Archive | April, 2009

The Roundup April 30

A hard ending maketh a good beginning. But the president also criticized a group of investment firms and hedge funds that did not agree to a $2.25 billion cash offer to cancel $6.9 billion in Chrysler’s debt, saying they were holding out “for the prospect of an unjustified taxpayer-funded bailout.” Chrysler’s main task in bankruptcy [...]

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The Roundup April 29

The Roundup April 29

100 Days From 40 to 60 percent of the presidential office is not in administration but in morals, politics, and spiritual leadership. He has to guide a people in the greatest adventure ever undertaken on the planet. William Allen White

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The Top 10 Facebook Apps for Entrepreneurs and Small Businesses

The Top 10 Facebook Apps for Entrepreneurs and Small Businesses

Ever since Facebook released its API (this is why you should care), all us dedicated Facebookers have been deluged with oceans of the most trivial time-wasters (which species of fungus are you?). Despite the fact that the average Facebook app is productive only in killing time, quite a generous seasoning of business-oriented apps have moseyed [...]

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The Roundup April 28

The Roundup April 28

Time Magazine, you got punked! (“The 2009 Time 100 Finalists,” Time, April 28) Time just got punked (the real term is ‘pwned’) in its voter poll for the Time 100. The hackers who lurk at 4chan pooled their nefarious resources to vote “moot,” that is, Christopher Poole, the founder of 4chan, as the most influential [...]

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Facebook just became the hostess with the mostest

Facebook just announced that it’s opening up its “stream” API to developers. For the proud non-geeks among us, I have a handy-dandy explanation of APIs and why they matter right here in this little green acre of blog posts. This is a mighty big deal folks. Not only is the Facebook “stream” a direct competitor [...]

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The Roundup April 27

And I mean it. Final. The final final. The absolutely last final. Positively no more after this final. Until the real final final final. The new GM that would emerge from the restructuring would be 89 percent-owned by the U.S. government and the UAW, provided workers and officials approve the plans. [The bondholders would own [...]

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The Roundup April 24

I said spend the $5 million on Norwegian Quantum Mechanics classes and I meant it. Financially strapped colleges are angering their benefactors by selling school radio stations, auctioning Georgia O’Keeffe paintings and dipping into endowments for purposes their donors may not have intended. . . . As schools struggle more than they have in decades [...]

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Shoestring Venture now used in biz schools

Shoestring Venture: The Startup Bible is now being used as a reference in an entrepreneurship class, “Growing New Ventures,” being taught at Rutgers business school. We’re certainly honored and here’s a hearty toast to all the budding entrepreneurs signing up for classes like this!

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The Roundup April 22

That bomb you hear ticking is commercial real estate. The credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking. In a report scheduled for release on Wednesday, Deutsche Bank [...]

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Google Analytics: the race is on! Here’s my wish list . . .

Google today (literally about two hours ago) released the API for Google Analytics, a Web analytics package featured prominently in our book Shoestring Venture, and two upcoming books in the Shoestring Venture series now in development. Without going into details, this means that anyone who cares can now freely develop applications, add-ons, and plug-ins to [...]

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What the hell is an API and why the hell should you care?

As more and more of our computing migrates to the “cloud,” that amorphous nowhere lying just on the unknown side of our Internet connection, you as a business owner or entrepreneur will start hearing more and more about API’s. No, API’s are not bees buzzing about the Internet cloud (for both the readers of this [...]

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The Biz Roundup April 21

Yahoo! starts its long slow transformation into Yeahsowhat? Yahoo Inc. posted a 78% quarterly profit decline as the recession hit its slumping advertising business and the Internet company said it would eliminate about 675 more jobs, or 5% of its work force. The Sunnyvale, Calif., company was hurt across the board as companies scaled back [...]

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The Biz Roundup April 20

A cup of Java worth $6.6 billion. And you thought Starbucks was overpriced . . . Oracle boss Larry Ellison unveiled a surprise $7.4bn offer for Sun Microsystems on Monday, turning Sun’s collection of widely-used but undervalued software properties into the next targets for his wholesale consolidation of the software industry. . . . Oracle [...]

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Baby boomers LOVE consumer tech

I have participated in several marketing studies of baby boomers and I’m a huge fan of Don Potter’s book, The 50+ Boomer: Your Key to 76 Million Consumers which came out of a great marketing study by the ad firm, Potter, Katz, Postal, & Ferguson (now ICEBOX). In addition, I have wasted much of my [...]

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The Biz Roundup April 18 & 19

You heard it hear first: Cuba spells opportunity . . . maybe. Cruise lines will likely benefit first, some experts said, because it can take years to build up resort-style hotels on shore. Even so, capacity questions remain. “If you have a 2,000-passenger cruise vessel at the port of Havana, at some point they’re going [...]

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A long discussion of URL shorteners

As social networking — particularly Twitter and similar short-form messaging services — becomes more and more important to disseminating product and service information across a wide audience, we’ve seen an explosive growth of “URL shorteners,” services that are intended to take those long http-colon-slash-slash-tonsofgobbledeygookydogpilesfromyourcontentmanagementsystem and make them short-form friendly. Since we’re adding an entire section [...]

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The carpenter builds a house

I love this story which landed in my email box from Michael Josephson over at CHARACTER COUNTS! this morning. He’ll probably sue me from here to Thursday (he is, after all, a lawyer), but it’s worth sharing in its entirety. I have a much different take on it than Mr. Josephson — I see it [...]

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Financial structure, debt, and why they matter

Two recent articles in The New York Times deserve every entrepreneur’s close attention, the first dealing with small businesses caught up in the fireworks when their lenders go under and the second dealing with the impending bankruptcy of General Growth Properties, the second-largest owner of shopping malls in the country and the first major commercial [...]

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The Biz Roundup April 17

You see, the trick is in telling the difference. In discussing the delicate line that regulators must walk, he said: “The challenge faced by regulators is to strike the right balance: to strive for the highest standards of consumer protection without eliminating the beneficial effects of responsible innovation on consumer choice and access to credit.”. [...]

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The Biz Roundup April 16

What happens when your bank fails? Your overextended small biz loan becomes toxic. Clashes like this are increasingly taking place across the country, as banks struggle through their worst crisis in a generation. And Mr. Williamson is part of a niche industry that buys at bargain-basement prices the hard-to-collect commercial loans that the Federal Deposit [...]

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