I was out with Josh Grotstein–CEO of Motionbox–last week, and got to talking about how the inefficient market design of our current ad exchanges saps liquidity. OK, maybe I was talking about it. Possibly I was ranting*. Josh wisely changed the subject to an episode of 1987’s Max Headroom, featuring the first vision of an […]
Posts for May 2009
On Regulation and Innovation in the Financial Industry
Yesterday President Obama said We started taking shortcuts. We started living on credit, instead of building up savings. We saw businesses focus more on rebranding and repackaging than innovating and developing new ideas that improve our lives. But contrast that with this, from November of last year: The Securities and Exchange Commission this week issued […]