ROBGO.ORG

April 5, 2011

Looks like quite a few people took my April fool’s joke too literally.

There were nuggets of truth to the post, but most of it was tongue and cheek.

Truth – there is a big wooden table at the old Bessemer office that I wanted.

Truth – I do want to skate to where the puck is going. But the answer definitely is not Wellesley. Nor is the answer suburban hipsters.

Oh, and btw, we obviously are not raising a $1.61B fund to focus on China. But from what I hear, such a fund would not be too difficult to raise. Although I hear there is quite a bit of investor interest in that sort of fund. 

  • Author robchogo
  • | Filed under regular

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  • Lee Hower
     - 1 day ago
    @epaley doesn't make sense when lower unemp % being driven mostly by ppl dropping out of labor force, not getting new jobs
  • Lee Hower
     - 1 day ago
    @epaley in June 223K new jobs, but 432K people dropped out of labor force… participation fell to lowest in nearly 40 yrs
  • Lee Hower
     - 1 day ago
    @epaley but some have suggested US is moving to a lower equilibrium for full employment, e.g. "normal" unemp % is now lower than historical
  • Lee Hower
     - 1 day ago
    @epaley yes net job creation is obviously good… monthly avg in 2015 slower than 2014, but still a bit over 200k/mo thus far thru 1H

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