Our favorite gear

Business 2.0 reader picks for the business tools you can't work without.

Roaming Mode
Globalstar GSP-1700 Satellite Phone; $1,000; www.readysatgo.net

Chris Larsen, Co-founder and CEO, Prosper.com

My first experience with a satellite phone was six years ago at the annual Burning Man festival in the Nevada desert. It was a huge, almost comical, contraption. Fast-forward to Hurricane Katrina in 2005, which reminded me of just how unreliable cell phones can be during crises.

So the first thing I did was buy a satellite phone weighing a hefty 13.6 ounces. Earlier this year I upgraded to Globalstar's GSP-1700, which weighs 7 ounces and, with the antenna retracted, is about the size of most cell phones. Although I could use it to send e-mail or browse the Internet, I just like to have it for phone calls -- not only in case of a natural disaster but also so I can work from remote areas with no cell service.

As an added precaution, I also carry a flexible solar panel to recharge the phone in case there are no other power sources nearby. Burning Man may be off the grid, but I never am.

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.