Tech and Business Pearls

Bloody October

Markets are going to crash within the next month, maybe today. October is the month of volatility and big crashes ('29, '88, and many other examples). Politicians are muddling around with salvaging EuroZone, decentralized group disaffection has spread to the US and New York, billionaire hedge funder John Paulson is being harassed, VIX is absurdly high, congress is playing around with crazy ideas about taxing imports from China, the second largest world economy Japan is in a nuclear sink, and the tech sector which has bolstered the economy is slowing down.

I'd keep my money out of exposure to the market's beta for a few weeks.

Update: I was wrong!

over 7 years ago on October 12 at 11:45 am by Joseph Perla in finance


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Hi, my business card says Joseph Perla. Former VP of Technology, founding team, Turntable.fm. My first college startup was in the education space. My second was Labmeeting, a cross between Google, LinkedIn, and Facebook for scientists. I dropped out of Princeton (twice).

I love to advise and help startups. My code on Github powers many websites and iPhone apps. I give talks about startup tech around the US and also internationally at conferences in Florence. incubators in Paris, and startups in Budapest.

Twitter: @jperla

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