Feeding Frenzy for Private Equity about to turn bad
I can't write with the eloquence of bonddad or Jerome a Paris, but when I read this I immediately thought it needed to be brought to everyone's attention who is concerned about how wealth is being...
View ArticleShould Green Venture Capital Go After Brown Oil?
Green Energy Enthusiasts Are Also Betting on Fossil FuelsBy MATT RICHTEL Published: March 16, 2007 http://www.nytimes.com/...The Times "Dealbook" newsletter introduced the article this way:Silicon...
View ArticleGore is not running in 2008
Many of us have been piqued by the idea that Al Gore might throw his hat in the ring for President in 2008. He hasn't made a specific announcement one way or another about it yet, but a small item that...
View ArticleGore Joins Google--Yahoo! Buy Apple
I told you so. Gore is NOT going for president, rather he is going for venture capitalist whole hog instead.Gore as venture capitalistThe technology mentioned in the title are stock I have an interest...
View ArticleThe increasing march toward corporatism, on all sides
So instead of running for us, Al's chosen to run with the VCs.The more I thought about it, the worse I felt. I was stunned to read only two diaries here on Kos, and relatively few comments, about the...
View ArticleNeed funding for your tech start-up? Call the CIA!
Well here's something that was new to me. Just when I thought I'd heard everything ....Turns out the CIA, worried that it was going to get behind-the-times as far as technology goes, decided that the...
View ArticleMcCain's Assault on Batteries
Sen. John McCain's recent proposal to establish a $300 Million prize competition to develop a new battery package for electric vehicles is actually a lot worse than it looks. This light bit of...
View ArticleEconomy, clean-tech and jobs
Bailout not withstanding the economy is clearly in recession, probably globally. Auto sales are down 15-30% and soaring job losses - 159,000 non-farm payroll jobs lost nationally in September. It's...
View ArticleHow would YOU save Detroit?
We are a community of do-ers. A community of well-educated and plugged in people with good ideas for policy and countless hours spent in the trenches learning the minutiae of law and regulation. We...
View ArticleHow to Really Spur Innovation (Or Why You Shouldn't Listen to Venture...
This piece, cross posted from theBreakthrough Institute, is part of our ongoing "Breakthrough Special Innovation Issue,"in which we asked technology and energy experts about how to best encourage...
View ArticleObama. Inc. Worth Waiting For
The administration has created one of the largest venture capital entities on the planet, but it will take time for it to create jobs.
View ArticleVillage Capital to working poor: "Drop you $75,000!"
West Coast Village Capital in San Francisco have an unusual pitch for a venture capital firm:"If you have a business idea to help improve the world, we're interested."But then, they operate in the...
View ArticleInnovation isn't profitable enough for the plutocrats
If you're looking for innovation by American companies to save us, don't hold your breath. Sure there are innovators and companies started by them. The problem is that they are not instantly...
View ArticleGhoulish or pragmatic proposal for solving America's debt crisis
No doubt Congress is floundering to find a way out of this horrible debacle of a debate about the the debt ceiling. The Repugs "cut, cap, and balance" draconian measure to cut spending will not pass...
View ArticleThey're not about Job Creation, they're about Wealth Creation
Hearing Andrea Mitchell opine about Romney's Venture Capitalism problem -- or "Vulture Capitalism" -- in quotes as she puts it, is a cringe-worthy apologetic if I ever heard one.Andrea calls the...
View ArticleBain isn't a venture capital firm, despite Romney's pretenses
Mitt Romney's Bain Capital has been labelled, correctly, as "vulture capitalism." But that makes us think, wrongly, that Bain Capital was mostly engaged in venture capitalism. Don't fall into that...
View ArticleEmblematic of 1 Percenters, Cooper Tire Punk’d Workers
Corporations are punking Americans. Corporate executives, the 1 percenters, slash workers’ pay, then give themselves big bonuses. CEOs tell mayors and governors their businesses are in such dire shape...
View ArticleWhat is private equity and what is a leveraged buyout?
cross-posted at Minnesota Progressive ProjectThere might be one positive to Mitt Romney's candidacy, besides Obama getting to run against the best choice of opponent when income inequality and unfair...
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Losing the messaging fight on private equity
cross-posted on MN Progressive ProjectWe're losing the messaging fight to the Republicans over the term "private equity". It's partly the same mistake Democrats, at least national elected officials and...
View ArticleDEMO 2012 Demonstrates Value of Keeping California High Tech Free to Innovate
Anyone needing reassurance that California hasn’t lost any of its high tech luster should have stopped by the DEMO Fall 2012 conference last week in Santa Clara. DEMO attracted 77 ambitious tech...
