<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Mayfield&#8217;s Palihapitiya: &#8220;White male circle of insiders&#8221;</title>
	<atom:link href="http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/feed/" rel="self" type="application/rss+xml" />
	<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/</link>
	<description>News About Tech, Money and Innovation</description>
	<lastBuildDate>Mon, 23 Nov 2009 21:25:39 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Lee Taylor</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-371575</link>
		<dc:creator>Lee Taylor</dc:creator>
		<pubDate>Thu, 12 Jul 2007 06:55:56 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-371575</guid>
		<description>&quot;Once I get inside, I will do my best to completely explode it from the inside&quot;
 

Get in, and then tear down the establishment. Sound familiar? 

In America, thanks to political correctness, it&#039;s been working overtime for decades. Multiculturalism is a one-way street. Or when was the last time you saw &quot;diversity&quot; in a chinese restaurant? Or any &quot;minority owned&quot; business. Only whites must conform to the numbers game.

&quot;Once I get inside, I will do my best to completely explode it from the inside&quot;

As a white male doing business in India, see how far that mindset will get you. Or better yet, try it in some of the countries in the middle east. Not a chance. You play by their rules - and be grateful - or you don&#039;t play at all. 

And no one complains.</description>
		<content:encoded><![CDATA[<p>&#8220;Once I get inside, I will do my best to completely explode it from the inside&#8221;</p>
<p>Get in, and then tear down the establishment. Sound familiar? </p>
<p>In America, thanks to political correctness, it&#8217;s been working overtime for decades. Multiculturalism is a one-way street. Or when was the last time you saw &#8220;diversity&#8221; in a chinese restaurant? Or any &#8220;minority owned&#8221; business. Only whites must conform to the numbers game.</p>
<p>&#8220;Once I get inside, I will do my best to completely explode it from the inside&#8221;</p>
<p>As a white male doing business in India, see how far that mindset will get you. Or better yet, try it in some of the countries in the middle east. Not a chance. You play by their rules &#8211; and be grateful &#8211; or you don&#8217;t play at all. </p>
<p>And no one complains.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Felix A. Lopez</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8443</link>
		<dc:creator>Felix A. Lopez</dc:creator>
		<pubDate>Mon, 05 Mar 2007 06:35:25 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8443</guid>
		<description>Wow. Here is my take: I think initially the VCs have to filter through all the noise and find the right product or idea.  And the person going after the VC money needs to have that right product or idea that will attract attention from VC.   So we have swim in the right circles.  And the people that swim in the right circles are US or we wouldn&#039;t be talking about this here!  For example, my name is Felix Anastasio Lopez.  But who really cares if I am Latin as long as I have a good idea, product or solution.  Like minded individuals will attract eachother.  That&#039;s why I read the Merc News and followed the report who started Venture Beat. And then I get invited to FeedBlitz and &quot;wa la&quot; I get to interact with people like you.  And thanks to Matt for having the courage to do his own thing.

