International Research Recruiting: July 2011

Friday, July 29, 2011

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

Netflix is using price hikes to manage the transition of users away from the physical product and towards digital streaming. While there are some similarities between that and the newspaper business, publishers shouldn't ...

Can news publishers learn anything from Netflix? — Tech News and ...

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We've taken some of the biggest news stories of the week and put them together for you in TechCrunched. On the heels of recent management changes at Twitter, the company is now changing the way brands interact with users ...

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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

TechCrunched: News In 90 Seconds | TechCrunch
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Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

U.S. Soccer President Sunil Gulati named Jürgen Klinsmann as head coach of the U.S. Men's National Team today, making him the 35th coach in the history of the program.

Klinsmann Named Head Coach of U.S. MNT - U.S. Soccer

Can news publishers learn anything from Netflix? — Tech News and ...

TechCrunched: News In 90 Seconds | TechCrunch

Friday, July 22, 2011

Understand How to Find A Payday Loan That is Right For You

If you're searching to get a United kingdom instant payday loansor perhaps a Payday Mortgage in the United states you need to always comparison store for the best APR (Annual Percentage Rate) and friendlier payment terms. Spending a little more time shopping can save you countless bucks per month. You should also know the terms with the loan that you are taking out so you do not get caught by shock with something that's concealed in the mortgage paperwork which you signal. It's also important to inquire concerns and make sure which you comprehend every thing about payday lending before you agree towards the payment phrases.

Reasonable Spending budget

It is essential to make a priority of paying off the mortgage you consider inside thirty days or less because the longer you drag out the loan the more cash you will pay in finance charges to the loan company. Many people do not think about this when the borrow from payday lending companies and they're losing a great deal of money each and every month. If your budget won't allow you to pay that loan off in thirty days trying paying off the loan in .00 increments that way you are making some progress instead of always ravening the same amount.

It is also essential to not consider out multiple loans against your paycheck in the exact same time simply because the much more loans that you consider out the harder it will be for you to pay them all off.

Do not Buy Into the Buzz

A great deal of individuals might attempt to tell you not to make use of instant payday loanscompanies however the truth is the fact that Payday Loans work for one reason: they're an easy and handy way for average people to get cash quickly once they require it probably the most. If you require money now it is the best choice which you have available just make sure to use your head and apply sound monetary administration within the future which means you will not have to be considered a regular cash loan customer.

How to Find Background Info On Anybody

An employment criminal search is now usually done not only to possible employees but to present workers for marketing as well. It's generally carried out to validate information discovered on an employee's resume or software form. It's also done to identify the very best suited possible worker among the applicants. Also with what has happened on September 11, 2011, employers are actually extremely worried using the type of workers they hire.

A background investigation consists of criminal, arrest, imprisonment, and sex offender paperwork. This is really a kind of check where state data are examined to investigate if a possible employee or current worker continues to be convicted or charged with any crime against the state.

Citizenship, immigration and legal working standing checks will also be carried out because American businesses are barred from hiring illegal employees by the Department of Homeland Security and its Immigrations and Customs Enforcement Division.

Litigation records will also be checked. Employees who frequently file discrimination instances might be identified as a risk into a business thus employers resort to litigation checks. Also, these businesses who do business with the government do not wish to hire whistleblowers who file qui tam suits.

Driving and car data will also be part with the background check, especially when a possible employee is applying for a driver position. Employers appear for workers who have clean driving records or those that don't have any data of vehicular accidents or traffic tickets.

Drug test data will also be becoming checked. An employer wouldn't wish to utilize drug addicts in his business due to company ethics, worker efficiency will be affected and increase of workers' compensation premiums.

Schooling records are also part of the public records investigation. This is carried out to verify academic attainment with the possible employee and occasionally to examine if applicant has had misdemeanor data in school.

Previous employment records might also be checked particularly in the event the applicant will fill a delicate place in the company. This is generally carried out verbally.

