Here is a great presentation explaining how the subprime crisis came about. (via Prateek).
Watch it in full screen
Subprime
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Cross posted on The Mba karma Blog
Helped by Guy Kawasaki, the famous evangelist from Apple, Truemors boss explains how he built up his Web 2.0 site for just $12,107.09 (about 5 lakhs Rupees). Interesting post, however, I might add that I’m starting up with much much less than that. But it won’t be a story fit enough to be published until [...]
Bootstrapping is out of fashion. Every second company these days goes looking for a venture capitalist, and start off the company firing on both ends. But it you are a budding entrepreneur, and are looking for funding, I must tell you that playing with VC’s has more problems than you know about. They can get [...]
Econlog notices how quickly we take extra wealth, we’ve earnt over the years, for granted.(Link)
Now here is a smart man. I just hope I had had this wisdom a few years back. All in all, to get back to zero credit, I had to pay back four months salary. Just imagine what a drain that can be. It took me over a year to come out it, when I’d [...]
