-to-high 7 figures, I'd like to talk to you about seeing those term sheets and being a possible post-EDBITA equity slice. I didn't know you could do angel money in this climate at that high a ticket price. Kudos.
     
  2. Monahorns

    Monahorns 5,000+ Posts

    theLobo. You from Monahans?
     
  3. theLobo

    theLobo < 25 Posts

    No, but I spent a week there one night.
     
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  4. Monahorns

    Monahorns 5,000+ Posts

    So where does theLobo come from? NMU? If so you suffered way more.
     
  5. AC

    AC 2,500+ Posts

    Ide rather be better in West TX than HS right now.
     
  6. theLobo

    theLobo < 25 Posts

    By NMU, do you mean UNM Lobos? I'm from Illinois.
     
  7. AC

    AC 2,500+ Posts

    theLobo - I sent you a PM.
     
  8. Monahorns

    Monahorns 5,000+ Posts

    Trying to understand your internet pseudonym, theLobo. Yes, UNM Lobos. I am 0 for 2 on my guesses, but you are a guy spending time in West Texas calling himself Lobo so I though there was a connection.
     
  9. Sangre Naranjada

    Sangre Naranjada 10,000+ Posts

    Maybe he just like dressing in these:
    [​IMG]
     
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  10. theLobo

    theLobo < 25 Posts

    Fair point. I'll reply to the PM sent by AC and fill him in on the origin of the name.
    And yes, I've gotten one of those wolf shirts before as a gag gift for my birthday in late May. And the front graphics were all just one contiguous matted adhesive that was like wearing polyester in the summertime. It looked cool but it was hot as hell to wear.

    Off to see what's new in NG this morning...
     
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  11. Joe Fan

    Joe Fan 10,000+ Posts

    [​IMG]
     
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  12. Statalyzer

    Statalyzer 10,000+ Posts

    Given that we're talking about two subsets of a very large set, not sure if that correlates much.
     
  13. VYFan

    VYFan 2,500+ Posts

    I think all those kids would strongly agree that someone needs to clean up after them.
     
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  14. theiioftx

    theiioftx Sponsor Deputy

    I’m not really a fighter on either side of this issue. But are the same scientists for global warming involved in predicting Covid deaths? Asking for a friend.
     
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  15. Monahorns

    Monahorns 5,000+ Posts

    They are using the same models at the very least.
     
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  16. Mr. Deez

    Mr. Deez Beer Prophet

    I was thinking about this the other day. What bugs me about the "experts" on both of these issues isn't that they've gotten some things wrong. They're still human beings. We all get things wrong, myself included. What bugs me is that they expect a degree of deference that should only be given to people who are seldom or never wrong. They don't understand that the more often you're wrong, the less deference you'll receive, and that's compounded even further when you're demanding that people take actions that threaten to destroy their economic condition. They think their credentials should change that dynamic, but they don't.

    And no, that isn't "anti-science" or "denialism." It's a rational human response. The credentials only matter if they're backed up by your record. If everything I told my clients turned out to be wrong, they wouldn't take me very seriously. Saying, "but look at the license and JD on the wall. I even had them put in fancy frames" wouldn't make a difference.
     
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  17. Monahorns

    Monahorns 5,000+ Posts

    Deez, to your point, people, scientists, models have inaccuracy. The problem is that those who "believe science" don't allow the models to be properly vetted. I have listened to climate scientists discuss how the models have never been analyzed. They have obvious errors which have been identified in the industry. But any time issues are raised, they are ignored. The truthfulness of the models are not defended. They are merely assumed. They are wrong.
     
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  18. Mr. Deez

    Mr. Deez Beer Prophet

    They don't want the models questioned at all, because that suggests fallibility. And of course, fallibility demands less deference than infallibility. They'd rather have a media and political class that assumes their infallibility, dismisses and ridicules those who challenge them, and then erases history when the models turn out to be wrong.
     
  19. mchammer

    mchammer 10,000+ Posts

    The models are used for persuasion, not for prediction. As such, most model proponents will persuade over and above what is prudent just in case (see what happened with the virus models). The best response which gets them really mad is to call them alarmist.
     
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  20. Joe Fan

    Joe Fan 10,000+ Posts

    The virus is getting the Greta-types all excited

     
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  21. Monahorns

    Monahorns 5,000+ Posts

    Eric wants millions upon millions of people to lose their jobs, just to follow an inaccurate, unvetted model. What a Karen.
     
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  22. Joe Fan

    Joe Fan 10,000+ Posts

     
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  23. Monahorns

    Monahorns 5,000+ Posts

    Nothing like digging a big hole, lining it with man made materials like concrete and tile, filling it up with water and pouring chemicals in it to keep anything from living in it, to show your love for the Earth.
     
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  24. mchammer

    mchammer 10,000+ Posts

    Same for wind mills and solar panels
     
  25. Monahorns

    Monahorns 5,000+ Posts

    One of the worst things about wind and solar is that the kWh/land area is SUPER low. It won't work anyway, because they are unreliable and expensive. But even if that wasn't a problem you would have to cut down the rest of the forests and parks to fill that land with solar and wind farms in order to provide enough energy, just for today's demand. Wind and solar are a complete waste of time.
     
  26. Joe Fan

    Joe Fan 10,000+ Posts

     
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  27. Statalyzer

    Statalyzer 10,000+ Posts

    Not only does that not fit the cliche in the first place, but....

    "Karen" *takes a shot
     
  28. Monahorns

    Monahorns 5,000+ Posts

  29. Joe Fan

    Joe Fan 10,000+ Posts

    funny how that works

    [​IMG]
     
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  30. Horn6721

    Horn6721 10,000+ Posts

    ? Michael Moore made an anti green movie?
     

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