Bubble Trouble - Barron's →
“Google has never traded at more than 29 times sales, and it approached 100 times earnings only for an instant. Its median price-to-sales ratio as a public company is 11; the current ratio is 7.0.”
Life Tastes Best When You Eat What You Kill →
“Life only tastes good when you eat what you kill. When you hustle for what you earn and someone pays you money in proportion to the service you’ve offered, the idea you’ve created, your ability to execute on it, and their ability to consume it in a way that benefits them.”
this goes deep into the interior mentality of the engineer, which is very...– Marc Andreessen on why @dens wears sneakers in business events Marc Andreessen on the Dot-Com ‘Bubble’ - NYTimes.com (via fred-wilson)
The Pros & Cons of Emerging Markets →
Jim O’Neill from GS is sharp as always.