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Tuesday, August 25, 2020
Introduction to E-learning: Types, Benefits and Strategies
Prologue to E-learning: Types, Benefits and Strategies Part 2. Foundation and Related Work Presentation During the most recent decade the measure of writing distributed in the field of eLearning has developed perceptibly, as has the decent variety in perspectives and perspectives of individuals who take a shot at this subject. The general foundation introduced here as to eLearning incorporates the definition, subtleties of various sorts and the idea of value. Data quality inside data frameworks (IS), web mining and data separating procedures are the fundamental territories on which supporting writing is basically engaged. Be that as it may, an inside and out clarification of each part of these examination fields is outside the extent of this writing audit. The writing introduced here is especially centered around the subtopics of these huge examination zones which are legitimately pertinent to this exploration. The structure of this section is isolated into three principle parts: a general perspective on eLearning including meanings of eLearning, a review of eLearning types and the idea of value in eLearning; data quality (IQ) inside ISs; and data extraction strategies. Each area incorporates various subsections which address the components that are applicable to this examination. ELearning In this piece of the writing survey, we center around eLearning by giving a conversation about the meanings of eLearning, eLearning types and the idea of value in eLearning. Also, in this segment we establish the framework for the general idea of value in eLearning whereupon the exploration will be based. This segment likewise presents a conversation about the connections between innovation, clients and substance in an eLearning setting. ELearning Definition The term eLearning is utilized in the writing and in business to portray numerous fields, for example, web based learning, electronic preparing, separation learning, appropriated learning, virtual learning, or innovation based preparing. During ongoing decades, eLearning has been characterized in a few cases in various ways. In any distribution in the field of eLearning, guarantee that the writers seeing precisely coordinates that of most of the perusers, subsequently, the particular definition utilized ought to be expressed first. Also, to arrive at a more clear comprehension of what eLearning is, in this piece of the proposal we present various meanings of eLearning as referenced in the writing. All in all, the majority of the meanings of the term eLearning are utilized to communicate the abuse of innovations which can be utilized to convey learning (or learning materials) in an electronic arrangement, doubtlessly by means of the World Wide Web (WWW). Psaromiligkos and Retalis consider eLearning to be the frameworks which use the WWW as a conveyance mechanism for static learning assets, for example, instructional documents, or as an interface onto intelligent The past definitions take a gander at eLearning as a rule; in more detail, eLearning can be as courses or as modules and littler learning materials it additionally could take different structures. Romiszowski considers these subtleties and sums up the definitions experienced in the writing in a way that stresses that eLearning can be a singular, singular action, or a shared gathering movement. It likewise proposes that both simultaneous and offbeat intuitive structures can be locked in. Naidu likewise thinks about the distinctions in the types of collaboration when attempting to figure a general meaning of eLearning: instructive procedures that use data and correspondences innovation to intercede offbeat just as coordinated learning and educating exercises. The position embraced in this examination is that eLearning involves the innovation used to disperse the learning materials, the nature of these materials, and the association with students. The meaning of eLearning utilized in this examination tends to these measurements as far as: the utilization of new sight and sound advancements and the Internet to improve the nature of learning by encouraging access to assets and administrations just as remote trade and joint efforts ELearning Types As notice prior, eLearning takes a wide range of structures and incorporates various sorts of frameworks. In the surviving writing eLearning types are characterized following two primary tomahawks: the client setting (people, gatherings or a network of clients) and clients commitment and intelligence. Romiszowski considers these subtleties and sums up the definitions experienced in the accompanying table, which underlines that eLearning can be a lone, singular action, or a collective gathering action. It additionally proposes that both coordinated and offbeat intelligent structures can be locked in. Looking all the more profoundly at the division of the types of intelligence utilized in eLearning frameworks, there are two principle sorts of eLearning: nonconcurrent and simultaneous, contingent upon learning and instructing exercises. Coordinated eLearning conditions require mentors and students, or the online cohorts, to be online simultaneously, where live connections occur between them. In this unique situation, Doherty depicts an Asynchronous Learning Network (ALN) as an assortment of eLearning frameworks which circulate learning materials and ideas toward each path in turn. In addition, Spencer and Hiltz express ALN as a spot where students can connect with learning materials, coaches and different students, through the WWW at various occasions and from better places. The focal point of this examination will be on a situation where understudies sign in to and utilize the framework freely of different understudies and staff individuals, just as utilizing offbeat techniques with respect to learning content, quality administration and conveyance which fit immovably into the general meaning of the nonconcurrent eLearning condition. Quality Concept in ELearning The meaning of eLearning received in this proposal speaks to three central measurements: innovation, access and quality. The concentration in this examination will be on quality, which is viewed as a critical issue for instruction when all is said in done, and for eLearning specifically. This area of the writing audit will talk about ideas of value in eLearning for the most part, and feature the significance of substance as the most basic factor for the general quality. At present, there are two perceived difficulties in eLearning: the interest for by and large interoperability and the solicitation for (high) caliber. In any case, quality can't be communicated and set by a basic definition, since in itself quality is an exceptionally conceptual idea. Truth be told, it is a lot simpler to see