THAILAND, PHUKET TOWN : A devotee of the Chinese Bang Neow Shrine with swords inserted into his cheeks takes part in a street procession during the annual Vegetarian Festival in the southern Thai town of Phuket on September 29, 2014. During the festival, which begins on the first evening of the ninth lunar month and lasts nine days, religious devotees slash themselves with swords, pierce their cheeks with sharp objects and commit other painful acts to purify themselves, taking on the sins of the community. AFP PHOTO/Christophe ARCHAMBAULT
Bad Notes on Venture Capital -
Amazing post by Suster on everything that is wrong on convertible notes. A must read if you are an entrepreneur accepting all the copy and paste of your lazy lawyer, or if you are an investor about to get screwed by a CN :)
By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest. —
(Source: missfolly, via stoweboyd)
On the last weekend of summer, we hope you can appreciate this California-shaped pool. It belonged to architectural historian Charles Jencks, whose home The Times wrote about in 1986.
"When you design a building, you’re designing it to live a good life–to personify and symbolize the good life," Jencks said. Read more.
Photo: Ken Lubas / Los Angeles Times archive / UCLA Library
Oh my god. Beautiful.
When SAP, and, specifically Hasso Plattner, said they’re going to build this in-memory database and compete with Oracle, I said. God, get me the name of that pharmacist, they must be on drugs. —
The Most Controversial And Entertaining Things Larry Ellison Has Ever Said
Peter Thiel was not the only one inferring that certain tech company executives were taking illicit substances…(via marksbirch)
Larry is one of a kind. No Silicon Valley executives are like him these days.
(Source: Business Insider, via marksbirch)
The Man Who Keeps Bill Gates Rich -
Fascinating profile of Michael Larson, the head of Cascade Investment LLC — aka, the secretive fund that invests most of Bill Gates’ wealth. A couple fun tidbits from Anupreeta Das & Craig Karmin’s reporting:The firm owns at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states—or an area seven times bigger than Manhattan.
And:Cascade employees are expected to be frugal. Even though Mr. Gates owns nearly half of the Four Seasons Holding Inc. luxury-hotel chain through Cascade, the investment firm’s executives stay at less-expensive hotels, even when traveling on Four Seasons business.
They also own the Charles Hotel in Cambridge, Massachusetts, the Ritz-Carlton in San Francisco, and a 490-acre ranch in Wyoming once owned by William F. “Buffalo Bill” Cody.
A classic by Paul Graham: How to Raise Money -
I often get asked about fund raising strategies, here is all you need to know especially if you are in the US or any other developed market. If you are in a crazy market such as Latin America, there are a few tweaks here and there :)
Why Hollywood People Never Say 'No' - Hollywood Reporter -
Great article about the different types of NO’s :)
So in Hollywood, where, as the late comedy legend Larry Gelbart pointed out, the truth is as stretchable as a limo, and one’s business persona and personal life are codependent, an overabundance of caution inevitably filters down to the most mundane transactions. This makes turning down a date, a dinner or a charity as fraught as greenlighting the next installment of a fading action franchise.
Don Draper's Four Rules of Selling -
Mad Men’s Don Draper is a “get its, get it”. Thanks to Oren Klaff’s brilliant book, Pitch Anything, I am now a fan. If you have not yet read Pitch Anything, I highly recommend you do so.The traits
Great post all around, especially the four rules:
Go get the details :)