I was writing a post before I left on vacation about balance. I struggle with this a lot – the real (and perceived) pressures of my job, travel, time with my family, etc. I was writing about how difficult is can be to balance the business and personal aspects of your life, but now that I read it, it sounds kind of ‘woe is me’ rather than particularly profound (so I’ll spare you and not post it). That said, the spirit of the post is right on – and there’s nothing like vacation to remind you how important it is to find this balance. There’s also nothing quite like a vacation to remind you how important it is to actually…
Posts By / seth levine
The commonly confused words test
I thought I should post this after making such a stink about data being plural and all. Here’s a link to a little word test for those of you (like me) who are interested in seeing if you really have a clue about these things (turns out I have only a partial clue – I scored 93% on each of the beginner and intermediate, 100% on advanced and a paltry 66% on expert). You can take the test here (the direct url in case the link doesn’t work is http://www.okcupid.com/tests/take?testid=14457200288064322170). Thanks to Dave Jilk for sending this over to me. Let me know how smart you are . . .
The Last Days of Enron
The New York Times is running a series of articles on the last days of the Enron crisis (actually excerpts from Times writer Kurt Eichenwald’s forthcoming book on the subject). It reads like a soap opera (by both design and because that’s really what this story amounts to). The amazing take-away for me was just how far Enron had strayed from the most basic forms of financial management (they didn’t track their cash balance, nor did they track when their debt came due – so they had no idea either what they owed or how much they had available to cover that debt). Take a look at the article here (in case the link doesn’t work the url is http://www.nytimes.com/2005/03/13/business/yourmoney/13enron.html?)…
Who Buys Venture Backed Companies
Ernst and Young puts out a quarterly report on the VC industry. It’s full of fantastic data (from their VentureOne group). I just got my book today and am still sorting through it – I’ll put up a post soon with some of the take-aways. Something that struck me right away was the list of the top acquirers of VC-backed companies. They are : IBM (5) Cisco (5) Tekelec (4) C-COR (4) Broadcom (4) Thomson (3) Motorola (3) IAC (3) Alcatel(3) Not surprising to see IBM and Cisco on the list. I was surprised not to see Microsoft, Mercury (both of whom seem to be pretty active acquirers) and a few other names on the list (didn’t Siebel acquire 3…
Google News
In case you haven’t noticed yet, Google has made their news page customizable (see the “customize this page” link on the right of the screen). Not all that surprising a move (what took them so long?) . . . they are a media platform after all – even though they want us all to think they’re really just focused on search . . .
Things I learned on vacation – part I
One of the nice things about sitting on the beach for a week is that it gives you time to think about a few things. I won’t profess to having had profoundly deep thoughts, but I’m working on a few posts that cover some of the topics I was thinking about as I soaked in the rays. First a light topic, but one that actually does have a real message despite its levity. My 13 month old daughter discovered the joy of Oreo Cookies on our trip. Here’s the catch, though – she knew exactly how to eat them. Seriously. Having never ever eaten or even seen an Oreo before in her life, she proceeded to pick up the cookie, pull it apart…
Taking Time
I’m really bad at taking time away. I mean real time away where I’m completely out of touch and can fully recharge – not the run away for a long weekend but bring your laptop with you kind of away. I need to get better at this – it’s not fair to my wife and daughter and it’s not fair to me. Brad is very consistent about taking real time off – he and his wife take one week a quarter where they go away and completely relax. I need to follow their example more. My wife and daughter and I are going to do just that for the rest of the week and into next week. We’ll be soaking…
M&A Part I – Lines in the Sand
I’ve been involved in executing mergers and acquisitions for a large part of my career. I’ve never stopped to count the number of deals I’ve been involved with, but would guess that the total is several hundred, with probably somewhere between 50 and 75 where I had primary responsibility for negotiating (the rest I was an advisor to). I’ve seen a lot of different types of deals over the years and many many different negotiating tactics (my own style varies from deal to deal, and my default style has changed a lot over the years – a topic for another post). Over the next few months I’m going to do a series of posts on m&a – some general comments…
Paying for what you get?
Ever notice that the nicer the hotel you stay in, the more you have to pay for? It seems to me that the more I pay for a room, the more likely it is that I have to pay for local phone calls, internet access, breakfast, gym access, etc. I was thinking about this a couple of weeks ago. I was in San Francisco and staying at a reasonably nice national chain hotel and paying over $200/night for the privilege. On top of that I had to pay forInternet access ($9.95 for crappy 200kps throughput), local calls ($0.75 a pop) and access to their gym ($10/day). Not so when I stay at cheaper hotels(particularly down on the peninsula, but I’ve…
Data are plural!
Ok – short post on a real pet peeve of mine. The word “data” is plural. See the following examples: Incorrect: Them data is cool! Correct: Them data are cool! It’s a minor annoyance and, coming from someone who can’t figure out when to use affect vs. effect, perhaps you should just ignore me . . . but really – data are plural.