Retail Hates The Middle Class

What will retail look like in 2020?

According to NYU Stern in a joint project with IBM , the retail landscape is on course to change dramatically. Following the paper's train of thought, drastic change is nothing new for the retail industry. From the early department stores wars to Walmart's discount kingdom, the retail industry will undoubtedly mold to fit the explosion of Internet transactions.

Though, what stood out to me in the whole report was the hourglass effect , a term that was originally coined by Bain & Company to describe the 2011 shopping holiday season.

[Quote= NYU Stern on Hourglass Effect]

VC Profile: Vinod Khosla (Video)

If you have ever looked into the venture capital scene, Vinod Khosla is probably a name you have heard thrown around. I have recently been following a lot of Khosla's work on Black Swan investing, but I have been even more intrigued about his mantra on entrepreneurship as a religion.

Although Khosla founded companies like Sun Microsystems and Daisy Systems, I think that the man's story of getting an MBA is a far more telling adventure of his personal philosophy:

After receiving a full scholarship to Carnegie Mellon and completing a biomedical sciences degree, Khosla felt destined to attend Stanford Business School. Unfortunately, Stanford's admissions team did not feel the same way.

Goldman Sachs Sponsoring the NY Knicks

Although the most miserable months of my life (known as the NBA lockout) are over, the NBA is still dealing with a $300 million shortfall on their books. In what I believe to be an excellent idea, the NBA is now considering sponsorships to be featured on team jerseys as a way to raise revenues.

English Premier League teams have always featured sponsors on its jerseys- like Chelsea's Samsung or Manchester United's Aon (Man U's prior sponsor was AIG, but after 2007, they had better places to put their cash than across Wayne Rooney's chest). So why not take note from the highly profitable EPL and rake in the cash?

Asperger’s In Silicon Valley

I have always thought about the amount of work and insight it would take to become a decent programmer. Usually I begin to shudder at the thought of spending hours cranking out code on my computer. Maybe a lot of coffee and Paul Kalkbrenner can keep me going on Excel , but I don't think that formula applies for programming.

So what type of person really enjoys coding away for hours?