— Fragments

While I won’t be going to the SXSW festival in Austin this year, for the past two years I always enjoyed heading over to the Maple Leaf lounge and checking out what my fellow Canadians were up to. Canadian beer, Canadian projects, guaranteed good times.

A few months ago I started getting emails from Northof41.org, the group that puts the Canadian events on. The very worthy goal of Northof41 is to “promote Canada as a dynamic place for business opportunity by highlighting digital media technology companies.” Right on!

But something wasn’t quite right. I mean, when I was growing up in Toronto, I was always taught that the border between the two great nations was the 49th parallel. Yes, there was some confusion at the fact that Toronto sits north of the 43rd parallel, but also pride, pride in the fact that my compatriots had stood up to the slogan of the perfidious President Polk: Fifty-four forty or fight! Canada without those five degrees of latitude would be pretty grim.

Returning to the 41st parallel. The 41st parallel is the Colorado-Wyoming border. It does not touch Canada at all. So why has Northof41 chosen it? My initial reaction was that they are a bunch of bunglers, and that no one who has ever associated with the group has pointed out that the usual shorthand for the Canada-US border is the 49th parallel, and not the 41st.

But let’s be charitable. We could point out that the southernmost point in Canada is Middle Island in Lake Erie, which sits between the 41st and 42nd parallel.

But if that’s the case, Americans watch out! Thirteen U.S. states are entirely to the north of that point, and one thing that’s clear is that the world’s longest undefended border will soon be under attack by Canadian technology entrepreneurs. “Cross-border discussion” indeed!

Northof49 might be a better name.


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Let me tell you about investors. They are different from you and me.

The vast majority of us work in order to live. Time is our capital, and we have more time than we have money. So we sell our time in order to receive money.

Professional investors are different. They have more money than they have time to spend it in.

Why do investors give money to entrepreneurs? Because entrepreneurs know how to spend money better than investors do. Entrepreneurs save investors time.

Raising money is simple, but hard. You must convince an investor that they are richer with their money in your bank account than with their money in their own bank account.

Convince them fast. You don’t want to waste their time.


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Usually I hate to be wrong, but here is a case where I am truly delighted. Writing off the great Puyol’s international career was in retrospect a silly mistake. Tenacity, determination, hard work, and class have a way of showing through. Let it be a lesson!


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On the warmest day of the year, feeling physically and mentally at my peak, well ahead of schedule for my next meeting, I dropped my phone on the ground and the screen shattered. Eff…

So, sometimes it’s not the stress, or the distraction, or other people, or the booze. We’re all fools some of the time. It’s good to relax.


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The text-based news business has been in crisis for more than a decade. The destruction of billions of shareholder value in countless institutions is quite breathtaking. Why have so many companies gone bust? Why do the old business models no longer work?

One factor creating a crisis in the industry is the steady market share decline of print advertising. Consequently, the basic currency of advertising, the ad impression, is not what it used to be.

What is an ad impression? According to the Interactive Advertising Bureau’s Glossary of Advertising Terms, an ad impression is:

  1. an ad which is served to a user’s browser. Ads can be requested by the user’s browser (referred to as pulled ads) or they can be pushed, such as e-mailed ads;
  2. a measurement of responses from an ad delivery system to an ad request from the user’s browser, which is filtered from robotic activity and is recorded at a point as late as possible in the process of delivery of the creative material to the user’s browser — therefore closest to the actual opportunity to see by the user. Two methods are used to deliver ad content to the user – a) server-initiated and b) client-initiated. Server-initiated ad counting uses the publisher’s Web content server for making requests, formatting and re-directing content. Client-initiated ad counting relies on the user’s browser to perform these activities. For organizations that use a server-initiated ad counting method, counting should occur subsequent to the ad response at either the publisher’s ad server or the Web content server. For organizations using a client-initiated ad counting method, counting should occur at the publisher’s ad server or third-party ad server, subsequent to the ad request, or later, in the process. See iab.net for ad campaign measurement guidelines.

Sacré merde! Number one is at least somewhat straightforward. Number two is quite hard to make sense of. What is clear here is that neither definition has anything to do with the world of print. The ad impression is not what it used to be. And that is definitely meting out some migraines.

Please help me think about this issue with a question in the Urtak below.

 


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I wrote a piece analyzing the results of CBC’s questions about First Nations people in Canada for the Urtak blog. Enjoy it here.


