I was very pleased to hear that Mike Daniels’ presentation at UCSD’s Rady School on our book Names, Numbers, and Network Solutions was well attended. My wife Betty was able to make it, and she tells me that Mike did a good job explaining NSI’s role in the commercialization of the Internet, and the importance of public-private partnerships for advancing technology in this country.
Unfortunately, I was unable to attend, but I did have lunch with Mike when he was here and I was very happy to spend some time with him. I have included a couple of photos from the UCSD event.
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I just read an interesting article in the New Yorker magazine about the efforts to build a nuclear fusion reactor in France. From what I understand, it will be many years before scientists are able to build a viable fusion reactor, but I have no doubt that it will one day come to pass. The current project goes by the name International Thermonuclear Experimental Reactor (ITER), and the article is worth a read if you have an interest in this potential power source.
Mike Daniels and Professor Vish Krishnan
Mike Daniels, Betty Beyster, and Bonnie Daniels
We will soon be publishing The SAIC Solution, 2nd Edition and would love for current and former SAIC/Leidos employees to be part of the book cover photo project. Please send an email to email@example.com with a self-portrait of yourself while working at SAIC/Leidos or a recent headshot (at least 1 MB). If you only have a non-portrait photograph, we would still like to use it. Also, please send us the years you worked at the company, your department(s), and title(s).
If you know anyone who would like to be incorporated in the cover, please share this link with them.
The final deadline is Friday, February 28, 2014.
I am looking forward to Mike Daniels’ upcoming talk about the commercialization of the Internet, which is scheduled to take place on Tuesday evening, February 25, 2014 at the UCSD Rady School here in La Jolla. Mike will also be signing copies of our book Names, Numbers, and Network Solutions at the event.
Although RSVPs were due on February 20th, if you’re interested in attending, I suggest that you contact the Rady School event planners to see if they can find you a seat. I hope to see you there.
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I was interested to learn about Facebook’s recent purchase of WhatsApp, a company with just 50 employees, for $19 billion. According to the articles I have read about the acquisition, Facebook is not buying the company’s technology, which other companies also offer, but instead it is buying the company’s half-billion-or-so person strong user base, many of whom reside outside the United States.
Although the $19 billion price for WhatsApp has heads spinning in the Silicon Valley, I am reminded that in 2000 we sold Network Solutions to VeriSign for $19.3 billion, or about $26 billion in 2014 inflation-adjusted dollars. As some observers will recall, that deal was sealed just a few days before the Nasdaq reached its all-time intraday high of 5132.52, a number that hasn’t been seen again as the air quickly leaked out of the dot-com bubble and the index hit a low of 1108.49 in October 2002.
Are we in a new Internet technology bubble? The extraordinarily high valuations of companies such as WhatsApp seem to indicate that history may be in the process of repeating itself. We’ll know for sure within the next year.
Last Friday evening my daughter Mary Ann Beyster and Names, Numbers, and Network Solutions editor Peter Economy attended the preview reception for the 48th Local Author Exhibit at the new San Diego Main Library. From what I understand, the new building is quite magnificent, and the event was very well attended by local authors.
The NSI book will be on display at the library for the entire month of February. I have included some photos from the event.
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I would like to thank everyone who has submitted suggestions for a new subtitle for The SAIC Solution, second edition. We have received some good ones. We have also received a number of photos from blog readers to include in the SAIC employee photo mosaic on the front cover of the book.
If you haven’t yet sent in a photo, it’s not too late. Please send a message to Jamie Dickerson at the FED at firstname.lastname@example.org and include a photo of yourself while working at SAIC/Leidos (at least 1 MB), the years you worked at the company, and your department.
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I had a very enjoyable lunch a couple of weeks ago with Bill Hagan. We talked about a variety of interesting topics.
Bill later sent me a photo of the old SAI Lunchtime Running Crew. That brought back many pleasant memories. I have included a copy of the photo below.
I recently read in the Los Angeles Times that Tom Jones, former CEO of Northrop, died a couple of weeks ago. Jones was probably the last of the maverick aerospace top executives from the ’60s, and he turned Northrop into a real global power to be reckoned with.
While I didn’t personally know Tom Jones, I knew Don Hicks very well. Don served under Tom as Northrop’s senior vice president, marketing and technology, and later served as Under Secretary of Defense for Research and Engineering, and on SAIC’s board.
According to Hicks, Tom Jones “…was a brilliant thinker. He took Northrop from nothing and made it into a viable corporation. Then through a lot of effort, it moved to the top tier of the industry.” I wish Tom’s family well.
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Don’t forget that we are looking for ideas for a new subtitle for the second edition of The SAIC Solution. If you’ve got an idea, please let me know. I think we have received 6 or 7 ideas now.
I recently read an interesting article from Forbes.com that discusses employee ownership. I was very pleased to see that there is still a national conversation about the benefits of employee ownership.
The article is titled “Raising Minimum Wage? How About Raising Employee Ownership?” and it references Rutgers professor Joseph Blasi’s new book, The Citizen’s Share. The main point of the article is that rather than engaging in protracted fights over whether or not to approve an increase in the minimum wage, our elected politicians should instead consider a different solution for helping employees: “encourage companies to provide greater ownership opportunities or revenue sharing to all their workers.”
As you are likely aware, this was one of the policies that enabled SAIC to succeed so decisively against the competition while providing every employee with valuable company equity. I wholeheartedly agree with the author of this article, and I hope that more companies will give broad-based employee ownership a try.
As he pointed out, companies don’t need to wait for legislators to see the light — they can adopt employee ownership practices now. I firmly believe that if they do, the positive effects will be significant and long lasting.