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Angel investors are essentially venture capitalists--their investment will either pay off big in the long run or lead to the kind of tax deduction no one ever wants (as in flop). The main difference is that angel investors provide seed money, usually on the basis of a business plan. Venture capitalists have provided such funding in the past but are now so large that they will not get involved until an operation is up and running and seeking to get to the next level...

Author: /time Magazine | Title: Investing: How to Be an Angel | 8/25/2003 | See Source »

FINDING NEMO WAS A SUMMER SMASH; SINBAD, A MAJOR FLOP. IS TRADITIONAL CEL ANIMATION DEAD? What's dead is bad storytelling. Technology doesn't make the movie; the story makes the movie. We've obviously done very well with computer animation and Pixar...

Author: /time Magazine | Title: 10 Questions for Michael Eisner | 8/18/2003 | See Source »

...approaches, I make a hajj to London's West End to see the latest shows. I was there this year during an unseasonably warm spell. The English are so unused to balmy weather that, when the sun takes a robust turn, they rush outside, roll up their sleeves and flop on a lawn or bench for a London broil. All that fair skin takes a ruthless incinerating; by day's end, the only color anyone's wearing on face and arms is pink. I guess, considering the caustic images of American statesmen and media figures in the shows...

Author: /time Magazine | Title: George and Jerry Take London | 8/4/2003 | See Source »

...NATURAL GAS: THE CONGRESSIONAL FLIP-FLOP. A quarter-century ago, Congress enacted the Powerplant and Industrial Fuel Use Act, which banned after 1990 the burning of natural gas by power plants to generate electricity. The reasoning: because that fuel was in short supply and was most widely used to heat homes--it goes to half of all residences--it should be preserved for that purpose. Pete Domenici, the Republican Senator from New Mexico, told his colleagues that year, "Almost since we found natural gas we have been busy finding ways to abuse it, waste it, literally throw it away...

Author: /time Magazine | Title: The U.S. is Running Out of Energy. | 7/21/2003 | See Source »

...rollers zeroed in on my shoulders, switching to a caressing and tapping motion, I started to enjoy it. The viselike grip of the air bags on my calves had me somewhat concerned, but realizing that resistance was futile, I finally let my left hand flop into the curved hand rest. Soon, pulsing air cushions were working their magic. With my free hand, I pushed a button that directed the chair to start in on my legs, hips and lower back. Ahh. That's it. Perfect. This nightmare was turning into a dream--until someone said, "Time...

Author: /time Magazine | Title: Technology: Sitting Pretty | 7/14/2003 | See Source »

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