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The implosion of Yugoslavia was a geopolitical tragedy. Yugoslavia was a vibrant multicultural and multiethnic republic with a proud history. It had thrown off the yoke of Hitler and of Stalin. It was a rare socialist state that allowed worker-run enterprises, a mixed economy, and free emigration. It helped to found the Non-Aligned Movement which played an instrumental role in ending colonialism around the world.

As we know, in the 1990s Yugoslavia disintegrated in an orgy of vandalism. The rape of Bosnia, the massacre of Srebrenica, the cruelty of Operation Storm. The senselessness of the Yugoslav wars claimed more than 100,000 lives and ruined millions more. To what end? What was one country is now seven weak republics crippled by their hate for one another.

Yugoslavia wasn’t a paradise. The atrocities committed in two world wars meant that ethnic tensions among the south Slavic peoples certainly simmered throughout the post-war period. But the breakup of Yugoslavia was no mere tribal squabble.

The economy of Yugoslavia was severely punished by the oil shock of the 1970s. It never really recovered. By 1988, a debt and inflation crisis had brought the economy to a standstill and in order to obtain a $1.4 billion bailout from the IMF, the government imposed a policy of austerity. Suffice to say, the medicine did not cure the patient.

It was in this context that vain and cruel men like Franjo Tudjman and Slobodan Milosevic were able to rise to power in their regions. Instead of working together to solve the nation’s problems, they shored up their narrow support by scapegoating their adversaries and appealing to the worst impulses of their followers. When Yugoslavia most needed statesmanship and courageous leadership, its political class destroyed the country for its own benefit.

Is this too simplistic an analysis? Perhaps. But let’s bear in mind that in 1984, as the world celebrated the Winter Olympics in Sarajevo, no one would have guessed that just a decade later that the Jerusalem of Europe would be suffering a plague of mortar and sniper fire in a bloody siege. Yet it happened.

So what has this got to do with Spain? Nothing at all, is my sincerest hope.

Spain is a country haunted by an ugly history. The scars of the civil war of 1936-39 have not healed. In Navarre, the province where my father was born, fully 2% of the adult male population was murdered by reactionary repression during the war. After 75 years, my grandmother was still emotional as she described to me this summer how a boy from her village had been dragged from his home and executed without trial. This was terror.

If they want, right-wingers can complain too. One month ago, Santiago Carrillo, the historic leader of the Communist Party of Spain died without ever having been made to answer for his role in the slaughter of thousands of rebel officers at Paracuellos.

After the Franco dictatorship, during the twenty-five fat years between 1982 and 2007, Spain attained a spectacular prosperity. After centuries of exporting people, people actually went to Spain in search of a better life. Unimaginable!

Today, despite all the sporting success, the party is over. Unemployment is over 25%. More than half of young people are out of work, the state is bankrupt, and hunger once again stalks Spanish streets. The economy is getting worse. In the midst of this misery, Spain has become the most economically unequal country in the eurozone.

One might suppose that in this environment, the leaders of Spain would be desperately finding ways to revive the economy and rescue the country. Instead, headlines are dominated by the invective of Mariano Rajoy, the prime minister, and Artur Mas, the president of Catalonia.

While bad relations between Madrid and Barcelona are nothing new, the intensity of the negative feelings is quite surprising, mostly because the disagreements between the two leaders on the fundamental question of economic recovery are minimal. Both are committed to policies of austerity and have slashed public spending, which increases the pain that their people feel every day. Both are unable to admit that Spain’s banking sector is totally insolvent. And of course, neither of them will to stand up to continuing German demands for further turns of the screw.

In the absence of a plan to fix what is together with Greece the worst-performing economy in the world, we are left with debates and analysis that lose contact with reality. “The problem is that the Catalans don’t speak Spanish!” says Ignacio Wert, national minister of education. “The problem is that we give too much money to Andalusia,” says President Mas, whose region grew wealthy from the labor of immigrant Andalusians.

Spain has many problems and it’s right for politicians to disagree on solutions. But it remains unclear how encouraging chauvinism and ridiculing solidarity addresses any of them. What can we say about Rajoy and Mas? That they are irresponsible and short sighted? Let’s remember, in 1990, that’s the worst we could have said about Milosevic and Tudjman.

Throughout the Spanish economic collapse, consumption of luxury goods has continued to rise. More Lladró figurines are being sold than ever. But the biggest luxury Spain allows itself is a political class that cares more for its own privileges than for the nation’s problems.


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NYC. July 1, 2012.


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Ethnic groups in Bosnia Herzegovina in 1991.


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