asterisk2a + pivot   18

The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
#TOA Interview with Fred Wilson & Brad Burnham of Union Square Ventures - YouTube
mi 32 - lack of adoption of SV model: no politics, execution, results driven, value creation, accepting Failure as outcome (culture of Stigma in EU and Germany) // min 36 - oh hi there world - buy into the company! a partner, strategic joint venture. shared economic interest, own platform by publishers! // miss-allocation of capital ! // hard things about hard things - Pivot, layoff vs running out of money not finding product/market fit & traction // early on its only hunch & gut based. // #TOA15: ¨Are the Germans Unable to Disrupt?¨ with Christoph Keese (Axel Springer SE) - youtu.be/YyuJmAtZQis - its abt value creation, value add, redesigning of value, chains, product, data. Big corps cant disrupt itself. especially not by committee. Legacy companies unlikely 2 survive bc of patterns 2 stick 2 the conventional & fail than fail with unconventional & look like a fool (risk aversion, Failure in the public eye). Book "Silicon Valley: Was aus dem mächtigsten Tal der Welt auf uns zukommt"
Europe  Start-Up  Scene  Berlin  Start-Up  Scene  Failure  incrementalism  incremental  value  creation  added  value  Core  Product  Proposition  intangible  value  Mittelstand  SME  SMB  Proposition  Venture  Capital  oh  hi  there  world  Fred  Wilson  London  Scene  Wall  Street  shareholder  value  profit  maximisation  book  ecosystem  distortion  asset  allocation  Germany  Europe  industrial  policy  Revolution  2.0  STEM  3D  printing  Software  Is  Eating  The  automation  automotive  Big  Data  Robotics  business  consumer  disrupting  markets  disruption  creative  destruction  Pivot  Product/Market  Fit  traction  self-awareness  MVP  Minimal  Viable  Product  Lean  Start-Up  timing  Internet  Privacy  Privacy 
august 2015 by asterisk2a
Jeremy Corbyn wins economists’ backing for anti-austerity policies | Politics | The Guardian
In the letter to which David Blanchflower, a former member of the Bank of England’s monetary policy committee is a signatory, the economists write: “The accusation is widely made that Jeremy Corbyn and his supporters have moved to the extreme left on economic policy. But this is not supported by the candidate’s statements or policies. His opposition to austerity is actually mainstream economics, even backed by the conservative IMF. He aims to boost growth and prosperity.” // UK can't compete with energy rich countries - ie through rebuilding (through subsidies) its industrial and manufacturing sector - it has to add value through expert services, knowledge, digital, research to existing products goods and services that then can be re-sold across the world - high energy cost, expensive transport through lack of infrastructure of the future, and lack of in-pipeline educated mobile youngster, is a structural deficit.
neoliberalism  Jeremy  Corbyn  David  Cameron  Labour  Party  Conservative  Party  Tories  Toff  Privileged  Establishment  dogma  ideology  austerity  Privatisation  neoliberal  budget2015  recovery  public  investment  underinvestment  productive  investment  infrastructure  investment  STEM  Research  digital  economy  knowledge  economy  differentiate  differentiation  IMF  OECD  global  economy  globalization  globalisation  borderless  flat  world  competitiveness  competitive  competition  competitive  advantage  current  account  deficit  trade  deficit  global  trade  trade  balance  Structural  Impediments  trickle-down  economics  economic  history  GFC  Generationengerechtigkeit  fairness  vocational  education  education  policy  social  mobility  income  mobility  Gini  coefficient  gender  inequality  inequality  professional  education  Future  of  Work  Software  Is  Eating  The  creative  destruction  added  value  value  creation  faultlines  working  poor  precarious  Precariat  squeezed  middle  class  deregulation  underemployed  unemployment  imbalance  subsidies  subsidizing  protectionism  Career  Politicians  Pivot  UK  economic  growth  economics  of  abundance  marginal  cost  energy  price  energy  policy  renewable  energy  Oil  price 
august 2015 by asterisk2a
ClassPass Acquires Competitor FitMob | TechCrunch
// see article, timeline from idea to MVP to feedback (don't build lonely MVP), to experimenting with Subscriptions and Passport (bundles) and seeing traction. It's called being a Start-up. The struggle. It rarely is it that what you think will work, works. But that is not public's perception about Silicon Valley nor Start-up life and how it is portrayed widely in media nor even in specific publications. Website Startupanonymous is the product of a symptom of that. Actually to talk about struggle and doubt and stress only in a non identifiable way ... possible.
