The Facebook IPO was this week’s biggest story. The social media giant, which boasts 800 million members, is seeking a $75-$100 billion market valuation. But hold your horses, investors. A lot of that optimism could be empty hype. After all, look at the site’s requested valuation as a percentage of its 2011 revenue, and compare it to other tech giants like Google and Microsoft. Also, contrary to Mark Zuckerberg’s claim, most of the world does not, in fact, “have access to the internet or mobile phones.”
In an attempt to shift attention away from the ongoing E. coli scandal, Chipotle has announced the next round of authors whose work will be appearing on their cups as part of their ongoing Cultivating Thought series. Look for pieces by Amy Tan, Jeffery Eugenides, Neil Gaiman, and Barbara Kingsolver among five or six others – just be careful of the burritos.
As you might expect, the literature of England is characterized by a fair amount of rain, but what’s interesting is that the Victorian era had the rainiest literature of all. In The Guardian, a look into the history of downpours and drizzles in English narratives. (via Arts and Letters Daily)
Does being a writer make you a bad father? Matthew Norman ponders his fear at Salon. “As a fiction writer, I’m perpetually in some state of preoccupation. At any given moment, I’m suffering over people who don’t exist—who will never exist.” Maybe he should try Polly Rosenwaike’s tactic and read fiction about the opposite parent.
“Every single book or painting or piece of music exists and we take from it what we need and love and shape it into another narrative that goes out into the world or stays within us, so it’s this great thing of one narrative piling onto the next. It’s hard to define.” Miriam Toews talks with The Rumpus about her novel All My Puny Sorrows and the distinctions, or lack thereof, between autobiography and fiction.