asterisk2a + silicon   531

How to get rich quick in Silicon Valley | Corey Pein | News | The Guardian
Corey Pein took his half-baked startup idea to America’s hottest billionaire factory – and found a wasteland of techie hustlers and con men
Silicon  Valley 
april 2018 by asterisk2a
In our focus on the digital, have we lost our sense of what being human means? | Genevieve Bell | Opinion | The Guardian
MAKE OUR OWN FUTURE - And of course, there are bigger questions about the role of technology more broadly. In making the machines smarter, we have sacrificed a little something of ourselves – we run the risk of being reduced to data and the decisions it drives. I believe we are more than data, more than just intelligence. I worry that, in our current focus on the digital, we have lost some of our agency and some of our sense of what being human might mean. But I don’t believe this is inevitable or irreversible.
Anarchism  humanity  social  media  Facebook  Data  Big  currency  AI  artificial  intelligence  augmented  Utopia  neoliberalism  democracy  Silicon  Valley  UBI  Universal  Basic  Income  Consumerism  Consumer  Materialism  Capitalism  consumption  Gesellschaft  Wertegesellschaft  Society  Soziologie  Psychology  Transhumanism  algorithm  inequality 
october 2017 by asterisk2a
Entrepreneurs don’t have a special gene for risk—they come from families with money — Quartz
micro social safety net helps taking risks. see also what happens to your brain when living in poverty day to day. // And this is a key advantage: When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “Many other researchers have replicated the finding that entrepreneurship is more about cash than dash,” University of Warwick professor Andrew Oswald tells Quartz. “Genes probably matter, as in most things in life, but not much.” [...] “If one does not have money in the form of a family with money, the chances of becoming an entrepreneur drop quite a bit,” Levine tells Quartz.
Entrepreneurship  Silicon  Valley  Grundeinkommen  Universal  Basic  Income  social  safety  net  Dogma  chronic  stress  poverty  trap  Deprivation  Middle  Class  working  poor  Myth  UBI  risk  mental  health  Start-up 
september 2017 by asterisk2a
Google staffer's hostility to affirmative action sparks furious backlash | World news | The Guardian
The manifesto argues that the lack of women in tech and leadership is the result, at least in part, of innate differences between in men and women. “I’m simply stating that the distribution of preferences and abilities of men and women differ in part due to biological causes and that these differences may explain why we don’t see equal representation of women in tech and leadership,” the author writes.

After a number of female staff described their disgust at the document on social media, Google sent out a company-wide memo saying it did not represent the company’s views.
gender-based  gender-biased  Google  discrimination  gender  brogrammer  Silicon  Valley  Diversity  No  Representation  sexism  Sexismus  prejudice  bias  pay  gap  paygap 
august 2017 by asterisk2a
(479) Scott Galloway: This Is the Top of the Market - YouTube
2017 social media tops out.// one sign youtube adapocalypse. 2017 f8 that was weird at best. snapchat never making money. and Google Facebook capturing 99% of social media/internet ad growth in 2016
Snapchat  Twitter  Social  Media  Facebook  VR  AR  f8  Instagram  Mark  Zuckerberg  Oculus  Rift  Pinterest  YouTube  Google  Search  business  model  Monopoly  oligopol  oligopoly  Silicon  Valley  WeChat 
may 2017 by asterisk2a
(187) It's Not You, Airlines Have Been Treating Everyone Poorly - YouTube
as competition goes away, quality declines. (Competition is for Losers by Peter Thiel ... still Peter Thiel thinks running an airline is not a great business to be in).
oligopol  oligopoly  neoliberalism  monopoly  neoliberal  lobby  profit  maximisation  dividends  competition  Peter  Thiel  Silicon  Valley  competitive  competitiveness  Innovation  conglomerate  Gewinnspanne  airline  industry  transportation  self-restraint  self-regulation  regulation  regulators  consumer 
april 2017 by asterisk2a
Pando: The Irredeemable Silicon Valley
 Precisely five years ago, I explained to TechCrunch readers that I had grown bored with San Francisco.

By which I really meant Silicon Valley. As I surveyed the tech industry landscape circa March 2011, I saw a financial boom but a creativity bust. The star companies of that year – the Instagrams and Quoras and Paths – might have been worth hundreds of millions (or even billions) but they offered almost nothing in terms of innovation or revolution. In fact, the entire tech industry seemed to have lost its courage; its revolutionary zeal...
Silicon  Valley 
march 2017 by asterisk2a
The secret to Silicon Valley’s success is mass delusion, says ‘Chaos Monkeys’ author - Recode
“The Silicon Valley vibe is like democracy, or religion: If everyone believes in it, it sort of becomes true.”
book  Silicon  Valley 
july 2016 by asterisk2a
The tech industry has cut a Google’s worth of jobs in the past 12 months
bigger companies, more profitable products, with less people. // “It would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,” Challenger, Gray & Christmas CEO John Challenger said in a statement. “The simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction. We will always need technology, but how we interact with it, as well as where and when we interact with it, are changing rapidly.” //&! http://recode.net/2016/04/19/intel-chipmaker-mobile-earnings-restructuring/ - Intel missed the mobile revolution. Now it faces its day of reckoning.
Silicon  Valley  Unicorn  Instagram  WhatsApp  productivity  Software  Eats  The  World  Software  Is  Eating  The  World  Software  Revolution  Software  Development  Slack  Facebook  profit  maximisation  profit  maximization  winner  take  all  IBM  Intel  Microsoft  Salesforce  antitrust  overhead  cost  center  AWS  cloudcomputing  Cloudstorage  Netflix  Amazon  Azure  Google  Cloud  Google  Inc.  Alphabet  Inc.  Oracle  Mobile  Creative  scalability  scaling  scale  Snapchat  Twitter  Apple  automation  robotics  AI  artificial  intelligence  3D  printing  autonomous  cars  self-driving  cars  labour  market  job  market  skill  gap  skills  gap  homescreen 
april 2016 by asterisk2a
Casino Jack and the United States of Money (2010)
Director: Alex Gibney / Writer: Alex Gibney //&! https://youtu.be/zY5UuWkVq8g //&! all the bad fish got away! only the shark got caught // party and campaign financiers; wall street: fossil fuel followed by the emergence of silicon valley firms. // congress does not serve american people. average citizen does not have a voice. ... congress need of money exploited, fighting each other with more and more money! getting a leg up on your opponent. who they get the money to be elected or re-elected? those who have already money! [...] public finance would end it!