the nonappearance of value than its essence. Regardless of endeavors to arrive at a far reaching, all inclusive meaning of value in eLearning, there is as yet a major equivocalness encompassing the issue. One position is to think about quality as an assessment of greatness, a position which is principally received by colleges and training foundations. For instance, in colleges quality instructing and learning are advanced as the top need, concentrating on rules or estimations in regards to showing contribution to courses, the learning results, and the intuitiveness with the framework. Another pattern is to think about the improvement in quality, where quality is improved by moving past the set originations applied, and by and large moving toward an adaptable procedure of arrangement, which needs an exceptionally elevated level of value ability from those included. Moreover, quality can be seen and considered from various perspectives. Here, the SunTrust Equitable report outlines what they see to be the worth chain in eLearning as a pyramid. The substance is the most basic factor of eLearning. In reality, to have the option to utilize the web as an instrument to improve learning, the substance ought not occupy students, yet increment their enthusiasm for learning. Learning apparatuses and empowering influences are additionally significant in the learning technique. As a general rule, suppliers of learning stages and information the board frameworks are key in the effective conveyance of substance. These organizations give the important foundation to convey learning content. Besides, learning specialist organizations (LSP) are the circulation channels for content suppliers. One of the difficulties confronting these information centers and LSPs is to guarantee that the students are getting new substance. Organizations concentrated on instructive e-following at that point total the worth pyramid of eLearning. Taking a gander at the pyramid it tends to be obviously seen that substance is the most basic part of learning through the web. Along these lines, Henry expressed that eLearning is made out of three primary perspectives: substance, innovation and administrations, he additionally underlined that substance is the most huge factor. In spite of the fact that this proposition will concentrate on the nature of substance conveyed by eLearning as the most significant rules and the most powerful in the general degree of learning quality, the predefined setting and the points of view of clients additionally should be considered when characterizing quality in eLearning. It is likewise basic to group appropriate standards to address this quality. ELearning Technology, Users and Content Albeit most eLearning clarifications center around the innovation and not on the learning, it is essential to remember the individuals eLearning is intended for. Additionally, singular learning styles and required learning materials ought to be tended to first. At that point a reasonable electronic conveyance strategy can be embraced. On their site (agelesslearner.com), Karl and Marcia Conner remarked, in such manner, that Maybe the e ought to really follow the word learning'. Henry depicts the substance in a manner that incorporates all conveyed materials, including the materials which are typically offered in study hall based learning and that are custom fitted for eLearning, notwithstanding some other information the engineer may offer. Truth be told, eLearning frameworks are considered to
Saturday, August 22, 2020
What Was the Role of the First World War on Mussolini’s Transition
What was the job of the First World War in Mussoliniââ¬â¢s progress from Socialism to Fascism? Mussoliniââ¬â¢s disputable progress from his Socialist roots to pioneer of the Fascist Party has been puzzling to many, especially the individuals who see it as an unexpected and irregular change. Be that as it may, numerous history specialists, for example, Oââ¬â¢Brien, have proposed this progress was not all that irregular; Mussoliniââ¬â¢s political move from the Left to the Right was the aftereffect of World War One. Italyââ¬â¢s passage into the war in 1915 separated the Italian Socialist Party (PSI), which prompted Mussoliniââ¬â¢s removal and his fast political evolution.On the other hand, Gregor contends that Mussoliniââ¬â¢s hidden progressive nature was the principle explanation behind his change, as it guided his convictions to embrace different philosophies that accommodated with his longing for transformation. On the other hand, Payne contends that Nationalism finished the foundation of Fascism. This exposition will investigate these three contentions so as to comprehend whether Mussoliniââ¬â¢s progress from Socialism to Fascism was the consequence of the war, his progressive nature, or the impact of Nationalism. Oââ¬â¢Brien has contended that the advancements in the First World War guided Mussoliniââ¬â¢s political change from Socialism to Fascism.Italyââ¬â¢s intercession into the war, to Mussoliniââ¬â¢s individual involvement with the channels and the heartbreaking Battle of Caporetto all added to Mussoliniââ¬â¢s political development. Italyââ¬â¢s mediation into World War One out of 1915 connoted a vital point in Mussoliniââ¬â¢s political vocation. As a Socialist, Mussolini was relied upon to advance the nonpartisanship of Italy in the war, which he at first did. In the Socialist paper, Avanti, Mussolini pronounced that Italy ought to stay unbiased, as Italy had not begun the war, and it would forfeit many average workers lives.However, Mussoliniââ¬â¢s see on intercession before long changed (in any event publically), as he started to communicate master interventionist compositions in Avanti. In October 1914, Mussolini contended that the PSI had constantly bolstered the partners, accordingly intercession would not be modifying their convictions and that war could be viewed as an open door for upset. Moreover, he contended that lack of bias was hazardous and it would have results, especially for Italian expansionism if the Allies or Central Powers an attached area Italy wanted, for example, the Balkans. Notwithstanding, the Socialists didn't concur and 20 October 1914, Mussolini was removed from the PSI.Thus, the issue of mediation showed how Mussoliniââ¬â¢s convictions advanced from the beginning of World War One. Then again, Mussoliniââ¬â¢s evident difference in heart from neutralist to interventionist was not so much a change. In addition to the fact that interventionism was predi ctable with his progressive Socialism, he had just distributed and concurred with the syndicalist, Panunzioââ¬â¢s, genius intercession articles in his own paper, Utopia in November 1913. In any case, despite the fact that the intercession issue might not have changed Mussoliniââ¬â¢s sees essentially, he was ousted from the PSI thus, which considerably affected his convictions