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Yesterday started great and ended in a funk. Today started in a funk, descended into serious badness, but got better at the end. Whew.
Not surprisingly, Venture Capital fund raising plunges in first half. It is a trailing indicator of the availability of exists, the IPO market and the M&A market. Those will have to improve first, and the funds will follow.
A rather optimistic take: how nanopayments finally came of age. The idea being that social networks like Facebook somehow provide an infrastructure for micropayments that didn't exist before. The fundamental problem is that authentication, fraud, settlement friction, etc. impose a certain cost on each transaction, and that is more than the value of a typical micropayment. More nano: I like this: Feynman's Path to nanotech, from the Foresight Institute. His 1959 talk, "plenty of room at the bottom", remains seminal in the field. What an amazing, influential guy. File this under 'unclear on the concept': printed blog publication fails. It might have worked on the Kindle :)
Weird/good information: rear lights, flashing or solid? I always have a flashing taillight on my bike, on the theory that it makes me more visible. But perhaps (according to this article) being more visible is not a good thing; apparently it can attract drunk drivers to you. Wow.
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