The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
“You have got to be willing to be poor [as an entrepreneur]. There was a time when I was living out of a single suitcase. I had a rule that I wouldn’t stay on one person’s couch for more than two weeks because I didn’t want to become a bother.” - Sean Parker
Image by Newton Free Library via FlickrSo I put out this blog post yesterday. Yes-ter-day.
Image by David Berkowitz via FlickrGroupOn Did Not Launch At South By South West 
Image via WikipediaGroupOn has grown like crazy. But it was not launched at South By South West. And I have an observation to make. 
Image via WikipediaI have had my double cheese burger super sized. It was like a six month disappearance - they had Wael Ghonim disappear for 12 days in Egypt, they had me disappear for six months in America, cost me two major victory parties, I guess it is a bigger deal to put a black man into a White (WHITE) House than it is to kick an Arab out - plus the Great Recession - all my investors walked away - plus the Great Immigration Humiliation. But I have not so much as flinched. 
Image via CrunchBaseFacebook not going IPO is real bad news for the average investors, people who might buy 10 or 20 stocks at $100 each. The growth in wealth that Facebook might see as it moves from a $10 billion valuation to a $50 billion valuation and beyond, all that is going to rich individuals and institutions. If Facebook had gone IPO at a billion dollar valuation, the 50 billion in wealth creation might have gone to average people. 
Image via WikipediaOf all the technologies that I see that can be put to use for microfinance - and I see a lot - the one that most stands out is mobile phone banking, the m-Pesa kind like has spread like wildfire across Kenya. 
Image via CrunchBaseToday has been my day for New York City, for Microfinance, for Greplin. 
Image by Zach Klein via FlickrFor Chris Dixon to have been an early investor in Greplin, I mean I am mighty impressed. You have to have been party of some kind of an inner circle, you have to have earned your way to being part of that inner circle. Being part of that inner circle was not enough. I mean, the Y Combinator companies present in front of lots and lots of angels and investors. To be able to spot Greplin for the winner that it is, early on, I mean, I am impressed. 
Image via CrunchBaseDon't get me wrong. I am and have been huge on Paul Graham and Y Combinator. Recently I read the name of a friend - 19 years old - in a magazine article. She apparently had graduated from Y Combinator and had just raised a million dollars in funding. I emailed her. Hey, is that you? Yes, it is me, she said. You should also raise money, right now is a great time to do so. 
Image via WikipediaI just sent an email to my top microfinance contact in India asking her to look into the "license to transact debt capital cross border" thing that Matt Flannery, one of the founders of Kiva, has raised in a Quora thread. 
