My Year in Startup Hell. Dogs roam HubSpot’s hallways, because like the kindergarten decor, dogs have become de rigueur for tech startups. At noon, Zack tells me, a group of bros meets in the lobby on the second floor to do push-ups together... On the second floor there are shower rooms, which are intended for bike commuters and people who jog at lunchtime, but also have been used as sex cabins when the Friday happy hour gets out of hand. Later I will learn (from Penny, the receptionist, who is a fantastic source of gossip) that at one point things got so out of hand that management had to send out a memo. “It’s the people from sales,” Penny tells me. “They’re disgusting.” [more inside]
In 2003, the New York Times published a lengthy article by Lisa Belkin about women who were choosing to leave the workforce to be stay-at-home moms: The Opt-Out Generation
. In the the last ten years, the article's conclusions regarding upper-middle-class women's choices about work and motherhood have been debated
, and defended
. It's been noted
by many that "most mothers have to work to make ends meet but the press writes mostly about the elite few who don’t
." Ms. Belkin's piece also never mentioned what what a disaster divorce or the death of a spouse can create
for dependent women in such situations. After a decade, the Times is revisiting the topic: The Opt-Out Generation Wants Back In
"Is she O.K.?" a customer asks.
"My mom?" asks Kristy, the waitress.
"Yes," the customer replies.
Since Sunday, the front page of the New York Times has been featuring a portrait in five parts
of Elyria, Ohio (pop: 55,000), seen mostly through the lens of a local diner. (Second link is to a full multimedia feature, but direct links to the five individual articles can be found within.) [more inside]
Economies of Scale
is a free, web-based multiplayer business/commerce simulation game under development by Scott Rubyton (aka Ratan Joyce). Players use starting capital to build production/wholesale/retail businesses from the ground up in a basic economic model, competing for market share while collaborating through business-to-business trading of goods and materials. It's more fun than getting an MBA! Also much less expensive. [more inside]
Are you encourages in your place of work by the use of gamification
? Congratulations, comrade, you are treading in the footsteps of Soviet Russia
Safety nets: hammocks or trampolines?
Academic James Wimberley argues that the supposedly entrepreneurial USA fares poorly on business startups, and attributes this to the relative absence of a comprehensive social safety net.(via)
The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time
from local entrepreneurs.
In 2010, Obama will have a miserable year
, NATO may lose in Afghanistan
, the UK gets a regime change
, China needs to chill
, India's factories will overtake its farms
, Europe risks becoming an irrelevant museum
, the stimulus will need an exit strategy
, the G20 will see a challenge from the "G2"
, African football
will unite Korea
, conflict over natural resources will grow
, Sarkozy will be unloved and unrivalled
, the kids will come together to solve the world's problems (because their elders are unable)
, technology will grow ever more ubiquitous
, we'll all charge our phones via USB
, MBAs will be uncool
, the Space Shuttle will be put to rest
, and Somalia will be the worst country in the world
. And so the Tens
The Economist: The World in 2010
. [more inside]
New Yorker Films
, the only US distributor of many of the films of Jean-Luc Godard
, Ousmane Sèmbene
, Rainer Werner Fassbinder
, and many others closed operations
yesterday. Many of the films they distributed remain unavailable on DVD
, and thus completely unavailable to Americans for the foreseeable future. Coming on the heels of the eviction
of Film-Maker's Co-Op
, New York's venerable distributor and archive of avant-garde film
, New Yorker's closing raises questions not only about the symbiotic importance of repertory film exhibition
for film preservation
efforts, but about the future of film culture and the possible role of the arts
in the future economy.
A group of over 300 residents and merchants in California’s Bay Area has established a local currency called BREAD (a rough acronym for Bay Area Regional Exchange and Development), based on hours of work valued at $12 an hour. Through the BREAD network, which now has over $20,000 worth of currency in circulation, members can pay for dinner, carpentry, childcare, tutoring, clerical assistance or organic produce. Tired of traditional activism, founder Miyoko Sakashita wanted to create a positive local economy and “stop our resources from supporting global corporations that are not accountable to people and the environment.” Check it out at Breadhours.org
"Nobel Prize-winning economist Joseph Stiglitz talks about the corporate looting spree and Bush's woeful mismanagement of the economy."
"The fiscal mismanagement of the current administration -- leading to a change in the fiscal position of the United States over the past year -- is absolutely phenomenal; going from huge surpluses to huge deficits and the deficits are probably going to be larger than people anticipated."
J.K. Galbraith shocked at scale of corporate failures.
"I can only say I hadn't expected to see this problem on anything like the magnitude of the last few months – the separation of ownership from management, the monopolisation of control by irresponsible personal money-makers." Myself and chrispy
came to the same conclusion on the drive home from the resolutely un- (rather than anti-) corporate Glastonbury Festival
today. Profit is valued and rewarded by the vast majority of corporations above all else. As a consquence, people with the same values dominate executive positions, to the exclusion of those with more 'humanitarian' or longer-term outlooks. Where is the balance? Should we make hippie non-exec directors compulsory? Or should I just go back to bed and let the drugs wear off???
CEOs Slash Jobs, but Not Their Pay
Too many cheifs and not enough indians. An article I found interesting.
This is truly awesome.
Awesome. Awesome. Awesome. Awesome. Awesome.
Just the best use of flash, collaborative model/data building and use of interactive interface to explain a complex issue... i.e. the interconnections of money, influence and power in boardrooms of the global economy.
Conceived designed and built by Josh ON and the FutureFarmers
I think it's going to move to a more permanent and snappier URL once it's fully ready for prime-time... I hope Josh and the gang don't mind me posting it here... but it's just too good not too... It genuinely deserves a lot of praise and attention, IMHO.
Montgomery Ward to Shut Down Stores.
It's sad to lose another retailer that you can count on for quality merchandise. It seems that the day on the department store is almost over.
I think they got a bargain.
A company which was in financial trouble let a kid come in for two weeks as an intern. He took a look at their business, immediately set up a web site for them to sell their product, and they promptly received an order for 70,000 pounds through that web site. It appears it will save their company.
One Year After Seattle
-- "A year has passed since the World Trade Organization's "Millennium Round" collapsed under clouds of tear gas in Seattle," writes Mark Weisbrot
, in this useful overview of what was -- and is -- at stake. "The debate over globalization has been altered, perhaps permanently, to include some of the concerns of civil society: poverty and inequality, economic instability, and the environmental costs of globalization...."
marchFirst circles the bowl...
Too bad. I thought it would be cool to work for them but now analyst are predicting the demise of the company. I wonder if they will have a great deals on Macs when they go bankrupt?
IKON's Website Ranked Among Top 200 Business Sites By BtoB, Advertising Age's Marketing Newspaper
Your stock's in the toilet, you're being slapped with a class action suit, and you've been put on CreditWatch with negative implications. But your web site
shore is purty!
Why Big Oil Backed The Fuel Protests In Europe
-- "Watched from a distance, the oil blockades in Britain look like spontaneous popular uprisings: regular working folk, frightened for their livelihoods, getting together to say, "Enough's enough." But before this David and Goliath story goes any further, it deserves a closer reading...."