* Larry Summers: The lessons of Reinhart-Rogoff

* Mark Suster: The importance of prop deal flow in early-stage VC

* Morning Call: U.S. futures climb and European shares fall

* Mockery: SNL vs. Google Glass

* Kara Swisher: When Zuck met Systrom

* Virtual wallet: Will PayPal accept Bitcoin?

* Activist push: BMC going private for $6.5 billion

* Fred Destin: The reinvention of my dying VC firm

* Minimum income: An Indian village’s experiment

* Up, up, up: How stock buybacks boost exec comp

* Appalling: Niall Ferguson trashes Keynes for being gay

* Happy 10th birthday! How LinkedIn changed the way we work

* Thieving indicator: Apple losing market share among… muggers?

* Get Term Sheet: Sign up for our daily email on deals & deal-makers

* Red line: Jeff Vinik shutting his hedge fund to focus on hockey team

* Luke Timmerman: Drug development lessons from the Aveo buzzsaw