One of the co-founders of Commission Junction, Per Pettersen, announced in July that he was forming an incubator/holding company called Estalea. He planned to start 3 companies this year. I can't find a company web site and in LinkedIn.com Per is still listed as the CTO at Commission Junction. But I'm always excited to find fools like myself that still believe in an incubator model.
Interesting article about the investor behind KMart. Business Week speculates that Eddie Lampert he may be the next Warren Buffett. He is already worth $2 billion at age 42 and is generating 29% annual returns.
More ecommerce sites are discovering the power of community and community generated content. Today Netflix made a significant announcement about enabling its movie-loving users to share their lists with one another.
One of our portfolio companies, Directory.net, has introduced its Searchability(TM) product to help small and medium sized businesses get high natural rankings on Google, Yahoo and MSN for selected keywords.
I write a monthly column for Connect Magazine. Recently I wrote about some of my favorite web sites and tools in hopes that other entrepreneurs might find them useful. Here's the link: Powertools for Entrepreneurs. Let me know what you think. Do you use other powertools that you think I might find useful?
To all my family, friends and co-workers:
Please download Skype, buy a microphone for your computer, and use Skype for both free voice phone calls and for instant messaging.
40 million people worldwide have downloaded Skype, but in the Skype directory I can only find a few dozen from Utah.
Like fax machines, the value of the Skype network grows exponentially as more people use it.
I want to use this free service, but I'm limited in my ability to fully utilize it because most of the people I know don't yet have Skype.