As for me, I work in mesh networking and muni wifi. I have all types of ideas.  I get involved in WiFi electric meter reading. But the 2.4 GHz 802.11 frequency is so full of interference and such that WiFi metering is not fully mature yet. So I cannot leverage the MuniFi network and build other business applications to prove the model.  So I would love to devlop products that work on let&#039;s say 900 MHz or other frequencies that can seamlessly interact with the 2.4 Ghz 802.11 via Mobile IP Protocol for session persistance.  And would love to get VC money to do this.  Or how about developing &quot;guadian RFID&quot; for at risk students in need of a reminder of where they should be (studying and not fooling around)...or using the &quot;avatar&quot; ecosystem to simulate a business model in a real (simulated) environment. My buddies in China told me that they are already offering &quot;avatar&quot; services and people are paying someone to maintain their avatar on a 24 hour basis while the person is working!</description>
		<content:encoded><![CDATA[<p>Wow. Here is my take: I think initially the VCs have to filter through all the noise and find the right product or idea.  And the person going after the VC money needs to have that right product or idea that will attract attention from VC.   So we have swim in the right circles.  And the people that swim in the right circles are US or we wouldn&#8217;t be talking about this here!  For example, my name is Felix Anastasio Lopez.  But who really cares if I am Latin as long as I have a good idea, product or solution.  Like minded individuals will attract eachother.  That&#8217;s why I read the Merc News and followed the report who started Venture Beat. And then I get invited to FeedBlitz and &#8220;wa la&#8221; I get to interact with people like you.  And thanks to Matt for having the courage to do his own thing.</p>
<p>As for me, I work in mesh networking and muni wifi. I have all types of ideas.  I get involved in WiFi electric meter reading. But the 2.4 GHz 802.11 frequency is so full of interference and such that WiFi metering is not fully mature yet. So I cannot leverage the MuniFi network and build other business applications to prove the model.  So I would love to devlop products that work on let&#8217;s say 900 MHz or other frequencies that can seamlessly interact with the 2.4 Ghz 802.11 via Mobile IP Protocol for session persistance.  And would love to get VC money to do this.  Or how about developing &#8220;guadian RFID&#8221; for at risk students in need of a reminder of where they should be (studying and not fooling around)&#8230;or using the &#8220;avatar&#8221; ecosystem to simulate a business model in a real (simulated) environment. My buddies in China told me that they are already offering &#8220;avatar&#8221; services and people are paying someone to maintain their avatar on a 24 hour basis while the person is working!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chris Yeh</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8437</link>
		<dc:creator>Chris Yeh</dc:creator>
		<pubDate>Sun, 04 Mar 2007 15:33:52 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8437</guid>
		<description>Whether or not the talk was taken out of context, it&#039;s clear from the comments that some people do feel that the Valley is exclusive.

I wouldn&#039;t necessarily characterize it in terms of race or gender (though many women I know have assured me that the female experience is very different), but I will say that the desire to feel like part of the &quot;in&quot; crowd and the pain of feeling excluded still apply, and in spades.

Everyone knows that there is an in crowd, especially in Web 2.0.  Heck publications like VentureBeat, GigaOm, and TechCrunch act as de fact gatekeepers (though I admit that Matt is probably more egalitarian than Om or Mike).  And while that status makes the insiders feel good, those on the outside looking in can&#039;t help but feel envious of the incredible feast of opportunity that always seems out of reach.</description>
		<content:encoded><![CDATA[<p>Whether or not the talk was taken out of context, it&#8217;s clear from the comments that some people do feel that the Valley is exclusive.</p>
<p>I wouldn&#8217;t necessarily characterize it in terms of race or gender (though many women I know have assured me that the female experience is very different), but I will say that the desire to feel like part of the &#8220;in&#8221; crowd and the pain of feeling excluded still apply, and in spades.</p>
<p>Everyone knows that there is an in crowd, especially in Web 2.0.  Heck publications like VentureBeat, GigaOm, and TechCrunch act as de fact gatekeepers (though I admit that Matt is probably more egalitarian than Om or Mike).  And while that status makes the insiders feel good, those on the outside looking in can&#8217;t help but feel envious of the incredible feast of opportunity that always seems out of reach.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Michael McDonell</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8329</link>
		<dc:creator>Michael McDonell</dc:creator>
		<pubDate>Tue, 27 Feb 2007 20:31:16 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8329</guid>
		<description>Blocher uses &quot;models&quot; as she calls them in her work.  Let&#039;s not see this as an expose-not news sensationalism.

The Pope who had refused the Madona from Caravagio in Florence was asked who likes it-perhaps nobody but everybody likes very much the wonderful girl who was the model of Caravagio. 

