OnlyOnce : BATNA – Best Alternative to a Negotiated Agreement. One needs to have a BATNA be it in a negotiation, investment pitch or life !

Here are some vital points that should characterize any Corporate Weblog Manifesto Scobleizer: Weblog about your product or your company

Seth Levine puts gyan on the steps to become a VC : Step one: Assume you will not be able to land a job as a venture capitalist. Step two: Understand the math. Step three: Get close to VC’s.  Step four. Be smart about networking. Step five: Don’t get discouraged.

Here’s a firm to watch out , solving the business need of reduced traffic jam hours : “Redmond-based-Inrix has raised its initial round of capital to help sell prediction software alerting drivers to potential traffic gridlock up to days in advance. The company received $6.1 million in the first round, the largest amount a Washington software company has obtained at that stage in almost two years. But Inrix has another first, as well.

Mat Blumberg has a nice post on how to negotiate a term sheet with a VC. ** Here’s the summary: 1. Get a good lawyer.** 2. Focus on terms that matter, otherwise known as Pick your battles. A typical VC term sheet will have at least 20 terms spelled out in it. There are only a few that really matter in the end, although you should at least make sure your lawyer is comfortable that the others are reasonable and somewhat standard.