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A Couple of Links For You |
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Jul 03, 2009 - by kidmercury
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Apologies for missing yesterday's post, it's been a crazy couple days for me. The astrology of July is very fascinating, this is one of the most astrologically jam packed months we've had in a while, so expect chaos and a flood of potentially overwhelming emotions, particularly around the eclipses on July 7 and 21. Perhaps some of you with more shamanistic tendencies can feel it in your spirit. More on the astrology of this in a future post.
In the mean time, I wanted to share with you all some links that readers have been emailing me.
1. USMediaandIsrael.com. A site that illustrates how AIPAC, a lobbying organization representing Israel's interests, controls much of the American media -- the site focuses on its influence over The New York Times. American taxpayers basically work for Israel, when one considers how much influence the Israeli lobbying groups have, how much foreign aid goes to Israel, and how US military policy is decided. I'll conclude with my standard disclaimer, which is that I don't hate Israeli people, I don't hate Jewish people, I'm not an idiot and don't hate people based on race/nationality/religion. I do, however, think the Israeli government, like most governments, and lobbying organizations like AIPAC, are quite shameful, and we should not be afraid to say this. The American government is also extremely shameful and we should be shouting that out loud as... [Read More]
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0 Replies | 1 Views
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Raising Money, Round II |
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Jul 01, 2009 - by kidmercury
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We recently discussed the future of valuation, and how valuation, like economics, is currently a broken science desperately in need of new paradigms. As I noted in my post on Bowie bonds, I think debt-based fundraising is favorable, and perhaps is connected to how the credit and banking industries are disrupted and re-built.
The issue has been on my mind lately, as we've decided to try raising money for my trading site. I previously tried to raise money for "the big idea," which is to create the platform that produces niche communities like my trading site, and allows them to connect and users to create an identity across all these communities. The little effort we put into raising money for the big idea proved to be unsuccessful, which in hindsight is almost certainly a blessing in disguise. My busines partner, however, has convinced me that now is a good time to raise money, as we have the model figured out and working, can now spend wisely to scale. We know what we need to spend on, we both have experience managing and building teams, so we are confident that we can execute this properly, and that if we raise a relatively small amount of money (like $1 million) we will be able to take that very far. As we are profitable and cash flow positive, we can also start issuing a cash flow back to... [Read More]
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0 Replies | 50 Views
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Hyperinflation Nation |
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Jun 30, 2009 - by kidmercury
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Phew, the work and stress never end, let me tell you. Somehow revenues are increasing yet stress is as well. How the f does that happen.
Anyway, I did have a post planned for today on the changing nature of work culture -- i.e. what my business meetings are like, versus what they are like for those operating out of a more traditional corporate mindset. But I don't have the time or energy for it today, so perhaps another time.
But of course you come to KidMercuryBlog for the truth that sets you free. So the least I can do is embed this video, Hyperinflation Nation, which is a short movie that explains the problem surrounding the US dollar. Watch and share. I'll be back with a full original article tomorrow.
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0 Replies | 43 Views
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Mid-Year Review |
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Jun 27, 2009 - by kidmercury
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Since we're about at the end of June, I figure it's time for a mid-year review.
1. My business is growing, as we've started hiring some independent contractors, and have enough money where I could afford moving to an apartment I wouldn't be embarrassed to show people, the first time I've been able to say that since 2006. That's great. The bad news, or should I say the frustrating/challenging news, is that there is still the feeling it could fall apart at any moment. For instance now that we are increasing expenses, we run into the potential "death by growth" scenario, in which we make a few wrong bets and thus take steps backwards in terms of profitability and growth. Is that what will happen? Hope not, nor do I think it will -- but of course, only time will tell.
2. In terms of my personal life, I have become a bit more social. June was a fun month, the most fun I've had in a long time, even if it ended somewhat tumultuously. Of course it's hard to enjoy much of anything when we're still in business survival mode. The good news, I suppose, is that I've been in survival mode for a long time -- possibly since birth, depending on how you count things. So at least I've gotten use to the stress of it all.
3. Ten original songs written, including the cult hit "Proud to be a Conspiracy Theorist," widely regarded as the best song ever ... [Read More]
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0 Replies | 54 Views
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Kid Mercury's Blog: Delivering the Truth That Sets You Free
