Six Lessons in Entrepreneurship

As much as we all strive to build sustainable and stand-alone companies, we?re living in a period of massive transformation and thus, consolidation and acquisition. As a result, many entrepreneurs build their businesses with potential acquirers in mind, choosing to grow at any cost instead of actually building a sustainable business that is solvent and profitable. GRP VC Mark Suster (and occasional Techcrunch contributor) published an article on this theme recently. The very short version of the post is: ?Most companies (98+%) in the world (even tech startups) should be very profit focused. Being profitable allows you degrees of freedom you don?t have when you rely upon other people?s money.?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/htV3-YDjkKs/

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Girl Scouts' Inclusion Of Bobby Montoya, 7-Year-Old Transgender Child, Prompts Troops To Disband

? Girl Scouts' Inclusion Of Bobby Montoya, 7-Year-Old Transgender Child, Prompts Troops To Disband

?A Colorado-based Girl Scouts troop?s decision to admit a 7-year-old transgender child this fall?has prompted three leaders to resign and dissolve their troops.?

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Is The Internet A Human Right?

No. At least, that is what Vint Cerf, of TCP/IP, IEEE, and Google fame, decides in a NY Times op-ed piece. But the idea is subtler than the flame-bait headline; the decidedly less flashy "technology is an enabler of rights, not a right itself" expresses it more accurately. It's a difficult topic to address, not just because it's naturally inflammatory, but because it is difficult to pin down what exactly is meant by "right," and what is meant by "internet." Without defining terms, any assertion is meaningless. But a little thought seems to exonerate both Cerf's position and that of the people who take exception to it.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/KyvGfm0w0O4/

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Spain: 2011 deficit could be higher than 8 pct (AP)

MADRID ? Spain's deficit for 2011 could be even higher than the larger-than-forecast 8 percent of GDP it announced last week, the finance minister of the new conservative government said Monday.

Luis de Guindos said in a radio interview that the government, which took power just before Christmas, found out only early last week how bad the numbers were and had no choice but to act quickly by increasing income and property taxes, despite an election campaign pledge not to raise taxes.

The conservative Popular Party swept to victory in Nov. 20 general elections, winning a comfortable majority in Parliament as voters enduring 21.5 unemployment and a stagnant economy dumped the incumbent Socialists.

De Guindos said the 8 percent figure ? up from a 6 percent forecast by the outgoing government ? would have come out in a matter of weeks anyway and would have almost certainly led to a punishing rise in Spain's borrowing costs.

So the government acted quickly by announcing Friday a package of tax rises and spending cuts ? totaling about euro15 billion ($19 billion) ? at the same time as it unveiled the new deficit estimate, so as to stay ahead of events, he said.

"It was an act of responsibility and political initiative to keep the Spanish economy from reaching a situation that would have been practically unsustainable," de Guindos told Cadena Ser radio.

He said both the central government and Spain's regional governments shared blame for the overspending.

As for the final 2011 deficit figure, he said: "It is possible that it will exceed 8 percent. Not by much, I certainly hope."

He said Spain right now, with its economy a mess and the eurozone in a debt crisis, could not afford to announce its deficit will be two points higher than forecast without also quickly taking measures like raising taxes, as unpleasant as that might be.

"If we had not, others would have done it for us," de Guindos said, suggesting the European Union would have stepped in somehow.

The deficit-reduction package is a first bitter taste of austerity for Spaniards under the new Popular Party government. It came as part of an extension of the 2011 budget because none for 2012 had been passed when the government changed hands.

More austerity is expected when a full-blown 2012 budget is approved in late March.

The government's goal is to get the deficit down to 4.4 percent of GDP this year.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120102/ap_on_bi_ge/eu_spain_financial_crisis

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Florida man kicked off jury for Facebook friend request

The Associated Press

1:55 p.m. EST, December 30, 2011

SARASOTA, Florida ? A Florida man has been removed from a civil trial jury after sending a Facebook friend request to one of the defendants.

