20 Business Ideas & The VC’s with Cash

Michael Copeland & Susanna Hamner:

The result is this list of 20 tantalizing business ideas, ranging from a host of new websites and applications to next-generation power sources and a luxury housing development. This isn’t small-time thinking, either: These investors -which include some of Silicon Valley’s most successful VCs as well as serial entrepreneurs like Steve Case and Howard Schultz are backing their ideas with a collective $100 million in funding to the entrepreneurs who can get them off the ground.

Silicon Valley Math: Interesting Look at Yahoo’s Potential Deal with Facebook

Michael Arrington:

Rumors about the possible acquisition of Facebook, usually with Yahoo as buyer, have been around for most of this year. Not that Yahoo or Facebook have asked for this attention, but the media is getting antsy. Robert Young put it best last week when he asked – Yahoo & Facebook: Deal or No Deal?. That is certainly the question of the fiscal quarter.


We know that Facebook has been pursued almost since the beginning of its existence. They narrowly avoided a $10 million acquisition by Friendster in mid 2004, just months before they took their first round of financing from Accel Partners. Former Friendster execs say that the deal was close to closing, but last minute negoations over control ultimately disrupted the deal. Since then, Facebook has certainly been approached by every major Internet company.

Gibson on Writing a Book

William Gibson:

I think it may actually get worse, each time! But I also suspect that that may be a paradoxical indicator of relative emotional health. If you’ve ever met anyone who’s writing a book that he or she is convinced is *very* good indeed, you’ll know what I mean. (Swift reading to his servants may be the perfect case in point.)

By the time I’m three-quarters through the writing of a novel, I’ve necessarily lost anything like perspective, and must rely on feedback from trusted daily readers to know whether or not I’ve completely driven the thing off the road. I suspect that the biggest part of the labor of writing, for me, has always consisted of bludgeoning the editorial super-ego into relative passivity, though no matter how thoroughly I’ve managed to stun it, it still manages to send messages to the effect that the work is really deeply pathetic, hideously flawed, and should be abandoned immediately. I tend to imagine that this is what writer’s block is really about, though in my case it’s remained only partionally symptomatic. I manage to ignore those messages, as painful as I still find them.

Lower Interest Rates on the Way? Bill Gross Says Yes.

Reuters:

He said that a clear hint from the Fed that rate cuts are on the way could set up further weakness in the dollar. “Once people start to believe that the Fed will have to cut interest rates in the next three to four months, the dollar’s decline is going to accelerate,” he said.


Over the course of 2007 the dollar could fall more than 5 percent against a basket of currencies, Gross said.


Financial markets have cut the chances of a Fed rate cut by March to about 25 percent after Friday’s stronger-than-expected November payrolls report, from over 80 percent following news of weak factory activity issued on Dec. 1. Futures fully reflect a rate cut to 5 percent by June.


Gross said that over time, the housing market downturn would exert more downward pressure on the overall U.S. jobs market and consumer spending, potentially pushing up the jobless rate.


It could be another one to two years before the effects of the housing bubble are unwound, he said.

24 Hour US Air Traffic Animation

IAG Blog:

This is a very interesting sight. It depicts flights across the U.S. in time-lapse over a couple of 24 hour periods.



It has already garnered nine awards:
#49 – Most Viewed (All Time) – Arts & Animation – All #39 – Most Viewed (All Time) – Arts & Animation – English #87 – Top Rated (All Time) – Arts & Animation – All #37 – Most Discussed (All Time) – Arts & Animation – All #27 – Most Discussed (All Time) – Arts & Animation – English #46 – Top Favorites (All Time) – Arts & Animation – All #39 – Top Favorites (All Time) – Arts & Animation – English #79 – Recently Featured – All #16 – Recently Featured – Arts & Animation – All

Dairy Industry Crushes Innovator Who Bested Price-Control System

Fascinating, by Dan Morgan, Sarah Cohen and Gilbert Gaul:

In the summer of 2003, shopers in Southern California began getting a break on the price of milk.

A maverick dairyman named Hein Hettinga started bottling his own milk and selling it for as much as 20 cents a gallon less than the competition, exercising his right to work outside the rigid system that has controlled U.S. milk production for almost 70 years. Soon the effects were rippling through the state, helping to hold down retail prices at supermarkets and warehouse stores.

That was when a coalition of giant milk companies and dairies, along with their congressional allies, decided to crush Hettinga’s initiative. For three years, the milk lobby spent millions of dollars on lobbying and campaign contributions and made deals with lawmakers, including incoming Senate Majority Leader Harry M. Reid (D-Nev.).

Last March, Congress passed a law reshaping the Western milk market and essentially ending Hettinga’s experiment — all without a single congressional hearing.

“They wanted to make sure there would be no more Heins,” said Mary Keough Ledman, a dairy economist who observed the battle.

At the end, participants said, Reid was plainly exasperated. “I’m not listening to any more of this,” he said. “I’m out of here.”

Reid made his move on Dec. 16, with the Senate chamber nearly empty. He brought up the milk bill, which passed a few minutes later by “unanimous consent,” a procedure that requires no debate or roll call vote if both political parties agree. Reid and Kyl said in recent statements that their goal was to level the playing field for milk producers.

Our elected officials at work.

Imogen Heap’s Playlist Suggestions

Winter Miller:

THE British synth-pop singer-songwriter Imogen Heap is a devotee of found sounds. Her do-it-yourself music uses the noises of trains, thumping metal gates and cardboard carpet tubes as well as orchestral spirals of harps and trumpets. Though a pianist at heart, she embraces the blips of electronica and computer-programmed, multitracked vocals. Ms. Heap, who contributed silky, metallic vocals when she was part of the alt-pop duo Frou Frou, has done well with her second solo album, “Speak for Yourself” (Megaphonic/RCA Victor), which appeared last year. Songs from it continue to pop up on film and television soundtracks (most recently “The Last Kiss,” “The O.C.,” “The Chronicles of Narnia,” “CSI” and “Six Feet Under”). Ms. Heap, 29, is touring the United States through December. She recently spoke by telephone with Winter Miller about what she’s listening to now.

Iraq Update

Fabius Maximus“:

To some, defeat implies a victor. North Vietnam and its allies in the South defeated us thirty years ago. Nothing like that has occurred in Iraq. The collapse of Iraq has no obvious victors. Even Iran might suffer if the instability spreads across the Middle East’s porous borders.


But there are other ways to lose. We’ve found one.