USA  corruption  Greed  bribery  revolving  door  PAC  Super  PAC  presidential  election  2016  shareholder  capitalism  profit  maximisation  profit  maximization  exploitation  Washington  Lobbying  lobby  lobbyist  Career  Politicians  Jack  Abramoff  campaign  donation  campaign  finance  Party  Funding  constituency  trust  Wall  Street  shareholder  value  global  warming  environmental  damage  self-regulation  regulation  regulators  ecological  damage  GFC  Enron  Worldcom  bank  bailout  TBTF  too  big  to  fail  too  big  to  bail  too  big  to  jail  conglomerate  multinational  tax  evasion  tax  amnesty  tax  avoidance  money  laundering  influence  peddling  Special  Interest  Group  groups  vested  Fossil  fuel  industry  Silicon  Valley  subprime  No  Representation  post-racial  America  American  Dream  plutocracy  oligarchy  Super  Rich  1%  democracy  meritocracy  meritocratic  Gini  coefficient 
april 2016 by asterisk2a
From a Culture of Connectivity to a Platform Society
transform, change public life and social life. [...] participatory culture (reality is sometimes less than 1% create of the 100% that consume. [,,,] give away your user data, get service for free. it became a economic transaction. user data is currency. [...] harmful for people, but no discussion about harms to society and public life (self-censorship) & rise in vanity, Selbstdarstellung! Also filter bubble. Revenge Porn. Stalking. Cyber bullying and cyber mobbing. Phishing for your data, enabling cyber crime. [...] hidden norms and values [...] not a level playing field [pay to play] [...]
Platfom  Silo  Open  Platform  EULA  TOS  Social  Media  Facebook  Twitter  Instagram  winner  take  all  Strava  Google  News  Google  Inc.  Uber  Silicon  Valley  mobile  homescreen  Brand  Gesellschaft  society  WhatsApp  Public  Life  AirBnB  book  Web  2.0  Tinder  user  data  Privacy  Internet  Privacy  sharing  economy  Gig  YouTube  self-censorship  Big  advertisement  re-targeting  advertisement  targeting  Selbstdarstellung  Selfie  filter  bubble  Newsfeed  revenge  porn  stalking  cyber  mobbing  cyber  bullying  phishing  cyber  crime  self-regulation  NextDoor  Amazon  4chan  Reddit 
april 2016 by asterisk2a
As unicorn startups send customer service gigs to the hinterland, is Silicon Valley exporting its prosperity, or just dead-end jobs?
In the end, only a couple of the San Francisco Lyft staffers decided to go to Nashville. Some scrambled to find new jobs in the company, and the rest got severance and left. Six months later, two people I talked to are still looking for jobs, in a city that boasts a 3.4 percent unemployment rate. “I feel a little burned by this experience,” said one. “There’s just this understanding that if you work for customer service in the tech world you’re not valued. Those are soft skills, and associated with women, they’re not super valued.” [...] With their skills deemed better suited to Nashville, Lyft’s workers can’t help but internalize another message about whether they belong in increasingly Darwinian San Francisco. “It doesn’t make any fucking sense to live in one of the most expensive areas in the country and work in nonprofit development,” one told me.
Another customer service worker I’d talked to from a big software company decided that if she wanted to stick around the Bay Area, it was time to teach herself to code.
Service  Sector  Jobs  low  pay  working  poor  low  income  precarious  work  squeezed  middle  class  job  creation  job  market  job  insecurity  job  security  Silicon  Valley  part-time  Contractor  outsourcing  self-employment  customer  runway  operating  margin  cost  center  cost  of  living  standard  of  living  costcutting  tax  credit  Precariat  precarious  employment  career  ladder  career  advice  IT  Industry  labour  market 
march 2016 by asterisk2a
The Uber Model, It Turns Out, Doesn’t Translate
Uber for X // Startups that deliver what you want, when you want it — like Uber, but for groceries, laundry, munchies, etc. — are revamping their business plans or shutting down entirely. It turns out that the on-demand model is so cash-intensive that it only really works if you're, well, Uber.
Uber  Uber  for  X  Uber  Playbook  Lyft  on-demand  mobile  homescreen  convenience  Share  Economy  Gig  Economy  self-employment  1099  Economy  marketplace  efficiencies  TaskRabbit  Zero  Hour  Contract  commodity  business  commoditization  Niedriglohnsektor  Service  Sector  Jobs  job  insecurity  job  creation  job  security  job  market  freelancing  freelance  precarious  work  working  poor  Silicon  Valley 
march 2016 by asterisk2a
Pando: Nothing to see here: Eric Schmidt is taking a second job, as an advisor to the Pentagon
&! reut.rs/1RocqJx &! bit.ly/1oUCSDE &! bit.ly/24D8oH6 //&! bit.ly/1oUD8Ct - Netzpolitik //&! US defense chief tells Silicon Valley: 'encryption is essential' Ashton Carter has been courting tech firms in San Francisco, trying to heal the rift between the Pentagon and the industry in the ongoing Apple and FBI clash - bit.ly/1T9a3QB //&! Google's Jigsaw project has new ideas, but an old imperial mindset. Human development is too important, too complex, and too culturally diverse to be left to profit-driven companies acting in their own interests - bit.ly/1QXtPhV
Google  Inc.  ericschmidt  Eric  Schmitdt  revolving  door  lobbyist  lobby  Lobbying  Pentagon  NSA  GCHQ  UK  USA  Surveillance-Industrial  Complex  military–industrial  Silicon  Valley  counter  culture 
march 2016 by asterisk2a
Life and death in the App Store | The Verge
[ land grab and winner takes all environment, the long-tail is not what it was supposed to be promised by some ] 'the app store resembles now a lottery' [...] Today, profiting from the App Store most often requires a mix of in-app purchases, subscriptions, and advertising. [...] Meanwhile, a fatigue is setting in among customers. There are now more than 1.5 million apps in the App Store (Android users have 1.6 million to choose from), but by 2014, the majority of Americans were downloading zero apps per month. And it turns out people simply don’t use most of the apps they do download. According to ComScore, the average person spends 80 percent of their time on mobile devices using only three apps.
