Issue 134

April 2009



Fast Talk

  • How Y Combinator Schools Tech Startups

    Jessica Livingston along with Trevor Blackwell (center), Paul Graham, and Robert Morris, cofounded Y Combinator, which trains early-stage tech startups for a "semester" to help them navigate companyhood.


  • Update

    From big molecules spring big deals: Drugmaker Wyeth, which develops large-molecule pharmaceuticals cultivated from living cells, is set to be acquired by Pfizer in a $68 billion megamerger.


  • The Business of Golf

    Millions of men and women rise in the early morning to don plaid and shout "Fore!" On April 9, millions more will park themselves in front of their TVs as the 73rd Masters Tournament begins in Augusta, Georgia. Here, a look at the business behind this centuries-old sport.


From the Editor

  • Editor's Letter: Two Wicked Startups, One Common Thread

    During the past few weeks, I've been making the rounds to top execs at big companies across the country to see how this economic crisis is playing out on the ground. Among the consistent laments I've heard: Firms can't plan and budget for the future because it's so uncertain.

    This got me thinking about the illusion we've been living with — that we could somehow predict the future, at least in business terms. It was, of course, always a mirage.