Edahn Golan Viewpoint

Two guys are put in a room with a suitcase full of cash. They are told they will not be allowed to leave the room until they decide on how they will divide the cash between them. Alternatively, they can leave the money in the suitcase and walk away with nothing. The door closes and Abe immediately offers to split the money 50/50 and go home. Berry offers him in return a dirty look and replies, "I'm taking 90 percent of the money. If you don't like the idea, I'm OK with walking away with nothing at all. The choice is yours. After a heated back and fourth, Abe sees that Berry is not budging, and concludes that the only way for him to get any money is by accepting Berry's hard-line stance. The KP talks this week bare resemblance to this story. www.idexonline.com

Edahn Golan was spot on. All of us should know that life is not perfect. Give and take or lose it all. Compromise.

The Power Of Ideas

An entrepreneurial platform created by The Economic Times to seek, nurture and groom business ideas. www.ideas.economictimes.com

Gem Lab Update

GEMNOTES Vol. 1, No. 3, June 2010. www.gemlab.net

Random Thoughts

A black and white image reduces photography to its simplest elements — shapes and shades. In the same way, a T-shirt is clothing in its simplest form.

- Ken Miller
www.uniqlo.co.uk

Brilliant. I loved it.

Art Market Update

Siouren Melikian's Art Market Report. Name = Everything. That sums up the trend of the market of today. Period. www.sothebys.com + www.christies.com

Diamonds, Development, And Property Rights

Brilliant video indeed. This video details the problems faced by diamond miners working with alluvial diamonds in the Central African Republic, and the challenges of affirming property rights at the grass roots level. The video briefly summarizes the 8-step process PRADD developed to translate customary rights into statutory rights. The process combines community development techniques to identify, organize, and motivate miners with GPS devices to precisely locate the mining claims.

Useful links:
www.usaid.gov
www.ardinc.com

Startup Update

Near-Eye Tool for Refractive Assessment (NETRA) is a brilliant innovation by the researchers at the MIT Media Lab. I hope the technology becomes available/affordable for hundreds of millions of people in the developing world. www.media.mit.edu

Glastonbury Festival 2010

Glastonbury Festival, the world-renowned festival started in 1970 is celebrating its 40th anniversary in 2010. www.glastonburyfestivals.co.uk