UPDATE: This post from February 21, 2016, is being republished in the light of the announcement that Club Penguin […]
Heidi Roizen is a very well-known Silicon Valley venture capitalist and entrepreneur. I first met Heidi years ago […]
UPDATE: This February 3, 2016 post on Uber deserves an update. This week Uber announced that it lost $800 Million in its 3rd quarter. That’s correct, $800 Million in only three months. The Uber announcement tries to spin the loss as good news for Uber as ” increased by only 25% over the third quarter last year. An $800 Million quarterly loss is right up there in the same league with Trump lost money. I guess we need to remember Trump’s admonition that debt is good, and it’s ok to lose other people’s money. Uber’s announcement goes on to project continuing losses projected to be greater than $3 Billion next year, as Uber continues its plans for an apparent IPO for brain dead investors.
Today’s long-expected announcement that the European Union has assessed that Apple owes €13 Billion ($14.5 Billion) in back taxes to Ireland and the EU, is only one part of a much larger story of multinational corporations global tax jurisdiction and tax avoidance, and a looming fight between the EU and US over which one gets the €13 Billion. There is not much disagreement whether Apple actually owes the money. It also reopens the as yet unresolved matter of multinational corporate taxation, most recently exposed by Pfizer’s announcement that it would move its HQ to Ireland to avoid U.S. taxation, which was later blocked by the U.S. government.
The World’s Most Connected People Have Disappeared From LinkedIn The most connected members of LinkedIn have vanished. What […]
UC Berkeley Professor, and former U.S. Secretary of Labor, Robert Reich posted this article providing further evidence of […]
I have been giving some serious thought to the importance of personal resilience in times of adversity. Terry Fox comes up as a prime example of resilience that has inspired people all over the World. But how do such people develop it? Can it be learned? It is a character trait that appears difficult to measure, only appearing in certain people and not others when faced with a severe personal challenge. It is something that all management professionals should ponder carefully because such challenges will most certainly appear in their careers.
It dawned on me that my blog post from July 2013, still has particular relevance to the current situation in Canada. I discuss the longer term structural issues confronting Canadian entrepreneurs and Canadian venture capital. When I first arrived in Canada in 1989, I learned quickly that the Vancouver startup ecosystem was nothing like what I knew from Silicon Valley.
Talk on the street suggests that Hootsuite’s problems are not all related to the downturn in the larger […]
British Columbia and New Zealand share many economic similarities, except that New Zealand has way more sheep, are way better at rugby and are better sailors. Both economies are focused on natural resource exploitation, tourism, wine, and horticulture. Both economies have similar populations though we have more space and are not isolated in the South Pacific. The motion picture industry has been a major factor in both economies, but both are highly vulnerable to foreign exchange fluctuations. Both economies have made efforts to diversify into high tech, pouring millions into development of startups. Both economies have had modestly successful companies in high tech, which have been bought out and moved out. The crucial difference may be New Zealand’s pragmatism about how to deal with this economic reality. British Columbia could learn from New Zealand.