Financial information is also checked particularly if the position being crammed requires someone to handle large quantity of cash.

For professionals, licensing data are checked for grievances, disciplinary actions and investigations.

Health-related, psychological and physiological files are also checked because a potential employee might not be fit to function for health factors. A created consent in the applicant must be procured before going via the whole process.

Social security number check can also be carried out simply because identity theft is fairly rampant. A past life might be concealed or an applicant might not have fulfilled the citizenship requirement may be verified via the social safety quantity.

Although most the above data are public data and can be procured from various government companies within the Usa of America, it's still very inconvenient for employers to do background examine on its possible employees and even present workers. There are numerous personal investigators who offer the support. Also, there are third party providers who also offer the same type of support. There are also available online data financial institutions which can offer the necessary info about individuals. What they do is they buy U.S. public records and provide them on-line for a fee.

Much more About Car Insurance Types

As contemporary consumers, people have become educated to comparison cost often for services individuals spend money for. Financial services for example mortgages, insurance, also banking are a couple of of most likely probably the most competitively priced services that battle for company. 1 of these, car insurance coverage is likely the most competitive. You will find many businesses that promote car insurance for a wide assortment of costs and in fact is essential that you have an understanding of the variations among the businesses and why you'll discover such a wide range of prices.

Companies that include car insurance can be frequently categorized into two courses: on-line and complete support. You will find a number of fundamental dissimilarity amongst each of these company types that has an excellent influence on costs and service.

On-line insurance is very well-liked for people who are definitely pc experienced and comfortable with doing company on-line. This demographic is expanding, but happens to become younger and busier and views the ability to search online and quote, acquire and print insurance coverage paperwork by on their own without worrying concerning the benefit for talking with the insurance agent as a comfort rather than as a risk. Those that are structured to concentrate on this demographic are actually set up to be the cost leader simply because they really do not possess the available money invested inside a major facilities and in an agent power and can offer a cost reduction but nonetheless maintain on being productive.

Full service businesses are designed under a different company viewpoint. They market their policies through a network of field agents who preserve an real workplace. They've got advertising methods and methods which core around becoming able to grant personalized one on 1 support. Furthermore, full online car insurance service providers will typically manage to package deal policies in addition offer package deal offer reduced prices for buyers who've home and existence policies that is in particular cases are more aggressive than the promoting cost the web primarily based policies provide for the automobile alone.

An extra factor to consider when you compare internet primarily based companies to actual support businesses will be the support when handling statements. Typically, the web primarily based policies won't have the ability to deal with a claim as rapidly or resourcefully as the full agency will be in a position to.

The online policies will usually use a third celebration agreement insurance adjuster who generally includes a big backlog of statements to appear more than. Yet, complete support coverage that will have accessibility to numerous in-house claims adjusters who will go and consider treatment of the declare immediately.

Thursday, July 21, 2011

Time for you to Fix A Low Credit score With a Poor Credit Loan

Much more and more lenders, employers, landlords and insurance businesses are checking your FICO score as component of their process of approving your loan, landing a career, getting your own home to reside, or good prices offered for just about any type of insurance coverage which you might have utilized for. To attain all of those things which you are dreaming of accomplishing developing a great credit score online history is the initial thing which you have to do if in situation you acquired one with a poor history.

Credit score scores begin from the low 300 towards the cream with the crop 850. A normal customer includes a credit assortment of 600 to 700 but some may have much more than this. A FICO score will be the foundation of most loan companies and credit bureaus of computing your creditworthiness. A great credit score falls on an typical of 720 and above. Exactly where does one get the information on their respective credit score scores? By law this really is given for free once a yr coming in the three major credit bureaus: Equifax, Experian and TransUnion. Your scores and credit score history shows your current and closed accounts as well as your payment background.

