Items of some interest…

These are my recent Pinboard.in links:

  • Odlyzko

    "Gullibility is the principal cause of bubbles. Investors and the general public get snared by a “beautiful illusion” and throw caution to the wind. Attempts to identify and control bubbles are complicated by the fact that the authorities who might naturally be expected to take action have often (especially in recent years) been among the most gullible, and were cheerleaders for the exuberant behavior. Hence what is needed is an objective measure of gullibility."

    bubble economic-crisis economics social-dynamics pragmatism-it-ain't

Items of some interest…

These are my recent Pinboard.in links:

  • How Not To Start A Relationship

    "It amazes me that 50+ people could suddenly come out of the woodwork in an effort to “build a new relationship that’s not really a relationship” thinking it would give them an opportunity, or even an advantage, in the context of a set of hot companies.

    When I think about the relationships I’ve developed, whether it be with investment bankers, LPs, co-investors, or anyone else, they evolve over a period of time. They don’t require boondoggles or fancy things; they require sincerity and substantive interaction over a long period of time. Then, when there are moments of opportunity, these are the people that I go to (and hopefully who come to me.)

    There suddenly seem to be an abundance of “transaction relationships” out there. Entrepreneurs beware."

    economic-development-will-destroy-the-city bubble venture-capital business-culture via:pkedrosky

Items of some interest…

These are my recent Pinboard.in links: