This Is What I Learned From 3 Of Silicon Valley's Giants
The other day, an old friend asked me an interesting question: What was the best piece of career guidance you’ve ever received? As one who has had the fortune of working for or with industry...
View ArticleJCPenney Employee: 'I Fear We Are Turning Into Sears, The Laughing Stock Of...
There are big changes happening at JCPenney under new CEO Ron Johnson, and not everyone inside the company is happy about it. One regular JCPenney employee sent an email to the Consumerist about what's...
View ArticleSorry, Entrepreneurs, Just Because You Tried Hard Doesn't Mean You Deserve A...
RRE partner (and BI investor) Stuart Ellman wrote this post a couple of years ago. In light of the recent cult of startup-worship and controversy about whether it's appropriate or "nice" for anyone to...
View ArticleAfter 2 Years Of Pivots, ShowMe Finally Has A Sticky Product -- 500,000...
Two and a half years ago, San Kim presented a startup called Easel on stage at DreamIt Ventures Demo Day in Philadelphia. The former high school math and science teacher presented interactive...
View ArticleThere's No Need To Hire A Lawyer When These Sites Let You Do It Yourself
Four years ago, Michele Ellson created an online community newspaper,The Island, in Alameda, Calif., under a limited partnership. But she didn't hire an attorney to form the LLC or file the...
View ArticleThis Man's Facebook Account Was Hijacked By The Repair Guy At Best Buy
Best Buy has a less-than-stellar reputation for its customer service, but this is the most ridiculous story we've heard so far. Customer Rich Dewberry says that he brought in a cell phone to Best Buy...
View ArticleMADNESS: Coors Light Just Fired The Ad Agency That Helped It Beat Budweiser...
MillerCoors fired ad agency DraftFCB from its Coors Light brand just four months after Coors Light sales overtook Budweiser to claim the No. 2 best-selling spot in the U.S. Coors Light sales grew 0.8...
View ArticleREVEALED: How Long Customers Will Stay On Hold Before They Blow Up
Consumers on hold with a customer service representative hang up after reaching a "boiling point" of 13 minutes, according to a recent survey. Then, they're likely to ditch that company for another...
View ArticleThe Lessons I Learned From Investing In Kiva Systems (AMZN)
Yesterday, Amazon’s purchase of Kiva Systems for $775 million officially closed. Mick Mountz, Kiva’s CEO and Founder, and his team did an amazing job of creating, building, and commercializing a...
View ArticleLAST CHANCE: Here Are Five Reasons You Don't Want To Miss Startup Tomorrow
Cool companies like Facebook, Gilt Groupe, and Dwolla will convene tomorrow, May 3, at Business Insider's fourth-annual Startup conference on entrepreneurship in New York City's midtown. You should...
View ArticleMORGAN STANLEY: Selling Cigarettes Will Be HUGE For Family Dollar (FDO)
Family Dollar is going to start selling cigarettes and it's expected to be a big boon for business. Morgan Stanley's Joseph Parkhill writes about it in a note to clients today: We believe the rollout...
View ArticleEight Products The Facebook Generation Will Not Buy
Consumer tastes are changing at a greater rate than ever before. Not surprisingly, the purchasing habits of the youngest generation present the most dramatic shifts — a reflection of what they find...
View ArticleJCPenney Is Quietly Firing Lots Of Middle Managers Across The Country (JCP)
Ron Johnson's plan to transform JCPenney continues to roll along, and many of its workers on the frontlines aren't happy about the changes. JCPenney cut a bunch of middle managers across the country on...
View ArticleBeing Half Of A Lesbian Couple Doesn't Make Money Issues Any Easier
In our LV Moms’ Money Mic series, we hand over the podium to people with controversial views about money and parenthood. These views are theirs, not ours, but we look forward to opening up the floor...
View ArticleThe Reason So Many Business Deals Go Wrong In China
Poor communication and language barriers are costing companies a lot of money, yet executives aren't doing enough about it. According to a new report by the Economist Intelligence Unit — a business...
View ArticleLowering Taxes On Manufacturers Won't Help Small Business
President Obama wants to help Americanmanufacturers by allowing them to pay lower taxesthan other businesses. His tax reform plan sets a maximum corporate rate of 28 percent, but proposes a maximum...
View ArticleThese Are The 11 Most Bizarre Products Hammacher Schlemmer Is Selling This Month
Every few weeks, the Hammacher Schlemmer catalog bestows a new, often ridiculous, invention upon the world: the dog dung vacuum, the deep frying portable grill, the hovercraft. The 164-year-old company...
View ArticleUPDATE: Popchips Yanks Ashton Kutcher's Racist Ad
UPDATE: Popchips has pulled a YouTube video featuring Ashton Kutcher in brown makeup as an Indian character, "Raj," who uses a video-dating service. Popchips CEO Keith Belling wrote on his blog: "We...
View ArticleThis Young Lawyer Is Owed $415,000 By Collapsed Firm Dewey & LeBoeuf
A 2006 Penn Law grad is one of imploded law firm Dewey & LeBoeuf's 20 largest creditors. Dewey filed for bankruptcy in Manhattan late Monday. The once-gigantic law firm blamed its downfall on the...
View ArticleDon't Do Business In China Unless You Understand The Concept Of Mianzi
It's no secret that doing business in Asia requires an entirely different mindset. There's a stronger culture of deference and obedience, which plays deep into how corporations are run. This ethos...
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