"They're turning universities into incubators. It's happening at NYU and Harvard, two schools I have some familiarity with. Probably everywhere else too, to some extent. But I'd guess these two schools are pretty leading edge. Stanford has been there for a few generations."

"Lets start having fun... lets get funky... let's announce everything... let's be WILDLY positive in our forecasts... lets take this thing to the extreme... if we get wacked [sic] on the ride down-who gives a shit... THE TIME TO GET RADICAL IS NOW... WE HAVE NOTHING TO LOSE..."

"The idea part is cheap. Try to think of an idea that’s actually worth something on its own. “I wish I’d thought up the web browser.” Bullshit. The web browser had been thought up at least twenty years before those high-energy frogs coded one up on NeXTstep (c.f. Dynabook, 1968). It was the actual shipping product they wrote that caused the internet revolution, not the idea."

"No wonder they shut down the internet. It's more powerful than guns. Smart mobs with online capabilities are defeating status quo organization ruled by hierarchy and unfamiliar with coordinating technologies. These mobile smart mobs can be built on the fly in a matter of hours or days and they will continue to get smarter. Reaction rates are getting much, much faster."

Worth hearing, as a counterpoint to the stupid bullshit that's more often promulgated by business development and investors.

"Want to kill your firm quickly? Then study the current issue of Harvard Business Review. Imbibe its philosophy, its attitudes and its values. Implement everything it says. In so doing, you will be well on the way to turning your organization into a fully-fledged 20th Century organization, with a life expectancy of around 5-10 years."

"What is the primary difference? Ultimately it comes down to the question of "exit". As a founder, I have no interest in exit or liquidity. I am in business to run a business, not to run away from it. Or as Warren Buffet puts it: Our favorite holding period is forever."

"Principle #6: Working for other people (full-time or in some other capacity) often divorces our experience of work from the fruit of our work. Living off your own projects, created of your own accord, is an entirely different kind of existence. And it is AWESOME."

"Joel has decided to chase venture capital for StackOverflow, but I can’t exactly figure out why. He lists six benefits that just don’t compute under even light scrutiny"

"Up until World War I, the archetypal manufacturing CEO was production oriented—usually an engineer or inventor of some kind. Even as late as the 1930s, business school curriculums focused mostly on production. Khurana notes that many schools during this era had mini-factories on campus to train future managers."

"...A colleague once suggested that if our aim is to create more entrepreneurs or at least better prepare potential entrepreneurs, we should replace all entrepreneurship education programs with basic sales courses. After all, and to Fox's point, entrepreneurs are engaged at every step of the way in selling something: an idea, themselves, a product, a vision."

"I suspect Frank is right on the pay issue, but for the wrong reasons. I am always staggered when I hear of law school and business school graduates being in debt to the tune of $100,000, even $200,000. I have no idea what the level for MDs is, but I imagine it is even worse.

And you cannot discharge student debt in a bankruptcy. You have no choice but to pay it (or I suppose flee the US or go underground, there are always extreme options). So the fee for service model may remain intact despite the fact that it produces poor outcomes for society as a whole because the current generation of doctors needs high incomes to so they can service their debts."

"However, if this is not done immediately, my group of startup CEOs and angel investors will begin targeting specific groups for elimination.
We will launch competing, fee-free events directly opposite your events. We will encourage angels investors, service providers and startups to boycott your events. You may even find our street teams outside your events handing out flyers.

This isn’t a joke and this is a threat: stop charging startup companies to present or we will do everything we can to put you out of business with a competing, free option."

"While some of my comments next may seem critical, they absolutely are and meant to be."

"“37signals will lead the new global movement filled with imaginary assumptions on growth and monetization potential,” he continued. “We’re excited to roll out a list of unconfirmed revenue possibilities that involve crowdsourcing, a robust set of widget creation tools, 3G, augmented reality, social stuff, and an app store. Also, everything we make will include a compass.”"

Also? I will not work on your fucking website for equity, nor even listen to your pitch.

"TechNow09 is a one-night event celebrating the transition of Michigan into a "knowledge economy."
Come meet the new technology companies leading the evolution of Michigan business."