Can you think of a site which is popular next to facebook and VCs do not want to fund it? Yes it has to be related to porn…MercuryNews.com reports on Andrew conru, a Stanford grad who runs a profitable firm, adultfriendfinder. Article though does not mention about the revenues from the site.

Charles River Ventures introduces friendly “convertible” seed round : Finally Venture firms have looking for firms in the long tail and subsequently tailoring their investment strategy to suit the long tail.

Paul Graham of Y Combinator : The easiest way to make something people want is to make something you want. What do you wish existed that doesn’t? For example, back in the early 90s a friend of mine wrote some software for converting voice to data so he could talk to his girlfriend in Taiwan without paying for long-distance phone calls. That would have been a great project to turn into a startup.

Via USA Today : Financial scams expected to boom as boomers age. With close to 7 Trillion changing hands from one generation to another , it is expected that a lot of financial scamsters would make headlines..

Metacognition is thinking about thinking. Often when solving math problems, a solution or a means to one pops into our head so quickly that we don’t know how we found it. It is not always easy to slow down our thinking, retrace the path of our thoughts and examine our hidden strategies. Doing so can help us to develop a set of strategies to try when we are utterly stumped.