1) The Mystery Monk Making Billions With 5-Hour Energy (Forbes) - Judging by how many WSO members survive all-nighters by using 5-Hour Energy, I guess I shouldn't be surprised that the founder's a billionaire. But if you thought Steve Jobs was a hippy, Manoj Bhargava is gonna take it to whole new level for you. That the whole company was essentially an afterthought only adds to the mystique of this billionaire monk.
2) NY Times) - It's hard for a hack like me to imagine without the inimitable Lucas van Praag (or LvP, as he's come to be known) at the helm of their public relations department. At least he's going out with his signature snark and wit intact.P.R. Chief’s Accidental Exit Interview (
3) For the startup generation, Wall Street loses its luster (USA Today) - It seems Wall Street is no longer the hip place to work for today's kids weaned on tales of Internet billionaires. Even more to the point, folks are walking away from Wall Street gigs to play Start-Up Roulette. Could this be the re-alignment of priorities the country has been looking for?
4) Silicon Valley's dirty little secret: The 'Startup Boom' is a disguised jobs fair for big corporations (ZDNet) - Probably not. According to this ZDNet article, start-ups are being acquired by large corporations not because the corporations are interested in the next big thing. They're being acquired just to put the talented founders to work in the software engineering salt mines of the parent company. Sigh.
5) Stanford had secret fund for bribes, yacht: witness (Reuters) - It scares me how much Allen Stanford and I have in common (aside from the private jets, massive yachts, and the world class cricket pitch on an island paradise, of course). As often happens, a trusted confidant is selling the Texas billionaire Ponzi schemer down the river by revealing the slush fund Stanford used to pay bribes, keep fuel in his jet, and maintain his yacht. Oh well, Al. We'll always have Antigua.
6) “Never Follow Your Dreams”: Mark Cuban Answers Your Questions (Freakonomics) - The Q&A posts have become such a hit on WSO that I knew you guys would want to see this one. Mark Cuban spends a lot of time answering all kinds of questions in this article, and he has some interesting things to say about Wall Street, taxation, and returning the stock market to its roots.
7) The Internet is a Major Driver of the Growth of Cognitive Inequality (Mother Jones) - This piece is worth reading just for the conclusion: the Internet makes dumb people dumber and smart people smarter. I'm fascinated by what this simple fact will mean to the evolution of our species. Could we be moving towards a race of smart lazy people? (fingers crossed)
8) We, the Web Kids (The Atlantic) - I consider most manifestos a low form of navel gazing, and this one is mostly no different, but it at least brings up some important points. To wit: the Internet is something that happened to my generation, but it is your generation's whole life. And this is what brings a smile to the face of my inner anarchist: this generational gulf could spell the end of all central government everywhere in the next century.
9) Infographic Of The Day: America’s Strange Attitudes Toward Food (Co.Design) - Anyone interested in diet and nutrition will find this worthwhile. It's not going to surprise anyone that Americans on average consume the greatest number of calories on a daily basis (3,770). What might surprise you is that the rest of the Western world isn't far behind (Europe averages about 3,600). But Americans spend less than half as much per calorie as the rest of the world, and that's why we're so fat.
10) BREAKING: Lohse '12 Reports on Hazing, Kim Inaction, D Leaks to Administration (Dartblog) - Okay, Dartmouth, what the fuck? I threw this one in here just for the shock value alone. How many of you Frat Rats had to swim through vomit, urine, feces, and semen and drink beer from another dude's ass crack just to pledge? Horrifying stuff. Thank you, sir, may I have another?
Which brings us to the Video of the Week. If you haven't seen any of The Gentlemen's Rant, go check 'em all out when you get a chance. But that last bit about Dartmouth frats instantly made me think of this video. Enjoy:
That's it for this week, guys. Have a great weekend and let me know what you think about this week's Bananas in the comments. Especially if you're an ass crack sippin' Dartmouth mo.