Image via Wikipedia I have lots of younger, entrepreneurially-inclined friends who ask me if spending perhaps $300K (including foregone income) to get a degree from a top business school is worth the time and energy.  I generally tell them that "it all depends".  If you want to be an billionaire entrepreneur, you might be better dropping out…

Waze hits the big time… Waze, a Palo Alto, Calif.-based social mapping company, has raised $25 million in Series B funding. BlueRun Ventures led the round, and was joined by Magma Venture Partners, Vertex Venture Capital and Qualcomm Ventures. www.waze.com

Learn how to raise funds for your start ups from experts… http://www.udemy.com/raising-capital-for-startups/before-you-raise-money-36063.html

If you have not registered your company/personal domain name in the new .co domain (www.COInternet.co), you ought to so squatters won't…

Why China will have to become more democratic…Thomas Friedman explains why an aging China will need bottom-up entrepreneurship to survive http://www.nytimes.com/2010/10/17/opinion/17friedman.html?_r=1&scp=1&sq=going%20long%20liberty&st=cse

Want a new way to find tech-savvy start-up employees? check out TweetMyJobs www.tweetmyjobs.com

Want to be a successful entrepreneur? Try being hypomanic, according to the NY Times today http://www.nytimes.com/2010/09/19/business/19entre.html?scp=1&sq=perfect%20entrepreneur&st=cse

Waze Update…Waze, the user driven traffic jam update app, announced today that it is linking with commuter groups to spread the goodness of it's traffic updates. This is a genius move–one that other web sites wanting to build traffic need to implement with their compatible communities.

"it's harder to be kind than clever"–Jeff Bezos 2010 Princeton Baccalaureate remarks–worth 2 minutes http://www.princeton.edu/main/news/archive/S27/52/51O99/index.xml

Venture Hacks this morning featured three interesting start-up case studies on how they got their funding: http://venturehacks.com/articles/three-financings