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MBA Update Month 1
I’ve just finished my fourth week of my first subject, Accounting & Financial Management. I did Accounting 101 in my undergrad degree so I have an advantage that I have heard of this stuff (when Moses wore short pants). AGSM lectures are pretty fast, you’re expected to have done the work before the lecture. Jack…
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How to value a business startup
I met Richard Hayes at the Sydney OpenCoffee Meetup and he’s written an excellent article that he’s allowed me to reproduce below. All people working in the Startup / Early Stage consistently asked the same question, “How do you value business?” The correct answer is there is no correct answer Without trying to be facetious…
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OpenMoko everything iPhone should have been
I’m awaiting my iPhone courtesy of working for a multinational. One of my coworkers travelling in the USA will hopefully pick it up. However since lusting for one, Apple has rained on the parade by turning iPhones into iBricks with their latest firmware upgrade. The consensus seems to be Apple didn’t need to be so…
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Private Company Valuations
An unreal valuation is a price that a strategic investor pays because they have non financial objectives. – Fred Wilson A VC via twitter That really puts the concept of the Strategic Sale succinctly. When the fit of the vendor’s business to the acquirer is so compelling, that traditional accounting based measures are not sufficient.
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Why do an MBA?
Surely that’s a dumb question to be asking myself right now. I had to answer it on the application. I’ve committed the money and time to it. I’ve even started the first course – Accounting and Financial Management. That first course is looking to be as easy as I thought. Which on one level really…
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NBL and Singapore Slingers need Import Rule Change
I was talking to someone with long connections in the NBL – Australia’s National Basketball League. The Singapore Slingers are based in Singapore, but I’ve heard if they put a Singaporean on the floor he must take one of the two import slots that NBL teams are allowed. Normally those spots are for players who…
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Feeling uncomfortable but doing it anyway
I attended the AGSM New Students Day yesterday. I met graduates and faculty as well as some of my fellow students. There was an fun little moment were we had to congratulate ourselves and each other on getting in. How the students reacted was interesting. There were those (mainly marketing types) who got into it.…
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Channel Ten finally on Foxtel’s EPG
Channel Ten Australia has finally signed a deal to allow digital broadcast to Foxtel’s cable and satellite subscribers. Until now channels Ten and Seven has only been available on Foxtel cable as an analogue retransmission. This meant that Foxtel’s digital Electronic Program Guide did not list Ten’s or Seven’s schedule. In the new media world…
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A&R Scandal: Tower Books’ Michael Rakusin Replies
Michael Rakusin, Director of Tower Books replied to Charlie Rimmer‘s letter. I’ve emailed a request to reproduce Michael’s email here, but in the meantime you can read it at Susan Wyndham’s Undercover blog. That way the conversation can allow trackbacks around the blogosphere. I look forward to watching the fall-out in the industry over this.…