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No less an authority than James Daunt, owner of London's upscale Daunt's bookshops, once told me of a visit to a giant Tesco store: he said he'd happily have existed solely on books stocked there for the rest of his life.
It's sort of "Goldilocks and The Three Bears" in reverse: A mother bear and three cubs are accused of breaking into a Norwegian cabin, but instead of eating all the porridge, they drank all 100 cans of beer that were stocked there for safekeeping.
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For starters, Europe is hard to avoid — stocks there account for around a quarter of the world's total market capitalization.
On Apple's iPhone, "there was a button for stocks, there was a button for weather, but there was no button for news," says Jeffrey Litvack, director of global product development with the AP.
It seems to have badly overestimated how much actual demand for the stock there was, as opposed to demand for shares from people who hoped merely to flip them immediately for a quick profit.
Without legions of older Americans frightened of gambling their Social Security benefits on stocks, there was no market for the Inflation Proofer.
Currency problems in Asia may cause even greater dislocation for stocks there.
With such closely held stock there was no reason for Nortel to broadcast its story to the world.
For stocks there are exchanges like NASDAQ and NYSE where thousands of institutions congregate to trade with each other.
Convertible notes are thus ticking time bombs: if the maturity date is reached, and there hasn't been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster.
As lawyer Scott Edward Walker wrote earlier this year, because of this "Convertible notes are ticking time bombs: if the maturity date is reached, and there hasn't been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com