This was an art piece...A R T... but what do I know-VC&#039;s were in Saigon&#039;s Chu Chi tunnels in 1968-69-and now they are some of Silicon Valley&#039;s most productive folks-
M</description>
		<content:encoded><![CDATA[<p>Blocher uses &#8220;models&#8221; as she calls them in her work.  Let&#8217;s not see this as an expose-not news sensationalism.</p>
<p>The Pope who had refused the Madona from Caravagio in Florence was asked who likes it-perhaps nobody but everybody likes very much the wonderful girl who was the model of Caravagio. </p>
<p>This was an art piece&#8230;A R T&#8230; but what do I know-VC&#8217;s were in Saigon&#8217;s Chu Chi tunnels in 1968-69-and now they are some of Silicon Valley&#8217;s most productive folks-<br />
M</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Matt Marshall</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8327</link>
		<dc:creator>Matt Marshall</dc:creator>
		<pubDate>Tue, 27 Feb 2007 16:31:38 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8327</guid>
		<description>Gordon,

That&#039;s a fair critique. I probably should have held off on the piece, until I fully understood the entire context. Unfortunately, we may never know the full context.</description>
		<content:encoded><![CDATA[<p>Gordon,</p>
<p>That&#8217;s a fair critique. I probably should have held off on the piece, until I fully understood the entire context. Unfortunately, we may never know the full context.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: RK</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8326</link>
		<dc:creator>RK</dc:creator>
		<pubDate>Tue, 27 Feb 2007 15:15:38 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8326</guid>
		<description>This is kind of interesting way to spin from  Mayfield,  they now wants people to think there childish untrained  VC was taken out of context!  Well may be they ought to admit, there little VC Screwed up, this people will buy.  May be  Kamini Ramani there  PR lady ought convey in there Monday partners meeting !</description>
		<content:encoded><![CDATA[<p>This is kind of interesting way to spin from  Mayfield,  they now wants people to think there childish untrained  VC was taken out of context!  Well may be they ought to admit, there little VC Screwed up, this people will buy.  May be  Kamini Ramani there  PR lady ought convey in there Monday partners meeting !</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Gordon Mohr</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8325</link>
		<dc:creator>Gordon Mohr</dc:creator>
		<pubDate>Tue, 27 Feb 2007 12:15:39 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8325</guid>
		<description>Re: &quot;...Mayfield says he was was taken out of context by the video. If true, itâ€™s a shame that such a mediocre piece of work would be supported by the SF Moma.&quot;

Er, the standards of modern art are not those of journalism. Taking a quote &#039;out of context&#039; could just as well make an installation great as &#039;mediocre&#039;. 

And if the quote was out of context -- who got it wrong? The SFChron presentation is: 

&quot;But Mayfield Fund venture capitalist Chamath Palihapitiya said that despite his success in Silicon Valley, he still sees a white male circle of insiders that he can&#039;t penetrate, with exclusive dinner parties and country clubs that he isn&#039;t part of.&quot;

That *doesn&#039;t* indicate that the &quot;white male circle of insiders&quot; is specifically in/about Silicon Valley. It *could* be read consistent with the Mayfield explanation. In contrast, this VentureBeat post&#039;s leading paragraph portrays this as a &quot;provocative remark about Silicon Valley&quot;.

