Why We Think Priceline Is Fully Valued At $590

While we maintain a positive outlook for Priceline's long-term growth prospects, we think the current growth rate is difficult to sustain in the long run and estimate this to slow in the years ahead.

Source: http://www.forbes.com/sites/greatspeculations/2012/11/30/why-we-think-priceline-is-fully-valued-at-590/

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Summit Series Now Owns A $40 Million Mountain, And One Of The First Things It Built Was A Giant Bird Nest For Humans

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It cost them about $40 million, but Summit Series, the destination startup conference for a younger, "cooler" set of entrepreneurs, now owns a mountain in Eden, Utah. It will use Powder Mountain, which the group is calling "Summit Eden," to to host all of its future conferences, retreats and events.

The property is 10,000 acres and includes a lake surrounded 360 degrees by mountains.

"It's a place where a horizon line isn't a boundary, it's a beginning," the founders wrote on their site.

The founders, Elliot Biznow, Brett Leve, Jeff Rosenthal and Jeremy Schwartz, want Summit Eden to become a permanent place of innovation, and they'll be building a few roads and structures to turn the mountain into a community where businesses can flourish. 

The first thing the team built, though, is unusual.

"One of the first structures we actually had built on the mountain is a nest made of 100% natural materials, no nails, woven together in a tree," says Summit's community development leader, Natalie Spilger. "It allows you to stumble upon it in a way that makes you think, 'How can this be possible?'"

Summit Series was founded in 2008 and the first gathering included 19 entrepreneurs who spent three days at a Utah ski resort. The series has grown to hundreds of attendees. Speakers have included Bill Clinton, Sean Parker and investor Peter Thiel.

Business Insider first broke the news that Summit Series was seeking $40 million for Powder Mountain in March; the founders wanted 40 people to invest $1 million each.

For more on the mountain and Summit Series' vision for it, check out the video, below:

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Source: http://feedproxy.google.com/~r/businessinsider/~3/ZjSYzfv-I60/summit-series-now-owns-a-40-million-mountain-and-the-first-thing-it-built-was-and-a-giant-bird-nest-for-humans-2012-12

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Study Begs The Question: If You Love Your Phone So Much, Why Don?t Ya Marry It?

We already know there’s a name for that intense anxiety you might feel at being separated from your cellphone (where are my fellow nomophobics at?) but how many of actually admit we love our phones with true, shameless burning affection? A new study from Pew says if you adore your phone but feel a little weird about that, you’re … [More]

Source: http://consumerist.com/2012/11/30/survey-begs-the-question-if-you-love-your-phone-so-much-why-dont-ya-marry-it/

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There's Another Half To Your Job

team work group

Corralling brilliant and creative individuals to work together as a team is incredibly difficult.  That’s why every successful company where people are both productive and happy feels a little magical.  The harried, stressful environment or the disengaged, sullen office are both far more common sights.

You might think that creative and productive individuals easily combine to form creative and productive teams, but I’ve noticed that the opposite happens more often than not.  An individual’s creativity and productivity are extremely fragile things that are liable to fall apart when individuals are put in a room to work on problems that are complex, time-constrained, and flat-out hard.  

A well-intentioned response that I often see out of productive people is to get frustrated when not enough is getting done and go 100 percent into heads-down mode, but that just exacerbates the problem.  What ends up happening is embitterment, disengagement, and finally, attrition.  Preventing all that from happening is the other half of everyone’s job.

Tom Sachs is a contemporary artist famous for his sculptures which are elaborate DIY recreations of modern engineering and design masterpieces (like the space program) who has a surprising take on how to get creative people to work together and get stuff done.  In his studio, if you’ve done your work, you’ve only done half of your job.

‘[S]ent does not mean received’ is a profound thing. Half of your job in this studio is doing your work, the other half of your job is communicating that it’s been done. Because if you do it, and I don’t hear about it, how do I know what’s going on? I’m not trying to control everything, but in an intimate work environment, where we’re really trying to develop something complex, a nod, saying, ‘I got it,’ helps moves things along.

Focusing too hard on getting stuff done just produces more stuff that needs to get done, and that’s a trap.  This is most poignant to people who’ve worked on projects with lots of moving parts.  Communicating that you’ve gotten the work done is another half to your job that’s absolutely vital.

Ultimately, we as humans are extremely sensitive creatures and the moments when we do our best work can quickly become fleeting.  In Tom Sachs’s understated words, “Working with 15 people is very difficult.”  

To me, this is what people talk about when they talk about company culture: it’s the entire other half of everyone’s job to make the company run smoothly.  What Sachs says about artists rings true for anyone involved in creative work.

The artist’s creative process is a very fragile thing. Nowhere else do you find people who are as brilliant and self-motivated as in the arts and yet as fragile and insecure. Working with 15 people is very difficult. We’re trying to cultivate the indulgences of the creative process and, at the same time, eliminate creativity as a capricious gesture. In other words, a little creativity goes a long way. It’s like chili pepper. A lot of artists are filled with caprice and silliness. Finding that balance is the key to everything.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/dTwea9kVsCo/there-are-two-halves-to-collaborating-with-coworkers-2012-11

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Consumerist Friday Flickr Finds

Here are fourteen of the best photos that readers added to The Consumerist Flickr Pool this week, picked for usability in a Consumerist post or just plain neatness.

Our Flickr Pool is the place where Consumerist readers upload photos for possible use in future Consumerist posts. Just be a registered Flickr user, go here, and click “Join Group?” up … [More]

Source: http://consumerist.com/2012/11/30/consumerist-friday-flickr-finds-170/

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Mark Sanchez Furiously Scribbles Down Notes After The Jets Scored

Sanchez got benched and Greg McElroy came on the NFL field for the first time ever and led the Jets into the endzone.

Here's a funny GIF of Sanchez taking notes after the touchdown via Big Lead Sports:

sanchez gif

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Source: http://feedproxy.google.com/~r/businessinsider/~3/OPEadVqKzwA/mark-sanchez-furiously-scribbles-down-notes-after-the-jets-scored-2012-12

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Govt Insured Program For Senior Home owners

Reverse mortgages are an progressively preferred way for seniors to dwell off the equity from their residences and cease creating mortgage payments. This government application for seniors is assisting them give a method to combat the slowing financial system. This federal government application was developed from the Division of Housing and concrete Advancement (HUD) in [...]

The post Govt Insured Program For Senior Home owners appeared first on legal debt help online.

Source: http://www.legaldebthelponline.com/2012/06/27/govt-insured-program-for-senior-home-owners/

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Credit Card Merging As Scientific Studies Are The True Secret

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The post Credit Card Merging As Scientific Studies Are The True Secret appeared first on legal debt help online.

Source: http://www.legaldebthelponline.com/2012/06/28/credit-card-merging-as-scientific-studies-are-the-true-secret/

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