Month: May 2012

  • Failbook

    Bronte Capital on the ‘Failbook’ IPO: The Wall Street Journal…¬†derides Michael Grimes (the Morgan Stanley Banker) for not standing up to David Ebersman¬†(Facebook’s CFO) and allowing Facebook to sell too many shares at too high a price. This is tits-up-backward. David Ebersman in this context is the client. He paid the fees. Michael Grimes had […]

  • Aaron Sorkin on Relationships

    Aaron Sorkin delivered a commencement speech at Syracuse University last week, ranging over a wide field of topics as is usual for Sorkin. Two things I found were incredibly poignant and to the point on relationships: There’s a story about a man and a woman who have been married for 40 years.¬† One evening at […]