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Beware the Hockey Stick in Your Budget
We are deep in budget season as the last board meeting of the year typically includes the 2010 Budget – or at least the “2010 Draft Budget” or “2010 Budget – Draft”. This is also known as “the joy of cramming a spreadsheet into a powerpoint presentation.”

Fred Wilson and the Venture Capital (Non-)Cartel
When a capitalist says that he is pleased to see profits increase as his competitors disappear and the remainder hold the line on price is that a cartel? How is it different from the CEO of, say, Honda, gloating about the elimination of other auto companies, and then asking the remaining companies to hold car prices?

iPhone Transmitting From 2G to 3G
iPhone 3G was released on July 11, 2008, in twenty-two countries. It was released including the original six countries. Within five quarters, Apple sold over 6.1 million iPhones and 3.8 million iPhone 3G phone were sold in the second quarter of fiscal year 2009. Apple reached a huge figure of 21.4 million iPhone sold by end of March 2009.

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