peHUB First Read

* Albert Wegner: What's restricting the Internet's impact on education is not technology. It's scale. * Banks vs. Cleantech: Both sectors benefit from Washington's policies, but only one group is grateful to D.C. Guess which one? * Morning Call: U.S. futures point lower, London falls early, European shares slip off 2009 highs, the Nikkei pares losses and Hong Kong pulls back from rally. * Dave Weidner: Wall Street's biggest con is M&A "advice." * HBS Working Paper (just the abstract): "We find that a company that has a director who has had LBO experience through prior board service is ~40% more likely to receive a private equity offer, and that the strength of this effect varies with the influence of the director and the quality of the prior LBO experience." * Sarah Lacy: "Ten years from now I don’t want to look back on TechCrunch50 and see that our winners had a string of $100 million exits. For a conference that seeks to ferret out the most exciting startups in the world, that’s failure. I want to see huge audacious failures and huge gaudy wins."