Word: kawasaki
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...Valley legend is a familiar one: A few guys tooling around in a garage come up with a killer app. The innovators become entrepreneurs with the help of venture capital and launch their product to immediate acclaim. Their company goes public, and they're all instant zillionaires. Whoa, cautions Kawasaki, a Valley legend himself. It ain't that easy. "Flailing, grinding, thrashing, and getting lucky are why companies succeed," he says. And why entrepreneurial wannabes...
...Kawasaki Portfolio; 474 pages...
...predecessors, Shinzo Abe and Yasuo Fukuda, resigned after about a year amid abysmal public approval ratings. "The public is ready to give up on politics," says Mr. Kawasaki, a sushi chef in Tokyo. "We want someone who will stick it out for more than a year and get something done." Smelling blood, the opposition party, the Democratic Party of Japan, is ready wants to take advantage of LDP weakness by gaining control of Parliament and forcing the ouster of yet another new prime minister...
...independence. After growing relatively briskly over the last five years, Japan's economy now appears to be slipping into a malaise and possibly a recession. "Muto is seen to be close to the government and to the Ministry of Finance," says Lehman Brothers chief economist for Japan Kenichi Kawasaki. "You can imagine Muto's potential sympathy toward those you might call his schoolmates." Although he calls Muto a "smart, top MOF guy," Kawasaki added he is "more like a lawyer than an economist...It's a pity that there's not a stronger candidate...
...each of their countries. The hope for a concerted effort by banks to lower interest rates in Europe and Japan, for example, simply won't happen. "The fact is that the European Central Bank faces inflation risk and the Bank of Japan won't move either way," says Kenichi Kawasaki, Lehman Brothers' chief economist for Japan, last Thursday...