Are There Enough Altruists to Profit From?
While activism is virtually synonymous with “not-for-profit,” a San Francisco startup called Virgance has begun a slew of campaigns that aim to make money off of activism. As reported in The Economist, one campaign is a “green venture fund” on Facebook where users can invest their money (as little as $100), with Virgance getting a Read More »
For Madoff, Reputation Is Apparently a One-Way Street
Our friend James Altucher, in an interview at Yahoo!’s Tech Ticker, talks about visiting Bernie Madoff and his son Mark back in early 2005 to pitch them his fund of funds: I had a fund of what’s called PIPE [private investment in public equity] hedge funds. And I went through the whole pitch. My returns Read More »
Los Angeles Transportation Facts and Fiction: Freeways
We’ve been running a quiz about stereotypical views of transportation and urbanization in Los Angeles. Consider a headline that ran in The New York Times in 2006: “In Land of Freeways, Mass Transit Makes Nary a Dent.” I’ll soon address the issue of Los Angeles transit. In the meantime, did you, like The Times‘s headline Read More »
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