Losing Power at Home We recently experienced losing power at home, specifically our gas-powered heat, for a few days while away on vacation. In the aftermath, I got to thinking about how I could have been better prepared. A backup generator wouldn’t have helped in this instance because we didn’t lose electricity. Rather, it was […]
From natural disaster after natural disaster, to terrorist act after terrorist act, there are a lot of things going down in the world right now. The Survivalism Industry (did you know that was even a “thing?”) has even started to go mainstream. If you need evidence, just consider that Costco is now selling a year’s […]
Selling a Business – Planning Is Key There are several factors that determine if an owner is selling a business at the right time. The greatest challenge for many owners is creating a strategic plan based on the owner’s individual priorities. An owner who is happiest post-sale is the owner who stuck to the plan, […]
I Am Special. Are you? I know this to be true… Because a stranger who wants my money told me so Thought Leadership Opportunities aren’t Opportunities I am special because people frequently seek me out to offer me thought leadership opportunities, thus increasing the likelihood that new clients will hire me as their attorney. Look, for […]
The Protection Racket Equifax, Experian and TransUnion don’t have your back. I’ve been trying to come up with some new business ideas. It’s really hard, though. Technology is changing so fast, you know? Well, I finally came up with a good one. I’m going to start my own security firm. I’m going to install burglar […]
You don’t need to be a visionary to see the world’s trends toward “clean tech” and sustainable energy. A recent Bloomberg report noted that investors will pump up to $1.9 trillion in new wind and solar capacity over the next decade.
My take: This may be right in the short-term, but it’s dead wrong in the medium-term and beyond. Let me explain why. 1. Rising Default Rates On Auto Subprime Loans First, a bit of context: the quote above comes from an article about rising default rates on auto subprime loans. If you are […]
Most banks serve their customers well. But some are just trying to use you. Find out how Bank of America tried to squeeze more interest out of a client by ignoring him.
Pebble raised more than $10 million on Kickstarter in 2012—a record at the time—far exceeding its $100,000 goal. Early on, Pebble seemed like a classic success story. The watch did what the company said it would: it worked well with both the iPhone and Android smartphones, it had a long battery life, and it had customizable watch faces. It was inexpensive, to boot. Intel, at one point, reportedly offered to buy Pebble for $70 million; Citizen offered $740 million.
A Financial Poise column with an entertaining take on the history of private equity and venture capital.