Convertible Notes

This one is pretty law geeky, so stay with me. When you go to raise money for your company, you have to decide what you are going to give your investors in exchange for their cash. Your choices are usually a promissory note (if you call the cash a…

Why the Rich Should Pay More Taxes

For every dollar we cut out of the IRS budget, we lose $6 in collected taxes. Since 2011, when the Republicans took over the House, 12,000 IRS jobs have been cut and another 4,000 job cuts are coming. Now, the IRS budget is at the same level it was…

Behind Private Equity’s Curtain | NYTimes.com

Happy Halloween! The scariest goblin among us? Private Equity. The New York Times says that many Private Equity funds refuse to provide information on their fees and expenses to the people who get charged those fees and expenses, often without their knowledge. First, what is “Private Equity?” “Private Equity”…

I’ve Read the Government’s Arguments to Screw Amazon Workers and I’m Furious

There’s a monumental case at the Supreme Court that has got me obsessed, bewitched, enraged and mildly despondent. Technically, it’s called Integrity Staffing v. Busk. It actually is Amazon v. Amazon’s warehouse workers. (Integrity Staffing is the subcontractor stooge hired by Amazon to employ its warehouse workers). After Amazon…

Chobani and Dov Seidman Wrestle Over Use of ‘How’ Trademark

I predict this is going to end badly for Dov Seidman. Seidman, who uses “How Matters” as his content calling card, is suing Chobani yogurt for its new “How Matters” ad campaign. Seidman can win if he can show two things; First, that his trademark is distinctive enough to not be…

Justices Weighing Wages for After-Work Screenings in Amazon Case

I’m pretty much obsessed with this case. Amazon – and the companies Amazon hires to deal with its warehouse employees – make its employees go through security screens before they leave work. The employees have to hike up to 20 minutes at the end of their physically brutal shift to get to the…

DARPA’s jetpack will help soldiers run faster, stronger

DARPA. DARPA. DARPA. Dude, DARPA’s making a jetpack to help you run faster. DARPA is the government’s innovation department. They invented the Internet and GPS, among other things. Once DARPA invents something and rolls it out, entrepreneurs come through and bring it to market for the rest of us….

Lampert Agrees to Lend Sears $400 Million

Sears gets fresh influx of cash World class douchebag, Eddie Lampert, bought Sears and promptly turned it into a fantasy of business without a human touch. Managers are pitted against managers in a race for Lampert’s budget and affection. Sales floor staff is slashed. The company invests the least amount…

AT&T: If you build your own broadband then we don’t get any of your tax money

AT&T Wants Your Tax Dollars The only problems we have in America are bad ideas. Here, AT&T is pushing the federal government to stop small towns from providing rural internet service where AT&T won’t. Instead, they want to be given tax dollars to do it. Why? Because the “free…

10 Things to Do to Buy a Business Through a Business Broker

AudioBlog: A combination blog post and podcast. 10 Things to Do to Buy a Business Through a Broker When Coco talked to two business brokers, Tony Calvacca and Marsha Barnett-King, a few weeks ago they gave her a lot of great content about how to buy and sell businesses…