Why Facebook Should Buy Waze
The social media giant needs more mobile traction. Navigation startup Waze might be the $1 billion answer.
Tomio Geron, Forbes StaffThe social media giant needs more mobile traction. Navigation startup Waze might be the $1 billion answer.
Tomio Geron, Forbes Staffin the face of the inevitable challenges of entrepreneurship, should you persevere, pivot, or shut down?
David Teten, ContributorIf you think it’s ultimately your call as to how much compensation is paid out to you and your employees, you may be in for a surprise. Does the term “reasonable compensation” come to mind? Reasonable compensation is not just a term that describes your pay practices, it also has a meaning in tax law. As you consider your pay practices, particularly for you and your key employees, it is important to keep some compensation issues in mind. read »
This week we found out that the federal government tracks every phone call we make. On the one hand, it’s unsettling. On the other, if it helps stop terrorist attacks, it may be worth it. In some ways what was most disturbing about the revelation was its secrecy. Our instinctive response is mistrust: our government wasn’t being open with us. And we all want open leaders. read »
Venture capitalist Richard Lim of GSR Ventures didn't give away much with his comment "We've been busy, " when I caught up with him at a recent technology conference and asked him about the NYSE IPO of his Beijing-based deal, online retailer Light in the Box. read »
Finally, after the long drought of IPos from India, mobile search company JustDial made it out of the gate and closed at a 15 percent gain in its public offering on the National Stock Exchange. read »
In last week’s column I suggested one perspective for looking at the PPACA (Patient Protection and Affordable Care Act) was in terms of a business’s employee headcount. Everyone has their own perspective and spin for how to deal with the law. I just reviewed two documents designed to help employers prepare for their major health care decisions in 2014. One, from a law firm, called it “Section 4980H Readiness Chart.” The other, by an insurer, titled theirs “A healthcare reform roadmap.” These documents[...] read »
The passing of John Bierwirth, who led the Grumman Corporation in the seventies and eighties inspired me to fire up the wayback machine. Mr. Bierwirth did not show up in any published tax decisions, but there is an interesting pension decision that features him. That would be Raymond J. Donovan Secretary of Labor v. John C. Bierwirth et.al. which was decided by the Second Circuit in 1985. The suit by DOL against Mr. Bierwirth and other trustees of the Grumman Corporation Pension Plan was collateral[...] read »
Out on the wild Beara peninsula of West Cork, a place so stony it looks lunar except when sun danced visions ricochet off the Atlantic, there resides a remarkable artist who is so hungry for spontaneity that he paints with his fingers. Billy Griffin, a former roustabout who graduated to doing far flung drilling deals under contract for Chevron and Shell, is one of those free spirits who loom large in the creative nooks and crannies of Ireland’s far west. read »
The arrival of the billionaire angel investor and the rise of the serial entrepreneur in China are trending as hot topics in the Chinese venture and techpreneur community as a new era unfolds. But don't count on it all working out. read »