business
distrupted by dan lyons
May 14
Disrupted: My Misadventure in the Start-Up Bubble by Dan Lyons

Disrupted: My Misadventure in the Start-Up Bubble by Dan Lyons

“With a cast of characters that includes devilish angel investors, fad-chasing venture capitalists, entrepreneurs and ‘wantrapreneurs,’ bloggers and brogrammers, social climbers and sociopaths, Disrupted is a gripping and definitive account of life in the (second) tech bubble.”

Disrupted is incredibly entertaining at times. And, Lyons makes many entertaining, relevant and serious points about the absurdity of the digital startup, HubSpot, and its young and dysfunctional culture. However, the story lacked balance, and I found Lyons to be somewhat of an unreliable narrator. That being said, this is worth a read and a page turner.

Click to learn more or purchase Disrupted: My Misadventure in the Start-Up Bubble by Dan Lyons

 

January 13
Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal by Nick Bilton

Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal by Nick Bilton is a fascinating read or audio listen.

This inside peak into the creation and eventual success of Twitter is a first class business thriller. I couldn’t stop listening.

“Twitter seems like a perfect start-up success story. In barely six years, a small group of young, ambitious programmers in Silicon Valley built an $11.5 billion business out of the ashes of a failed podcasting company. Today Twitter boasts more than 200 million active users and has affected business, politics, media, and other fields in innumerable ways.

Now Nick Bilton of the New York Times takes readers behind the scenes with a narrative that shows what happened inside Twitter as it grew at exponential speeds. This is a tale of betrayed friendships and high-stakes power struggles as the four founders—Biz Stone, Evan Williams, Jack Dorsey, and Noah Glass—went from everyday engineers to wealthy celebrities, featured on magazine covers, Oprah, The Daily Show, and Time’s list of the world’s most influential people.”

Learn more or purchase Hatching Twitter by Nick Bilton

 

 

 

January 13
Boomerang by Michael Lewis book review by Noovella

Boomerang by Michael Lewis book review by Noovella

In Michael Lewis’s new book, Boomerang, he captures the global financial insanity that gripped so many countries. He goes on a financial tour to a number of countries to discover why their economy collapsed or how they avoided financial catastrophe. Lewis writes with a travel writer’s flair for the idiosyncrasies of each country. Boomerang is filled with compelling information about each country he explores. Here are some examples.

Iceland fisherman became investment bankers and quickly threw Iceland into terrible investments, bankrupting the banks and the country.

In Greece the culture of everyone being on the dole as well as the endemic tax fraud and lack of tax revenue sank the country and the banks and not the other way around. The Greece government officials make incredible salaries. The incredible amount of government workers can retire as young as 45 and so on. The rich and corporations pay no taxes. In fact, no one pays taxes, not because of the laws but because of lack of enforcement.

In Ireland, there was a cheap and easy credit bringing on an insane housing boom and then, of course, a bust and now bankrupt banks.

The German people did not take the easy and cheap credit. The banks were not perfect and one particularly bank made some terrible mistakes and got sucked into the U.S. prime mortgage mess. But Germany are in excellent shape and now are being pushed to bail out the rest of Europe.

Lewis touches on the U.S., particularly cities and the high costs of pensions and the ability to sustain paying retired workers a pension that is similar to what they made while working or similar.

This is a great read with lots of very interesting anecdotes and people and fascinating cultural color. The German fascination with poop being one of the most odd.

Learn more or purchase Boomerang by Michael Lewis