Ten Years, 10 Disruptors - Forbes.com
Ten Years, 10 Disruptors
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This site is more about what I read and a place for my friends to get a gist of what I read. I am interested in Technology, Venture capital, Finance, and real estate and emerging markets.
Ten Years, 10 Disruptors
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Posted by Vijaychandran Veerachandran at 8:03 AM
The Stupidest Business Decisions in History.
Beatles, Hershey and others read here
Posted by Vijaychandran Veerachandran at 7:59 AM
I have plenty of opinions about business models, but to me, the best business model is one that makes your customer money.
Posted by Vijaychandran Veerachandran at 12:16 PM
Google's founders were willing to sell early on.
They just wanted more than acquirers were willing to pay.
It was the same with Facebook. They would have sold, but Yahoo blew it
by offering too little.
Tip for acquirers: when a startup turns you down, consider raising
your offer, because there's a good chance the outrageous price they
want will later seem a bargain.
Posted by Vijaychandran Veerachandran at 7:22 AM
``We're going to continue to grow very fast overseas. We'll grow less fast'' in the U.S., he said.
Posted by Vijaychandran Veerachandran at 6:37 AM
State Street's profit rises 69%, beats expectations
MarketWatch
Last update: 8:56 a.m. EDT April 15, 2008
State Street Corp. reported on Tuesday that first-quarter net income rose 69% and that amid the turmoil in the markets, it expects to hit the middle of the ranges of its earnings estimates for the full year.
Posted by Vijaychandran Veerachandran at 6:20 AM
Traders, Balls and Testosterone
It's true: Traders with bigger balls do better, at least as evidenced by this study of testosterone levels in London traders:
Little is known about the role of the endocrine system in financial risk taking. Here, we report the findings of a study in which we sampled, under real working conditions, endogenous steroids from a group of male traders in the City of London. We found that a trader's morning testosterone level predicts his day's profitability. We also found that a trader's cortisol rises with both the variance of his trading results and the volatility of the market. Our results suggest that higher testosterone may contribute to economic return, whereas cortisol is increased by risk. Our results point to a further possibility: testosterone and cortisol are known to have cognitive and behavioral effects, so if the acutely elevated steroids we observed were to persist or increase as volatility rises, they may shift risk preferences and even affect a trader's ability to engage in rational choice.
You mean like they might go nuts and tear up the joint? Fine, but as long it's after quarter end, but before bonuses are paid.
Posted by Vijaychandran Veerachandran at 7:44 PM
There is also conventional wisdom that says if a company is not yet successful but the promoter is very confident, it is a venture capital investment, but if the reverse is true — if a company is successful but the promoter is not that confident and wants to either restructure using LBO or wants to exit — it is for sure a private equity investment.
Posted by Vijaychandran Veerachandran at 10:45 AM
Goldman's Illiquid Assets Increase.
Posted by Vijaychandran Veerachandran at 9:36 AM
``If he doesn't win, it's viewed as a bad week,'' said Jim Furyk, the 2003 U.S. Open champion. ``For the rest of us, if we win two or three times in a year, we've had a great year.''
Posted by Vijaychandran Veerachandran at 9:30 AM