Giancarlo Angulo's Blog
First Round Capital 2009 Holiday Card from First Round Capital on Vimeo.
I’ve tendered my resignation a couple of weeks ago (…). I am having this weird notion that my next job would only be for a tech-startup who wants to build something. This could easily turn into a rant but my mood picked up thanks to someone. I just saw this video and decided to post it. It was weirdly inspiring to me.
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Pushing back
Posted by Abi Sutherland at 06:36 PM * 31 comments
I gather from the Interwebs that August is going to be a heavy month for health politics. The fight back against any change to the way that America deals with health care and health insurance is starting now, and it’s going to be intense.
They’re going to say it can’t be done, that health insurance and health care are inevitably expensive. They’re going to shriek about rationing, and ignore the fact that the US already rations health care on the basis of ability to pay—one of the most barbaric and obscene metrics conceivable.
And they’re going to say that health care in the rest of the world isn’t really that good. That the American system, for all its flaws, is the best there can be.
via Making Light: Pushing back.
Punitive taxes on compensation that takes the form of long-term restricted equity stakes is a dangerous and destructive move. If the compensation bill that emerges from the conference committee does not allow TARP-receiving companies to offer such SVCSs, then Obama should veto it.
And if the traders of Wall Street then quit en masse? If they say that they are going to “Go Galt” if they don’t get their traders’ options to take the money upfront after assuring us shareholders that they have made us a lot of money, that their positions and strategies are sound, and that they have prudently managed the risks? Well, then that tells us something about what they really think the true value of their work product has been.
via Grasping Reality with Both Hands: Needed for AIG and the TARP: Silicon Valley Compensation Schemes.
There is nothing wrong with highlighted (by me) text, just felt that when a century is 8 years++ old its like stating a milestone that really isn’t.
Executives at Manulife Financial Corporation (MFC/TSX) said they would use the funding from the country’s six largest lenders to help the insurer withstand one of the worst financial crises of the century.
Market turmoil caught us off guard: Manulife.