Stock Prices of Internet Companies

I love MyYahoo, where I have 72 different portfolios consisting mainly of stocks that I do not own in categories that I have defined. So for example, I have a Music & Audio portfolio where I track Audible.com and several other companies. Yahoo makes it very easy for me to track stock prices and news about each company. Today I created a new portfolio that is a hand-picked subset of stocks listed by Yahoo Finance in the Internet Information Services industry. I chose Ediets.com, ECollege.com, Audible, TheStreet.com, iVillage, LookSmart, BankRate, Edgar Online, The Knot, and ADAM.

Learn How to Harvest a Company

Scott Frazier, an extremely active Utah angel investor and entrepreneur, will speak Thursday, Feb. 9th at the UVEF monthly luncheon. Come hear him tell the story about how he invested in and then sold Truvision. This is a great success story. All entrepreneurs ought to be thinking about how and when to exit their company. As E-Myth author Michael Gerber says, every company will eventually be run by someone else, since when you die, you can't take it with you. So start thinking about your harvest or exit or transition now.

What Motivates Me To Be Foolish

No company likes anyone to break news for them. Companies like to control their own news and get their own press coverage. The blogosphere is upsetting to corporate executives everywhere. Many bloggers have lost their jobs over what they have written. It's an interesting time. Against that backdrop, I felt compelled the other day to mention that MyFamily had layoffs and no media (and only 1 blogger) had reported it.