peHUB First Read

* David Cowan of Bessemer Venture Partners: When failure is an option. * Dave Callaway: 10 reasons why the worst of the financial crisis is behind us, and why investors should still be scared. * You a Silicon Valley entrepreneur in search of seed funding? Maybe you should drop by First Round Capital, which this afternoon is holding San Francisco office hours. * Morning Call: U.S. futures point higher, London opens flat, European stocks rise, the Nikkei tops 10k (yes, that rhymes) and Chinese stocks slip on IPO worrries. * Zipcar is planning to go public next year. * Mini Mini Madoff: Financial planner Matthew Weitzman accused of stealing around $6 million from his clients, who include NY Times personal finance columnist Ron Leiber.