Is Tesla Nearly Bankrupt?

New Year’s Eve presents the opportunity to, as a friend of mine said, “get into a car and race all of the drunks back home.” Something I hope we all avoid (hey- use Uber). As we turn the page and move into 2018, it’s an appropriate time to ask the question: Is Tesla bankrupt? What […]

Is it possible to start a business with little to no money? How?

So, I’m driving behind a commercial pickup truck that had this sign on the back: “Not responsible for broken windows” On the back of the truck’s cab, it had this sign: “ Stay back 100 feet. Not responsible for broken windows.” Really, bro? It seems a little unrealistic to think that you can pile a […]

What Happens to The Founder of a Company Backed by Angel Investors if the Company Fails?

I remember a Christmas when I was in grade school, and my mother told me that one of my gifts was “ten feet long”. Turns out it was a basketball hoop. Nice, Mom. Sometimes, are perception of what is true is far different that reality, and unfortunately that happens when a business fails. A founder […]

What Is The Hardest Truth Of Economics?

Complexity can kill. I saw it 20 years ago, and I’m seeing it today, and it’s one of three hard truths about economic and finance. Here’s what I mean: So I was working out at the gym today, and CNBC had yet another story on Coinbase, which is a marketplace where Americans to buy and […]

Why Do So Many Startups Fail?

So, I’m trudging down the hall of “Acme Hotel” at 11pm on Thanksgiving night with my family and our luggage. I drove five hours to get to Thanksgiving dinner, I ate and drank quite a bit (driver was sober- not to worry), and all of us just wanted to go to bed. I noticed some […]