Platitudes & Predictions

Hope everyone in the US is enjoying the long weekend.

I was in a day long competition of investment pitches yesterday, enjoying from the peanut gallery, as entrepreneur after entrepreneur described a business idea and asked for an investment. This was a small local version of Shark Tank, so every few minutes i heard something like: 'My company will make iPhone cases using duct-tape, and it it will make more money than IBM ever made in less than 6 months, so in return for a $1500 investment, i will give you 50% of the company....'

No, there are not typos here. These were 8 and 9 ...

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