scaper
Groupon and Netflix
Two predictions for trends for 2011 and beyond. This will be the DIY ( DO It yourelf) time in the corporate world…. as a result 1) netflix will become increasingly irrelevant 2) Groupon should cease to exist ( that 6 billion will be looking rather nice in a year from now..) been thinking about this for a while and will write more… for now just wanted to get that off my mind …
read moreScanners vs Patdowns Easy Solution
Don’t know what the big deal is regarding this planned patdown protest : Just make two lines: Scanner line and Patdown line…. watch how quickly this protest ends when the anti-patters see the long line….
read moreNovember Meeting
We are pleased to announce that on Monday, November 22nd at 5PM a Tri State Ventures Angel group meeting will take place. The meeting is open only to active accredited investors. Angels can RSVP online for the meeting by clicking here. We look forward to greeting each of you at the meeting. Dinner and networking are at 5:00 PM followed by company presentations. Please stay tuned for further information on presenting companies....
read moreMichael Arrington’s Manners
There is a prevailing lack of formality in general in tech and start up companies- as if the old rules don’t work— and many times they do not. But, there are certain things about the “old rules” that do make sense. One of them is the civility in language and discourse in the business environment. Although I am not one to ever use the “F- bomb”, I have found myself surrounded by people who do on a regular basis- I am not talking about using it in a fit of anger or frustration-I am talking about using it in...
read moreGoldman Sachs and Disclosure
I wonder how our politicians would look if the level of disclosure they “expect” from Goldman on it’s deals would be the same level required on every single bill they passed or every single event they held. A full list of all the special interest groups that would benefit from each Bill or how about a list of donors that would gain from any of the politicians’ actions… I would love to see that. Full disclosure of anyone benefiting from any proposed bill. That, my friends would be “change”..
read moreLos Sons
Politics and sports should not be connected, it takes the fun out of the game. It’s one thing to make a statement before the game such as wearing Los Suns warm up clothing. But, why must the fan who just wants to watch sports and take his mind off the world and the problems in the world need to have politics in his face the entire game? Sure, its important to make a statement (agree or disagree with the policy) but there is a right time and place for all things…leave sports out of this. Also, a note to all intellectual sports...
read morePolitical Capital: Thompson outspends Bloomberg
It’s kind of ironic- Bloomberg of NYC spends 100 million dollars of his own money-taking little or no money from outside interests. The media makes sure to point this out – But yet which is better ?- spending 100 million of your own money or spending 5-7 million of someone elses money- . No one seems to get the point. So even though Thompson spent much less money overall then Bloomberg – Thompson spent other peoples money ( including yours- from matching funds) and could be influenced ( like almost all politicians) by that...
read moreCIT. Canadians win- Taxpayers Lose
For some odd reason ( see “clueless guy” above) the government chose ( I say “chose” because I am pretty certain that in Dec 08 the government had their choice of whatever deal they wanted) Preferred shares as opposed to notes. They were very careful ( and I am sure they patted themselves on the back for this) to make sure that their shares were ” pari passu with or senior to all other series or classes of Preferred Stock,” ( quoting from the 8k in Dec 08...
read moreCIT Deal- Govt Clueless Guy on other side of the table…
Is is astounding beyond belief that the Taxpayers will lose their entire position in CIT. Have you ever been in a deal where you realized after one meeting that the other side of the table had no clue what they were doing and that this deal was going to be a slam dunk in your favor. Maybe it was a meeting with scientists who thought they were businessmen or with salespeople who thought they knew how to sell a deal. It has happened to most of us. Walking out of the room the feeling of “this guy really has no clue- how could have he even...
read moreCash for Clunkers Affects Lower Income Used Car Buyers Most.
basically consumer gets paid to destroy fully usable cars – and buy a new one to replace it. So how about destroying all TVs that were brought before 2009 and buying new ones .. OR maybe all computers built before June 2009. Are we crazy ? what are we doing here. Simple waste. So consumer pays 10k for used volvo 3 years ago. Still perfectly usable. worth maybe $2000 in a trade in. SO instead of trading in and keeping the car available for other used car buyers to buy at lets say $3000, we destroy the car. Down the line the...
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