July 2010
6 posts
2 tags
Citigroup May Move Traders to Hedge Funds for... →
The essence of Goodhart’s Law is at play here. Financial innovation will always be one step ahead of financial regulation. Let’s put that statement into context: Once you start measuring GDP as a way of gauging social welfare, people will start to figure out ways to make GDP go up without improving social welfare (say, by swapping dirty financial derivatives). Once Google starts...
Jul 29th
2 tags
Jul 29th
2 tags
Venture Capital Or Angel Investment? →
Here’s something that they don’t teach you in business school. Fred Wilson from Union Square Ventures answers the question: When should you take on angel investment versus early-stage venture capital? A company without a product in the market is a very risky proposition. Some VC firms will invest at this stage but I am not sure its entirely appropriate for VCs to invest at this...
Jul 26th
2 tags
Jul 25th
2 tags
In Defense of Videophilia →
Earlier this week, Gizmodo accurately portrayed the sad state that Hi-Fi audio is in. Unfortunately, they failed to explore any possible causes of this. Here is why I think Hi-Fi audio cannot compete with HD TVs. In the 1970s Richard Bandler and John Grinder, the founders of Neuro-Linguistic Programming, noticed in their early work with clients that people could be roughly divided into three...
Jul 15th
2 tags
In Terms of Brand Name Preservation, Apple Must... →
In 1982 Johnson & Johnson recalled over 31 million bottles of Tylenol products at a cost of $100 million after a mere 7 bottles were found to have been tampered with. In terms of cost, the recall was very expensive, however, it was necessary to preserve the Tylenol brand. Apple is in a similar situation, a corporate crisis. They can either admit guilt and recall every iPhone 4 that they have...
Jul 15th