Category Archives: economy

Yahoo’s Secret Layoff Double Speak Revealed

So I found this link yesterday thanks to twitter and couldn’t help sharing it with all of you out there. The only reason we all have a copy of this right now is because Yahoo has been firing people like mad. Given the inter-connectedness now of tech communities around the world, it has been very easy to pick up on some rather confidential documentation that has been swirling around as people get layed off. A great example of this documentation is Yahoo’s firing policy. This is one for the books. Take a look at the link below:

Yahoo’s Secret Layoff Double Speak Revealed: Valleywag

Yahoo isn’t firing people en masse — it’s “getting fit.” That noisome euphemism for today’s layoffs of 1,500 people must have hissed forth from the brain of some overpaid management consultant. Likewise for pages upon pages of instructions on how to sack employees — which Valleywag has obtained.

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Filed under business, credit crisis, economy, technology

Y Combinator is Dead

Here is a really interesting post I found today about what this author calls the so called ‘death’ of the Y-Combinator model. For those of you that do not know what Y-combinator is, it’s a start up incubator that basically takes good ideas with strong passionate teams, gives them a bit of money to build a prototype so they can then go out and raise a real round. However, this author thinks that this model is no longer valid and gives some rather … interesting suggestions. Read more at the link below

Y-Combinator is Dead: James Siminoff

Sadly, and I truly mean that, I believe that the Y Combinator model is dead.  The idea that you can put something out there on the cheap, get traction and then raise a quick “real” round no longer seems to be valid.  While there will always be exceptions to this rule, from what I can see the market for these companies to the VC’s is mostly dead.

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Filed under business, credit crisis, economy, entrepreneurship, finance, technology

Bringing Sexy “DC” Back

Interesting article I read from EcoGeek via Greentech Media… http://www.ecogeek.org/content/view/2346/.  I never knew that computers and LEDs ran on DC power…  hybrid AC/DC buildings might be the way of the future for consumer cost savings and overall sustainability. 

Brief overview of DC Electricity http://www.school-for-champions.com/science/dc.htm

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Filed under consumer habits, economy, energy, technology

And we really wonder why we are in a financial crisis!?

Can someone please help me logically justify the rate of return on “investing” $12 billion a month on the war in Iraq? Is that really what the oil reserve in Iraq is valued at?  I assume more if you include inflation over the past 5 years.  WTF.

For more insane statitics from US Senate and Congressional Services please read this article http://usliberals.about.com/od/homelandsecurit1/a/IraqNumbers.htm

On a related topic; GM, Ford, Chrysler are on the brink of collapse and along with it millions of jobs resulting in the ripple effect.  I know Micheal Moore can be a bit out of this world at times but he brings up a valid point in his appearance on Larry King Live .  I think he couldn’t be more correct in comparing Roosevelt’s WWII era policy to Obama and our financial crisis. The need to overhaul the auto industry into a mass transit, light rail and hybrid manufacturing powerhouse is really the only solution (status quo is obviously not cutting it).  This will be a real chance for the US and so be it the world to take our next step in financial and political evolution a.k.a the Synergism Hypothesis. Could this be the end of capitalism?

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Filed under community, economy, energy, politics, productivity, technology

Will humans live to see 10G or even 20G wireless technology???

From the creation of the internet by Tim Burners Lee in 1989 to the latest technology running in 3G wireless networks, the world has literally seen what some call the greatest human invention of all time grow up right before their eyes.  (Always funny to think about what work must have been like before 1990… no email, no social networks, no research… weird)  Now the next logical step in the evolution of the internet is 4G wireless technology that will bridge the trillions of wireless devices that the world will be using.  Check out the latest project from the EU called MAGNET Project http://www.gizmag.com/magnet-beyond-project-4g-wireless-world/10380/.  How much further can wireless technology go?

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Filed under community, economy, productivity, technology, web 2.0

Bioethanol from Olive Stones

I read this article on Gizmag Bioethanol from Olive Stones and it slapped me in the face.  Living in Turkey, I see a lot of olive trees.  Not just a lot but A LOT.  Albeit I absolutely despise the taste of olives, I love every other product that comes out of the incredible fruit.  And now reading this article on how we can produce ethanol fuel from the stones, I am just couldn’t help myself to do an early Saturday morning brain teaser.

After a little research Olive Growing in Turkey, I roughly calculated that Turkey produces 1.808 million tonnes of olives (16 million world production, Turkey produces 11.3%).  From the first article, about 25% of an olive is the stone which leaves 450,000 tonnes of stone for biofuel production.  Converting the stones to kg leaves 450,000,000 kg.  If 100kg of stone produces 5.7kg of ethanol, then a quick calculation means that Turkey could potential produce 25,600,000 kg of ethanol.  Converting to a usable scale in liters, ethanol has a density of 0.789 kg/L,  leaving 20,198,400 L of ethanol as an untapped resource in Turkey.  Interesting to say the least.

FYI Henry Ford designed the first mass-produced automobile, the famed Model T Ford, to run on pure anhydrous (ethanol) alcohol—he said it was “the fuel of the future”.

For Reference: (Random google searches)

7.6 liters ethanol from 100 kg wood waste

24.3 liters ethanol from 100 kg corn waste

40.2 liters ethanol from 100kg corn

1.1 liters ethanol from 100kg sugar cane

6.23 liters ethanol from 100kg sugar beet

Further reading material; Ethanol Fuel, Curing the oil crisis: Starch or Sugar based Ethanol versus Cellulosic Ethanol

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Filed under economy, energy, technology

Buy American. I am.

By Warren Buffett

THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.

So … I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.

Why?

For the rest of the article from NY TIMES http://www.nytimes.com/2008/10/17/opinion/17buffett.html

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