The Compost

link: How Facebook Ruins Friendships

"Notice to my friends: I love you all dearly.

But I don't give a hoot that you are "having a busy Monday," your child "took 30 minutes to brush his teeth," your dog "just ate an ant trap" or you want to "save the piglets." And I really, really don't care which Addams Family member you most resemble. (I could have told you the answer before you took the quiz on Facebook.)" -- Elizabeth Bernstein

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video: Introduction to the Google Ad Auction

Google Chief Economist, Hal Varian, explains the AdWords Ad Auction and how your max CPC bid and quality score determine how much you pay for a click on Google.com. 

Term Sheets 101 by Justin Fishner-Wolfson, Founders Fund

Term Sheets 101 by Justin Fishner-Wolfson, Founders Fund

View more presentations from Dave Mcclure.

link: Maybe “Paid” Is the Future of Online Business

In 1988, “Saturday Night Live” aired a parody commercial deriding clumsy business models. “At First CityWide Change Bank, our business is making change,” said actor Jim Downey, portraying a naive “service representative.” After listing various ways in which his company could break a five, he explained how money is made. “The answer is simple: volume.”...

http://gigaom.com/2009/07/03/maybe-paid-is-the-future-of-online-business/

video: Entrepreneurs can change the world

video: How to feed the whole world (the case for white bread) by Louise Fresca

link: The federal budget, rescaled

"...I thought that this sort of rescaling (converting $100 million to $3) was actually a rather good way of comprehending the vast amounts of money in the federal budget: we are not so adept at distinguishing easily between $1 million, $1 billion, and $1 trillion, but we are fairly good at grasping the distinction between $0.03, $30, and $30,000.  So I decided to rescale (selected items in) the federal budget, together with some related numbers for comparison, by this ratio 100 million:3, to put various figures in perspective..." -- Terence Tao

http://terrytao.wordpress.com/2009/05/04/the-federal-budget-rescaled/

video: Unveiling the "Sixth Sense," game-changing wearable tech

http://www.ted.com/talks/pattie_maes_demos_the_sixth_sense.html

link: How To Take Criticism Like Donald Trump

"Our natural tendency when given advice or criticism is to become defensive and upset. We try to convince the person they’re wrong (or at least to see it from our perspective) which, ironically, has the exact opposite of the intended effect.

Know what the single most effective way is to disarm criticism?  Agree with it..." -- Brian Armstrong

http://www.lifehack.org/articles/communication/how-to-take-criticism-like-donald-trump.html

link: How Google Stole Control Over Content Distribution By Stealing Links

"Google isn’t stealing content from newspapers and other media companies. It’s stealing their control over distribution, which has always been the engine of profits in media. Google makes more money than any other media company on the web because it has near monopoly control over content distribution (i.e. like a metro newspaper in the pre web era)..."  -- Scott Karp

http://publishing2.com/2009/04/11/how-google-stole-control-over-content-distribution-by-stealing-links/