Loan companies do usually have a look in your free credit score background because the basis on whether they will grant your loan at a good rate of interest or deny this altogether. If correct now you are intrigued on applying for a mortgage that necessitates a substantial credit score score then it could be best to use for FICO score monitoring which usually gives you an update in your scores on a weekly foundation. Subscribing to this on-line support alerts you whenever you have reach your high score goal as long as you setup a threshold for it. Some would go as far as sending you an sms to inform you when your scores have alter for the much better or for the worst.

To help you build a much better credit score score and history listed here are some easy guidelines to follow:

Request a duplicate of your credit report as needed if not wait for it once a yr but do keep track of your background for any mistakes. In the event you see discrepancies then you are able to dispute them by heading via your reviews completely.

Pay your expenses on time. Add some more on the minimal amount that you generally pay since this would cause your credit score score to rise and would be noticeable for most lenders that you are a great borrower because you pay on time and is sincere in settling your bills.Steer clear of maxing out on your credit score limit. This may surely cause your credit score scores to drop that fast. Cancel credit score cards which you are not using or do not require and spend promptly for your credit card bills.

Hoodia - The Astounding Organic Weight loss Method

Hoodia gordonii is just the item which is really a weight lowering supplement which has all of the effects which are important to assist in sustainable weight reduction. This fat reducing supplement is produced of the best organic urge for food suppressants readily available. These are available in pills and all you've got to do is to consume them to get the effects. These Hoodia gordonii tablets make you really feel full and your appetite is suppressed main to decreased bodyweight.

The impact from the hoodia on the individual is highest, and offers successful weight reduction because of the excessive potency on the product. This weight reducing supplement is pure and pure. There are also lots of antioxidants which are accessible on this natural product that prevents numerous other illnesses from taking place. The lack of side effects and also the reality that the excess weight decrease is sustainable are some of the key advantages of making use of hoodia is really a cactus plant indigenous to the South African desert. While the Kalahari tribesmen have utilized Hoodia Gordonni for centuries-as an urge for food suppressant throughout famine, or above the course of lengthy journeys-the weight reduction industry is only just starting to harness Hoodia Gordonni like a diet supplement.

Top Five Suggestions For Reduction Of one's Hemorrhoids

Individuals with hemorrhoids frequently inquire common questions like are what the leads to of hemorrhoid and the way can the discomfort be kept below manage.

Hemorrhoids are intestinal tissues in the anal region. When an individual places too much stress on it whilst defecating, the veins will swell, causing hemorrhoids to type within or outdoors the anal canal. These circumstances are more generally known as inner and external hemorrhoids, respectively.

There are two ways of hemorrhoid treatments - the health-related way and the all-natural way. As the name implies, the medical way entails various surgical operations such as rubber band litigation, and hemorrhoidectomy for much more serious circumstances. Even though they are efficient in getting hemorrhoids below manage, they are able to be quite costly and might take time for you to heal. Pain can also be inevitable during the healing period. In cases exactly where the root trigger wasn't addressed, recurrence with the hemorrhoid can be expected.

The all-natural method, however, is favored by majority of people struggling with hemorrhoid because of the reality that there are very couple of side effects. This is apart from the reality that the all-natural technique tends to be much less costly. This is the reason why you will find dozens of all-natural hemorrhoid remedies which are available within the market these days. A number of these remedies work, but a few are but rip-offs. So as for you personally to obtain the proper 1, you need to be acquainted using the various all-natural techniques and what they can do. Right here are seven quick and natural hemorrhoid treatments to ease the discomfort and quit your hemorrhoid from bleeding.

If you would like long-term reduction from hemorrhoids, the very first factor you need to do would be to preserve a healthy diet plan. You can do this by drinking lots of fluids and eating food high in fiber like bananas, potatoes, carrots, and cauliflower. Cereals, entire wheat bread, and pastas as well as beans and nuts are also fiber-rich meals. These meals types will help you in getting a easy bowel motion because they make your stool softer. This indicates that you don't require to exert too much work and pressure in defecating.