So maybe it&#039;s neither the video nor the SFChron who got the context wrong -- but VentureBeat, who after all &quot;haven&#039;t seen it for ourselves yet.&quot;</description>
		<content:encoded><![CDATA[<p>Re: &#8220;&#8230;Mayfield says he was was taken out of context by the video. If true, itâ€™s a shame that such a mediocre piece of work would be supported by the SF Moma.&#8221;</p>
<p>Er, the standards of modern art are not those of journalism. Taking a quote &#8216;out of context&#8217; could just as well make an installation great as &#8216;mediocre&#8217;. </p>
<p>And if the quote was out of context &#8212; who got it wrong? The SFChron presentation is: </p>
<p>&#8220;But Mayfield Fund venture capitalist Chamath Palihapitiya said that despite his success in Silicon Valley, he still sees a white male circle of insiders that he can&#8217;t penetrate, with exclusive dinner parties and country clubs that he isn&#8217;t part of.&#8221;</p>
<p>That *doesn&#8217;t* indicate that the &#8220;white male circle of insiders&#8221; is specifically in/about Silicon Valley. It *could* be read consistent with the Mayfield explanation. In contrast, this VentureBeat post&#8217;s leading paragraph portrays this as a &#8220;provocative remark about Silicon Valley&#8221;.</p>
<p>So maybe it&#8217;s neither the video nor the SFChron who got the context wrong &#8212; but VentureBeat, who after all &#8220;haven&#8217;t seen it for ourselves yet.&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: techies in VC</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8322</link>
		<dc:creator>techies in VC</dc:creator>
		<pubDate>Tue, 27 Feb 2007 08:52:49 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8322</guid>
		<description>to FUNDED&#039;s question, how many female or minority VCs? and, white male clubbiness?: Kleiner Perkins has 22 investing partners.  

7 are female, 6 are Asian.  18 of 22 are &quot;techies&quot;, with degrees in science, math, or engineering, and operating experience in tech companies. 3 are MDs.  Is there a doctor on your team?  See www.kpcb.com.</description>
		<content:encoded><![CDATA[<p>to FUNDED&#8217;s question, how many female or minority VCs? and, white male clubbiness?: Kleiner Perkins has 22 investing partners.  </p>
<p>7 are female, 6 are Asian.  18 of 22 are &#8220;techies&#8221;, with degrees in science, math, or engineering, and operating experience in tech companies. 3 are MDs.  Is there a doctor on your team?  See <a href="http://www.kpcb.com" rel="nofollow">http://www.kpcb.com</a>.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Billy</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8316</link>
		<dc:creator>Billy</dc:creator>
		<pubDate>Tue, 27 Feb 2007 01:44:18 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8316</guid>
		<description>To say that white people are not that smart or that all VC&#039;s are racist money managers is completely ignorant.  Ever heard of Bill Gates or Steve Jobs?</description>
		<content:encoded><![CDATA[<p>To say that white people are not that smart or that all VC&#8217;s are racist money managers is completely ignorant.  Ever heard of Bill Gates or Steve Jobs?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: rhubarb</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8315</link>
		<dc:creator>rhubarb</dc:creator>
		<pubDate>Tue, 27 Feb 2007 01:41:24 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8315</guid>
		<description>VC&#039;s are not a club of white guys.  They are arrogant snobs who loath everyone for their stupidity.</description>
		<content:encoded><![CDATA[<p>VC&#8217;s are not a club of white guys.  They are arrogant snobs who loath everyone for their stupidity.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: filly</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8314</link>
		<dc:creator>filly</dc:creator>
		<pubDate>Tue, 27 Feb 2007 01:39:20 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8314</guid>
		<description>Use the word &quot;explode&quot; and expect to &quot;implode&quot;.</description>
		<content:encoded><![CDATA[<p>Use the word &#8220;explode&#8221; and expect to &#8220;implode&#8221;.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: anon</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8313</link>
		<dc:creator>anon</dc:creator>
		<pubDate>Tue, 27 Feb 2007 00:27:01 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8313</guid>
		<description>Mayfield shipped him overseas :-) That was fast!

