i question any candidate spending that kind of money when the country is in financial crisis. - Tony Kanzia
@AnnoyingNoah Did Soros give $100 to each of the millions of households contributing to Obama's campaign? No. No he didn't. - Jason Carreira
@Tony people like me sent him the money to spend on the campaign. I'm fine with him spending my money. For one thing, he's putting money into the economy, for another this is exactly what we wanted him to do, totally dominate and win big. - Jason Carreira
If this were a business, and investors gave money to obtain a goal, and you knew that spending on this medium in the last month would help reach that goal, you'd do it. In fact, you'd be doing your investors a disservice by not doing so. Winning is akin to profitability. Spend it Obama. - AJ Kohn
@Tony - what'd you prefer he do? Put his campaign contributions in to the social security fund? The dollars were designated for campaigning, so not sure what else he should do w/ them :P - Patrick Lightbody
I love how the Republicans started to whine about money when Democrats have more money for a change. - berkay
yes spending all that money on negative ads - money well spent. and don't forget advertising on xbox. the government should put limits on this kind of spending. - Tony Kanzia
Haha... negative POLICY ads are not the same as the dirty smear campaign McCain has been running. - Jason Carreira
Tony, the government *does* put limits on that kind of spending. Each American can donate a maximum of $2300 to any presidential candidate after nomination. Of course a candidate is going to use the money contributed to their campaign before the election. What's the scandal here, that people are contributing money to their candidate of choice? - Kevin Fox
@Tony: The last third-party analysis of ads showed Obama running about 38% negative and McCain 100%. Regarding xbox, so you're against advertising in new mediums? By that logic we'd still only be reading about these campaigns, no radio, no television, no Internet. - AJ Kohn
What everyone seems to forget is that, while it seems a huge waste of money, it's still pumping money into the economy at a time when people are pulling their money out of banks and mutual funds and stuffing it under their mattresses. It's also helpful to note that a huge amount of Obama's fundraising was donated by the little people like me, chipping in $25 or so, not people giving thousands. - Cyndy
i love how these arguments always break down to republican democrat. its always has to be us vs them. it cant just be this is an issue across the bored. Yeah paying ABC and Comcast to run these ads is really helping the economy. the candidates are still running ads I don't watch - the economy must be getting better. come on. - Tony Kanzia
this election is bought. Obama has taken the money he had... invested it. took your money and furthered his coffers. before you start attacking me and calling me a conspiracy theorist: I don't think Soros is bad. Soros follows the rules but he is in this for himself. He puts money into PR and when the economy he invests in becomes unsustainable he will run with his investment. Main Street can't afford to be victimized by his guilt. We need to learn from what happened in South East Asia - AnotherⓃⓄⒶⒽ
When you think about it in relative terms, it's not much money. It would take 550 years of spending at that rate to equal the financial bailout. We spend more in Iraq in two days than all the 2008 presidential campaigns spent combined. - Kevin Fox
"management should not be the ones "crushed" if crushing is indeed happening
it should be the investors in the prior rounds
management needs to have a stake in the business and be aligned with the investors
but we are getting ahead of ourselves here as i have not seen any "crushing" financings yet" - Fred Wilson
"So true. Which is why we try so hard to use overly conservative valuation models. We'd rather mark up less than have to mark down later. We always end up arguing about our valuations with our auditors who want them to be higher. Its a strange situation when the auditor is pushing us to be more agressive" - Fred Wilson