Washington Post: Bubble: The Roots of the 90’s Boom and Bust
Very insightful reflective series about the bubble of the 90’s. Good information graphics like this overview of the number of companies funded and the total investment.
GoodWorkProject - The GoodWork Project, through its various studies, researches how leading professionals carry out work that is of high quality and socially responsible.
Wise words from the pretentious lawyer reflecting on whether he’s sad that he didn’t make a lot of money in the boom years:
“In retrospect it’s a fact that if you made serious money the last couple of years in the nasdaq/technology boom age, you made them by causing other people a loss”.
Lazy, hazy, crazy thoughts by Peter Martin
Must read article on the 3g bubble in europe - and a new look on share prices/the basic idea of owning stock in a company.
Malcolm Gladwell: blowing up - How Nassim Taleb turned the inevitability of disaster into an investment strategy. For ten minutes this article had me wanting to become a trader with a “chaos fund” allthough i don’t get much of the mathematics involved. Like his chaos theory oriented strategies for investing… (And great writing from Gladwell as always).
More trouble for danish dotcom Haburi, their backers and management team. Exit in 2003 - in your dreams, dotcom boys! Amazed that they haven’t pulled the plug on that company a long time ago.
Relates to a discussion i had with a good friend yesterday discussing how exit-strategies/IPO’s are for chickens, real men strive to build a sustainable and profitable business!
Startups are about passion, not exit-strategies - and trust me i’ve been down that path once with a startup and though it went ok financially, the journey was the worst period of my life…
dot.con. Good investigative piece on the ipo years and the total lack of values in the professional financial food chain from vc’s to investment bankers. Especially funny since i just came back from a presentation of the Triodos Bank, a social value based bank. Two different worlds!