Google It

These days I hear, “Google it,” all the time. The expression sounds considerably more elegant than “I don’t have a f:^)ing clue.” Google is kind of like walkabout for the brain. It spells the end of bar bets. It feeds curiosity, whether intelligent or...

Excerpt from The Pell Heist

During business school, Gordie was always scribbling in a spiral-bound journal with the word, “Players,” inked in the upper right corner. He carried it around both years and jotted notes like a man possessed. Inside, he profiled classmates. Not all of us. Just the...

End Game

My name is Jack Legare. I live in a small, weather-beaten cape near the end of Dock Street in Hale Harbor, Rhode Island. The roof is new. But the weather shingles date back to the 1950s, and I bet half of them blow away the next time a hurricane comes storming up the...

Top Ten Reasons Facebook May Not Be Worth $50 Billion

1. Lemming portfolio theory. The consensus is always wrong. Facebook is a media love orgy right now. 2. Private valuations are opinion, not science. A few years ago the Winklevoss twins used Microsoft’s $15 billion valuation to settle their lawsuit. Meanwhile,...

Wiki-Valuations: The Inside Skinny on $50 BN for Facebook

Leave it to the Internet. Goldman Sachs just awarded a $50 billion valuation to Facebook. And in a shrewd branding maneuver, the storied financial behemoth is offering its high-net-worth clients the option to co-invest in the world’s leading social media site....