appstore  Apple  App  Store  Google  Play  Platform  iOS  Android  business  model  SME  SMB  long-tail  mobile  homescreen  Silicon  Valley  self-publishing  publishing  2.0  e-book  YouTube  filter  bubble  Soundcloud  noise  curation  content  curation  curator  editor  Google  News  Google  Search 
march 2016 by asterisk2a
Pando: At what point is the convenience of technology outweighed by the constant stress?
Yesterday, I wrote about new proposals to allow the government to trawl the social media accounts of visa applicants before allowing or denying entry to the US.  Specifically, I wrote about my relief, as a visa-carrying foreign worker, at having deleted my social media accounts last year. For all the myriad reasons the government might declare me unworthy of living here -- particularly under President Trump -- at least an old dumb tweet won’t be one of them. [...] Connected technology was supposed to make our lives easier. And of course it has, in countless ways. But what it doesn’t seem to have done is made our lives less stressful...
USA  Visa  application  Social  Media  Big  Data  bulk  collection  FISAAA  FISA  Court  Patriot  Act  Nationalism  War  on  Terror  NSA  GCHQ  Internet  Privacy  Privacy  self-censorship  Orwellian  State  surveillance  Surveillance-Industrial  Complex  surveillance  neoconservatism  neoconservatives  UK  barackobama  presidency  David  Cameron  Theresa  May  Snoopers  Charter  immigration  migration  Smartphone  Meta  Data  encryption  democracy  free  speech  freedom  of  speech  freedom  of  expression  ISIS  Silicon  Valley 
february 2016 by asterisk2a
Talia Jane may have deceived us, but her point stands
ind.pn/1Qc5SxH bit.ly/1KJQjAE bit.ly/1SV92vy bit.ly/1oBBh5k [ 2nd jobs bc first does only cover bills ] Even if Talia was the most frugal millennial in all the land, she’d still be living beyond her means. In the Bay Area, that is shockingly easy to do, thanks in part to companies like her former employer that have driven rents sky-high with no ceiling in sight. Income inequality is a huge problem in this country, especially in the Bay Area. Yelp’s answer to that, by the way, appears to be to just move the lower wage jobs to Phoenix, rather than pay the employees it has in San Francisco more. Charming. //&! https://twitter.com/hankgreen/status/702488056645992449 - women in the workplace ... //&! https://twitter.com/polotek/status/702025499782950912 bootstap yourself
Precariat  working  poor  San  Francisco  Silicon  Valley  Yelp!  customer  service  low  pay  low  income  income  distribution  tax  credit  housing  benefit  commuting  minimum  wage  living  wage  discretionary  spending  Wall  Street  shareholder  value  profit  maximisation  disposable  income  Millennials  career  ladder  Sector  Jobs  job  creation  financial  literacy  career  advice 
february 2016 by asterisk2a
Pando: So we’ve all agreed: Zenefits will be the (guilty) scapegoat for all that went wrong in tech for the last five years
You don’t have to read everything Pando has written in the past few years to know some of the things we’re not big on. Bro-ish behavior, breaking laws, the cult of disruption, Silicon Valley companies hiring dangerous political operatives, and dictating your business strategy based on how much money you can raise. To name just a few. You only have to read Farhad Manjoo’s excellent piece on Zenefits last week that detailed how staff were told to turn their t-shirts inside out when they went to bars, or the Journal’s latest story about how Zenefits HR had to circulate a memo asking people not to have sex in the stairwells anymore to know this was a company right up there with “Boober” and the college emails of Evan Spiegel... //&! Zenefits: Were the Valley's kingmakers wrong, or did they just lie? - bit.ly/1SS6bDv //&! The Inside Story Of The Meltdown at $4.5 Billion Unicorn Zenefits - soundcloud.com/jay-yarow/zenefits - the sky is the limit! hyperbole. doubling every year... landgrab!
Zenefits  Uber  Silicon  Valley  Hype  Cycle  growth  round  hunt  for  yield  distortion  governance  corporate  governance  corporate  culture  culture  filter  bubble  bubble  Angel  Investor  Party  Seed  Incubator  Private  Market  FOMO 
february 2016 by asterisk2a
Inside How Mutual Funds Value Private Tech — The Information
The sudden and sizable valuation markdowns of high-flying private companies like Snapchat, Dropbox and Zenefits by mutual fund investors has been one of the biggest stories in tech, sowing fears that the market is deflating. They’ve also caused consternation among founders, who have had to defend their companies’ earlier valuations to employees.
downround  growth  round  Mutual  Fund  SPV  Uber  Zenefits  Snapchat  Silicon  Valley  DropBox  hunt  for  yield  ZIRP  NIRP  QE  speculative  bubbles  risk  capital  liquidation  preferences  termsheet  asset  allocation  distortion  Lyft  equity  bubble  reflate  reflation  financial  repression  New  Normal  secular  stagnation  hot-money  BRIC  emerging  market  Frontier  Markets 
february 2016 by asterisk2a
Pando: Does a VC’s unconscious hesitation to fund women start at home?
