
Google, Facebook, Amazon and Ebay have grown to massive online companies. The network effects of these companies might affect the trend of innovation amongst internet start ups for years to come.

Google, Facebook, Amazon and Ebay have grown to massive online companies. The network effects of these companies might affect the trend of innovation amongst internet start ups for years to come.

Imagine you have been given an offer. If you choose to accept the offer, you’ll be taken on a hypothetical trip to Antarctica and you’ll be given an endless supply of money. However, as with most hypothetical amateur thought experiments, there is a catch.

Linked In’s IPO and Facebook’s coming IPO have got me thinking. Linked In’s first day multiple of 300-600 times implies that shareholders either plan on making a lot more money than they currently are or that they love losing buckets of cash in the near term.

It doesn’t come as any surprise to most of us that from time to time, we all seek the help of experts. But, how would a cave man have felt about needing to consult another cave man about his sore back or needing to attend a popular cave convention to improve his hunting skills.

Every year since 2008, i’ve been reading Warren Buffett’s letters to shareholders. They are an excellent source of investing and business intellect and usually pretty funny as well. Here are some interesting quotes from this year’s letter.