Financial columnist and trend spotter Felix Salmon declares pumpkin the new bacon in this week’s New York Magazine.
But why? What could an orange gourd-like squash and a crispy piece of pig possibly have in common? Why, popularity, of course. You see, everyone likes bacon. It’s salty. It’s crispy. It’s delicious. And it has gotten really popular recently.
You Read More
In the days before the Facebook hysteria had fully bloomed, we sought comment from investors who planned to buy the stock. Did they know half of Twitter was bashing Facebook as massively overpriced? Were they chasing the next Google? Did they just like Zuck?
Yesterday we finally caught up with a Facebook investor. Alper Aydinoglu Read More
The Hype Cycle
Today Reuters finance blogger Felix Salmon launched a new website, Counterparties.com. Taking its name from his daily morning aggregation post, Counterparties curates the most talked-about and best news articles from Mr. Salmon’s personal Google Reader and Twitter feeds, using content curation algorithms developed by a start-up called Percolate.com. The Read More
initial public offerings
After years of traipsing to every pop-up launch party to report on the ephemeral offerings therein, New York magazine and The New York Times have officially commenced the backlash.
On Sunday New York Times City Critic Neil Genzlinger took on the urban epidemic of the pop-up shops/restaurants.
“Somebody get me a large mallet,” Read More
Amid broader questions about the vitality of the current market for initial public offerings, Reuters’ Felix Salmon reports from the DLD conference in Munich that New York technology executives and pundits are less than optimistic about companies’ desire to get listed on stock exchanges.
Chief among the IPO bears was SecondMarket CEO Barry Read More
“The first thing that needs to happen, I think, is to get these people out of their homes,” a man wearing a bespoke blue-striped shirt, a Hermés tie patterned with elephants and Ferragamo loafers said recently. “Correct! I’ll explain,” the veteran member of a bank restructuring and advisory team said.
Amid evidence of sham documents Read More
Surprises, This Old House
Fresh off a very enjoyable launch party for his new NetNet blog on CNBC’s Web site–where, incidentally, Felix Salmon could be seen chatting happily with Herb Greenberg, the hedge fund manager Jim Chanos brought a statuesque blonde companion, and Joe Weisenthal was the only one wearing sneakers–John Carney has one of Read More
Reuters’ granularity-inclined British finance blogger Felix Salmon today highlights a wild phenomenon borne out by a recent housing survey conducted by Fannie Mae.
For instance, the survey finds that 91 percent of underwater homeowners are happy with their mortgages. Who in their right mind would be happy to owe the bank more for Read More
OK, so it wasn’t exactly the newsboy strike of 1899. But over the past several days, a class struggle of sorts broke out between a handful of New York bloggers and blog owners over the value (or lack thereof!) of writers in the age of SEO (search engine optimization) and slide-shows.
Henry Blodget, Read More