Additionally, avoid meals that are wealthy in caffeine as well as those that will trigger indigestion. Fast foods and processed meals should also be avoided simply because they cause stool to become tougher.

Aside from sustaining a healthy diet plan, you should also maintain a healthy way of life. Exercising is a great way of reducing pressure inside your program. Running, brisk walking, and swimming are some of the activities which you can do to stop hemorrhoid relief.

Software of witch hazel and aloe vera on the affected area will also help. These hemorrhoid remedies can help ease the pain and reduce the swelling of the hemorrhoids. Additionally, it pays to have a warm bath also as a sitz bath, a type of warm bath that's utilized to clean your anus. The warm water that arrives out from the nozzle will relax the hemorrhoids and can assist keep the symptoms from coming back again.

Also, when you have got to go, you have acquired to go. Defecate only when essential and do not invest a lengthy time in defecating. Finally, breathe when you are defecating. Individuals who hold their breath are much more prone to having hemorrhoids because they put more tension and stress on the veins with the rectum.

These 7 hemorrhoid remedies will surely help in easing away the pain and quit the bleeding. Likewise it'll also help you reside a comfy lifestyle and stop the embarrassment which you feel because of your condition.

What You need to Learn about Genital Warts Treatment

With regards to utilizing a genital warts there are a couple of various choices. You can choose to have them surgically eliminated or you can use a product known as Wartrol. This is really a gential wart cream that you rub around the region. When this therapy is applied directly to the region it'll provide you with instant reduction. When they are surgically removed they are commonly frozen with liquid nitrogen or laser therapy.

Whilst having genital warts relief is no enjoyable there is an simple method to fix it. In the event you catch it early you are able to use a genital warts therapy like Wartrol to get rid of them. So if you think you have genital warts then it is best if you consider motion now, because the previously you treat this the quicker and easier they'll disappear. Also, get a genital wart cream that utilizes FDA approved ingredients because that indicates it's safe to use and that the item actually operates. Occasionally less expensive isin't usually better!

By boosting your immune system you are able to fight back again against genital herpes. Good homeopathic cures are accessible to help the body battle this. These kind of treatments might be less effective however it is an additional choice which you have.

Genital warts are both irritating and embarrassing. But, it becomes even more embarrassing when you're in the Doctors office and there is somebody inspecting them close up. By using a item at house you are able to avoid the embarrassment. Wartrol will be the one item that can be ordered on-line.

By doing this you will be in the privacy of one's own home as well as the delivery and billing is discreet. The product utilizes the best all-natural components that have been shown to become a very effective genital warts treatment. Try it today and also you won't be disappointed.

Tuesday, July 19, 2011

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If you think about marketing your online business on golf courses, you will find various items to become deemed ahead of purchasing signs. The very first purpose is high quality of your signs. Ensure that that the indicators that show your brand are created using materials that may withstand the toughest of environments and do not require considerably upkeep.

Go for a wide selection of materials - aluminum, bronze, granite, redwood, sandstone Kingstone or Rinowood to locate the sign that suits for your business requirement. You will discover some reputable firms that provide excellent turnaround time that would make certain your satisfaction from their service. A reputable firm that offers great service is Bench Craft Company. You may contact such an marketing firm straight and get a quote. You wish your signs to look desirable and stylish.

Golf cart is one more successful way of reaching golfers. You will have your ads in direct sight of your golfers once they ride the cart. An average round of golf lasts for 5 hrs, which means lots of time to obtain enough impression. Billboards would be the primary marketing products on golf courses. It has double sides, which assists in displaying advertisements on each sides. It could be installed amid the support poles around the front or rear side from the cart. The best size for billboards is 4x36 inches and, it could differ as outlined by the course. And, you are able to remain assured that it may deliver you 300 to 400 impressions inside a round.

