You really need to study Mary Meeker’s brilliant Internet presentation.
Here’s the download link. Internet_Trends_2014
Meanwhile, here are a few clips of her 164-slide massive, beautiful, informed presentation:
Weekend reading:
+ How to Fix the Veterans Affairs Mess. Why do the VA and Defense Department operate parallel health-care systems? Maybe it’s time to combine them. From the Wall Street Journal. Click here.
+ Health Care Fraud. How to hand over $272 billion a year to criminals. From the Economist. Click here.
+ How to keep Asia roaring. Over the past two decades Asia’s companies have enjoyed huge success. But now they need to reform to become brainier, nimbler and more global. From the Economist. A special report. Click here.
A Chromebook, an iPad, a Microsoft Surface Pro 3, a laptop or an iPhone?
You now have major choices if you want something portable. I use a laptop — a ThinkPad X230 — and an iPhone 5. My main criterion is the keyboard. Laptops tend to have the best. But my friend Frank Derfler loves his Chromebook which has one big plus: It’s much cheaper than a laptop. He says it’s basically a Wi-Fi device. Without Wi-Fi, it’s not especially useful. Read about Chromebooks on Amazon.
Should I own a sports team? Don Sterling bought the Clippers in 1981 for $12.5 million. Forbes valued the team at $575 million before the sale to Steve Ballmer (of Microsoft fame) for $2 billion. That’s a compounded return of 14.2% — ignoring any dividends along the way. Which probably didn’t happen. Most sports teams are not profitable. Owning a sports team is at the top of the list for “big boys toys”, so the saying goes.
Better that Ballmer messes up the Clippers than Microsoft. Meantime, my friends at Microsoft tell me they’re not feeling the new guy’s presence. Sadly, he’s not an entrepreneur. He’s been a Microsoft company man for eons.
Favorite test:
Favorite car accident:
Favorite useless information:
Favorite logic:
Favorite scam.
Greetings,
My name is Simon Prescott an aide to Mr.John Yakubu Yusuf,the Chief Accountant of the Nigerian Police Pension Office.who was an accountant and the former assistant director in the Police Pension office,was accused of misappropriating the sum of N20.154B. He was accused of pilfering the sum of N1.3B and N1.7B.Firstly it is important that you understand why I am contacting you. I intend for us to carry out a transaction to our mutual benefit.I am in possession of $12.5M belonging to him and this fund is presently deposited in a facility overseas and I have the documents.I would like to hold back some information for security reasons for now until you respond to me.
Harry Newton who is planning a great weekend, with lots of tennis playing and watching. The French Open (called Roland Garros) is playing on The Tennis Channel.
Mary Meeker is positive on Internet innovation. Tell your kids to look at her PowerPoints. Maybe they have another Uber in their imagination? Mary also has slides in her presentation showing the plummeting cost of starting an Internet business, and the incredible psychic and monetary rewards.
Unfortunately, the VA Medical system is a government run – centrally dictated – operation and a predictor of where the Affordable Care Act is taking us. The privilege few along with their government collaborators will have their own far better system, no surprise. For the rest, when you take the patient out of the decision process and eliminate real choice, you are guaranteed the mess and dishonesty that we now, finally(!), see in the VA disgrace. A disgrace that existed for at least ten years. The solution is not more money, but competitive choice.