peHUB First Read

* A startup that predicts the future value of other startups. Only in Silicon Valley…

* Soup lines grow. Not only in San Diego…

* Chiding Hank Paulson for his support of “fair-value” accounting, as opposed to “mark-to-market” accounting. Yeah, same thing — except that no one can criticize something that is officially “fair.”

* Larry Summers: How to build a U.S. recovery.

* WSJ reports that the Harvard University endowment aced a brutal year (sub req.). Unfortunately, no mention in the story about how its buyout or venture capital portfolios performed.

* Pouring cold water on Tuesday’s Dow gain. Apparently such things only occur in a bear market.

* Layoffs at VC-backed BitTorrent, after the file-sharing/piracy company failed to sell of its online media store to Best Buy.

* The tables get turned on private equity.

* I just bought some tickets for Cirque de Soleil. Apparently 20% is now going to Dubai.

* American Airlines pulls its listings from VC-backed Kayak.