afterwards.Thus, mediation could be viewed as the draftsman of his political advancement. Likewise, Mussoliniââ¬â¢s individual involvement with the channels added to the improvement of his political convictions. Mussolini joined the war in August 1915, which stirred his enthusiasm. He likewise turned out to be less enemy of military. Nonetheless, Mussoliniââ¬â¢s enthusiasm has been distinguished from as right on time as 1909. During his time in Trentino, Mussolini became related with Battisti; his solid energy for Italy enlivened Mussolini.Furthermore, as a communist, Mussolini had constantly focuse d on that Socialism was against Nationalism, not the country. In any case, his feeling of national solidarity and resistance of the military were communicated during his time in the channels and spoke to an essential change in his political idea. It additionally exhibited his propensity to adjust his perspectives because of evolving conditions. The Battle of Caporetto in October 1917 hugy affected the advancement of Mussoliniââ¬â¢s political demeanor; just because he related to the Nationalist movement.Indeed, De Felice accepts that this fiasco was generally liable for Mussoliniââ¬â¢s change to Fascism. The Battle was an unexpected German and Austrian hostile on the Italian Army, which brought about the breakdown of the Italian Front and numerous passings. This was exacerbated by the Italian General Cadorna; he accused the warriors and demolished their spirit. Mussolini safeguarded the officers and needed equity. The Nationalist development had a comparative mentality. The Bat tle of Caporetto improved Mussoliniââ¬â¢s mentality towards the military and carried him closer to the Nationalist development and conservative politics.Thus, the advancements in World War One made enormous political distress at home, which modified Mussoliniââ¬â¢s political reasoning and perspectives towards communism, the military and the country. These progressions were huge in Mussoliniââ¬â¢s change to Fascism, accordingly the war played a focal job in Mussoliniââ¬â¢s political development. On the other hand, Gregor has contended that Mussoliniââ¬â¢s progress to Fascism was the aftereffect of his progressive nature, as he just embraced convictions that were consistent with his longing for revolution.This has been upheld by the possibility that Mussolini never really had a place with any ideological group. In reality, Mussoliniââ¬â¢s political convictions from his Socialist days seem, by all accounts, to be a finish of acquired belief systems from Marxism, Socia lism and progressive Syndicalism. In spite of the fact that by fifteen years old Mussolini considered himself a communist, he dismissed moderate communist thoughts of change in light of the fact that it was complying with common society and was latent. Along these lines, he was more impacted by Marxism.He loathed the bourgeoisie and conventional establishments, for example, the Catholic Church and the military, as they obviously quelled the working class. Thus, he accepted that class encounter and transformation by the low class would resolve this suppression. Mussolini contradicted Parliament, as he accepted they were too self-required to change Italy from a retrogressive State. He additionally disdained Nationalism as it obviously embraced the personal stakes of the bourgeoisie, church, military and monarchy.Thus, Mussoliniââ¬â¢s political mentality was a mix of the extreme parts of Marxism, Socialism and progressive Syndicalism, while dismissing moderate viewpoints, for exampl e, change. This backings that Mussolini was just a progressive, not focused on any one Party or belief system and this is the explanation he had the option to embrace Fascism. Then again, it might have been Mussoliniââ¬â¢s impacts (especially in his childhood) that prompted this blend of convictions, instead of his absence of dedication to any one ideology.Mack Smith accepts that Mussoliniââ¬â¢s father had the best effect on his political demeanor. His dad was an extreme communist, regularly in jail, and Mussolini invested a great deal of energy with him and his communist partners. Be that as it may, as a youngster, Mussolini turned out to be more impacted by Marx than Socialism. Besides, during his time in Switzerland in 1902, Mussolini got comfortable with progressive syndicalists, for example, Michels and LeBon(who expounded on swarm brain research; swarms evidently required legends to rouse them ) and Panunzio (who was against reforms).Thus, Mussolini was encircled by gove rnmental issues since early on, which may clarify why he was propelled by such huge numbers of various belief systems. In any case, all things considered, these impacts fortified his characteristic progressive impulses. Without a doubt, a portion of these thoughts that affected Mussolini were later found in the Fascist system, for example, fantasies around the Duce. This thusly repeats Gregorââ¬â¢s contention that Mussoliniââ¬â¢s progressive nature drove him to embrace sees that supplemented his craving for insurgency and was along these lines open to any Party that would give this, including Fascism.On the opposite, Payne has contended that Mussoliniââ¬â¢s Fascism was the aftereffect of the Nationalist development. While Mussoliniââ¬â¢s thoughts developed from Socialism, through progressive Syndicalism, Nationalism finished the change. For sure, when Mussolini was ousted from the PSI, he expected to help another person; thus went to the progressive Syndicalists who were likewise expert mediation. This showed Mussoliniââ¬â¢s inclination to change as indicated by political circumstances, and the significance of the belief systems he turned to.Indeed, the progressive Syndicalists were noteworthy, as they had matches with the Nationalist Party (ANI). These included savagery that would prompt a transformation of the classes, government and class pecking order. The two of them accepted that intercession into the war would make unrest, along these lines showing solidarity of the Left and Right. Moreover, syndicalists, for example, Michels, focused on the significance of joining the classes to ensure the Italian country. This features the component of national cognizance in Syndicalism.These covers exhibit the impact of the National development on Mussoliniââ¬â¢s advancement. By embracing progressive Syndicalism, Mussolini was basically receiving components of Nationalism, which accordingly impacted his excursion to Fascism. Then again, the fiasco a t Caporetto majorly affected Italyââ¬â¢s political circumstance and made more help for the Nationalists. It was the response of the Nationalists after Caporetto that affected Mussolini. Caporetto implied serious frustration with the present government and made national solidarity among the Italians.Cadornaââ¬â¢s accusing of the fighters made displeasure and Corradini (a lead figure in Nationalism) bel
