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So, I'm back from a trip to Vista, and back to blogging. It was a tough trip, and a good trip; tough, because I had to do performance reviews, which are hard, and good, because I did them, and it went [I think] pretty well. I have great people in my team and that makes reviews harder; sure, it is fun to celebrate their skills and accomplishments, but it is hard to find places where they can grow and become even better. And that to me is the real goal of performance reviews. So anyway I survived, and now it is back to the wider world. What's happening?
Meanwhile the stock market continues to suck air. I don't think it has much to do with the election, this is a result of the housing bubble and subsequent credit crunch. I fear it will be worse before it gets better, and the Federal Reserve has pretty much run out of bullets to help.
A classic? Apparently the Boston Globe published a paperback entitled "Unbeatable", celebrating the Patriots 19-0 season. Precelebration is the root of all failure. Marc Andreessen: Silicon Valley after a Microsoft / Yahoo merger. "The Microsoft/Yahoo deal, if it happens, means very little for the entrepreneurial climate in Silicon Valley, or the opportunities available to you and your startup." [ via Brad Feld, who agrees with Marc ] So, I don't agree; perhaps this merger isn't the end of startups in Silicon Valley, but it will hurt the exit climate. Bill Burnham agrees in his Take II, and makes a key point: "Indeed the most important party in any deal is not the actual buyer but the second place bidder and Yahoo had seemed to make a career out of being the second place bidder lately." Mårten Mickos, CEO of MySQL: Why did I change my mind? Regarding his decision to have MySQL acquired by Sun. It is an interesting think piece; when people say "it's not about the money", it usually means it was all about the money. But he makes some great points. I would have to disagree with him that "users loved it"; I think they accepted it and didn't hate it the way Yahoo users are reacting to the idea of being acquired by Microsoft, but I think they would have preferred MySQL stay independent. Mark Pilgrim: writing with ease. In which he writes without "e"s. I love Mark. |
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