- For those who are fooled by the belief that the stock market is a free-market and therefor accurately represents the health of companies or its authentic attraction The Wall Street Journal site Smart Money gives an interesting top-level overview of the performance of those assets across sectors. [Links: SmartMoney]
- IPO’s are up to $1B in the first quarter compared to same period last year, those who know Silicon Valley well realize that is a sign of how the smarts of great entrepreneurs escape Venture Capital arbitrage, not because they benefit from it. Just give them the money and get out-of-the-way of success is the only model that is sustainable today (Facebook & Twitter anyone?). [Links: PEHub]
