"My No. 1 agenda over the next five years is to change Silicon Valley -- the face of it -- by bringing the same mentality I had with FUBU, which is bringing popular culture -- all my artists, myself, my capital and my friends -- to Silicon Valley."
Soviet central planners, whom Brin's family sought to escape, tried to predict demand for goods and services with catastrophic consequences. American immigration officials shouldn't harbor the same conceit. It's time to end this charade.
The key principle in the judo of business is to create and allow the conditions for people to make your goal their own conclusion. A colleague of mine says he sometimes will wait a few minutes in a meeting for everyone else to figure out something he knew at the beginning.
Success in the startup world has more to do with skills than with ideas. The best approach as a new entrepreneur is to try and fill the glaring gaps in your skill set, so that if your startup fails, at least it will be failing for an interesting reason.
With small-business lending at banks at its lowest point in more than a decade and venture capitalists only willing to offer term sheets for billion-dollar market opportunities, we're seeing revenue-based finance make a strong comeback.
Bain Capital made Mitt Romney a much wealthier man than he already was as the heir to Daddy's fortune. But was it good for America? Hardly. Is this the American Dream? Perhaps only for the already wealthy Romney.
Get off of the fence and start (or invest in) a business, because if someone invests in a qualified small business between now and the end of this year and holds that stock for 5 years and sells it, any gain is TAX FREE.