A pin seeker banner is a different efficient way of branding around the golf course. In addition to the critical information regarding the course, it is possible to also display your brand or logo on pin seeker banners. This is installed amid the support poles on the front and rear side of the golf cart. They also have a perfect size of 4x36 inches, which can retain varying in accordance with the course. Comparable to the billboards, they could also aid your messages receive as quite a few as 300 impressions inside a round.

The GPS on the golf cart may also be used like a excellent marketing medium. The crucial distance info is often checked by golfers, and you can get your ads displayed beside the display. The GPS units are primarily set up on the dashboard or around the windshield. And, the benefit of advertising on digital engineering is the fact that you may update your ads whenever you would like.
Marketing firms like Bench Craft Company offer comprehensive sponsorship and advertising choices that let your brand to attain matchless exposure to the high-end golf players and audience. Making use of the substantial advertising choices, you can get your brand messages displayed on golf courses for prolonged periods of time.

The advantage of marketing on golf courses is that it gives you a lot more than 90% reach to golfers and audience, and there may be no other medium that provides a lot accomplishment rate. Considering that your brand gets an extended period of exposure, golfers could be ready to view your advertisements from 1 to six hrs on the basis in the placement. And, this indicates that you receive beneficial recognition for your brand as golfers will link it with enjoyment. And, after you are working with qualified marketing firms, you'll be able to stay assured that there's no cluttering as each and every placement will carry separate brands.
A different effective marketing medium is the golfer’s bag. Golfers drive across the course with their bags or they just leave it with the bag drop, but it can always get a minimum of 30 impressions inside of a round.

One more advertising medium to reach a wide spectrum of golfers is by means of driving ranges. The typical session can last from 30 to 45 minutes, and you can get exclusive impressions for the brands and items.

Driving range displays assist you to attain golfers of distinct levels. You receive best logo positioning in specific hitting bay. Marketing firms styles driving ranges, customized to suit the present variety configuration of each course. This incorporates pop-out banners, A-frames and material for mesh banner.

Professional marketing firms make sure comprehensive flexibility so as to produce positive that your small business gets connected along with your audience inside a manner it tends to make sense.

The majority of the reliable golf course advertising firms permit you to decide on inventory on the golf course or for golf events. And, due to the fact the campaigns is often customized, they are going to usually match into to your price range. The length of the advertising campaign can range over golf seasons or above months.

And, each of the characteristics from the campaign are facilitated by the advertising firm. This incorporates layout, placement, reporting and maintenance. And, the approval from the golf course, for the inventive material, can also be the responsibility of your advertising firm. For anyone who is considering exploring golf course marketing to market your small business, then you ought to surely check out http://benchcraftcompany.net

Tuesday, July 12, 2011

About Making Money

The NYT has a piece this morning on the teacher evaluation policy used in the Washington, DC schools. The end of the piece includes a quote from Mark Simon who works on education issues with the Economic Policy Institute (my former employer). In identifying the Economic Policy Institute (EPI), the NYT added the comment:

"which receives teachers’ union financing."

While it arguably relevant that EPI gets teacher union funding in this context, it is unusual for the NYT to present the sources of financing for individuals or organizations who get large amounts of money from the corporate sector.

The most obvious example of this difference in policies is Erskine Bowles, one of the co-chairs of President Obama's deficit commission. Mr. Bowles receives $350,000 a year as a director of Morgan Stanley. It is worth noting that the Bowles-Simpson report did not include a financial speculation tax or any other tax on the financial sector, making Wall Street one of the few industries to escape unscathed. This is especially striking since there has been a major push by many in Washington and around the world for a financial speculation tax and even the International Monetary Fund has called for a substantial increase in taxes on the financial sector.

In the same vein, the NYT printed a blogpost by Laura Tyson, another Morgan Stanley director, arguing against taking any steps to lower the value of the dollar against the Chinese yuan. Morgan Stanley has substantial interests in China. The NYT did not identify Ms. Tyson's ties to Morgan Stanley in this piece.

