The idea that a mentor may take an equity position in a protege is not new – it happens in families and extended families as elders are fully aware that the children will provide for the family in the future. The connection is not to hard to grasp that it’s in everyone’s best interest to help the kids – all of the kids. This is the social contract.
Posts Tagged ‘family’
The Interesting Thing About Interest Rates
The problem is that risk can never be negative, therefore interest rates can never be negative – that is called “breaking he buck”. Risk is a measure of volatility, or, “deviations from what is considered normal”. While there is certainly good deviations and bad deviations, there can never be a “negative” deviation from normal – it is a mathematical impossibility, a glitch.
Social Media as a Vetting Mechanism
Where the vetting mechanism fails, the system fails. This has happened in countless instances from the current financial crisis to nearly every product, market, environmental calamity, or political failure in recorded history – the referees who were supposed to keep their eye on the ball, did not. Likewise, where a vetting mechanism is effective, the system is efficient.
Video; Will Social Capitalism Replace the Corporation?
There is very little about a corporation that cannot be duplicated in social media. This calls into question the nature of social media vs. the nature of corporations. Here we uncover a third pillar to the US economic recovery; Social Capitalism.
Counting Eyeballs
The Advertising Industry has some serious problems. Ad agencies are having a difficult time understanding the modern advertising space with the limited, if not worthless, paradigm carried over from the days of radio; the CPM.
The Greatest Threat To Social Media
My first year in Mexico back in 1994, I thought to myself, “Wow, I can change everything”. The next year, I thought to myself, “Wow, I can’t change anything”. The third year, I thought to myself, “Wow, why would I want to change anything, Mexico is doing just fine the way it is”.
The 1.6 Trillion Dollar Waste of Time
Countless blog articles and news reports are complain about information overload in our society. 1.6 Trillion dollars worth of human productivity are lost every year. The Ingenesist Project changes everything. So what will we do with all the time saved? we’ll spend it with friends and family telling them about the great products that empower us.