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When I was in college Prince used to sing “we are going to party like it´s 1999“. That´s what the markets are singing now. The problem is that 1999 was almost a decade ago. But the value of stocks now is the value of stocks in 1999. If you [...]

Lunch with BankersBankers are so scared. I have never seen anything like this. Of course everyone else is scared as well. In this video I talk about my last meetings with different bankers.

Today we are announcing the launch of the first Fonera 2.0 Beta DEVELOPERS ONLY Edition in our French, German and Spanish online shops. It is a limited edition of 1K units at a reduced special price
of Euros 39.95 (VAT included). This first Edition of Foneras 2.0 is intended for Developers to be able to start [...]

I just found out that Martti Ahtisaari, the father of my dear friend Marko Ahtisaari has won the Nobel Peace Prize. In times like this when global recession is almost a certainty men lke Martti Ahtisaari, who are few and hard to come by, will be in more demand than ever. Last time [...]

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Both Danny Rimer of Index Ventures and Mike Moritz of Sequoia are my partners in Fon. At the same time I am an investor in Danny Rimer´s fund. What I would do if I was a top tech VC? (I consider Mike Moritz the top tech VC in USA [...]

Before the rescue packages were announced I said in my blog that a gigantic rescue package was needed to restore the economy. In an article in the Huffington Post entitled Robin Hood Bush I also said that these packages could actually make money for the taxpayer as government bought mortgage pools for what the [...]

In 2005 I wrote this short article called Is Writing Dead?. In this post I predicted that writing as we know it was going to fade away and that writers were going to evolve into formats that integrates all the possibilities of digital life. This morning my son Tom and I were watching [...]

I was just reading about how Russia lent 4 billion euros to Iceland to shore up its financial system. I was very surprised that the EU or USA had not helped out. The Iceland bailout maybe the beginning of bailouts of small countries by larger countries. A global financial crisis such as [...]

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US please tell every bank depositor that all their savings in US banks regardless of the amount, are insured by the FDIC. Not doing this is creating silent runs on banks. Especially from big customers who can go outside USA. Moreover it is making people move away from banks as [...]

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via CrunchBase

A year ago my friend Loic Le Meur already had 5000 friends in Facebook and was complaining that he maxed out. Indeed at the Monaco Media Forum he asked Owen who since then left Facebook why wasn´t he able to export his friends into another more “friendly” platform. At that time [...]