MVP  Product/Market  Fit  Pivot  feedback  feedback  loop  Start-Up  lesson  Start-Up  advice  entrepreneur  entrepreneurial  entrepreneurship 
april 2015 by asterisk2a
Knowing when to pivot | WSGR Startup Basics - YouTube
>> iterated on the idea - http://techcrunch.com/2014/09/17/classpass-lands-12-million-series-a-led-by-fritz-lanman-hank-vigil/ "At launch, the company was originally centered around logistics, allowing users to discover new classes, complete with reviews, pricing info, and schedules, and then sign up to attend these classes. Turns out, paying per individual classes (no matter how easily you can discover them) was too much of an obstacle to users. [... >>> ...] Classtivity Pivots To Subscription Model So You Actually Work Out. [...] Turns out, finding a class isn’t as difficult as actually going to a class, which is why most fitness-based business models revolve around packages. That said, Classtivity is today pivoting to offer the same access to fitness classes with a brand new business model."
Start-Up  lesson  Start-Up  advice  Pivot  Lean  Start-Up  iteration  frictionless  friction  discovery  offline  experience  shared  experience  user  experience  business  model  curation  curator  niche  specialization  ClassPass  Payal  Kadakia 
september 2014 by asterisk2a
Costolo’s plan to make Twitter all about entertainment makes perfect sense | PandoDaily
"There are huge dollars in entertainment– more than in news and certainly more than in what your friend had for lunch. Twitter is the only force on earth that argues against time shifting. Sure you can TiVo the Oscars. But you better not open Twitter for two hours if you do. And lastly, with “just” 300 million users or so Twitter desparately needs to go mainstream. Like it or not, this is a generation of consumer Web companies graded on the Facebook and LinkedIn curves. You gotta either have the size of the former or the monetization of the latter. The lowest common denominator on global culture are movies, music, TV, and sports. As his friend Ryan Seacrest can attest, more people vote for American Idol hopefuls than elected officials." || Twitter is now a live stream of what is happening. The shortest & most accessible form to NOW. Not more. Not less. Your hourly quick fix. Part of the home screen. Next to Snapchat & WhatsApp & FB ... + http://bit.ly/1rkVyMh + http://bit.ly/1g1LJeO
Twitter  business  model  lowest  common  denominator  Entertainment  Industry  Hollywood  Music  Industry  Dick  Costolo  Television  Facebook  Google+  WhatsApp  Snapchat  Entertainment  News  Feed  algorithm  algorithms  curation  filter  filter  bubble  filter  bubbles  content  curation  home  screen  mobile  homescreen  user  experience  use  hack  RSS  Pivot  Embrace  Your  Users  Hacks  Evolution  value  creation  added  value 
may 2014 by asterisk2a
DLD NYC 14 - Winners/Losers in a Digital Age (Scott Galloway) - YouTube
Apple knows that competition is catching up faster and faster in terms of design and functionality etc etc. They hired 2 fashion people already (burberry and from LVHM). And to differentiate the brand further (price/status symbol - above middle class) and to keep selling it's Apple Products ... including wearables (Watch & Headphone) they hired those key people or b(r)ought them into the mothership. They could have long ago bought personal cloud storage companies and other stuff to add to its portfolio bla bla bla.... but that 'Software', you can't display - show off - walking around downtown manhatten. Wearables, phones, tablets - you can. ... Apple focuses on their core competencies - software like iTunes is only 2nd class, that is why it still doesn't stream. >> “They want Jimmy and they want Dre,” said the source. “He’s got fashion and culture completely locked up.” ( http://techcrunch.com/2014/05/22/apples-beats-deal-is-happening-and-its-a-dre-acquihire/ ) + !!! v=NP0P2BT0vTc !!!
Apple  Pivot  IBM  Microsoft  Transition  Information  Society  Industrial  Society  policy  Information  Makers  skill-biased  technological  change  capital  skills  skill  skills  Career  Politicians  policy  folly  policy  error  public  policy  Product/Market  Fit  Product  Design  management  differentiation  differentiate  brands  branding  Brand  Gary  Vaynerchuk  acqui-hire  acquisitions  acquisition  acquihire  status  symbol  social  status  Wall  Street  Product  Strategy  execution  Focus  focused  Silicon  Valley  Fetish  distraction  Steve  Jobs  margin  commodity  business  commoditization  technology  technological  history  Moore's  Law  competitive  advantage  competitiveness  Competition  comparative  advantage  comparative-advantage  Google  Nexus  HTC  Lenovo  Samsung  Nokia  digitalnatives  digital  economy  Age  digital  natives  stevejobs  Vision  Imagination  creativity  value  creation  Mobile  Creative  Mobile  Creatives  destruction  disposable  income  Start-Up  lesson  Start-Up  advice  entrepreneurial  entrepreneurship  innovation  innovator  Venture 
