One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.

The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers.

Value Proposition Design is a 'must have' for anyone creating a new venture. It captures the core issues around understanding and finding customer problems and designing and validating potential solutions.

Schools reward their students for a combination of intelligence, perseverance, and hard work - in the classroom and on the playing fields. But these metrics don't help kids understand that great grades are not a pass for a great life.

If the League were real, today, they'd most likely be sued by every person they ever saved. They'd be subpoenaed by every authority in every jurisdiction imaginable; hearings upon hearings. There'd be waves of accolades followed by tsunamis of boos from social media.

Well before September 11, it was understood that with modern technology, the rich and powerful will lose their near monopoly of the means of violence and can expect to suffer atrocities on home soil.

We believe that the Internet is the live concert promoters best friend although it might have crippled the record label business.

Now, not every blog post or 'Top 10 Ways to Make Money on the Internet' piece deserves to live forever. But there's gold among the dross, and there are web publications that we would do well to preserve for historical purposes.