Read more posts on CEPR »

Wednesday, nearly eleven years after Tim Westergen and his colleagues started Pandora, it began trading on the public markets. I posted a blog post on the news, and suddenly was overcome by emotion, tearing up a little as I thought about Westergen who has been through hell and back as the founder of this company. His story is no different from any entrepreneur who dares to try to capture lightning in a bottle – but it is one with a happy ending.

There are two ways of looking at Pandora. You could look at through the lens of a life-long skeptical reporter who cannot reconcile the valuation of the company with its business reality — and there are many who are doing exactly that. The other extreme view is to look at it from the point of view of a startup founder, one who has been through his or her own ups and downs. I will let the skeptic take the day off for today. To me, Pandora’s story is about hope.

A Savage Beast

I remember meeting the Pandora team days after my former Red Herring colleague Alex Gove, then at Walden VC, introduced me to Larry Marcus (partner at WaldenVC and an investor in Pandora) and Westergen. The company was at that time called The Savage Beast and was building a music-genome project. Being a reporter who normally focused on the nuts and bolts of the Internet, I didn’t much care for the company, but I liked Westergen.

Over the years, he and I stayed in touch. The boom turned to bust and what was an idealistic quest turned into a journey over burning coals, with constant rejections and a test of faith. He has bobbed, he has weaved, he has pivoted –- and he has survived.

After all these years, and many rounds of funding, Westergen is not making billions of dollars, as many would assume – in fact, he owns a miniscule share of the company: 2.39 percent, which is worth just over $60 million at the closing price of $2.8 billion, a fraction of the money his investors are making. Something isn’t right about that, but that is the way of the world.

Can’t Buy Me Love

I know Westergen and I don’t think he started Savage Beast/Pandora for money anyway. All these years, he has been the same guy. A pair of jeans, a simple t-shirt, plain old sneakers and a bag slung across his shoulders –- and more importantly, an easy smile and willingness to believe that things will get better, if only he could fight for one more day. He did Pandora for one reason: love.

He loved the idea of building a music genome. Eventually the company figured out what the business model would be — and the team there will figure out profits as well. Most startups come from love, not a desire to make pots of money.

These days, it is commonplace to lionize the amount of money a start-up snags from venture-capital investments or billion-dollar valuations some investors place on a company and the insanity of the public markets. Nothing annoys me more than “money” defining one’s convictions. The world unfortunately tends to focus on the destination, not the journey undertaken. And raising money or the public markets are those destinations.

I often joke with my friends that startups are like climbing sheer rock without any support, always slipping a few feet, and then gaining an inch. It is that inch you climb that brings immense joy, even if it is short-lived. The rest is just fighting to stay alive, trying to get ahead and just getting it down.

Rejection shapes us as much as the positive news. Just ask Tim! Or Reid Hoffman! Ask them about how many times venture capitalists rejected their quest for investment dollars. Just because twenty investors reject the idea of a social network for professionals doesn’t mean that it is a bad idea or it is wrong -– it is just an idea that the world doesn’t quite understand yet.

Being a real entrepreneur is a long, lonely road as Tim’s journey tells us. Creating something that is lasting — something you love — takes time. Often a very long time! But in the end, the journey is worth it.

Related content from GigaOM Pro (subscription req’d):

Infrastructure Q1: IaaS Comes Down to Earth; Big Data Takes Flight
Can Social Media Save the Music Business?
In Q4, Data Was Mobile’s Hot Spot

A Savage Beast

Can’t Buy Me Love

Related content from GigaOM Pro (subscription req’d):

Infrastructure Q1: IaaS Comes Down to Earth; Big Data Takes Flight
Can Social Media Save the Music Business?
In Q4, Data Was Mobile’s Hot Spot

Friday, July 29, 2011

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A Savage Beast

Can’t Buy Me Love

A Savage Beast

Can’t Buy Me Love

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