Comments on: Last One Off the Clue Train is a Rotten Peach! http://www.scottburkett.com/index.php/atlanta-business-scene/2009-06-23/last-one-off-the-clue-train-is-a-rotten-peach.html Blogging, opining, ruminating, and pontificating on entrepreneurship, venture capital, process improvement, technology, online communities, business networking, IT Management, online social networking, and other things that melt in the warm Atlanta sun. Mon, 15 Feb 2010 01:53:34 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Scott Burkett http://www.scottburkett.com/index.php/atlanta-business-scene/2009-06-23/last-one-off-the-clue-train-is-a-rotten-peach.html/comment-page-1#comment-126715 Scott Burkett Wed, 24 Jun 2009 01:39:33 +0000 http://www.scottburkett.com/?p=973#comment-126715 Hey Paul. Call me crazy, but I'd rather not take financial advice of any sort from the heads of a teacher's union in a state with one of the worst public education systems in the country. Anyone else see the silliness in this? :) You or Fleming may be able to answer this. Which pension funds are we talking about in the current iteration of this thing? Teachers, Firefighters, etc? Is it an "all or nothing" thing, whereby all of the various public pension funds have to be managed as a single entity, or can we just leave the teacher's out of it and pass a bill that allows the state to invest the other various pension funds? Cheers. Scott Hey Paul. Call me crazy, but I’d rather not take financial advice of any sort from the heads of a teacher’s union in a state with one of the worst public education systems in the country. Anyone else see the silliness in this? :)

You or Fleming may be able to answer this. Which pension funds are we talking about in the current iteration of this thing? Teachers, Firefighters, etc? Is it an “all or nothing” thing, whereby all of the various public pension funds have to be managed as a single entity, or can we just leave the teacher’s out of it and pass a bill that allows the state to invest the other various pension funds?

Cheers.
Scott

]]> By: Paul Freet http://www.scottburkett.com/index.php/atlanta-business-scene/2009-06-23/last-one-off-the-clue-train-is-a-rotten-peach.html/comment-page-1#comment-126667 Paul Freet Tue, 23 Jun 2009 17:07:27 +0000 http://www.scottburkett.com/?p=973#comment-126667 When talking about the Teachers Retirement Fund, you must remember this is the teacher's retirement fund. :-) They overwhelmingly don't want it going into alternative assets. Teachers are some of the most risk averse people out there. Those teachers not so risk averse have their money in a 403B instead. Be careful. Entrepreneurs complaining to their representative on this issue might just look like they are trying to take someone else's money. When talking about the Teachers Retirement Fund, you must remember this is the teacher’s retirement fund. :-) They overwhelmingly don’t want it going into alternative assets. Teachers are some of the most risk averse people out there. Those teachers not so risk averse have their money in a 403B instead.

Be careful. Entrepreneurs complaining to their representative on this issue might just look like they are trying to take someone else’s money.

]]> By: Scott Burkett http://www.scottburkett.com/index.php/atlanta-business-scene/2009-06-23/last-one-off-the-clue-train-is-a-rotten-peach.html/comment-page-1#comment-126663 Scott Burkett Tue, 23 Jun 2009 16:43:42 +0000 http://www.scottburkett.com/?p=973#comment-126663 Wow, are you serious? The angel group made you buy THEM dinner? Seriously - you need to email me so we can make sure we add them to our blacklist. That's insane. Scott Wow, are you serious? The angel group made you buy THEM dinner? Seriously – you need to email me so we can make sure we add them to our blacklist. That’s insane.

Scott

]]> By: DudeMan http://www.scottburkett.com/index.php/atlanta-business-scene/2009-06-23/last-one-off-the-clue-train-is-a-rotten-peach.html/comment-page-1#comment-126661 DudeMan Tue, 23 Jun 2009 16:26:13 +0000 http://www.scottburkett.com/?p=973#comment-126661 Go Gators! "Why does the St. Johns river flow North? Georgia Sucks." I can tell you though, that the envy goes both ways. @StephenFleming will attest that the UF venture lab equivalent is envious of what we have going on at GT. Also, I pitched in Gainesville, FL last year to a room of Angels who haven't done a deal in a long time. Also, they made me buy dinner, so I don't think I'll be back that way for a while... Having said all of that, I hate losing, but it's especially bad coming in dead last! Don't count on the state to do anything about this anytime soon. :( Go Gators! “Why does the St. Johns river flow North? Georgia Sucks.”

I can tell you though, that the envy goes both ways. @StephenFleming will attest that the UF venture lab equivalent is envious of what we have going on at GT.

Also, I pitched in Gainesville, FL last year to a room of Angels who haven’t done a deal in a long time. Also, they made me buy dinner, so I don’t think I’ll be back that way for a while…

Having said all of that, I hate losing, but it’s especially bad coming in dead last! Don’t count on the state to do anything about this anytime soon. :(

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