Circle Of Competence Issue #8
Department of Special Situations
Could be the start of an interesting spinoff situation to come later.
Stockspinoffs.com feature on the above deal. Good site for keeping track of company distributions and spinoff situations.
Short but excellent article on basics of Carl Icahn's latest deal - selling Tropicana Entertainment - with Gaming and Leisure Properties (GLPI). In general I have found Clark Street Value blog to be a wonderful resource and starting point on special situations opportunities.
Department of Startups
How Softbank is driving private valuations higher and forcing the hand of more VCs to raise bigger funds and write bigger checks... bubbly vibes abound in VC-land (just my opinion). Just as when Amazon and Google came out of the internet bust of 2000-2002, there will be those who survive this cycle of over-funding as well.
OKRs - Objectives and Key Results - are what one of the greatest VC's of all time uses to drive startup companies forward.