* Sarah Lacey: How we all missed Web 2.0’s “Netscape moment”
* Lobbying debit: While everyone else was focused on swipe fees, KKR got a big break for portfolio company First Data
* Japan’s richest man, Softbank Corp. president Masayoshi Son, pledges $120 million plus all salary until his retirement to aid in earthquake relief.
* Morning Call: U.S. futures point higher, London rises early, European shares climb and the Nikkei gains on yen.
* James Surowiecki: In praise of Internet distractions
* Accountant bait: IRS targets the wealthy in audit offensive
* Who would the public blame for a gov’t shutdown? Everyone.
* Lawsuit: Does Electronic Arts (ERTS) owe some money to an original Madden creator?
* April Fool’s Day hangover: Bryce Roberts explains why he’s rejoining AngelList
* In trying to defend himself, did David Sokol throw Charlie Munger to the SEC wolves?
* Engadget writers flee AOL for a new startup. In editorial content, it’s more about people than brand…
* Speaking of editorial: Congrats to Xconomy for expanding to New York City. On the flip-side, sad to hear that Private Equity Insider has been shuttered.
* M&A Monday: Solvay is buying Rhodia for $4.8 billion, Sanofi gains control of Genzymeand Vivendi is buying Vodafone’s 44% stake in French cellphone service provider SFR for $11.3 billion in cash.