Blog Posts
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On Shark Tank, entrepreneurs pitch ideas to a panel of celebrity investors and after 222 episodes, 895 pitches, 499 deals, $143.8m worth of invested capital, and nearly $1B in company valuations, it is time to conduct an appraisal. Here is a selection of findings: • 56% of contestants successfully make a deal • Women are underrepresented on…
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Facebooks of this world by politicians across the planet. To many of us, this seems like government’s desperately trying to protect their turf and maintain control. Sam Volkering wrote an interesting article which I thought I would follow up on. In modern times, most empires have a life span of around 100 years. The American…
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Recently, I wrote about how artists receive very little income from streaming. A couple of million streams on YouTube will make you enough to buy a couple of cups of coffee. This led several people to ask how music royalties work. Multiplatinum artists like TLC and Toni Braxton have been forced to declare bankruptcy because their…
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I absolutely love this wonderful story… A lady in a faded gingham dress and her husband, dressed in a homespun threadbare suit, stepped off the train in Boston and walked timidly without an appointment into the Harvard University President’s outer office. The secretary could tell in a moment that such backwoods, country hicks had no business at…
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Mechanical Turk offers workers the freedom to complete menial tasks for small sums of cash. The platform, run by Amazon, offeres anyone the opportunity to earn money by completing quick, menial tasks posted by researchers: labelling images, taking surveys, transcribing receipts. These tasks can pay as little as $0.01. Today, a reported 500k workers on Mechanical…