When my wife goes to our kids’ activities she often works on our e-commerce business from her laptop tethered to her mobile phone. Invariably, someone will ask what she’s working on. She used to say that she “works online” but that almost always led to a very long conversation. It seems like everyone would love…Read More
Most people that enter the world of e-commerce are seduced by the ability to both profit from opportunities in the New Economy and also take advantage of the inherent scalability of technology. They plunge head first into affiliate marketing, or selling physical goods without really considering the end game. Without question this failure to consider their end…Read More
I’ve worked on Wall Street since 1980 and have seen a lot of investment themes come and go. For many, it’s just a matter of timing in the economic cycle—like deciding when to favor growth or value strategies. However, for the trumpeting of every new “disruptive” technology I’d wager only 1 in 5 are…Read More
Walls Street is a brutal place to pitch an investment idea. To get in the door of the major investors they must like the asset class, the specific strategy, and the manager. This is a very high hurdle and I suspect that well under 10% of those seeking meetings with the desired investors can get one. The…Read More
I recently attended a conference hosted by Empire Flippers in Thailand and was asked to recount on a podcast my experience investing in established websites. With all the success stories on the internet today, I felt I needed to be very transparent — My journey was not a get rich quick story. At age 57 I…Read More
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