Archive for: financial

Sony’s Walkman 30 Years

Yes, I know, you probably didn’t even think about a walkman in a long time; and most likely it’s been a real while since you’ve seen one, but Sony’s is -NOT- celebrating the release of their first Walkman 30 years ago.

Sony is still trying to make a revolutionary product release that they didn’t have particulary since the first portable audio player hit the market. They are having a rough year (first annual loss balance in 14 years) and they don’t have so great expectations for next year either. Most of the hopes are placed in PlayStation 3 (mainly based on two things, the release of the slim version and waiting for the blu-ray to become a real home standard), and also the portable new console PSP Go!

Getting back to the walkman’s story, here’s a quick and funny image that a friend of mine sent me today:

Redfin and Financial Modeling

Guy Kawasaki posted a very interesting article on Monday, “Financial Models for Underachievers: Two Years of the Real Numbers of a Startup“.

The post is written by his friend Glenn Kelman who runs Redfin. Glenn decided he wanted to bare his financial soul so that other entrepreneurs could get greater insight into the witchcraft called financial modeling. The article is a two part posting in which he reveals his numbers and his lessons. It is very interesting for a young entrepreneur, so make sure you take a look!