It’s widely acknowledged (by most of us anyway) that there is a culture problem within startups that makes women want to go elsewhere and that there’s some serious unconscious bias going on. But untangling that knot of unconscious bias-- even talking about it the wrong way-- is like defusing a gender bomb
Silicon  Valley  gender  inequality  gender-based  discrimination  gender-based  harassment  confirmation  bias  gender  bias  selection  bias  bias  snap  judgement  HR  human  resources  gender  policing  gender  politics  gender  pay  gap  gender  gap  meritocracy  meritocratic  boys  club  everyday  sexism  sexism  sexismus  misogyny  Misogynie  male  privilege  straight  white  male  white  male  privilege  Venture  Capital 
february 2016 by asterisk2a
PayPal sperrt weiteren VPN-Dienst aus
Die Kollegen von techdirt haben die Methoden von PayPal in wenigen Sätzen gut auf den Punkt gebracht: //&! PayPal is widely known for their aggressive stance towards BitTorrent sites, Usenet providers and file-hosting services, but VPN, proxy and SmartDNS providers might now suffer the same fate too. [...] “Under the PayPal Acceptable Use Policy, PayPal may not be used to send or receive payments for items that infringe or violate any copyright, trademark, right of publicity or privacy, or any other proprietary right under the laws of any jurisdiction,” PayPal’s email reads. - https://torrentfreak.com/paypal-starts-banning-vpn-and-smartdns-services-160205/
Paypal  lobbyist  lobby  Lobbying  Silicon  Valley  Bitcoin 
february 2016 by asterisk2a
The "Tourist" Investors Flooding Silicon Valley With Money Will Go Home One Day - BuzzFeed News
The tourist analogy comes from Mohamed El-Erian, chief economic advisor at the German financial company Allianz and former CEO of mutual fund giant Pimco. He fleshes out his theory of “tourist dollars” in his new book, The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse, describing what happens in emerging economies like Brazil and India when investors from the developed world respond to slow economies at home by seeking more profitable climates abroad. Ranjan Roy, a former emerging-market currencies trader who now runs a tech startup, wrote a Medium post this week connecting El-Erian’s “tourist” theory to the mutual fund investors that have flooded Silicon Valley with cash in recent years. The post was pretty convincing, so we decided to see if El-Erian agreed. He does. And he worries about what those tourist dollars are doing to the locals. [...] they don’t re-up [ like VC's and real Angels would do ] [...] push to stretch for return.
hunt  for  yield  distortion  speculative  bubbles  asset  allocation  Silicon  Valley  Party  Round  Angel  Investor  Seed  Round  ZIRP  NIRP  QE  hot-money  Mutual  Fund  growth  risk  capital  Venture  Frontier  Markets  emerging  market  credit  bubble  China  BRIC  2015  2016  2014  Unicorn  reflate  reflation  economic  history  equity  bubble  bond  bubble  property  bubble  asset  bubble  secular  stagnation  emerging  middle  class  India  financial  repression  behavioral  finance  behavioral  economics  psychology  fiscal  policy  monetary  policy  austerity  Richard  Koo 
february 2016 by asterisk2a
Yahoo: Was der Niedergang Apple, Google und Facebook lehrt - SPIEGEL ONLINE
Yahoo baut Stellen ab und endet wohl als Ramschware. Der Abstieg des Internet-Pioniers ist auch eine Warnung an Apple, Facebook und Co. [...] Die Krise von Yahoo lässt sich in einer Zahl zusammenfassen: minus 13 Milliarden Dollar. So niedrig bewertet die Börse das Kerngeschäft des amerikanischen Internet-Konzerns inzwischen, hat der Tech-Journalist Matt Levine ausgerechnet. Abzüglich einiger lukrativer Beteiligungen und seiner Bargeldreserven ist Yahoo nichts mehr wert. Weniger als nichts. [...] Die digitalen Mode- und Tech-Magazine, die sie startete, finden wenige Leser. Auch die 2013 gekaufte Blog-Plattform Tumblr entwickelte sich nicht, wie von Mayer erhofft: Von der 1,1-Milliarden-Dollar-Akquisition schreibt Yahoo nun rund ein Viertel ab.
Yahoo!  Y!  Yahoo  Silicon  Valley  Twitter  Apple  Facebook  Google  Inc.  Alphabet  Inc.  Marissa  Mayer  eBay  Paypal  creative  destruction  Tumblr  M&A  WhatsApp  Snapchat  Wall  Street  profit  maximisation  shareholder  value  Greed  capitalism 
february 2016 by asterisk2a
Pando: Sources: Vegas-based Work In Progress co-work space is shutting its doors
Organic is better is more sustainable // Vegas Downtown Project // have a framework (macroprudential policy), but don't pick winners, cities, regions, ... roundabouts. // semiconductor boom bust in scotland, outside glasgow, area - via tax breaks (ie IBM spango vallye)
free  market  Venture  Capital  subsidies  subsidizing  corporate  welfare  Silicon  Valley  Vegas  Downtown  Project  Berlin  Start-Up  Scene  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Silicon  Alley  economic  history  fossil  fuel  renewable  energy  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  tax  code  fiscal  policy  industrial  policy  job  creation  STEM  Manufacturing  dogma  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians  No  Representation  short-termism  Opportunism  opportunist  microeconomic  policy  macroprudential  policy  macroeconomic  policy  intellectual  property  IP  progressive  tax  code  tax  evasion  tax  avoidance  democracy  social  democracy  fairness 
february 2016 by asterisk2a
Women in Tech
[ via pando - bit.ly/1KotzjQ ] They surveyed some 200 senior women in the tech world about discrimination. The details from the survey are, in a word, disgusting...
