Innovation

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      High finance, complexity and disaster

      Posted by SoxFirst

      Here is the paradox of markets: they are bigger, more liquid and more lucrative than ever but mistakes by a handful of companies send shock waves around the world. All created by complex financial innovation and new fangled forms of money like derivatives.

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      3 Guys in a Garage Launches $100 Challenge for Investor Leads

      Posted by colinmcnab

      A digital media incubator called 3 Guys in a Garage has launched an innovative social networking challenge to gain leads to potential investors. It’s banking on the power of social networks and word-of-mouth to finance its new media ideas. “Here is a way for you to get involved as a virtual venture capitalist, by using your networks to help us find investors. We’ll give $100 for each referral that leads to investment. Our goal is 100 referrals that lead to $500,000 investment.”

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    • Big Media Allies With '3 Guys in a Garage'

      Posted by colinmcnab

      "3 Guys In A Garage is doing joint ventures with traditional media companies to launch consumer Internet products within six months for $500,000 or less. Big Media needs the innovative ideas and faster speed-to-market that we have, and we need the funding and marketing resources that they have. So, it makes sense to collaborate."

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      The Year in Ideas

      Posted by Shemuses from New York Times

      For the seventh consecutive December, the Ney York Times magazine looks back on the passing year through a special lens: ideas. Editors and writers trawl the oceans of ingenuity, hoping to snag in our nets the many curious, inspired, perplexing and sometimes outright illegal innovations of the past 12 months.

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      CEOs and the future

      Posted by SoxFirst

      How can we tell whether a company will keep innovating? Check the language of the CEO, according to a new study. In their letters to shareholders, CEOs more focused on the future tend to lead their companies into more innovation.

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    seefood comments on:

    3 Guys in a Garage Launches $100 Challenge for Investor Leads

    “a solid Benjamin”?...sounds like a ponzi scheme.

    Reply »

    9:58 am 1/23/08
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    colinmcnab

    Member since Sep 2008

    No city


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    SoxFirst

    Member since Sep 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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    Shemuses

    Member since Sep 2008

    Jodie lives, plays, and blogs in Vancouver, BC. Her day job at ONE/Northwest puts her talents to work supporting social change strategies for greening our world.

    Vancouver