Sunday, August 2, 2020
How Much Equity to Give to New Co-Founders and Employees
How Much Equity to Give to New Co-Founders and Employees The journey to founding and running a startup from an idea is indeed very exciting for entrepreneurs even though the process carries its own share of risks and tough decisions to make. One of the most difficult decisions you will have to make as a founder is how to distribute equity among your co-founder(s) and earliest employees. Equity negotiations can be a cause of disagreements and stress and yet, are absolutely necessary. © Shutterstock.com | LightspringWith respect to the division of equity, there is really no one-size-fits-all solution that may be cited. However, this article makes the task easier by introducing you to: 1) what compensation methods are available for new co-founders first employees, 2) some factors to help determine how much equity founders get, 3) fixing employee equity, and 4) suggestions (formulas) for distributing equity shares.WHAT COMPENSATION METHODS ARE AVAILABLE FOR NEW CO-FOUNDERS FIRST EMPLOYEESEquity shareEquity share is a term that refers to non-cash compensation in terms of company ownership. Considering the fact that executing an equity compensation program is a complicated affair, companies have to plan and utilize appropriate accounting, legal and tax advice and planning. Typically, founders get equity share in the startupâs initial period and either forego their salary or settle for a low one. Equity compensation helps to attract and keep employees in a startup environment because these companies generally are short of the initial funds to get superior employees.Stock optionsStock options are a kind of stock-based compensation (involving an agreement whereby an employee, typically a high-placed executive gets company stock instead of or in addition to cash as salary). The intention behind offering stock compensation is to provide the employee with a considerable portion of the companyâs stake, expecting this to motivate him to work harder or operate in the best interest of shareholders. If the companyâs share price increases, stock compensation can be quite lucrative for the employee.Stock options are of two types namely non-qualified stock options (NQOs) and incentive stock options (ISOs). NQOs do not give the recipient any special tax treatment and may be granted to consultants, directors and employees. ISOs are a production of the tax code. As long as a set of statutory requirements are met, the holder or recipient will get favorab le tax treatment. However, owing to this pleasing treatment, there is a limit on the availability of this stock option. Typically, no tax effect applies to the optionee when he is being vested or granted either stock option.Apart from stock options, a startup may consider other kinds of stock-based compensation such as restricted stock, California style or early exercise option, or profits interests. Whichever the kind of stock compensation opted for, it carries its own distinct set of advantages and disadvantages.Fixed salaryFixed salary is common for employees whereas equity sharing is more the norm for co-founders.Considering the future expectations of your company, managing a trade-off between the three compensation methods discussed above might just be superior to any other combination.SOME FACTORS TO HELP DETERMINE HOW MUCH EQUITY FOUNDERS GETThough the way equity is split varies with individual situation, here are some factors that are typically taken into consideration:Who c ame up with the idea?The person who came up with the original idea for the business gets a premium. His premium further increases if he is also the one who started the early development efforts and gathered together the original team. Depending on the contributions in this area, share holdings are boosted by 5 to 30 percent. An only founder gets 100 percent equity at the idea stage.Stage of the startupAs the startup grows (from idea stage through co-founder, family and friends, seed round, Series A, and IPO stages) and it gets more and more funding, the more companys equity has to be given up in return for new financing. At the same time, you as a founder or one of the founders are getting a share of a pie that keeps growing bigger with your businessâ growth.Salary or no salaryIt is not unusual for start-up founders to forego a salary or settle for a reduced salary in the initial days of a start-up. When founders forego a salary in the initial period, they typically get considerab le ownership in exchange. Some may say that foregone salary should not be made up for in terms of equity, firstly, because it is practically impossible to settle on the correct amount of equity for the sacrificed salary. Secondly, the practice can trigger certain issues with respect to tax, accounting, and withholding.RoleUsually, people with a prominent role/position in the company get a premium stake over those with a non-key role. Thus, a CTO or CEO gets a much bigger stake than for example, a graphic designer or office manager. With respect to equity sharing among co-founders, one can think in terms of the co-founderâs anticipated role in the organization on the basis of his degree of skill, capability, and the firmâs requirements. However, considering that your firmâs needs and possibly even the roles of the founders, could change considerably over time it would be wise not to base the equity distribution too much on just one skill or contribution.Nature of contributionTh e contribution of a founder could for example, include one or more of these: the idea, patents, capital, business expertise, or ongoing work. Comprehend the nature of contribution and its value and give the fair due based on contribution. For a co-founder who makes considerable capital contribution, you may consider giving them additional founder shares in return. Alternatively, you can consider distributing founder equity on the basis of the individual level of work contribution (sweat equity) from each individual. In that case, you would give a founderâs financial contributions the same treatment as you would give those of a seed investor â" by issuing series seed preferred stock or convertible debt.Money or funding (External investors)A commonly accepted formula for distributing equity within the hierarchical organization is this:In the case of a single phase of investmentsFounders: 50 to 70 percent Investors: 20 to 30 percent Option pool: 10 to 20 percentIn the case of multip le phases of investmentsFounders: 20 to 30 percent Investors: 50 to 70 percent Option pool: 10 to 20 percentWith respect to dividing equity among individual investors, a simple formula is this, if you have to raise $3 million but the investors feel the companyâs value amounts to $10 million, you should hand over 30 percent of the company to them for their money.SacrificesWhen founders contribute to the startup