Betaworks Shareholder Letter 2012 - excellent reading
If all shareholder letters were like the Betaworks Shareholder Letter 2012, there would be a whole lot more interesting reading in the world. Usually there's a short sentence that captures the gist of an article, but there isn't one for this shareholder letter. It covers a lot of areas, from data to navigation to personal device clouds. In some way, it is the Berkshire Hathaway shareholder letter of the tech world.
Set a side time, make sure you have some coffee or wine and read.