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Showing posts from July, 2007

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How Elon Musk Built His Empire - [Infographic]

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This graphic was created by information designer Anna Vital, read herfull article here.
Step by Step: How Elon Musk Built His Empire (by Anna Vital)“The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.”– Peter Thiel in “Zero to One” In the bookZero to One, prominent entrepreneur and investor Peter Thiel shares his vision on what it takes to create an extraordinary company. Specifically, Thiel believes that instead of making incremental upgrades to an existing product or service, a company must aim to do something completely new to avoid ruthless competition. While Thiel has worked with many impressive people over the years, Thiel points to Elon Musk as a particularlysuccessful memberof the Paypal Mafia that has gone “zero to one” many times. THE RÉSUMÉAt only the…

Profiles of a scam

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Here's a website I saw after doing some research on Francswiss. The company is called Swiss Cash, the website is

http://frankyswiss.50webs.com/serene/index.html

I don't know if this website or company is legit, it looks like it's based in Singapore. But it looks fishy to me. Now first if all, to be fair, this website is probably the website of the recruiter because there is a referral ID. But here is why I think it's fishy.

First, clicking on the link below the lady's picture should take you to http://www.swisscash.biz/ where you can put in the referral ID. But the link doesn't work.
Second, if you click the payout plan, it goes to a link that shows you how the financial adviser makes money. It looks a lot like a pyramid/multi-level networking business. That's fine, there's a lot of legitimate multi-level marketing business like Usana, Nu Skin, etc. But that is not that gives me a warning sign.

If you look at the page, the top most page tells you how Swiss…

Pyramid Scam in the Philippines...again!

Another scam has been unveiled in the Philippines. This time it's trading "futures derivatives". The company is called FrancSwiss (wow...what a unique name, they just reversed Swiss Francs) and were offering people with a 12% annual return. Their minimum is $40,000 to invest, but if you don't have the $40,000, they encourage you to partner with someone to come up with the minimum. It was estimated that investors lose between $120 to $250 million in investments.

A friend was telling me about this where he knows someone who told him to invest in this company just last week. When my friend told me that they were offering 4.5% per day return, I told him that was a scam.

Good thing he listened to me and didn't invest any money. Yesterday, the news came out of the Inquirer saying the money in the bank accounts were all gone. Taken by the owner and most probably have left the Philippines.

Seriously, haven't they heard of Multi-Tel? Tibayan? G. Cosmos? If these ponzi s…

Atienza as new Environment Head

What's this I read? Former Manila Mayor Lito Atienza is the new DENR Secretary? Mayor Atienza who tore down Arroceros Park? Atienza who removed all the grass and put tiles on Plaza Binondo? Atienza who put tiles on Baywalk and practically removed all the trees and grass so he can put up stalls for foods? Atienza who concretized Manila?

What a perfect choice to head the Department of Environment and Natural Resources. He will definitely have a great effect on the Philippine Environment and Natural Resources.