Ellen  Pao  gender-based  discrimination  gender-based  harassment  gender  policing  gender  politics  gender  pay  gap  gender  bias  confirmation  bias  selection  bias  bias  snap  judgement  HR  human  resources  people  management  team  management  everyday  sexism  sexism  sexismus  gender  gap  gender  inequality  gender  equality  gender  conforming  gender  role  Patriarchy  boys  club  straight  white  male  male  privilege  white  male  privilege  Women  in  Tech  discrimination  ethnic  discrimination  social  discrimination  racial  discrimination  gender  discrimination  minority  Silicon  Valley 
january 2016 by asterisk2a
Pando: Two slides that could predict a worse quarter for venture capital is coming
All of 2015’s totals lived and died on mega-deals. Mega-deals were the reason that the total amount invested in the year was one of the highest on record, even though the actual number of deals fell. It’s the reason the fourth quarter’s venture capital total fell so sharply when mega deals declined some 45%. //&! As America faces the techpocalypse, how are things going in Europe? - bit.ly/1ndNFZt //&! If Doordash is struggling to close funding with Sequoia as a lead, how bad are things at your startup? - bit.ly/1njD8v9 - Doordash is a fundable company, just not at the prices originally discussed… and maybe not even at $600 million. //&! Asian venture capital in 2016: This could get ugly… - It has the farthest to fall, and the newest investors - bit.ly/1Pg8vla
growth  round  Venture  Capital  ZIRP  NIRP  QE  distortion  Silicon  Valley  Private  Equity  Mutual  Fund  Angel  Investor  Seed  Party  Private  Market  Hype  Cycle  Unicorn  China  credit  bubble  monetary  policy  liquidity  trap  speculative  bubbles  asset  bubble  asset  allocation  QT  Software  Is  Eating  The  World  mobile  homescreen 
january 2016 by asterisk2a
Pando: Unicorns on fire: Funding falls dramatically in the fourth quarter, along with exits of all kinds
I predicted the second quarter of 2015 had to be peak mega round. Turns out, I was three months off. But now it’s official: The shit is hitting the fan. [...] In the third quarter, venture funding hit dot com funding levels with 2008 deals and $38.7 billion raised. In the fourth quarter, we saw the lowest deal tally since 2013, with just 1743 deals raising some $27.3 billion.
IPO  Unicorn  growth  round  ZIRP  NIRP  QE  distortion  Private  Market  Wall  Street  Fed  monetary  policy  USA  China  business  confidence  Silicon  Valley  Hype  Cycle  termsheet  liquidation  preferences  Private  Equity  Mutual  Fund  SPV  Venture  Capital  Angel  Investor  Seed  Oil  price  QT 
january 2016 by asterisk2a
The True Impact Of The Snapchat Writedown For Entrepreneurs | TechCrunch
Snapchat is worth a lot less this month than it was last month. Fidelity, one of tech’s most active late-stage cross-over investors, recently decided that Snapchat is worth about $23/share, instead of the $30/share initially estimated. It’s part of an ongoing trend of cross-over investors trying to figure out exactly what unicorns are worth. But what does that mean for the average entrepreneur? Not much. The bubble didn’t pop. It just landed back on our planet. The best thing you can do for yourself, your company, and your future investors is build a business that works in real life.
Snapchat  Unicorn  Silicon  Valley  Venture  Capital  growth  round  hunt  for  yield 
december 2015 by asterisk2a
Udacity Marks 1,000 Graduates from Online Education ‘Nanodegrees’ | Re/code
“I direct my work not towards what I’m best at, but where there’s impact,” Thrun said. “If you can build a self-driving car, that’s great. But if you can teach people to build a self-driving car, that’s even better.” // along the lines of great minds with small ideas (yet another consumer-entertainment-escapism product).
MOOC  Udacity  life  hacker  life  lesson  Purpose  intrinsic  motivation  missionary  vision  visionary  e-learning  online  learning  elearning  career  advice  Start-Up  advice  Start-Up  lesson  impact  career  ladder  consumer  product  disruption  disrupting  markets  Silicon  Valley  counter  culture 
october 2015 by asterisk2a
Yahoo’s Marissa Mayer Says Executive Departures Were ‘Careful Planning’ (I Beg to Differ!) | Re/code
nervousness about what happens after the spinoff of Yahoo’s stake in China’s Alibaba Group. Mayer said today it could be delayed until January, but once done, it means Yahoo’s shaky core business has to stand on its own. Shaky indeed. Yahoo reported weak earnings for its third quarter yesterday, not meeting Wall Street expectations of earnings and revenue. How to turn that around is still a work in progress, said Mayer and CFO Ken Goldman on the earning conference call with analysts. But employees are bracing for the bumpy future. One source noted that “some execs are just slotting people in anywhere so they can hang on until whatever is planned for post-spin … people in the know know that whatever is coming post-spin isn’t great.” [ cutting 10-20% of its workforce? size apropriate? ]
Yahoo!  Yahoo  Marissa  Mayer  Y!  Wall  Street  profit  maximisation  shareholder  value  capitalism  Silicon  Valley 
october 2015 by asterisk2a
Benchmark’s Venture Capitalist Gurley: ‘Private Valuations Are Fake’ | Re/code
“Unicorns have priced themselves out of the public market,” said Gurley, adding that the valuations are “all on paper. It’s all a myth.” He issued a call for startups to return to business fundamentals. “We need to refocus on building real businesses that are sustainable,” Gurley said. “I personally wish the market would bring them all down so that we could get to a more sane place.”
Unicorn  distortion  Private  Market  ZIRP  NIRP  QE  unintended  consequences  Silicon  Valley  valuation  Bill  Gurley  a16z  Marc  Andreessen 
october 2015 by asterisk2a
The Information's 411-10/23 "Blood Feuds" by The Information Podcasts | Free Listening on SoundCloud
11:30 // science is hard. stupid. and a non-consumer product. duh. //&! HYPE CYLCE - on 5 magazine covers and not even public! because she is, as female science-based founder/ceo a rarity and it sells papers >> on.recode.net/1PcJ8zW - Theranos CEO Elizabeth Holmes’s Five Best Cover Story Appearances, Ranked
Theranos  Hype  Cycle  Silicon  Valley  Elizabeth  Holmes  Steve  Jobs  Leadership  vision  visionary  missionary  Trope  messaging  message  PR  spin  doctor  Mark  Zuckerberg  credibility  glass  cliff  glass  ceiling  gender-based  discrimination  gender-based  harassment  Venture  Capital  B2B  Box  Aaron  Levie  B2C  Google  Inc.  Google  Search  communication  TOS  EULA  consumer  product  Protection  23andme  Tesla  Motors  Elon  Musk  journalismus  journalism  investigative  journalism  Amazon  disruption  disrupting  markets  Uber  Travis  Kalanick  Jeff  Bezos 
october 2015 by asterisk2a
Facebook: The Secret Force Behind CISA? | Betrayed by Tech
bit.ly/1PAg5rx //&! CISA is “surveillance bill masquerading as a cybersecurity bill” via EFF //&! bit.ly/1LOkilv // We've gotten information that Facebook is secretly lobbying for a dirty bill called >> “CISA” that would give them impunity for violating their users’ privacy << (bc people were unable to sue said company) —as long as they hand over user data to the government. Most tech companies are against it for privacy reasons, but apparently Facebook is working behind the scenes to make sure it passes. [...] Facebook’s chief Senate lobbyist, Myriah Jordan, worked as General Counsel for CISA's sponsor, Senator Richard Burr, right up until taking the job at Facebook. On her lobbying disclosures she lists “cybersecurity” as one of the issues she's been discussing with senators. These “revolving door” connections give companies more power and influence than ordinary people could ever have, // If you have the money, size, and influence. You can write the rules you have to play by.
