At a time when banks remain reluctant to approve business loans, many are issuing more and more unsecured personal loans. SmartMoney reports that SunTrust Bank handed out 23 percent more personal loans through September 2011 than it did in the same period a year ago, while TD Bank issued 5 percent more personal loans. Wells Fargo and Capital One also say their personal loans are up.
The Enemy is Us | The Ewing Marion Kauffman Foundation on Venture Capital Investing
In “WE HAVE MET THE ENEMY… AND HE IS US” , Lessons from Twenty Years of the Kauffman Foundation’s Investments in Venture Capital Funds and The Triumph of Hope over experience no detail is spared in a direct, unflinching look at how a $2BN, entrepreneurial foundation under performed the S&P 500 through group think and the willingness to be lead.
A long read, and somewhat technical, but truly worth the time. It makes a lot of what we’re seeing make sense.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- S&P / Case-Shiller Home Price Indices
- Mass Layoffs and Unemployment Claims
- Employee Compensation on Par with Inflation, Industry Specific Compensation Varies
- Events of Interest
- June 26: 2012 LA NABE Robert T. Perry Awards Luncheon
- July 25: 2012 LAEDC Mid-Year Economic Forecast
myfilmis.com Offers Distribution Platform to Independent Film Makers
I recently had the pleasure of meeting Matthew Hall, co-founder of myfilmis.com, an online independent film distribution channel. A film maker himself, he was frustrated with the limited number of channels available to independents. The typical route of film festivals and distribution trades shows had produced unsatisfactory results.
myfilmis.com allows film makers to upload all of their work and place it behind a pay wall so they can be compensated by those viewing the film. They can also upload trailers and teasers to attract people to their movie. They also can choose to make the movie available for free. The site categorizes its available films by genre and has a page of trailers for each one.
If you’re a film maker or just like independent films, check out myfilmis.com
INSANE Graphic Shows How Ludicrously Complicated Social Media Marketing Is Now | Business Insider
Maybe this is the reason General Motors went “mental” and pulled its Facebook ad budget.
Why Best Buy is Going out of Business…Gradually | Forbes
“How is that any of your business?” I asked him. “All right then,” he said, the fake smile unaffected, “You folks have a nice day.” He slinked back to his pit.
Bianca Bosker: Is Facebook About to Crash Its Own Party?
Having attracted 900 million users to the biggest party in history, Facebook now has to sell them stuff — without being a buzz kill.
Minute by minute, Nasdaq chaos engulfed Facebook IPO | Reuters
That move to a secondary matching engine used the order book as it appeared at 11:11 a.m. – but this meant new orders and changes in orders that came in later did not show up in the opening price.
Times Square Drum Solo
To see his 2011 effort, where he played up a Brooklyn building, click here.
Young entrepreneur squats at AOL office for 2 months to keep dream alive – CNN.com
Simons evaded security for two months — not to mention having to pay for an apartment, gym membership and more.He said that he spent a total of $30 over those weeks, splurging at Boston Market for his Thanksgiving feast but otherwise subsisting largely by “eating scraps.”
via Young entrepreneur squats at AOL office for 2 months to keep dream alive – CNN.com.
