First of 2 parts

NEOLIBERALISM is a perspective that champions the market as the prime regulator of economic activity and seeks to limit the intervention of the state in economic life to a minimum.  In recent times it has become identified with economics, given its hegemony as a paradigm within the discipline, that is, its excluding other perspectives as legitimate ways of doing economics. 

IN a single day, October 23, Metro Cebu suffered sporadic brownouts for close to 12 hours, “rotated” to different feeders by the local distribution utility to spread out the damage. That Friday was just one of many, increasingly recurring days this year when most of the Visayas run short of its needed power, a problem predicted years ago but has not yet quite been prepared for.

If you think of venture investment as a three-part cycle—finding a deal, managing a deal and finally “monetizing” or exiting from the deal—then what is the most difficult step in that process? While critical to success, the first part—the decision to invest—is the easiest. Even if you miss a good opportunity, another one will emerge. Managing the deal is the most time-consuming part and requires the most work. But often the trickiest part of the cycle is the last: knowing the right time to sell.