may 2014 by asterisk2a
Will Foursquare CEO Dennis Crowley Finally Get It Right? | Fast Company | Business Innovation
It's a compelling prospect: If Google has built a $294 billion business based on your explicit searches, Foursquare's bet is that the data behind your implicit intent are just as lucrative. [...] If you check in at Walgreens, should we show you an ad for toothpaste? We're not sure," he says. "Does that dilute the experience?" [...] And Crowley is well aware of what's become of him: His identity is his company; he is only as mature as it is. "I've thought about it for a while, and to me it's like I've got to close this chapter in my life before I can go on to the next one,"
Dennis  Crowley  foursquare  Twitter  Start-Up  entrepreneurship  entrepreneur  Pivot  monetization  monetize  Brand  Deal  advertisement  advertising  marketing  Yelp  Facebook  Google  geolocation  hyperlocal  GPS  Smartphone  Founders  co-founders  co-founder  Yahoo  Search  Intent  Web  3.0  Google  Autocomplete  Autocomplete  Social  Media  Web  2.0  Instagram  Vine  Flickr  Tumblr  philosophy  identity  Jack  Dorsey  Kevin  Systrom  David  Karp  Kevin  Rose  Digg 
february 2014 by asterisk2a
Ev Williams on Twitter's Early Years | Inc.com
At the time, he said his rule is "do less," reflecting on the focus and restraint he and his fellow Twitter co-founders showed in the company's earliest days. Much of that interview was left on the cutting room floor. [...] "At Twitter, we had this mindset that we were going to do lots of different things. We probably would have moved on before there was any evidence of success. It didn't take off right away, and many of the most important things don't take off right away, they only take off after working on them for a long time and pursuing a vision that gets you to the essence of something, which is often only boiled down after lots of hard work and noodling on something... and maybe having doubts about it."
product  design  communication  Ev  Williams  strategy  less  is  more  start-up  entrepreneurship  message  Pivot  branding  brand  focus  success  Twitter 
october 2013 by asterisk2a
Mark Zuckerberg on Facebook Home, Money, and the Future of Communication | Wired Magazine | Wired.com
Zuckerberg can expect to hear sirens today, as he announces Home, Facebook’s most dramatic response to the pivot from desktop and web to phones and tablets. New paradigms like mobile can be the ill winds that blow down card-houses of tech dominance, and to maintain its status as the alpha social network, Facebook must get this right. [...] “Apps aren’t the center of the world,” he says. “People are.” [...] Facebook now calls itself a “mobile first, mobile best” company. [...] “SOMETIMES WE ARE GOING TO DO STUFF THAT’S CONTROVERSIAL, AND WE’RE GOING TO MAKE MISTAKES. WE HAVE TO BE WILLING TO TAKE RISKS.”
tablet  Pivot  socialnetwork  markzuckerberg  Facebook  socialnetworks  mobile 
april 2013 by asterisk2a
Welcome To Facebook's Midlife Crisis
[Facebook App developers ... ] that they exist both because and at the mercy of Facebook, a young company that is, by its own admission, figuring things out on the fly. [...] What good is Facebook, in other words, if your friends aren't really your friends? [...] Facebook needs to make maintaining a Facebook account as compelling as creating one. [...] And it's not clear how Facebook can incentivize people to update their accounts — to trim old friends, to add new ones, to adjust all the various sliders and dials that power Facebook today. This is labor; it feels like doing repairs, not creating something exciting and new. News Feed subscriptions were a step in this direction but appear to have backfired. [...] Nearly every developer I spoke with had devised some sort of Facebook escape pod.
platform  Pivot  Facebook 
march 2013 by asterisk2a
Announcing an audacious proposal | Dalton Caldwell
The advertising-supported monoculture

“The best minds of my generation are thinking about how to make people click ads. That sucks.” - Jeff Hammerbacher, fmr. Manager of Facebook Data Team, founder of Cloudera

[...]

I want a real alternative to advertising hell… I would gladly pay for a service that treats me better.

The disappointment of Web 2.0
Internet  leanstartup  Pivot  web20  Web  web2.0  Web  2.0  Platform  Digg  reddit  freemium  Wordpress  advertising  advertisement  businessmodels  businessmodel  Google  Facebook  Twitter 
december 2012 by asterisk2a

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