Draper helps take companies "prublic"

[By David Lawsky and Anupreeta Das]

"It's an opportunity for an entrepreneur to get a little bit of liquidity and ... for a venture capitalist to either show that these companies have some real value to them or to sell some."

Venture capitalists invest in fledgling companies and hope to make a return several times that investment by taking the company public or selling it to a larger competitor.

There are 85 companies that have had to pull their initial public offerings because of inhospitable markets, Draper said. He said 200 start-up companies of the "highest quality" are ready to participate in the XChange.

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Top 10 Resolutions for a More Profitable 2009

Hello my dear friends, In the down economy, saving money ... What can we do? What can we do to protect ourselves and re-build our communities? Here are "Top 10 Resolutions..." I have found in article written by Dr. Susan L. Reid:

1. Focus on your primary greatness
2. Be transparent and honest in your dealings
3. Keep it simple
4. Care forward
5. Create a loyal fan base
6. Embrace eco-responsibility as an overall business strategy
7. Master social networking
8. Cultivate a culture of collaboration.
9. Find new opportunities for expansion
10. Strengthen relationships

Loss of jobs. Difficulty maintaining our standard of living. We’re in a worldwide global recession.

We’ve seen financial markets collapse, mortgage lenders go under, home loss through foreclosures, extreme bailout packages, and growing unemployment

More detailed here

Staying relevant in tumultuous times

The Israel Association of Electronics and Information Industries (IAEI) has published a survey detailing the extent of the projected layoffs in the high-tech sector, as pessimism grows about the state of the economy in general and the high-tech sector in particular. The figures reveal that Israel's high-tech industry is on the verge of an acute crisis that could see the loss of 35,000 jobs.

by globes.co.il

Prediction - is not gratifying labour. There are about 2,000 High-tech engineers and IT professionals already lost they job places here in Israel, and more will in near half-year period. (Amdocs, Comverse, Cisco, ...)

Google declares about 10,000 layoffs worldwide, - how big % of them in Israel – we will find out soon … Same dismal mood hover in SAP Israel… (based on my friend expression, - he work there about 3 years and realize that in these days things are going to change).

So, how to stay relevant on current job place or while new job hunting? Absolutely clear – to be pulled out from avalanche of appeals and CV’s HR head hunters has already these days, most important is to have some “distinctive feature”.

Many words are stated and articles are written about how important not only to have profiles in LinkedIn, Facebook, Twitter and etc …, but be an active user on daily basis.

Huge amount information is over on mentioned “social media channels”, and to success to cutch needed job it is very critical to be in first 10 applicants.


But most important thing – START YOUR OWN BLOG !!! Once again – there are a lot of articles available about WHY TO BLOG, but I like to recommend this one - “Save Your Career, Start a Blog” By Joseph Jaffe.

“So, if I may, a suggestion that may not help you keep the job you have, but may help you get the next job-and help you keep it. The advice? Start a blog. Start it now. I'll give you 10 reasons why…”

Summarizing in short, BLOGging:
- self education
- always tuned/updated
- evolution/keeps smart
- in sight progressive community
- indirect self promotion
- ...

(You are more than welcome to enlarge this list)

Some useful tips by ERIC TURKEWITZ

Prediction from Bill Gates

The financial crisis in the US will not lead to the end of capitalism or a depression, Bill Gates told CNN in a television interview broadcast Sunday.

"It's a very interesting crisis," said the founder of Microsoft, adding that the effect of the collapse of the subprime market needs "requires "some type of correction… but fundamentally ... companies' willingness to invest, right now we haven't seen a huge disruption in that."

So, do not expect depression...

And what do you think? Do you believe to prediction of America’s richest man from top of the Forbes magazine's list point view?