Why The Microhoo deal is good for startups

 
I wasn’t sure I wanted to get caught up in the hype surrounding Microsoft and Yahoo, because to be honest, I don’t think the DOJ will let the deal go through.  That being said, there is one issue that needs to be addressed.  And that’s why the Microhoo deal will ultimately be better for the [...]

Drinking the Kool-Aid

No, I don’t mean to reference to LSD (although I hear that’s pretty fun), but instead to getting ahead of yourself.  As an entreprenuer, it’s important to be passionate about your idea.  99% of people will doubt you and the only motivator you’ll have is yourself.  That being said, it’s extremely important to be dynamic [...]

How much equity to give partners or investors?

 
I hear this question pretty often from fellow entrepreneurs.  “How much equity should I give my partner?  He’s asking for too much I think.  I don’t know what to do”.  Well the simple explanation is that the amount of equity you give should directly equal the amount of value that person contributes.  In fact, it [...]

Hyperrealism

So I was browsing Deputy Dog and came by “9 artists that will blow your mind”. And seriously, they will. I mean, it’s mindboggling stuff. I actually had to look it up to make sure it was real. Here are a few I particularly enjoyed:
duane hanson [sculptor, 1925 - 1996]

ron [...]

Is Techcrunch down?

It looks as if Techcrunch is down. Stop wasting all the money on hookers and blow Mike. Go and pay your bills!
EDIT: It looks as if Mike paid his bills.

In case it wasn’t clear enough

 
In case you didn’t already realize that Facebook isn’t worth the equivalent of General Motors in terms of market cap, their recently leaked finances should put things into perspective:
2007 Revenue: $150 Million
2008 Revenue (projected): $300-$350 Million
2008 Capital Expenditures: $200 Million
2008 EBITDA: $50 Million
2008 Cash Flow (EBITDA- CapEx) = (-) $150 Million
Zuckerberg’s going for broke with [...]

When will the music industry just figure it out?

We want free DRM-less music. Now. If you don’t give it to us, we’re just gonna steal it.
I mean, I don’t understand these guys. They spend $1,000,000 on a launch marketing plan and a)don’t coordinate the deal with the execs at the labels and b)think that DRM’ed music will really sell. [...]

Why the Tech Sector doesn’t have to worry about a Recession

So the market is crashing, your house is worth nothing, your income is equivalent to the minimum wage in Canada, and you’re worried about what’s next. Well, don’t fear! Start a website!
Erick Schonfeld at Techcrunch predicts that a drop in corporate spending will actually benefit Web 2.0 companies. Erick says
“While a belt-tightening might [...]

Are you a Fundamentalist or are you Curious?

To preface, you need to watch Seth Godin’s quick interview on being curious.
Seth Godin – Curiousity (my embed isn’t working, sorry)
Now personally, I’d like to think I’m curious, primarily because I have no real faith system to look towards and so anything I’m told, I look to explore before I accept it. Also, this video [...]

Why Wikipedia Rocks and Schools Need to Catch Up

So yeah, Wikipedia rocks. I don’t think there is a site I use to grab more information than Wikipedia. And I absolutely detest when people diminish it to an encyclopedia written by 12 year olds. The concept behind Wikipedia is that if there are 12 year olds writing content, there will be [...]