I’ve been very excited to see the boom in the New York startup community in the last 2 years, driven in large part by the shrinkage in the NY industries that traditionally lured some of the most entrepreneurial and aggressive personalities (finance, consulting, etc.) Michael Karnjanaprakorn posted a detailed list of resources and players in...
[Continue Reading]Launch of Track.com, a market for independent Wall Street research
Four days ago, a team of Wall Street veterans launched Track.com, a new marketplace for independent research providers. I met with the management team today. Track.com offers independent research providers a platform to distribute their intellectual property. Buyers pay subscriptions for access to the pool of content. Similar to Value Investors Club, the general public...
[Continue Reading]Peter Drucker on the Seven Sources of Systematic Innovation
When Peter Drucker died, his obituaries were so laudatory I thought that I really should become familiar with his work. So I’ve been reading through some of his major books. It’s striking how well-written and timeless they are. I just finished his classic “Innovation and Entrepreneurship“. For my purposes in working with funds to identify...
[Continue Reading]The Speed of Trust Review
A while ago I read Stephen M.R. Covey’s book, The SPEED of Trust: The One Thing that Changes Everything . As you would guess, Stephen M.R. is the son of Dr. Stephen R. Covey, who wrote the extremely influential book, The 7 Habits of Highly Effective People. The heritage shows. Speed of Trust is written...
[Continue Reading]What is valuable when so much is free?
(Bill McIntyre via Flickr) Chris Anderson’s new book "Free" has restarted the controversy over pricing of goods, particularly digital goods. This led me to re-read Kevin Kelly’s piece on "Better Than Free". He argues that "When copies are free, you need to sell things which can not be copied." I like his taxonomy of 8...
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