I would not want this type of immature, so called VC on my board team.</description>
		<content:encoded><![CDATA[<p>Mayfield shipped him overseas <img src='http://venturebeat.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' />  That was fast!</p>
<p>I would not want this type of immature, so called VC on my board team.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Kamini Ramani</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8306</link>
		<dc:creator>Kamini Ramani</dc:creator>
		<pubDate>Mon, 26 Feb 2007 21:24:03 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8306</guid>
		<description>Chamath (who is currently on his way overseas) clarified that his comment was indeed taken out of context. It addressed how the world at large might work, but his comment about the Valley working as a meritocracy was not reported.  As a VC firm with a 39 year history, we know that the Valley VC community is inclusive, diverse and values merit above all else.</description>
		<content:encoded><![CDATA[<p>Chamath (who is currently on his way overseas) clarified that his comment was indeed taken out of context. It addressed how the world at large might work, but his comment about the Valley working as a meritocracy was not reported.  As a VC firm with a 39 year history, we know that the Valley VC community is inclusive, diverse and values merit above all else.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Sherwin</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8305</link>
		<dc:creator>Sherwin</dc:creator>
		<pubDate>Mon, 26 Feb 2007 21:18:46 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8305</guid>
		<description>This is how all of big corporate America is! White people hooking white people up. Let&#039;s face it, white people aren&#039;t that smart, but they have so much power. It&#039;s because your white buddies hook you up!</description>
		<content:encoded><![CDATA[<p>This is how all of big corporate America is! White people hooking white people up. Let&#8217;s face it, white people aren&#8217;t that smart, but they have so much power. It&#8217;s because your white buddies hook you up!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: lemon obrien</title>
		<link>http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/comment-page-1/#comment-8304</link>
		<dc:creator>lemon obrien</dc:creator>
		<pubDate>Mon, 26 Feb 2007 20:59:34 +0000</pubDate>
		<guid isPermaLink="false">http://venturebeat.com/2007/02/25/mayfields-palihapitiya-white-male-circle-of-insiders/#comment-8304</guid>
		<description>this is where this is coming from; an old 2006 article about how old VCs arn&#039;t cool enough.


http://orangedaysnews4.blogspot.com/2006/07/how-venture-capital-is-trying-to-get.html

excert:

&quot;The gambit is paying off for some investors. Venture capital firm Mayfield Fund recently made it a point to introduce goateed 29-year-old Chamath Palihapitiya, whom the firm was thinking of hiring, to an entrepreneur it was trying to court -- Greg Tseng, the 26-year-old co-founder of teen-chat Web site Tagged Inc. He was impressed with Mr. Palihapitiya&#039;s knowledge about teens and Web instant-messaging, a business Mr. Palihapitiya was at the time managing at America Online. 

Later, a Mayfield investor told Mr. Tseng that Mr. Palihapitiya had decided to join the firm. &quot;That definitely was a factor in our decision to go with Mayfield,&quot; says Mr. Tseng, who collected $7 million in funding from the firm in February. Allen Morgan, a 53-year-old managing director at Mayfield, says Mr. Palihapitiya was snapped up for his experience not his youth.&quot;</description>
		<content:encoded><![CDATA[<p>this is where this is coming from; an old 2006 article about how old VCs arn&#8217;t cool enough.</p>
<p><a href="http://orangedaysnews4.blogspot.com/2006/07/how-venture-capital-is-trying-to-get.html" rel="nofollow">http://orangedaysnews4.blogspot.com/2006/07/how-venture-capital-is-trying-to-get.html</a></p>
<p>excert:</p>
<p>&#8220;The gambit is paying off for some investors. Venture capital firm Mayfield Fund recently made it a point to introduce goateed 29-year-old Chamath Palihapitiya, whom the firm was thinking of hiring, to an entrepreneur it was trying to court &#8212; Greg Tseng, the 26-year-old co-founder of teen-chat Web site Tagged Inc. He was impressed with Mr. Palihapitiya&#8217;s knowledge about teens and Web instant-messaging, a business Mr. Palihapitiya was at the time managing at America Online. </p>
<p>Later, a Mayfield investor told Mr. Tseng that Mr. Palihapitiya had decided to join the firm. &#8220;That definitely was a factor in our decision to go with Mayfield,&#8221; says Mr. Tseng, who collected $7 million in funding from the firm in February. Allen Morgan, a 53-year-old managing director at Mayfield, says Mr. Palihapitiya was snapped up for his experience not his youth.&#8221;</p>
]]></content:encoded>
	</item>
</channel>
</rss>
