Here you go: http://imgur.com/oMU0G

Great movie!

Just to add to this comment. $100MM at 2% management fees, leaves $2MM for expenses (audit, legal, accounting), officers and staff. He probably makes most of his annual take in a performance bonus, which this 'screw up' probably reduced.

FWIW, my favorite part showing how these short term guys think: "we heard rumors there was a market in Europe for $70/share" fast forward to "this thing should have been trading in the $60 to $70 range." Based on a rumor from another continent.

Who's the audience? Sounds to me like he's looking for employees who will take a piece of changing the world (equity?) over cold hard cash.

Based on all the talkers I hear, and the positive feedback they constantly get about how "cool" it is that they want to be an entrepreneur.. I think a good hard "don't do it" would be helpful fire under their butts to JFDI.

Reminds me of the saying: "The grass is greener where you water it."

I've been using DuckDuckGo more and more lately since google added a redirect[1] for any link clicked in their search results a couple months ago.

I'm in China and most links I click on google don't load. Perhaps because China is messing with DNS queries to google.com and trying to limit the amount of data they collect on their citizens.

[1] The google link for duckduckgo search result first hits this link, and this is where the pageload errors occur: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&#...

"living is easy with eyes closed, misunderstanding all you see." - John Lennon

Have you considered working for either Volvo or Mercedes Marketing department?

This makes me think of Kahlil Gibran's The Prophet, where he tells a parent their children will live in a time they can never visit or see and therefore must let their children have their own thoughts.

The excerpt "On Children":

  Your children are not your children.
  They are the sons and daughters of Life’s longing for itself.

  They come through you but not from you,

  And though they are with you yet they belong not to you.

  You may give them your love but not your thoughts, 

  For they have their own thoughts.

  You may house their bodies but not their souls,
  For their souls dwell in the house of tomorrow, 
which you cannot visit, not even in your dreams.

  You may strive to be like them, 
but seek not to make them like you.

  For life goes not backward nor tarries with yesterday.

  You are the bows from which your children 
as living arrows are sent forth.

  The archer sees the mark upon the path of the infinite, 
and He bends you with His might 
that His arrows may go swift and far.

  Let our bending in the archer’s hand be for gladness;
  For even as He loves the arrow that flies, 
so He loves also the bow that is stable.

That is well said.

I was chatting with a friend who is studying education for her PhD about the article. We were unimpressed by Chua's approach and think it's quite too extreme.

I may be able to provide some old computers for the space.

Great to see this addition to Beijing!

Beijing, China

$800 in rent (single, just me footing that bill). Food expenses are between $500 and $1000 a month. Could easily spend less, but it makes being social difficult.

I'm working full-time with a RMB salary and working on side projects (a bit slow at the moment).

Local programmers can be cheap, $500-$1500/month. If you want to sell to the local Chinese market online you may need an Internet Content Provider (ICP) license, which could be costly. Note that I know nothing about this process, but it's probably a good idea to talk to a lawyer if this is part of your business plan. http://en.wikipedia.org/wiki/ICP_license

Do you host locally in China? Do you know any local VPS hosting?

$500 to $1000 a month for food? The food must be very good.

Sorry, I'm including weekend nightlife in Food expenses. With out it, Food expenses should be around 100 RMB/day, about $400-$500 /month