When the Bible said, “love of money is the root of all evil,” it was focused on the ability of greed to tempt people away from their faith. But you don’t have to be religious to worry about the impact that money has on our minds. As a true blue capitalist, I believe that money … Continue reading Escaping The Mental Money Trap
One of the reasons that VCs and angel investors often get swelled heads is the fact that people kiss our asses all day. It feels good to have smart, talented people speak glowingly of your wisdom and plead for your help. But the dark side of having money is the doubt it creates. If entrepreneurs … Continue reading The problem with having money
Dave Winer is a true technology legend. He founded his first company in 1981, and became a high-tech millionaire in 1987 when he sold it to Symantec…and that was all before he created blogging, RSS, OPML, and podcasting. He’s uniquely positioned to comment on the impact of monetary “success” in Silicon Valley: http://bit.ly/12ABJmx “A few … Continue reading Success isn’t about Money, it’s about Time
In sufficient quantities, money and power are fungible. Just ask Michael Bloomberg. But in lower quantities, they are not. If you are the sheriff of a small town, you have a great deal of power, but even if exploit your power for money, you’re not likely to become a millionaire. If you earn $100K a … Continue reading Money and Power
The US spends more on healthcare than any other nation. We spend more on education than all but Switzerland. Yet the results we get are poor because our approach is wrong. So why would things be any different for your average startup? Money is a turbo booster. It allows you to get to your destination … Continue reading Money is not the answer
Robin Hanson at Overcoming Bias poses this provocative question in his latest post: Many people say they favor redistribution from the rich to the poor because they feel sorry for the poor. The poor suffer from having too little money, and it doesn’t take much money to help them a lot. In contrast, the rich … Continue reading If we redistribute wealth, why not beauty?