CISA  Facebook  Mark  Zuckerberg  Internet  Privacy  Privacy  cyber  war  on  Terror  on  Drugs  Surveillance-Industrial  Complex  surveillance  state  Orwellian  military–industrial  lobbyist  lobby  Lobbying  revolving  door  Silicon  Valley  crony  capitalism  capitalism  profit  maximisation  shareholder  value  fiduciary  responsibility  injustice  Justice  System  Rechtsstaat  TTIP  TPP  Wall  Street  zombie  consumer  TOS  Platfom  Silo  morality 
october 2015 by asterisk2a
Pando: The most patient man in Silicon Valley
Too much in Silicon Valley revolves around hyperspeed. Everything in the startup world is an emergency that needs to be solved in an all-nighter last night, if you allow it to be. The genius in Ravikant’s AngelList is its measured, methodical, brick-by-brick pace to build a software platform to replace, save, wreck, or augment – the verb depends on your point of view – a business that everyone insisted for decades was incurably human, boutique and done with deeply-trusted partnerships and eye-to-eye handshake deals. //&! bit.ly/1LS4aVg - The “The old Series A investor who put in $2 million and really cared and had resources is dead.” [...] “A seed fund doesn’t have the resources that a Kleiner Perkins or a Benchmark had,” [ Incubators are only 3 months long ] AngelList syndicate leads help, but they don’t care enough to help [as classic VC's] [...] Entrepreneurs have to stitch it together themselves.”
Naval  Ravikant  AngelList  Venture  Capital  Silicon  Valley  Networking  Software  Is  Eating  The  World  crowd  funding  Seed  Round  Angel  Investor  disruption  disrupting  markets  bottom  up  SPV  growth  Party  Round  Angel  List  angel-list  A  Round  Start-Up  lesson  Start-Up  advice 
october 2015 by asterisk2a
The internet is run by an unaccountable private company. This is a problem | Technology | The Guardian
The US government’s plan to give up authority over Icann may create the web’s answer to Fifa – when problems arise, no one will have the power to intervene
ICANN  Tim  Berners-Lee  Wall  Street  crony  capitalism  counter  culture  Silicon  Valley  profit  maximisation  corruption  Net  Neutrality  bribery  capitalism  shareholder  value  corporate  media  corporate  state  cyber  war  interest  groups  vested  interest 
september 2015 by asterisk2a
How Microsoft Lost Its Mojo: Steve Ballmer and Corporate America’s Most Spectacular Decline | Vanity Fair
Lost decade under Ballmer, the sales guy. Sales guy is not the right guy 2 make a dent into the universe. //&! JULY 2012 Microsoft’s Downfall: Inside the Executive E-mails and Cannibalistic Culture That Felled a Tech Giant - vnty.fr/1OU6xUN //&! NOVEMBER 2014 The Empire Reboots - vnty.fr/1FZ4mJd //&! bit.ly/1isyHfL //&! Bill & Ballmer not on speaking terms - on.mash.to/1isyFED cnet.co/1KcO02M //&! Steve Ballmer talks LA Clippers, Satya Nadella & Microsoft. Just dont ask him abt Gates - ind.pn/10mLbMH //&! read.bi/1Lw4zXs // &! Start-up advice/lesson is that you have to have a true north to be long-term relevant, big enough to be seemingly inexhaustible! Yahoo! NO. AOL. NO. Twitter. Still Debating it internally, reflective of nobody being the true leader with true leadership capabilities, everyone cooking & suggesting spices. Facebook. YES. LinkedIn. YES (economic graph). Amazon. YES. Zappos. YES. RocketInternet. NO. Google. YES. Foursquare. YES. Tumblr. NO. Reddit. YES. HBO. YES.
Steve  Ballmer  Bill  Gates  Apple  Google  Google  Inc.  Alphabet  Inc.  Platform  EULA  Windows  8  Windows  10  Satya  Nadella  Leadership  CEO  mission  vision  Principle  Mittelstand  SME  SMB  consumer  product  Facebook  Twitter  Bing  Yahoo!  WhatsApp  WeChat  Line  Kakao  Talk  Silo  SAAS  Microsoft  Azure  AWS  Amazon  Silicon  Valley  Android  iOS  Hardware  Software  Nokia  Patent  patents  IP  intellectual  property  technological  progress  technological  history  disruption  disrupting  markets  bottom  up  dream  Start-Up  lesson  Start-Up  advice  Venture  Capital  Google+  Tumblr  Reddit  AOL  linkedin  foursquare  Dennis  Crowley  HBO 
september 2015 by asterisk2a
Pando: Good news! B rounds have doubled in value over five years!
