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Forbes has released the latest list of Richest Persons in the World. I had some interesting insights. (In other words, am really 'vetti' now)

1. Most of the richest persons are from Developed countries (I know...I know ... this is a no-brainer)
2. The only developing economy which has the most # of richest persons in the top 100, is Russia (5) followed by India(3).
3 The other developing economies in the list of top 100 are Mexico and Brazil . China is surprisingly absent. Ah..for once we beat them :)

But this raises an interesting question - Does this mean, the economic divide is more in India than China; In other words, is income more equally distributed in China than in India ? I know, we need more data to validate this. But just a thought!

Building A Better Skunk Works

An Interesting article on Corporate Venturing

Being from a Middle class family, always thinking about security, I found these lines pretty interesting :"You want to celebrate failure because you learn something. It's harder to do that early in your career. You need some level of security to say, 'I screwed it up,' and be comfortable that you're not going to get fired"

Stem cell

Stem cell research seems to be something that is done in far-away lands. But I heard about something that is done in our own backyard - Chennai; Here is some info from one of my friends.

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All of you must have heard about stem cell research in the recent US elections. Basically when a baby is born, the umbical cord contains stem cells that have been found to successfully cure Cancers, heart ailments etc.

These stem cells can therefore save the baby when (s)he grows up from potentially life threatening diseases. All that is needed from the parent's end is to store the cord instead of discarding it as is generally the case.

Fortunately, in India, we have one stem cell bank (in Chennai) that stores them. In case you are interested you can visit their website at -
http://www.lifecellindia.com/ and http://www.cryo-cell.com/

PS - As with any medical issue, your doctor/OB should have the final word.

:)

Read this somewhere: "Winston Churchill once described Russia as 'a riddle wrapped in a mystery inside an enigma.' ".. Umm...Interesting

India and China

This week 'The Economist' is running the India-China story . We really pale in front of China on almost every economic indicator.

There is this wonderful editorial on whether democracy is pulling india down; the conclusion made me feel a bit proud though - "democracy is not valuable only or mainly because of the contribution it may make to development. It is a great good in its own right. A proudly democratic India that grows at 6% a year (8%, which is entirely achievable, would be even better) should be congratulated for having succeeded better than a brutal anti-democratic China which grows at 10% a year. There is more to life than GDP. ". Can't help sounding jingoistic ;-)

10 years, 100 moments of the Web

Yahoo! Netrospective: 10 years, 100 moments of the Web

Obviously it misses out some important moments like Google IPO. Nevertheless nice!

Google-mania

A good article on Larry, Sergey and Google I am not a great fan of Google's strategy either. But their quarterly results just shut me up everytime. But more on that later.

DEAD ?!

Is my blog "DEAD"? How long should I wait before officially declaring this?