Skip to content

Month: April 2021

Business 0

In Norway, 60% of Cars Sold are Electric

Norway’s electric car market is powering ahead, with most new cars registered in September either fully electric or hybrids. Electric cars accounted for 61.5% of the 15,552 cars registered that month in the country. When hybrids are included, the total jumps up to 89%. The new Volkswagen ID.3 was the bestselling car, with 12.8% of sales, followed by the Tesla […]

Acting 0

Filming a TV Show in NYC in a Pandemic

EMT’s jump into a vintage ambulance and speed off past NYPD Chevy Caprices. The backdrop: a spooky, mostly disused hospital on the fringes of New York City. Two menacing men in flat-top fades and thick gold chains saunter toward the entrance. This is the world I spent yesterday in, as a background actor (also known as an extra) playing an […]

Business 0

Inside a Startup Accelerator Demo Day

Yesterday, I attended the Remote Demo Day for the latest class from the Launch Accelerator, a startup accelerator run by noted investor Jason Calacanis. We hear a lot about accelerators (also known as incubators), from famous programs like Y Combinator or Techstars to small, local outfits. One thing most of them have in common is a demo day. This occurs […]

Business 0

Departing GameStop CEO Gets $179 Million Payout

GameStop CEO George Sherman will be leaving the company soon, but not empty handed: As a condition of his exit, GameStop is speeding up the time frame for Sherman to receive the shares, generating the award. Sherman, who has been CEO since April 2019, forfeited $98 million worth of stock this month because he did not meet performance targets, GameStop […]

Business 0

The Unstoppable Wave Behind Stocks

In the last year, a torrent of money has flooded into Exchange Traded Funds (ETF’s) that track the stock market: Over the last 12 months, about $650 billion has flowed into stock and bond ETF’s, a flow that’s unusually large versus history and may help explain why markets have been so strong. Despite the attention to volatile stocks like GameStop, […]

Business 0

How China Could Attack Bitcoin

China is creating its own cryptocurrency, which will allow much easier surveillance and control of their population than existing coins. In order to push bitcoin off its throne and replace it with a digital yuan, China could launch a powerful sneak attack on bitcoin. Bitcoin transactions are handled by “miners,” or powerful computers that perform calculations to verify transactions. A […]

Business 0

This Congressman Is Buying Dogecoin

Dogecoin has become so popular, even Congressmen are getting into the game: U.S. Rep. Mark Green purchased Dogecoin on April 1 and April 14 according to Congresstrading.com. The purchases were in the amount of $1,001 to $15,000 on each occasion. A $1,000 purchase each time would now be worth $17,078 based on today’s price of $0.4009. A $15,000 purchase each […]

Business 0

You Can Now Buy a Rolls Royce with Dogecoin

Post Oak Motor Cars is now accepting dogecoin, a cryptocurrency that recently gained new heights of popularity following support from Tesla founder Elon Musk, as a form of payment. New Bugatti, Bentley, Karma, and Rolls-Royce vehicles are sold at the boutique sales location next to Houston’s only five-star hotel, The Post Oak Hotel at Uptown Houston. This is the second […]

Health 0

Why Aren’t Flu Vaccines Free for Everyone?

If you have health insurance in the United States, you can usually get a flu vaccine for nothing. But for the 28.9 million Americans who are uninsured, a flu vaccine can cost up to $50. For a population that is often hard pressed, this can be unaffordable. And if you have a family of 4 to vaccinate, the numbers are […]

Business 0

Short Sellers Have Abandoned the Stock Market

Short sellers have abandoned the stock market after massive losses in GameStop shares, among others: According to data from Goldman Sachs, median short interest as a percentage of float across the S&P 500 has fallen to 1.6%, near the lowest reading since 2004. More here (see the April 19 post.) But that’s not all. As downward pressure on stocks from […]

Business 0

How Do You Know If a Startup Is Getting Traction?

Investors look at a lot of startups before laying a bet. But how do we know if the company’s product is catching on, or has failed to find traction? And as a founder, how do you know if you’re headed in the right direction or…nowhere? In a recent episode of the superb podcast This Week in Startups, investor Jason Calacanis […]

Entertainment 0

Where The Sopranos Really Happened

“Douchebags make that a red zone?” I’m a huge fan of The Sopranos. Lately, one of my favorite ways to relax on a weekend night is shutting off the lights and watching a few episodes. So, since I live in northern New Jersey, I decided to see if there were any filming locations nearby. I found the location of a […]