venture, they may be coming from any of various situations â" while some may have been close to a considerable raise, some others may have been dealing with unemployment. The earnings that a founder was used to prior to deciding to co-found could impact the extent of equity he asks for. To retain a founderâs interest, it may be necessary to suggest a more attractive offer. Part-time or full-time A part-time founder gets less equity than the one who devotes his entire time (possibly after quitting an existing job) to the venture. The reason is obvious â" he has less wei ght of risk on his shoulders and is also giving in less time and value commitment to the company. Generally, a part-timer gets under half the equity that his full-time counterpart gets.Kevin Systrom: The Equity Question FIXING EMPLOYEE EQUITYThe objective of employee equity is to make the first employees sensitive to feel an emotional ownership with your/your companyâs great idea, its gripping product and the organization you are asking them to help grow.Factors affecting employee equityThe percentage equity a hire gets depends on factors such as domain expertise, how early he joins (if he joins earlier, there is more risk and less stock), how critical the person is to the company and its funding, experience with associated ventures, whether or not he is replaceable, and connections. An equity premium may be considered if the employee is irreplaceable.How dilution affects employee equityThe percentage of equity an employee gets over time would gradually come down as more investors join and the company has to issue more stock (dilution). If, for example, an employee started off with 5 percent of equity, followed by which the company received two rounds of funding, the employeeâs stock may be reduced to two-thirds or even half the original percentage for each funding round.Hereâs a reality check. The early staff of a pre-funded startup that ultimately raises some rounds of capital can expect to endure considerable dilution, if the outcome is positive. If the outcome is less than positive, considering preferences, the employee may have to expect nothing more than whatâs necessary to keep them on the job, if thatâs required at the acquiring company.Entrepreneur Advice From Founders: How Much Equity to Give Co-Founders SUGGESTIONS (FORMULAS) FOR DISTRIBUTING EQUITY SHARESHere are some suggestions for a sample model of ownership (equity) distribution.Idea StageIf you are the sole person who came up with the idea for your business at this stage, you get to keep 100 percent.Co-founder stageIdeally, a startup should have a minimum of two founding members and no more than five partners. In this model, letâs assume that there are two co-founders. Your co-founder contributes considerable value, is doing half the work and is taking a great risk by co-founding. Though you came up with the idea, considering that your co-founder is doing so much for the business, it is only fair to give her a 50 percent share of the equity pie.If there are more co-founders, you might want to consider creating a table with the names of all the founders, the eight factors mentioned above for determining equity distribution and/or any other factors you may feel necessary. You can also consider creating a table with these five key factors alone â" idea, business plan, commitment and risk, domain expertise, and responsibilities. Attach a value (weight) to each of the factors from 1 to 10 and multiply it by the founderâs contribution to that factor to come up with an equity allocation formula.Family Friends StageWith respect to family and friends, it may be better to consider their contribution as a loan and just repay it instead of going for equity allocation.Seed RoundKey investors that figure in the seed round are angel investors. While an angel investor invests her own money in a promising venture, a venture capitalist invests money from other people. In addition, unlike venture capitalists (VCs), a lot of angel investors donât invest purely for profit. A key motivating factor for them may be the enjoyment associated with assisting a young business to succeed.Angel investorsConsider that your angel investor has a minimum of $1 million in the bank or has an annual income of $200,000. Letâs say he assumes your business is worth $1 million and decides to invest $200,000. To decide the percentage equity you should give to the angel, calculate the post-money valuation and divide the investment by this amount.Thus: post-money valuatio n= $1,000,000 + $200,000= $1,200,000Equity percentage = $200,000/$1,200,000 = 1/6 or 16.7%Early employeesA usual range for the option pool would be 15 to 20% to begin with. You can consider paying your first employees market salaries. Series AThe first VC round makes up Series A.Letâs assume that the venture capitalist puts your companyâs current value at $4 million (pre-money valuation) and decides to invest $2 million.Thus, post-money valuation= $4,000,000 + $2,000,000 = $6,000,000Equity percentage= $2,000,000/$6,000,000= 1/3 or 33 .3%Following Series A, you may continue to Series B and C. At some point, you may reach one of any three situations:Your funding is over with no investors to help and your business dies,You acquire enough funding to develop something which a bigger company desires to buy,Your progress is so good that following a number of funding rounds, you go public (Initial Public Offering or IPO).Post Series AWith respect to option pools at this stage, the media n range can be assumed at approximately 15 to 25 percent depending on the companyâs headcount requirements.Initial Public OfferingInitial Public Offering or IPO refers to a companyâs first sale of stock to the public. The majority of IPOs are offered by small companies in search of a new source of financing. Through this source of financing, a company can raise funds from millions of normal people. One of the key reasons why you could choose to go public is that the stocks you sell on the stock market can be bought by anybody. Owing to the fact that anyone can purchase the stocks, you would probably be able to see a good amount of stock without much delay compared to approaching individual investors and requesting them to invest. This makes it an easier option for acquiring money. However, an IPO is not without risk. One cannot tell how much demand would be there for the stock following its initial offering. The risk is because of the uncertainty with respect to the stockâs re sale value.The IPO stage is a cash-out day for employees who accepted stock in exchange for living with the risk of a possible startup failure, and working for low salaries.Whatever kind of math you apply to split founder equity, at the end of the day, all parties affected should be happy about the distribution. The ideal win-win situation is to create the right kind of incentive to make people continue to toil for your company without it being too much of a financial burden for you.In closing, a few last words of advice. Irrespective of the initial equity split, it may be wise to seriously think about vesting your founder shares over a minimum period of two years at least. By vesting, you would be enabling the shares to be metered out so that a partner who defects early or changes his mind, would not carry off half the company.Founders Dilemmas: Equity Splits