View ArticleHospital Takeovers - Private Equity & Venture Capital Firms Are Buying Up...
How can this end well, as value is stripped from hospitals to pay huge debt, consulting fees, and huge bonuses to hospital administrators?If you are interested in following Layoffs around the country,...
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NJ-Sen: Cory Booker (D) To Officially Announce His Campaign For Senate After...
On Thursday, Senator Carl Levin (D. MI) announced his retirement yesterday and we are still waiting on Senator Tim Johnson's (D. SD) decision whether to retire or run for a fourth term. But there's...
View ArticleOver $2 Trillion in Corporate Bankruptcies
Just in the past 25 years alone, there were over $2.22 trillion in corporate bankruptcies --- and that's just for U.S. corporations filing for $10 billion or more (If you care to peruse the data at...
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Entrepreneurs & Venture Capitalists: Line Up for Your Cash Cow Charter School...
Does anyone have a problem with Venture Capitalists, Charter Schools, and Entrepreneurs all being in the same sentence? You should.Yes, the $Billionaires are lining up to invest in Charter Schools and...
View ArticleOf Course Tech Incubators Should Seek Out Minorities
Amidst all of the Paul Graham fun from the last few days (Graham says he was misquoted and lied to about the purpose of the interview. Reading the full transcript, I don't think the substance of his...
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True Peer-to-Peer Rideshare Now a Reality
Larry Downes and Paul Nunes, authors of the seminal book Big Bang Disruption, which details how to strategically navigate our digital world, wrote that every industry is ripe for disruption, even an...
View ArticleWhen Andreessen Talks, People Listen
Marc Andreessen, the biggest name in venture capital, has been on a roll lately lighting up Twitter and blogging like never before.Andreessen, the founder of Netscape, has achieved cult-like status in...
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Danny Boice Speeks Up
Danny Boice is the Founder and CTO of Speek, a startup “dedicated to bringing you super simple conference calling with no dial-ins, pins or downloads.” I started using Speek last summer, just a few...
View ArticleControversial Theranos founder is hosting a Clinton campaign fund-raiser...
Elizabeth Holmes is the 32 year old founder of Theranos Inc, a venture capital darling that was once valued at $9 billion:Her wealth and fame rest almost entirely on a simple but nonetheless...
View ArticleThe tech industry's problem with funding black women founders (it doesn't do it)
Black women are used to being invisible. And yet, we continue to forge ahead in many sectors of industry across the country, despite being ignored and left behind by funders. One such industry is...
View ArticleThere’s no mystery to achieving transparent pricing and lower costs for U.S....
Health industry stocks plunged on Tuesday with word that corporate powerhouses Amazon, J.P. Morgan, and Berkshire Hathaway were partnering to create a new, nonprofit company to “focus on technological...
View ArticleVenture Adaptation: Jupiter Intel and the Emerging Business of Climate Change
In episode 67 of America Adapts, Doug Parsons talks with Rich Sorkin, CEO and Co-Founder of Jupiter Intel. Rich shares the history of Jupiter Intel as a silicon valley start up and his short and long...
View ArticleCartoon: Freedom-From-Woke Bank
xVimeo VideoSomehow, right-wingers were able to turn news of a bank failure (or two) into a conversation about “wokeness.”As you’ve probably heard by now, a combination of too many treasury bonds,...
View ArticleCartoon: Silicon Valley bailout package contents
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View ArticleGreat article from the Guardian on Forbes 30 under 30 recipients and the law
The Guardian had an article yesterday here with the headline:30 under 30-year sentences: why so many of Forbes’ young heroes face jailThe litany is compelling, Charlie Javice,Sam Bankman-Fried, Martin...
View ArticleDear Fellow Tech Nerds Please Stop Being Stupid; Or Not Everything Is...
Lincoln Michel has written about a fiction analytics site called Prosecraft and just typing that sentence makes me want to cry in frustration. Please, my fellow tech nerds, please, I am begging you,...
View ArticleCartoon: Why U.S. Health Care Is Such A Terrible System
This one is graphically simple, but I’m happy with how it looks. Drawing silly looking people is always fun.I’ll post a transcript in the comments.We can keep creating these cartoons because hundreds...
View ArticleWhat do you call tech billionaires who back Trump? Fascists. You call them...
Here's a new CNN story about Silicon Valley billionaire's newly emphatic embrace of the coup-attempting convicted felon Donald Trump, and it's positively enraging because it continues to peddle the...
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