Research In Motion (RIM) the creator of the blackberry series of smartphones has cut the price on its latest offering by HALF. The new BlackBerry Torch 9800 was originally $199 with a 2 year AT&T contract, but now it's been busted down to $99 with a 2 year. It seems...
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So I was reading in the New York Times about how China has now surpassed Japan to become the second largest economy in the world. Following the US, of course. The tone of the discussions I've had about it have suggested that "we better learn Mandarin Chinese". Remember way back...
One local oil change business is going to the dogs - and cats. Eight years after Jiffy Lube first came to the area, it recently invested $1 million in a new look and efforts to enhance customer service. To celebrate, Jiffy Lube franchisee Heartland Automotive Services Inc. is having a...
"What's happening?" That's the question professionals around the world are answering via Twitter as a way to bring awareness about their companies, industries, and daily professional lives to the masses. But what if the answer to "What's Happening?" is being answered from the operating room? That's exactly what happened today...
The Intel Corp. delivered a better then expected turn out for sales this year. Intel's sales went up and surpassed expectations even though the economy slowed down. Intel said yesterday that their sales will reach a gross profit margin of 67 percent. Could Intel's success be a sign that the...
What do you need to commit to? What things in your life do you "wish" for, "hope" for, or "really" want?Because if you REALLY want it, it's up to YOU to make it happen.No one is out there waiting to magically manifest your heart's desire on your behalf. And if...
Per Wednesday's speculation, LA private equity firm Criterion Capital Partners has confirmed it's buying social network Bebo from AOL. Criterion isn't disclosing any deal terms or price, which has been reported at $2.5 million by PEHub or $10 million by TechCrunch, two years after AOL bought Bebo for $850 million....
Could it soon be the end of email as we know it?Is email becoming a thing of the past? Sheryl Sandberg, COO of Facebook, thinks so. At Nielsen's Consumer 360 conference on Tuesday, Sandberg said only 11% of teens use email on a daily basis. "If you want to know...
Generally yes. Even though the founders stock is issued and outstanding, the company can have the right to repurchase the shares. The right of the company to repurchase the shares will lapse over time or upon certain events, similar to vesting of options. There are two primary reasons for subjecting...
I think that founders stock before a venture financing should be subject to the same general vesting terms as one would expect after a venture financing. A typical vesting schedule is four year vesting with a one year cliff. This means that 25% of the shares will vest one year...











