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Rich Tehrani
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Spoof Video Mocks WWIII Start

September 12, 2013

Ruling Clears Way for Bitcoin Regulation

August 8, 2013


All it took was one bad actor… BTCST was a Bitcoin-based hedge fund savings & trust which turns out to be more Ponzi scheme than investment vehicle. Investors collectively lost 263,104 Bitcoin in principal, that is $1,834,303 based on the daily average price of Bitcoin when they purchased their BTCST investments, or in excess of $23 million based on currently available Bitcoin exchange rates. The founder of the fund Trendon Shavers was formally charged by the SEC in 2012 but Shavers fought back by saying Bitcoin is not money so it isn’t subject to Federal Securities Laws.

It turns out Judge Amos Mazzant disagrees and in a statement mentions that Shavers used Bitcoins to pay his living expenses and moreover explains that even though Bitcoins aren’t accepted everywhere, they can be converted to other forms of currency.

Chinese Government Funds Global Telecom Roll Outs Through ZTE

December 20, 2012

With global uncertainty the norm, many carriers have struggled to get financing for new infrastructure projects and in fact they have been a bit hesitant to spend on areas other than wireless where ROI is much more predictable. Subsequently, the financial challenges facing Alcatel-Lucent, Nokia Siemens Networks, ZTE and others aren’t expected to dissipate any time soon. What may be a surprise to some though is how ZTE, a Chinese telecom equipment manufacturer with relatively low costs could have lost $414 in Q3 of this year while seeing sales drop by 13% and gross margins cut in half.

In response to this decline, China Development Bank (CDB) an entity controlled by the Chinese government has given the company a $20B line of credit at very low rates allowing it to streamline operations, continue its expansion and perhaps most importantly finance its customers’ purchases.

In Defense of Capitalism

July 30, 2012

I am fortunate to have watched my father at a young age start TMC – the company where I am CEO and turn it into a company which has helped feed thousands over its 40-year history when you consider contractors, freelancers and their family members. I have always seen the United States as the “land of opportunity.” After all, a person could come here with a few dollars in his pocket, not know the language and become a successful publisher of magazines.

In many other countries this can’t happen because of an entrenched class system and a bloated government making rules and regulations which strangle business.

And my father’s story is far from unique – many people come to the US every year and make it big and in the process boost the economy in myriad ways.

Big News: Marc Andreessen to Support Romney

March 4, 2012

The biggest issue the US currently faces is a lack of jobs and perversely we have a President who has never actually worked in the private sector. To keep this from becoming a partisan post, President Bush was in the private sector but didn't appear to actually be successful there.

So if the next election has to do with getting Americans back to work, many people believe the best person to achieve this goal is someone who has been successful in business and has hired and fired people in their career.

Contrary to popular belief, a presidential candidate who laid people off is in the best position to understand why businesses lay off and subsequently help foster a climate where less companies consider parting with workers. A candidate who hired overseas instead of in the US is in the best position to understand why the US and US workers in particular are at a disadvantage when it comes to competing internationally.

For these and other reasons, Silicon Valley's Marc Andreessen is endorsing Romney and even if he isn't the most conservative person from a social perspective he understands business, global competition and has the greatest potential to help the US compete against the emerging global powerhouses of India and China.











Ineptocracy Definition

November 3, 2011

Gary and Mary West: Improving Healthcare Through Disruption

October 19, 2011

For years, Americans have prospered like people in no other country on earth because our class-free society allowed virtually anyone with a good idea to launch a company, hire, prosper and keep the majority of the fruits of their labor. A competitive entrepreneurial culture further fostered an environment where successful businesspeople went from being entrepreneurs to serial entrepreneurs.

Even more impressive, so many of these successful businesspeople seem to reach a point in their career where they don’t feel satisfied helping society through their inventions and hiring, they want to focus on problems with society and fix them directly.

Such is the case with Gary and Mary West – two legends in the call center space as founders of West Corp. As you may know,in 1982 TMC launched the first magazine in the world in the call center space and at the time we called it Telemarketing (now Customer Interaction Solutions).

Herman Cain Page Views Greater Than Others Combined

October 17, 2011

As of tomorrow it will be three weeks since I wrote my post regarding Herman Cain Crushing it Online and to see how much staying power he has I went back to Alexa and did some analysis on all the major candidates. As a refresher, this graph below shows Cain's late September ascent with a week's worth of results.



The question on everyone's mind of course is will Cain be a flash in the pan like Perry was. To get an idea of what happened to Perry, check out the graph below where Perry's page views (mustard yellow) spiked for a few days in late August and rapidly descended below Romney whose traffic is represented by the red line below Cain. As you can see, Cain has not only sustained the lead in page views over other candidates but his page views are accelerating and are greater than all other major candidates combined.




To put this in perspective, Newt Gingrich recently released his new 21st Century Contract With America and promoted it on his website. This contract is the second one he proposed - the last one was the basis of the Republican House majority sweep in 1994 during the Clinton presidency mid-term elections.








Herman Cain Crushing it Online

September 27, 2011

Just a week ago the common wisdom was the Republican nominee would be either Mitt Romney or Rick Perry but when Herman Cain won the Florida straw poll this past weekend it showed that clear cut leaders are not as “clear” as many had thought. In fact the 65 year old Georgian had a resounding victory in last week’s poll winning 37% of the votes. To put this in perspective, this is more than double the number of the runner up Perry at 15.4% or Romney at 14% and a higher percentage than the next two combined.

When I heard the news I went to Herman Cain’s website to contribute and as I mentioned this past weekend the site was down.

Women's Rights: The Next Frontier of Product Marketing

September 26, 2011

History shows us commoditized markets can be fertile ground for differentiation and pricing power if a product or company is innovative, branded properly and/or connects emotionally with purchasers. In the tech space we think of Apple and Bose, while in the food arena brands like Häagen-Dazs, Grey Poupon and Purdue Chicken show that no sector of the market is immune to establishing high-end merchants.

Ethical Oil

And this is all I could think about when I came across the legal fight between the Kingdom of Saudi Arabia and the Ethical Oil Institute an advocacy group whose message involves switching from Saudi oil, a product supporting human rights abuse to Canadian oil sands.

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