It’s really easy to find information about raising money from angel investors or VCs, but many people neglect another important way to fund your startup: raising money from family and friends. There are pros and cons to raising money from family and friends, but for your first round (especially in your first company), I think [...]
Raising Money from Family and Friends
November 2nd, 2009 · 4 Comments · Entrepreneurship
Tags:Entrepreneurship·ExchangeHut·finance·fraud·innovation·startups
October Book Reviews
October 29th, 2009 · No Comments · Books
I only had time to read two books in October, but they were both interesting and well worth my time. One was fiction and one was non-fiction. Check out my reviews from past months here. SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance – Steven Levitt and Steven Dubner. [...]
Tags:Book Reviews·economics·finance·government·politics·Technology
The Slow Death of the Reserve Currency
October 7th, 2009 · No Comments · Political Science & Economics
It stared with leaders like Hugo Chavez, Mahmood Ahamdinejad and Saddam Hussein who wear their anti-Americanism as a badge of honor. Next, it was the developing countries who generally liked the US but felt they were not getting a fair shake. Next was Russia and India. Then came China, America’s largest trading partner and largest [...]
Tags:economics·finance·innovation·Political Science & Economics·politics
It’s the Leverage, Stupid!
July 9th, 2009 · 2 Comments · Political Science & Economics
With the stock market looking toppy and the unemployment rate still on the rise, the “green shoots” are starting to look rather brown (or more like a mirage) and some are calling for a second stimulus. For now, leave the ridiculous fact that only a tiny percentage of first stimulus has been spent so far [...]
Tags:economics·finance·government·politics
Enron Documentary is Incredibly Interesting
June 28th, 2009 · No Comments · Books
I just watched The Smartest Guys in the Room, a documentary about the rise and fall of Enron. I have a special interest in Enron, as I margined my entire stock portfolio and shorted it in my 10th grade mock stock competition for a few days, but relented to my partners advice that it couldn’t [...]
Tags:finance·fraud·government
Is the Dollar America’s Achilles Heel?
April 13th, 2009 · 9 Comments · Political Science & Economics
“…the US government has a technology, called a printing press (or, today, it’s electronic equivalent) that allows it to produce as many US dollars as it wishes at essentially no cost. By increasing the number of US dollars in circulation, or even by credibly threatening to do so, the US government can also reduce the [...]