Saturday, May 23, 2020
Essay about Alice Walkers The Color Purple - 1442 Words
Alice Walkers The Color Purple Alice Walkers ââ¬ËThe colour purpleââ¬â¢ was largely based in a black community in the deep south of America, in between the end of the nineteenth century and the Second World War. It has been described as a rendition of her own life, thus far, I am none the wiser. Towards the end of the nineteenth century, slavery had long been abolished in America, but old habits die hard, especially in the deep south of America-where barely any politicians would set foot-, the black community was still plagued by the white manââ¬â¢s retained mannerism, although the black community had won a civil rights campaign to be considered equal to the white man, to many people the civil rights act was of no consequence, theâ⬠¦show more contentâ⬠¦The white community is portrayed by the author to be a brutal and fearful part of town. There are many references within the novel which relate to the Black mans fear and distrust of the white community, when Celie goes to town with Mr____, he leaves her on the wagon while he goes to the dry goods store (letter10), this is the letter in which Celie thinks she meets her daughter, near the end when she and Paulineââ¬â¢s mother are alone in the street, Paulineââ¬â¢s mother starts to panic and get upset when her husbands wagon is not in sight, this shows the reader that there is unrest still when in the street, or in a public place for a black person, it also shows that the white man still intimidates, this also shows that the white man still thought he remained superior to the black man in social standing, Alice Walker touches on this quite often within the novel, her representation is based on common knowledge, and her own experience of the prejudice against her and her people. Apart from the racial inequality due to the mindset of the white man, there does seem to be some sense of agreement between the white man in some respects, in letter 8, Pa is talking to Celie ant Netty about Celieââ¬â¢s education, he never looks up from cleaning his gun, until ââ¬ËPretty soon a bunch of white mens come walking cross the yardââ¬â¢, when he abruptly stands up and walks off to join them, ââ¬ËThey have guns tooââ¬â¢, this is almost quiet unity betweenShow MoreRelatedColors And Independence In Alice Walkers The Color Purple1555 Words à |à 7 Pages Alice Walkerââ¬â¢s masterpiece, The Color Purple, uses ordinary things such as clothes, colors, jobs, and money as strong symbolism. In this book, pants symbolize independence. Pants change the way society views and treats a person. They also convey that a person is strong, confident, free, and equal to others. Alice Walker shows the reader how wearing pants can have a big effect on a personââ¬â¢s life, especially if that person is a woman in the early twentieth century. From the beginning of time to lessRead MoreAnalysis Of Alice Walkers The Color Purple2079 Words à |à 9 Pages In Alice Walkers The Color Purple, she explores the thin grey line that stands between survival and living. Through her protagonist, Celie, she examines the dramatic shifts of empowerment; focusing on the young black girl in the 1850ââ¬â¢s. Walker introduces the reader to the protagonist, Celie, through a series of letters. In these letters the reader finds Celie amidst her motherââ¬â¢s death. The author chooses to address her letters to God, giving Celie a greater willpower to survive. Celieââ¬â¢s upbringingRead More Alice Walkers The Color Purple Essay2478 Words à |à 10 Pageslittle reefer on the side. These are all of the components of a novel by Alice Walker. All of these views are illustrated proficiently in Alice Walkerââ¬â¢s third novel, ââ¬Å"The Color Purple.â⬠Each one of these aspects had a lasting impression upon the ideals and notions of the time. Walkers writings helped to break the racial barrier that existed in some peoples minds. One way that the barrier was destroyed was through Walkers depiction of an imperfect black person. If a white person wrote aboutRead MoreGender Equality In Alice Walkers The Color Purple704 Words à |à 3 Pagesthe release of The Color Purple, women had already begun to eliminate gender discrimination in education, voting, sports, and in the workforce. During To Kill a Mockingbirdââ¬â¢s time, only ââ¬Å"30 percent of wives worked outside the home in 1960â⬠(ââ¬Å"Modern Americaâ⬠). This would eventually grow into ââ¬Å"50 percent by 1980â⬠(ââ¬Å"Modern Americaâ⬠), which alludes to gender bias becoming less of an issue when The Color Purple came to be. By 1980, still two years before the publication of Alice Walkerââ¬â¢s novel, ââ¬Å"more thanRead MoreThe Importance Of Love In Alice Walkers The Color Purple1522 Words à |à 7 PagesBritish poet Alfred Lord Tennyson once said, ââ¬Å"Tis better to have loved and lost than never to have loved at allâ⠬ (BrainyQuotes). This particular quote ties into Alice Walkerââ¬â¢s The Color Purple by portraying the many feelings that the main character, Celie has about love and how love impacts your life. Celie had to learn the hard way that love was not always easy and often caused heartache. Although these lessons were not always simple they ultimately helped Celie in her future success. Even thoughRead MoreEssay on Race and Class in Alice Walkers Color Purple1622 Words à |à 7 PagesEssay on Race and Class in The Color Purpleà à à à An importantà à juncture in Alice Walkers The Color Purple is reached when Celie first recovers the missing letters from her long-lost sister Nettie. This discovery not only signals the introduction of a new narrator to this epistolary novel but also begins the transformation of Celie from writer to reader. Indeed, the passage in which Celie struggles to puzzle out the markings on her first envelope from Nettie provides a concrete illustration Read MoreLanguage and Male Supremacy in Alice Walkers The Color Purple694 Words à |à 3 Pagesfeelings; it only creates problems and hurts women. Historically, Southern men in the middle 1900ââ¬â¢s, like the ones in The Color Purple, traditionally treated their wives as if they were worthless or unimportant. In her novel, The Color Purple, Alice Walker shows husbands abuse their power over their wives to escape their problems through Harpo, Mr. _____ and Grady. First, Alice Walker shows husbands abuse their power to escape their problems through Harpo. Harpo abuses his power of being the manRead MoreLife Struggles and Themes