B Round! doubling down on (to a certain point) proven ideas as they move to make themselves solid/viable (building business model & continued growth if not even putting some more gasoline on the fire with a B Round - allocation of resources). thus there is competition thus bidding up in a private market. BUT BUT also reflects the rising cost! Rising cost to grow, the war for talent to scale, and the cost in said hubs/ecosystems where the talent are already working on scaling other companies, where rent is sky high and space rare to expand office, ops, ramp up head count, ... // why, on a side note!, ? because global ZIRP, NIRP, QE, hunt for yield, FOMO, property speculation, alternative asset management and allocation (newly minted paper millionaers) have bid up prices in metropolitan and hot cities by credit bubbles around the world. bc financial markets are global, thus your allocation/diversification is global, not limited where ur home addr is. adding to volatiliy too bc of froth!
Silicon  Valley  Seed  Round  Party  Round  SPV  Venture  Capital  Private  Market  FOMO  hunt  for  yield  B  Round  A  Round  growth  Private  Equity  Hedge  Fund  Angel  Investor  Micro  VC  2015  cost  of  living  credit  bubble  cost  of  entry  aspirational  leverage  margin  trading  asset  bubble  asset  allocation  distortion  ZIRP  NIRP  QE  BOE  BOJ  Abenomics  PBOC  Fed  unintended  consequences  burn  rate  runway  ECB  Mutual  Fund  unknown  unkown  inflation  targeting  Fed  mandate  inflation  expectation  secular  stagnation  deflationary  deflation  economic  growth  speculative  bubbles  speculative  speculation  reflate  reflation  monetary  policy  unconventional  monetary  policy  financial  financial  repression  western  world  Developing  BRIC  emerging  complexity  incomplete  information 
september 2015 by asterisk2a
Consumed: How We Buy Class in Modern Britain: Amazon.co.uk: Harry Wallop: 9780007457106: Books
[ abuse of human condition, evolution ] he argues that our social standing in today's society is no longer determined by the accent you speak with, the school you attended, or your parents. Rather, it is determined by the food we eat, our choice of holiday destination, the clothes we wear, the size of the TV we sit in front of, and whether you use a plug-in air freshener or a smelly candle. // &! Enough: Breaking Free from the World of Excess Paperback (2009) by John Naish // &! No Logo by Naomi Klein //&! The Tyranny of Choice - Renata Salecl //&! The Paradox of Choice: Why More Is Less - Barry Schwartz //&! The Art Of Choosing: The Decisions We Make Everyday of our Lives, What They Say About Us and How We Can Improve Them - Sheena Iyengar // &! Essentialism: The Disciplined Pursuit of Less (Greg McKeown) // &! September 2015 Wish list // &! essentialism, simplicity, minimalism, minimalismus, and tim ferriss >> decision fatigue
status  anxiety  status  symbol  status  quo  socioeconomic  status  social  status  identity  visual  identity  labels  label  boxes  snap  judgement  Alain  de  Botton  book  materialism  consumer  choice  consumerism  consumerist  consumer  zombie  consumer  closetphile  marketing  reframing  framing  Apple  aspirational  aspirational  product  advertisement  advertising  childhood  development  childhood  prejudice  judgement  society  Gesellschaft  Wegwerfgesellschaft  short-term  substance  abuse  climate  change  global  warming  long-term  view  long-term  thinking  counter  culture  Silicon  Valley  social  entrepreneurship  short-term  thinking  short-term  view  Opportunism  opportunist  crony  capitalism  post-capitalism  capitalism  Share  Economy  marginal  propensity  to  consume  disposable  income  discretionary  spending  finite  resources  ecological  disaster  plastic  nation  plastic  bag  environmental  disaster  Millennials  generationy  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  climate  crisis  unintended  consequences  unknown  unkown  Polarisation  manufactured  consent  corporate  media  lobbyist  lobby  Lobbying  Career  Politicians  nanny  state  revolving  door  propaganda  CSR  corporate  social  responsibility  corporate  state  corporate  culture  corporate  values  character  personal  values  PR  spin  doctor  media  social  change  con 
september 2015 by asterisk2a
The Myth of Valley DoucheBaggery - John Battelle's Search Blog
But I think our industry culture is moving far faster than the writers at Silicon Valley might wish to believe. I think we’re seeing the rise of a new culture, one that rejects arrogance and the founder worship which breeds it. Inevitable outliers aside, the Valley and technology culture I experience every day in my work at NewCo is one of passion, sweat, earnestness, and good intentions. Sure, we all fuck up. And sure, the press (especially, not surprisingly, the press in New York) has a field day when someone does. But by and large, the teams making companies like Slack, LiveRamp, Medium, Earnest, MetroMile, Lyft, Okta, Pinterest, and hundreds more are damn fine people, and they are dedicating their lives to making something that creates positive change – a product or service that makes the world a better place (even if it’s in a small way). [...] When you’re facing existential threat, our tolerance for douchebaggery in the name of making more money at any cost, ....
