Quoted: The book is finally closed on the disaterous AOL-Time Warner deal. Nine years after the two companies completed the second largest deal on record, AOL CEO Tim Armstrong rang the bell at the NYSE this morning and AOL and Time Warner will officially be separated. The deal is regarded as the worst of the decade?

Quoted: So NetJets offers its customers one-sixteenth ownership of an aircraft to be shared with fifteen other customers, each one entitled to fifty hours of flight time per year. Starting at $375,000 (plus pilot, maintenance, and other monthly costs), owners can purchase a share in a $6 million aircraft.

Quoted: These are the kind of application that the vendor is unlikely ever to consider a core feature, usually because it’s vertical — it’s not something everyone is going to want. There is exactly zero chance that Apple is ever going to add a feature to the iPhone for dentists. Zero.

Quoted: I've said it a few times on this blog recently as offhand comments, but I feel compelled to say it a bit more loudly. I think we will see the end of the IPO drought for venture backed companies within...

Quoted: Yesterday, TechCrunch reported the news that Yahoo! is planning to shut down Geocities. That is sad news on many levels. Geocities was the web's first community and it was my first "mega deal" when it was sold to Yahoo! in...

Quoted: I took some time on Sunday afternoon to read Warren Buffett's annual letter. I don't make it an annual practice to read the Berkshire Hathaway letter as many do (nor have I ever been to the shareholder's meeting which Buffett...

Quoted: I think that's an important part of the economics of the web that are left out of most discussions of Internet business models. Yes, we are turning analog dollars into digital pennies in many cases. But we are also doing the same thing on the cost side, maybe even more so. And I think that "operating leverage" is going to create a lot of value.

Hard to argue with these points.

Quoted: 3. Focus on “must have” products/features with large markets. Nice-to-have stuff all goes out the window quickly. This means avoiding merely “lower cost” or “higher productivity” plays. At CMEA we see a lot of technology entrepreneurs optimizing a small part of the solution.
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4. Look for existing sales channels you can tap into. Developing new channels can be the highest cost for a startup, and is not a good use of venture capital.

There is a handy wizard for determining a recommended corporate structure (LLC, S-Corp, etc.) and state of incorporation for your business.

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