The Sarasota Herald-Tribune reports Jacob Jock arrived for jury duty Dec. 12. He was placed in a jury pool for a personal injury lawsuit from a traffic accident case. That's when he used his phone to access Facebook and see whether he knew anyone involved.

Jock says he accidentally sent a friend request to one of the defendants, Violetta Milerman.

He was selected to serve on the jury, and Milerman informed her attorney about the friend request the next day. Jock was dismissed.

Senior Circuit Judge Nancy Donnellan admonished him for violating her instructions on not to discuss the case or use the Internet to find information.

Source: http://feedproxy.google.com/~r/orlandosentinelbreakingnews/~3/GZt3yORosCg/os-facebook-juror-defendant-20111230,0,6222494.story

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More Frustration For Boston College Hockey; Eagles Fall To Michigan 4-2

What is it with BC and midseason slumps? It seems every year we go through a stretch where it just seems like nothing can go right. Tonight was more of the same as BC fell to Michigan in the GLI semifinals, 4-2.

There were a lot of glaring issues in this game. First, the team didn't show up to play in the first period. BC once again played from behind most of the game - not a formula for winning hockey. Michigan scored early, just a minute and a half into the game, to go up 1-0, and scored again on a 5 on 3 late in the period to head into the locker room 2-0.

BC thought it would be a good idea to show up for the 2nd, and show up they did. In what was, for the most part, an absolutely sparkling period for the Eagles, BC roared back to tie the game. First, on easily the best shift of the game, BC managed to get the puck in the net after a full minute or two of possession in the Michigan zone. The Wolverines were completely gassed by the time the rubber hit the twine, and those on the ice were only too happy to take a seat. A few minutes later, BC got the equalizer on a power play.

Unfortunately, late in the third period, Michigan scored on a 2 on 1 break completely against the run of play to retake the lead for good at 3-2. The Wolverines iced it with an empty netter in the third.

Those odd-man rushes were really the story of the game. It's partially a product of BC's up-tempo style of play, but it just seemed like Michigan had a 2 on 1 or a clean breakaway every minute or two of this game. It was a theme all night and was the primary reason we lost the game. The biggest goals of the game - the first and third ones - were both the result of Michigan 2 on 1s.

Aside from those goals and the goal Michigan scored on the two-man advantage, Billett was superb. I know, I know, it's a classic "other than those two times he wasn't good, he was really good." But the fact of the matter is, without Billett in net, BC probably loses this game by a lot more. His rebounds were also much improved - much, much improved - though the second goal was a direct result of a bad rebound bouncing two feet from the goal line in the blue of the crease... *Facepalm*.

Less seasoned BC fans might start to get worried about the team right now, going 4-6-0 since mid-November, and no one would blame them. It can get frustrating. But this is pretty much par for the course for Boston College. Start out strong, go through a mind-knumbing mid-season stretch where we are frustrated at times and God-awful at others, and then go on a huge 2nd half run. BC actually looked like a national championship team for the first 16 minutes of the 2nd period, so it's clear the talent is there. Also, the addition of Bill Arnold, who is representing the USA in World Juniors, would definitely have helped.

Oh, and by the way... BC is somehow *still* ranked #3 in the pairwise rankings after the loss today.

BC plays Michigan Tech (Really? Michigan Tech?) in the GLI Consolation Game tomorrow afternoon.

Source: http://www.bcinterruption.com/2011/12/30/2669870/more-frustration-for-boston-college-hockey-eagles-fall-to-michigan-4-2

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Kourtney Kardashian is eating ?whatever? she can while she is pregnant

The 32-year-old star – who has two-year-old son Mason with long-term boyfriend Scott Disick – admits she is having trouble with her diet since announcing she was expecting her second child, and is having to eat anything she can “tolerate”. She said: “I’m just eating whatever I can. Whatever I can tolerate. I think this [...]

Source: http://www.celebritymound.com/kourtney-kardashian-is-eating-whatever-she-can-while-she-is-pregnant/?utm_source=rss&utm_medium=rss&utm_campaign=kourtney-kardashian-is-eating-whatever-she-can-while-she-is-pregnant

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