In honour of Spreadsheet Day and the 35th Anniversary of Visicalc, Steven Levy republishes a piece from 1984, where he described how the spreadsheet was changing the business world. The piece foreshadows the rise of modern Silicon Valley: “Entrepreneurs and their venture-capitalist backers are emerging as new culture heroes, settlers of another American frontier.” The […]
As the IMF decreases its growth forecast for sub-Saharan Africa to 5.0% from 5.5%, Bloomberg drills down on the details, covering everything from tourism impact to companies with direct exposure in the region. Companies mentioned include: Resolute Mining (RSG), Dangote Group, Intercontinental (IHG), Marriott (MAR), Nestle (NESN), Diageo (DGE), SABMiller (SAB), and MTN Group (MTN). […]
As some viewers may be aware, summer is when the networks (even the internet ones like Netflix) are taking breaks from their anchor programming. We thought these doldrums were a good time to revisit some of the media industry’s inflection points as a way to put our era’s media disruption into historical context. The late […]
Sam Altman, the newly appointed President of Y-Combinator, describes the contrarian nature of his black swan seed rounds. He writes, “The most striking observation is that, in my experience, the ‘hot seed rounds’ that everyone is fighting to get in are anti-correlated with very successful investments. […] The hotly-competed seed investments I’ve made have underperformed. […]
An article from The Wall Street Journal in 1978 describes how investors are using computers to manage their portfolios. One of the brands available? Apple Computer. WSJ: April 17, 1978: Apple Computer?
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