I will be speaking on a panel run by IBD Network this Wednesday (5/24) at Wilson Sonsini. The topic is: Business in the New World Order – Revenue Models 2.0. I'll then be involved in a speed dating round later in the day with the execs from some high growth companies. I'm looking forward to the chance to see some pretty cool companies.

The Developers Program team has been busy this week at Mix06 speaking on panels/ breakout sessions and getting the Developers Program mentioned by Bill Gates in his keynote. You can read more about it here. Big Kudos to Alan for building a very slick Live gadget.

Check out Alan's post about eBay support for RSS.  More is coming so stay tuned.

Interesting post by Ro.

When I was in college I interned for Lehman Brothers on their soft dollar desk. Soft dollars are basically barter agreements where an investment bank will pay for financial "services/products" for an investment company in exchange for trades (usually at a fixed ratio) down the line.

For example, Lehman would pay for Fidelity's Bloomberg cost if Fidelity traded with Lehman at ~1.5 the Bloomberg cost.  You can consider it a quid pro quo. The problem is "services/products" are pretty broad.  I seem to remember Lehman paying a lot of country club memberships and "social club" costs.  It looks like Fidelity is cracking down on this practice.

Times are changing!!!

I was just reading in the Wall Street Journal that money market rates just crossed the 3% threshold (ignore for the moment that 3% after inflation is 0%).  Guess who was leading the way in terms of 7 day yields? None other than PayPal at 3.27%.  Way to go guys!

You can check the latest yields here.

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