Entrepreneurs continue to reflect on the lessons of Steve Jobs—is his story ultimately a cautionary tale about a person obsessed with the wrong things in life? “Soon after Steve Jobs returned to Apple as CEO in 1997, he decided that a shipping company wasn’t delivering spare parts fast enough. The shipper said it couldn’t do […]
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Posted inEditor's Pick
Inside Groupon: The Truth About The World’s Most Controversial Company
Groupon actually lost $413 million in 2010. Diving into the S-1, it turned out that Groupon only considered itself profitable because it used a peculiar accounting metric of its own creation — adjusted consolidated segment operating income, or ACSOI. Basically, Groupon was taking the money it was spending on advertising to acquire new subscribers to […]
Posted inEditor's Pick
How Russian Tycoon Yuri Milner Bought His Way Into Silicon Valley
To many, Milner’s success is not just too much and too fast in a land of too much and too fast but … but … and here people start to petulantly phumpher … somehow unfair: Here’s an outsider who has handed out money at outrageously founder-friendly terms—paying huge amounts for relatively small stakes, essentially buying […]
Posted inEditor's Pick
Forever 21’s Fast (and Loose) Fashion Empire
How did the Changs, Korean immigrants who opened their first store in a gritty section of Los Angeles in 1984, become such important players in fast fashion? The family credits its accomplishments to hard work, faith, and frugality, though Forever 21 has not prospered without controversy. The company has been accused many times of not […]
Posted inBooks, Nonfiction
Loving Books in a Dark Age
In the “dark ages” of Europe, people began reading silently to themselves, and a love of books and learning took hold, pioneered by Bede.
Posted inBooks, Nonfiction
Tennessee Williams on His Women, His Writer’s Block, and Whether It All Mattered
Tennessee Williams tasked James Grissom with seeking out each of the women (and few men) who had inspired his work—Maureen Stapleton, Lillian Gish, Marlon Brando and others—so that he could ask them a question: had Tennessee Williams, or his work, ever mattered?
Posted inBooks, Nonfiction
Escape from Baghdad!: Saad Hossain’s New Satire of the Iraq War
In his debut, Saad Hossain brings a much-needed cynicism to our literature of the Iraq War. An absurdist protest novel in the vein of Kurt Vonnegut’s Slaughterhouse 5 or Joseph Heller’s Catch-22, Escape from Baghdad! relentlessly focuses the reader’s attention on the folly of war.
Posted inMember Pick, Nonfiction
The Craft of Poetry: A Semester with Allen Ginsberg
An intimate recollection of a Beat legend.
Posted inNonfiction
The Last Freeway
The true story of L.A.’s freeways, and a judge who changed everything.
