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Archive for November, 2015

 

Unknown

In September of 2005, on the first day of school, Martha Cothren, a History teacher at
Valley Heights High School in Port Rowan , did something not to be forgotten.

On the first day of school, with the permission of the school Superintendent, the Principal
and the Building Supervisor, she removed all of the desks in her classroom. When the First Period
kids entered the room, they discovered that there were no desks. “Ms. Cothren, where are our desks?”

She replied: “You can’t have a desk until you tell me how you earn the right to sit at a desk.”
They thought: “Well, maybe it’s our Grades.” “No.” she said.
“Maybe it’s our behavior.” She told them: “No, it’s not even your behavior.”
And so, they came and went ~~~ the First Period, Second Period, Third Period.
Still no desks in the classroom. Kids called their parents to tell them what was happening
and by early afternoon, television news crews had started gathering at the school to report
about this crazy teacher who had taken all the desks out of her room.

The final Period of the day came and the puzzled students found seats on the floor of the desk-less classroom.

Martha Cothren said: “Throughout the day no one has been able to tell me just what he or she has
done to earn the right to sit at the desks that are ordinarily found in this classroom. Now I am going to tell you.”
At this point, Martha Cothren went over to the door of her classroom and opened it.
Twenty-seven (27) Veterans, all in uniform, walked into that classroom, each one carrying a school desk.

The Vets began placing the school desks in rows, and then they would walk over and stand alongside the wall.
By the time the last soldier had set the final desk in place, those kids started to understand —
perhaps for the first time in their lives — just how the right to sit at those desks had been earned.

Martha said: “You didn’t earn the right to sit at these desks. These heroes did it for you.
They placed the desks here for you. They went halfway around the world, giving up their education
and interrupting their careers and families so you could have the freedom you have.

Now, it’s up to you to sit in them. It is your responsibility to learn, to be good students, to be good citizens.
They paid the price so that you could have the freedom to get an education. Don’t ever forget it.”
By the way, this is a true story, and this teacher was awarded Veterans of Foreign Wars Teacher
of the Year in 2006. She is the daughter of a WWII POW.
Do you think this email is worth passing along so others won’t forget either,
that the freedoms we have in this great country were earned by our Veterans ??? I did.

Let us always remember the Men and Women
of our Military and the rights they have won for us.

Unknown-1

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VC Snapshot: October

PitchBook November 03, 2015

October closed with nearly $7.4 billion of capital invested in venture rounds globally, a relatively modest amount compared to past months. The month didn’t end without its fair share of large deals and mega-valuations, however. Eight companies received funding at a valuation of $1 billion or higher, including 23andMe scoring $115 million at a valuation of $1.1 billion and AppDirect bringing in $140 million in late-stage funding at a valuation of $1.35 billion. SaaS platforms received the largest percentage of the deal flow at almost 30%, while roughly half of the total capital invested was distributed over the 45 largest financing rounds of the month.

Source: PitchBook

Source: PitchBook

 

647 different VC investors were active during October, 21 of which participated in five or more deals. New Enterprise Associates led all VC investors by completing 16 investments, followed closely by Sequoia Capital and Accel Partners at 15 and 12 deals, respectively. 418 (65%) of the active firms are headquartered in North America; 21% are based in Europe.

Hedge fund Coatue Management closed the largest VC-focused fund of the month with its Coatue Private Fund II ($1B), which will focus on late-stage and growth financings of telecomm, media and technology companies. 16 vehicles closed on $100 million or more, including Y Combinator Continuity Fund I ($700M), U.S. Venture Partners XI ($281M) and Highland Europe Technology Growth II ($373M).

Capital exited eclipsed $4.4 billion in October, with 85 VC-backed exits completed via buyout, IPO or acquisition. A total of 75 companies were acquired, one of the largest being medical device company Twelve, which was acquired by Medtronic for $458 million. Of the 10 IPOs that were completed, seven included companies in the healthcare industry, though IT company Pure Storage completed the largest offering by raising $425 million.

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