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March 24, 2004
Valuable Data Walking Out the Door
Ed Felten points to a fascinating article by Simon Garfinkel in CSO magazine about what can be found on old hard drives. If you're responsible for scrapping old PCs in your enterprise, you may want to consider this article and ask yourself what your policy is for making sure valuable or confidential data isn't leaving with your old computers.
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Its a Good Time to Be An Entrepreneur
Bambi Francisco's commentary at CBS MarketWatch (free registration required) lists some reasons its a good time to be an entrepreneur:
- The most conservative estimation of the excess venture capital from the heyday is $13.5 billion. If venture capitalists don't invest the overhang of funds they were entrusted with five years ago and paid to manage, they risk having to give back management fees to their investors.
- A total of 31 IPOs have raised $8.1 billion in proceeds so far in 2004, well ahead of the five IPOs that raised $645 million in the year-ago period.
- The number of start-ups getting seed to first-round funding in the fourth quarter jumped to 30 percent of all funds invested.