Breivik killed 92 people. And that is a horrible, terribly sad atrocity. But what is coming could even be worse and that is that Breivik is about to get a global platform to promote hatred: his trial.
What we know about terrorism is that terrorists don’t need to win elections. They don’t need to form a coalition governments or win by a majority. Terrorists win when they recruit an incredibly small amount of like minded people to commit similar atrocities. Think of how few people it took to undertake the mass murders of 9/11, of March 11 in Madrid, of July 7 in London. So while the vast majority of the population of Europe will be horrified by Breivik, Breivik is not targeting them. He is targeting the tiny minority who thinks like him, who thinks that the socialists governments of Europe are destroying the ethnic purity of Europe and whatever other neonazi theories that he has. And if we give him a global media platform he will get those few new terrorist recruits. Breivik’s trial itself is a bigger danger than Breivik. It is the trial Bin Laden did not get.
Breivik deserves a fair trial. But not the publicity he seeks. I hope the whole procedures take place without TV cameras in the court house.
Do you live in a culture in which people believe it is fine to occasionally scare children with things like this so they behave? I know in Germany there are also characters that are meant to scare children into good behavior, like a bad Santa helper that punishes bad kids, Knecht Ruprecht, or long nailed Struwwelpeter. We don’t have those scary characters in Latin cultures, nor in USA.
When my Leo misbehaves I say “only good boys get to play with the iPad” 🙂
You can see other frightening illustrations from Norwegian children’s books here.
Today, 21 European early-stage VC firms released a standard term sheet they will use as guideline for their future investments (actually they released 2 term sheets – one for “general use” and another designed to facilitate the EIS tax relief for investments in small private companies). Both docs were drafted for the UK market, but the general idea should be the same in most countries. Especially first-time entrepreneurs in Europe without much experience in dealing with investors can benefit greatly from this document. While the terms will still be adjusted as required for each transaction, these general guidelines give entrepreneurs a good idea of what is considered “common practice” in a term sheet. This will also help to reduce legal costs and speed up the whole investment process.
Of course not all start-ups will end up winning. Some might have been able to negotiate more favorable terms if the SeedSummit term sheet had not been published. But the positive effects will surely far outweigh such drawbacks (TechCrunch readers seem to agree – so far almost entirely positive comments). Even with all the information available on the web about term sheets, there are still many entrepreneurs out there who have no clue of what should and should not be included in a term sheet. Even top MBA candidates have this problem, as I observe frequently among my students at IE.
As with most innovation in the European VC sector, this move comes more than a year later than the US Series Seed documents, which were adopted in March 2010 by a group of prominent US seed investors, such as SV Angel (Ron Conway), First Round Capital, Mike Maples, and others. But better late than never!