"They’re [Private Equity] the sociopaths of investment banking,” she says.
“They come in and raid – raid your bank account and take your accomplishments. It’s all about fattening the pig for the slaughter, with no care about the people or the product.
“I’ve been through three private equity deals, and it was the same thing, every time. They came in, their only focus was their exit strategy, [and] on exit, you are thrown to the wolves.
“I’ve been through three private equity deals, and it was the same thing, every time. They came in, their only focus was their exit strategy, [and] on exit, you are thrown to the wolves.”
Take this time in both hands, in both eyes. Stretch it out like red clay until it reaches tomorrow .. disappearing with a sinking light calling out to you: “hey, there is another day to come. It is just waiting just over the horizon, in tomorrow, with the sun.”
– Read on Path.
When we were in the caves, we were all self-employed… finding our food, feeding ourselves. That’s where human history began. As civilisation came, we suppressed it. We became ‘labor’ because they stamped us, “you are labor.” We forgot that we are entrepreneurs. Muhammad Yunus said that - all human beings are entrepreneurs.
– Read on Path.
According to Jesse Reyes, director of Venture Economics Information Services in Boston, 75 percent of the investment money is now controlled by just 40 percent of the venture capital firms. In 1980, that share was spread across 55 percent of the firms.
He said that in 1995. Read it here.
Hey look, but in 2012, 48% of all capital raised went to just 5.5% of firms.
This post is copy+pasted from Slava Akhmechet's
Perfecting your product’s user experience (UX) means creating something that people truly enjoy using, be it an app, gadget or multifaceted service. Look no further than below and you’ll find a list of 13 excellent UX tips from startups like Square, Path, Uber and more. http://tnw.co/19aiRw6
Here are a few links from around the internet that have sparked Path’s interest last week…have a wonderful week ahead.
Amazingly edible typography
Lessons from innovators they wish they had known when they were younger
Who knew Aldous Huxley wrote and illustrated a children’s book?
Where the diverse landscape of California looks like other places
"Three things never work: Voice chat, printers and projectors." Ten Rules of the Internet
This is begging to be eaten beachside
Calvin and Hobbes! Enough said.
This lomography lens is at the top of our wish list