in Alice Walkers The Color Purple 2040 Words à |à 9 PagesBorn in Eatonton, Georgia, in 1944 Alice Walker was last of her eight siblings. As far as becoming author, Alice walker herself was faced with many struggles throughout her life. After a childhood accident blinded her in one eye, she went on to become valedictorian of her local school, and attend Spelman College and Sarah Lawrence College on scholarships, graduating in 1965(Janet Witalec). Her biggest turning point/ motivation was an author named Zora Neale Hurston, who made a great influence onRead More Celies Pain in Alice Walkers Color Purple Essay1473 Words à |à 6 PagesCelies Pain in The Color Purple Molestation is a topic that is painful to think about, and even more difficult to write about. Yet Alice Walker chose this as the central theme of her novel The Color Purple. Walkers work centers around a poor African American girl Celie. Celie keeps a diary, and the first section of the novel is an excerpt from her diary. After reading the excerpt, the reader comes to realize that Celie is a fourteen-year-old girl who has been molested by her father. ThroughRead MoreEssay on Struggle and Growth in Alice Walkers Color Purple836 Words à |à 4 PagesStruggle and Growth in Alice Walkers The Color Purple The Color Purple depicts the struggle and growth of Celie, an uneducated slave of the South who became a victim of racism, sexual roles, men, and social injustices, in numerous letters that she writes as a diary. Walker uses Celies uneducated grammar to help the reader perceive the pain that she thinks and feels in order to become a mature, twentieth-century woman. à à à à à à à à à à à As Celie writes to God for guidance and strength asking
Monday, May 11, 2020
Wild Blueberries Demand and Supply - Free Essay Example
Sample details Pages: 2 Words: 618 Downloads: 4 Date added: 2018/12/14 Category Marketing Essay Level High school Did you like this example? Supply and demand are the forces driving any market around the globe. Wild blueberries seem to be a crop of great importance in the US. The case of 2011 where prices charged by farmers went down by 28% is a good indicator of the forces of demand and supply. Donââ¬â¢t waste time! Our writers will create an original "Wild Blueberries Demand and Supply" essay for you Create order It is common knowledge that farmers would love to make the best out of their produce. This implies that in most cases they would consider appreciation in prices as opposed to a drop. In this case, it is open that the supply of wild blueberries went high due to a large number of farmers getting in the activity. An increase in the quantity of blueberries resulted in market flooding where customers had options regarding suppliers. Initially, Maine was the primary producer of wild blueberries within the US market and neighborhoods (Atur Kennedy, 2004). In 2011, both Canada and Maine enjoyed the massive production of Wild blueberries an element credited for the excess supply. While supply has increased, it is important to note the market or companies buying Wild Blueberries have not increased in number thus creating a situation of surplus. The situation experienced in 2011 defines the relationship between demand and supply thus obeying the low of demand and supply. The law of supply asserts that higher the price the higher the quantity supplies since supplies are geared towards making high profits from the high prices. However, it is important to note that high prices will attract new entrants into the market who will be interested in making profits. In this case, the previous positive prices attracted Canada, leading an upward trend in the supply. However, this is temporary as indicated by the reduction in prices due to increased supply while demand remains unchanged. At this point, the customer will be forced to offer low prices. As indicated by the supply curve, the higher the price, the higher the quantity supplied. However, it is necessary to note that new entrants and expansion by existing supplies (Maine and Canada) will lead to excess supply thus leading a fall in prices. Market forces of demand and supply have a way of creating a control (Adil, 2006). The excess supply will lead to low prices forcing suppliers to reduce just like in this case where farmers have reduced production due to poor prices. Just like the supply case, this will be temporary to obey the law of demand. The law of demand explains that all factors remain constant/equal; the higher the price of items the fewer customers will demand the same, low prices, on the other hand, will attract high demand. A drop demand for blueberries will see some suppliers withdraw from the market thus creating, shortage in supply which will in turn raise price of blueberries hence in supply. Demand and Supply Demand and supply shape the market, as stated before supply and demand reaches a point of equilibrium. This point when both supply and demand are at the same point s displayed by the graph below. In the case, the supply of wild blueberries and demand will be at equilibrium at a price of $2.50 per pound and 325 million pounds of blueberries. At this point, both suppliers and customers will not make huge profits, while at the same time no loses will be made. A continuation of the forces of demand and supply of blueberries is bound to create a situation of shifts and movements. In summary, market condition is temporary; the blueberry market will face movements and shifts. References Adil, J. R. (2006).?à Supply and demand. Mankato, Minn: Capstone Press. Atur, V., Kennedy, D. (2004).?à Review of electricity supply and demand in Southeast Europe. Washington, DC: World Bank. Demanded Quantityà à à 1à à à 2à à à 3à à à 4à à à 400à à à 350à à à 300à à à 250à à à Quantity Suppliedà à à 1à à à 2à à à 3à à à 4à à à 250à à à 300à à à 350à à à 400à à à Supply Supplyà à à 400à à à 350à à à 300à à à 250à à à 4à à à 3à à à 2à à à 1à à à Demandà à à 400à à à 350à à à 300à à à 250à à à 1à à à 2à à à 3à à à 4
Wednesday, May 6, 2020
Critically Evaluate the Three Theories of Personality Free Essays
