The Wall Street Journal reported today that Catherine Cook and her brother, David, sold their website start-up, myYearbook.com, for $100 Million to Quepasa–a public company.   It may sound like a fairy tale come true, but the devil is in the details. When the math is done, the picture...

Many people have heard about Bernard Madoff and how he arguably pulled off the longest and biggest Ponzi scheme in history.  It spanned decades.   Madoff used his professional reputation in the beginning to dazzle investors and lure them into his net.  However, as time went on, what drew...

Be careful of the rhetoric coming out of Washington about how small business will pull unemployment and the economy out of trouble.   The belief of our politicians is that more liberal bank requirements will somehow result in loans trickling down to small business and thereby opening  a...

Here’s the quick answer: You should refinance now because rates are at an all time low.  If rates do go lower, you can always refinance. Now the long version. Despite low mortgage rates recently, some homeowners may have been sitting on the fence waiting for rates to go lower or if you...

If you’re serious about being the next Tony Hsieh, the man who just sold Zappos for around $1 Billion dollar to Amazon, then you need to understand the mindset of a venture capitalist (VC).  An excellent starting point is the blog Both Sides of the Table, written by Mark Suster. Mark...