My response to someone trying to link bait me…
> You should point to it and say that. Could be an interesting debate.
> Dude Oh please, I created the concept of linkbaiting. You’ll have to publish something intelligent, well-researched and,
frankly, better written if you want to me to engage it. Responding with my level prose and insight would only serve to make me
look like a school-yard bully given your writer’s ability. Said another way, I don’t fight down. best, jason
Apple net income jumps 70%… 14.1m iphones sold!
Apple Inc. said Monday that net income for the most recent quarter soared 70 percent on strong sales of iPhones.
Apple sold 14.1 million iPhones from July through September, more than the 12 million or so analysts were looking for.
Apple Chief Financial Officer Peter Oppenheimer said in an interview that had the company been able to make more iPhones, that number would have been even higher.
It sold 4.2 million of its tablet computer, the iPad, fewer than the approximately 5 million that analysts, on average, had expected. Oppenheimer said the company was able to increase production of the iPad toward the end of the quarter.
Apple's net income rose to $4.3 billion, or $4.64 per share, from $2.5 billion, or $2.77 per share, in the same period last year.
Revenue jumped 67 percent to $20.3 billion from $12.2 billion last year.
Both revenue and net income were record amounts for Apple. The company also did significantly better than Wall Street analysts expected. Analysts polled by Thomson Reuters expect Apple to earn $4.08 per share on $18.9 billion in revenue.
"When you're shipping the best products ever, these are the results you expect to see," Oppenheimer said.
study: Startups create jobs…. let's support them.
Ewing Marion Kauffman Foundation
http://www.kauffman.org/research-and-policy/the-importance-of-startups-in-job-creation-and-job-desctruction.aspx
Summary: It's well understood that existing companies of all sizes constantly create – and destroy – jobs. Conventional wisdom, then, might suppose that annual net job gain is positive at these companies. This study, however, shows that this rarely is the case. In fact, net job growth occurs in the U.S. economy only through startup firms. The study bases its findings on the Business Dynamics Statistics, a U.S. government dataset compiled by the U.S. Census Bureau. The BDS series tracks the annual number of new businesses (startups and new locations) from 1977 to 2005, and defines startups as firms younger than one year old.
The study reveals that, both on average and for all but seven years between 1977 and 2005, existing firms are net job destroyers, losing 1 million jobs net combined per year. By contrast, in their first year, new firms add an average of 3 million jobs. Further, the study shows, job growth patterns at both startups and existing firms are pro-cyclical, although existing firms have much more cyclical variance. Most notably, during recessionary years, job creation at startups remains stable, while net job losses at existing firms are highly sensitive to the business cycle. Because startups that develop organically are almost solely the drivers of job growth, job-creation policies aimed at luring larger, established employers will inevitably fail, said the study’s author, Tim Kane, Kauffman Foundation senior fellow in Research and Policy. Such city and state policies are doomed not only because they are zero-sum, but because they are based in unrealistic employment growth models. And it’s not just net job creation that startups dominate. While older firms lose more jobs than they create, those gross flows decline as firms age. On average, one-year-old firms create nearly one million jobs, while ten-year-old firms generate 300,000. The notion that firms bulk up as they age is, in the aggregate, not supported by data.
My LAST angel investment of 2010 (really): Ubercab @ryangraves #winner
I’m so excited about this company….. watch this video:
http://www.ubercab.com/how
THOUGHT BOMB: Would wikileaks have prevented 9/11? #yes
Amazing story…. and an important discussion without an easy answer.
Thoughts? “If WikiLeaks had been around in 2001, could the events of9/11 havebeen prevented? The idea is worth considering. The organization has drawn both high praise and searing criticism for
its mission of publishing leaked documents without revealing their
source, but we suspect the world hasn’t yet fully seen its potential.
Let us explain. There were a lot of us in the run-up to Sept. 11 who had seen warning
signs that something devastating might be in the planning stages. But
we worked for ossified bureaucracies incapable of acting quickly and
decisively. Lately, the two of us have been wondering how things might
have been different if there had been a quick, confidential way to get
information out. One of us, Coleen Rowley, was a special agent/legal counsel at the
FBI’s Minneapolis division and worked closely with those who arrested
would-be terrorist Zacarias Moussaoui on an immigration violation less
than a month before the World Trade Center was destroyed. Following up on a tip from flight school instructors who had become
suspicious of the French Moroccan who claimed to want to fly a jet as
an “ego boost,” Special Agent Harry Samit and an INS colleague had
detained Moussaoui. A foreign intelligence service promptly reported
that he had connections with a foreign terrorist group, but FBI
officials in Washington inexplicably turned down Samit’s request for
authority to search Moussaoui’s laptop computer and personal effects. Those same officials stonewalled Samit’s supervisor, who pleaded with
them in late August 2001 that he was “trying to keep someone from
taking a plane and crashing into the World Trade Center.” (Yes, he was
that explicit.) Later, testifying at Moussaoui’s trial, Samit
testified that he believed the behavior of his FBI superiors in
Washington constituted “criminal negligence.” The 9/11 Commission ultimately concluded that Moussaoui was most
likely being primed as a Sept. 11 replacement pilot and that the
hijackers probably would have postponed their strike if information
about his arrest had been announced. ” more:
http://www.latimes.com/news/opinion/commentary/la-oe-rowley-wikileaks-2010101…
Don't share phones… especially with kids! ultimate bacteria carier!
Scary stuff:
According to Julian's study, published online in July by the Journal of Applied Microbiology, the risks of transmitting pathogens from glass surfaces to a person's skin are relatively high.
"If you put virus on a surface, like an iPhone, about 30 percent of it will get on your fingertips," Julian said. In turn, "a fair amount of it may go from your fingers to your eyes, mouth or nose," the most likely routes of infection.
Of course, no one can be sure how many people have gotten sick from sharing touch-screen electronics. But the devices add to the growing list of so-called fomites – frequently handled objects – that can spread pathogens such as the flu virus.
Handrails, elevator buttons, computer keyboards, automatic teller machines – remember Mom's advice about dirty money – certainly all have the potential of spreading disease.
Read more: http://www.sacbee.com/2010/10/14/3103164/talk-about-going-viral-touch-screen.html
Five killer domains I own… looking for technical co-founders.
– kokua.com (5k) (to help in hawaiian)
- 20.com (70k) (20 means location on radio)
– aday.com (40k) (as in joke.aday.com, "…. A day.")
- lowimpact.com and noimpact.com (10k)… wanted to do a green blog.
If there were technical founders who wanted office space, angel backing and me as a founder/partner, I'd consider using one of the domains. You would have to be willing to live/work in Santa Monica (a really nice place to live fyi), I'd be open to any pitches.
i had my own ideas for each domain, but with Open Angel Forum booming (8 cities, 24 events a year… going to 12 cities, 36 events per year next year), Mahalo booming (20m uniques a month) and ThisWeekIn.com on fire (25 shows, $1m run rate, 14 employees in < 6 months) I'm too busy to lead new companies.
oh yeah, i'm hosting the launch conference on Feb 23rd and 24th and launching the email newsletter. so, that's like five companies in a year on top of my 15 angel investments a year.
ping me jason at mahalo.com
(note: i can't sign any NDAs or anything, i invest in a lot of companies, etc. so please don't think that any idea you send is really that important… what i really need is good ideas and a great teams in great markets. most ideas iterate and pivot… so really i'm looking for technical co-founders who want to own some equity over time in a killer idea based on one of my killer domains. also, i have some killer ideas for them).