Critically evaluate the three theories of personality using examples from PE and Sport. The three theories of personality are; Trait Theory, Social Learning Theory and Interactionist Theory. All three have a different perspective of how each individualââ¬â¢s personality is formed. We will write a custom essay sample on Critically Evaluate the Three Theories of Personality or any similar topic only for you Order Now Trait theory suggests that personality is made up of certain stable and enduring characteristics which stay with a person from birth and do not change. They are inherited and passed down through genes from the individuals parents. Therefore the equation for this theory is, Behaviour = function of Personality or B = F (P). One strength of trait theory is that it can be easily measured through questionnaires, quizzes, interviews etc. The most well known questionnaire for trait theory is one designed by Eysenk. The questionnaire allowed Eysenk to calculate a number for the individual which he would then plot onto a graph and be able to label them into two dimensions; extrovert/introvert and neurotic/stable. However, this theory does not take into account the influence of the environment on personality. This theory can be put into context when looking at extroverts and introverts in sports. Extroverts tend to play in team sports, where they can be sociable, lively and are able to take some leadership. However, introverts generally prefer to take part in individual sports as they are more unsociable, shy and nervous. Social Learning Theory implies that personality is simply formed through life experiences and environmental influences. Therefore the equation for this is Behaviour = Function of personality (environment) or B=F(E). The fact that this theory, unlike Trait theory, takes into consideration the effect of the environment gives it an entirely different perspective. Despite this, the theory doesnââ¬â¢t give any thought to inherent traits and therefore is relatively simplistic as personality seems to all be down to the environment and a personââ¬â¢s experiences. To put this theory into context, an example may be that a person who surfs might surf purely because they grew up by the coast. This shows the environment has had an effect on their choice of sport to take part in. The Interactionist Theory is the final theory of the three. It suggests that personality is formed through a combination of traits from birth e. g. funny and then these traits are developed and enhanced through life experiences. The equation therefore being B = F (PE). This theory is somewhat just a mix of both Trait theory and Social Learning theory to produce a new theory which contains aspects of both of these. It is this that makes it the most widely accepted theory used to explain behaviour in sport. Interactionist theory can be seen in sport when someone acts out of character to what they usually would. For example David Beckham, who is known for his gentle and shy nature, lashed out in a game against Argentina and received a red card for his actions. David Beckham does not typically react like this, and so we can see that his traits were heavily influenced upon by the environment which in this case was an opposing player. To conclude, all three theories are based on different perceptions and all come with their own strengths and weaknesses. The fact that they are theories reminds us that there isnââ¬â¢t one that is deemed to be correct, and that it is down to opinion to which one you choose to believe. How to cite Critically Evaluate the Three Theories of Personality, Papers
Thursday, April 30, 2020
Romeo And Juliet By William Shakespeare Essays (939 words)
Romeo And Juliet By William Shakespeare Time and Fate in Romeo and Juliet Romeo and Juliet, said to be one of the most famous love stories of all times, is a play anchored on time and fate. Some actions are believed to occur by chance or by destiny. The timing of each action influences the outcome of the play. While some events are of less significance, some are crucial to the development of this tragedy. The substantial events that inspire the conclusion of Romeo and Juliet are; the Capulet ball, the quarrel experienced by Tybalt and Romeo, and Friar John's plague. A servant to Capulet, who is incapable of reading the list of guests, asks for Romeo's assistance. Romeo notices that Rosaline, his lover, is among these names. Benvolio challenges Romeo to compare her with other beauties. Benvolio predicts, Compare her face with some that I shall show,/ And I will make thee think thy swan a crow. (I, ii, l 86-87) To show his appreciation, the servant asks for Romeo's presence at the ball. Romeo should have considered the servant's warning; if Romeo occupies the name of Montague, he shall not be permitted. Once at the ball, Romeo is searching for a maiden to substitute the unrequited love of Rosaline. Romeo happens to gaze upon Juliet, who charms Romeo. Romeo proclaims, Did my heart love till now? Forswear it, sight!/ For ne'er saw true beauty till this night. (I, v, l 52-53) Since Romeo declares his love for Juliet, she feels the attraction also. They believe that they are in love and must marry. However, it is a genuine coincidence that Romeo and Juliet were at the same place, at the same time. Some days after the ball, Benvolio and Mercutio are conversing, in regard to the quarrelsome weather. Benvolio declares, The day is hot, the Capulets abroad,/ And if we meet we shall not ?scape a brawl,/ For now these got days is the mad blood stirring. (III, i, l 2-4) At this point, Tybalt, who has challenged Romeo because of his appearance at the masquerade, enters, seeking Romeo. On Romeo's behalf, Mercutio struggles with Tybalt, while Romeo, who is filled with love for his new cousin, tries to end their boldness. Before escaping, Tybalt plunges his sword into Mercutio, causing death to fall upon him. Mercutio blames Romeo and the feud for his fate. Romeo kills Tybalt, who taunts Romeo, upon his return. Romeo fears he will be condemned to death if he does not flee before the arrival of the Prince. Benvolio recalls the events that have happened, with some embellishment. The Prince declares: And for that offence/ Immediately we do exile him hence./ I hav an in your hate's proceeding,/ My blood for your rude brawls doth lie a-bleeding;/ But I'll amerce you with so strong a fine/ That you shall repent the loss of mine./ I will be deaf to pleading and excuses;/ Nor tears nor prayers shall purchase out abuses;/ Therefore use none. Let Romeo hence in haste,/ Else, when he's found, that hour is his last./ Bear hence this body and attend our will./ Mercy but murders, pardoning those that kill. (III, i, l 185-195) Due to the disturbance of Verona's street and the losses of Tybalt and Mercutio, the Prince must penalize Romeo. However, the Prince agrees that Romeo was acting in self defense. Juliet, who desires not to wed Paris, asks for Friar Laurence's assistance. The day before the wedding, Juliet is to drink the poison, which will make her appear to be dead. In forty two hours she shall awake, with Romeo by her side. Romeo will then bring her to Mantua with him. In the meantime Friar Laurence will convey a message to Romeo in Mantua, telling him the plot. When she gains consciousness, Romeo and Friar Laurence will be there. Friar Laurence says, Shall Romeo by my letters know our drift,/ And hither shall he come; and he and I/ Will watch thy waking (IV, i, l 114-116) Following Juliet's intake of the poison, Romeo is anticipating news from Verona. Balthasar, a servant to Romeo, tells Romeo that Juliet has passed on. Romeo, who is told there are no
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