Silicon  Valley  counter  culture  brogrammer  asshole  culture  asshole  game  Steve  Jobs  CEO  Leadership  corporate  culture  corporate  values  vision  mission  impact  Privileged  Establishment  Toff  wantrepreneur  Trust  Fund  Kid  Campus  Evan  Spiegel  Hype  Cycle  insular  cooperation  partnerships  Collaborative  collaboration  Open  Platform  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  post-capitalism  crony  capitalism  Millennials  character  Travis  Kalanick  capitalism  exploitation  Apple  PR  spin  doctor  Amazon  Jeff  Bezos  corporate  social  responsibility  CSR  Salesforce  Marc  Benioff  social  entrepreneurship  Non-Profit  long-term  view  short-term  view  opportunist  Opportunism  Start-Up  advice  Start-Up  lesson 
september 2015 by asterisk2a
What I Learned This Week About Tim Cook’s Apple | Re/code
[ always along the motto: extension of you, part of you. The new Apple under Jobs was NOT an overnight success! It build on its differentiation, strong base, a cult, a Tribe, 1000 True Fans, and build on it stride by stride. Most capitalistic company out of SV, no counter-culture out of largest corp on world. & can pull of iAd coup because it has monopsony! & Duopoly w Android. ] Many people love Apple, others despise it. But, even without Jobs, it cannot be ignored. There simply is no other company that combines such a high-quality hardware line with such well-regarded software platforms. A faltering Samsung has the former, but not the latter. A strong and admirable Google has the latter, but not the former. If you didn’t believe that before, this week’s event made it crystal clear, with once-bitter rivals like Microsoft and Adobe showing up onstage to boast about how well their products worked with new Apple hardware and software. [ sw & hw iteration = leverage comp advantage ]
Apple  iOS  Hardware  commodity  business  commoditization  Android  Software  Is  Eating  The  World  Software  Google  Inc.  Samsung  HTC  Lenovo  LG  Apple  TV  iPhone  Apple  Watch  Steve  Jobs  Tim  Cook  aspirational  product  PR  spin  doctor  public  relations  Positioning  marketing  public  image  status  symbol  status  anxiety  materialism  consumerist  consumerism  zombie  consumer  socioeconomic  status  social  status  emerging  middle  class  Platform  Silo  Apple  App  Store  Google  Play  R&D  Research  STEM  Microsoft  Nokia  Motorola  Adobe  Satya  Nadella  Leadership  vision  mission  differentiate  differentiation  Selbstdarstellung  Luxury  crony  capitalism  capitalism  post-capitalism  Wall  Street  profit  maximisation  shareholder  value  counter  culture  Silicon  Valley  Internet  Privacy  Privacy  iAd  Siri  AdBlock  personal  assistant  competitive  advantage  corporate  strategy  long-term  view  Tribe  Cult  1000  True  Fans  brand  awareness  Branding  Start-Up  advice  Start-Up  lesson  monopsony  duopoly  antitrust 
september 2015 by asterisk2a
Pando: Your biennial reminder that hype is a drug
"Hype is a drug. As the entepreneur you can't resist it. But as the entrepreneur it'll bite you in the ass every time. So if you choose to build your company on hype, you're going to have to live with the consequences." // & cheerleading squadron that sits inside the bubble & transmits signals 2 the outside world is not helping these companies 2 dampen down 'just reporting'. There are rarely if, buts, question marks, demand for numbers, critical journalism, viability and sustainability questions, ... there is no journalism. and forget investigative journalism that could break another Techopus. Its also fuelled by the way established companies handle their PR. treat journalists. off the record practise, invites, dont tell anybody else, u didnt hear that from me, here is the invite 4 that special even for special people, ego stroking techniques. feeding ground for insular environment. //&! Fancy office (phony display of success) w A Round money 4 no revenue plan product &JUST BUY GROWTH!
Fred  Wilson  Hype  Cycle  Start-Up  advice  Start-Up  lesson  Unicorn  Venture  Capital  FOMO  hunt  for  yield  distortion  downround  Silicon  Valley 
september 2015 by asterisk2a
Apple's “Special Event” was underwhelming, but that's a good thing
I felt less bad for my younger, archiving self than I did for Apple. The parts of our lives we wanted instinctively to endure became ink leaked onto pulp, not files housed in silicon. Paper volumes we still house on oft-dusted bookshelves. It was the technology that Apple designed to usher us into the great, digital future that got thrown out – or, if the technology was lucky, encased inside a dust cover and forgotten about for decades. Apple, in time, learned not only to live with the disposability of digital architecture, but to profit from it... // [ the pendulum will swing back again, on a personal level, but for distribution, digital is so much better! And remember the possibility of data apocalypse ]
Retro  Vinyl  Polaroid  Photo  Album  physical  world  digital  economy  digital  content  digital  natives  Age  Diaries  life  hacker  life  lesson  content  distribution  Social  Network  technological  history  technological  progress  counter  culture  Silicon  Valley  Selbstdarstellung  Selbstfürsorge  Psychology  ephemeral  Data  Apocalypse 
september 2015 by asterisk2a
Why Readers Don’t Get the True Story — The Information
The costs of off-the-record reporting are increasingly greater than the benefits, as the culture of talking without attribution gives companies too much control. // lots of companies use this practice / PR ... for what? have good relationships, tend the relationships with reporters/journalists? Give them a sense of being in THEIR circle? From outsiders view it looks like 'patting on the head like a child?' // Sarah Lacy once talks about it that there must be more stuff than Techopus. But the cheerleaders within the bubble of success, fame, notoriety and money ... WILL not look, dig, investigate ... because they are hired as cheerleaders (pageviews business model)
journalismus  investigative  journalism  journalism  corporate  media  TechCrunch  Vox  VICE  Sarah  Lacy  Pando.com  PandoDaily  Silicon  Valley  PR  spin  doctor  public  relations  marketing  Google  Uber  Amazon  Apple  Monsanto  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  No  Representation  political  theory  social  contract  democracy  Fortune  500  linkedin  counter  culture  transparency  Wall  Street  shareholder  value  profit  maximisation  shared  economic  interest  crony  capitalism  capitalism  post-capitalism  Buffer  Open  Organization  exploitation  TTIP  TISA  TPP  USA  corporate  state  Surveillance-Industrial  Complex  surveillance  state  Orwellian  military–industrial  military  Pentagon  NSA  Edward  Snowden  Whistleblower  Techopus  Chelsea  Manning  Yahoo!  Twitter  freespeech  freedom  of  press  Wikileaks  manufactured  consent  Polarisation  squeezed  middle  class  globalization  globalisation  inequality  propaganda  populism  reporting 
september 2015 by asterisk2a
What Makes Uber Run | Fast Company | Business + Innovation
"cultural lightning rod."? excuse me please what? < From the cheerleading squadron within SV. TC, Verge (Vox Media), HuffPo (AOL (Verizon Wireless)), BuzzFeed (VC's & corporate media investors NBCU), VICE & Co. // bit.ly/1ietqID - David Plouffe: Being caught threatening a journalist was "the most devastating thing imaginable" for Uber execs - A lot of chatter yesterday about this major profile of Travis Kalanick, in which the Uber founder -- with a little help from Fast Company -- launches his -- second? third? attempt at rebooting his reputation. //&! bit.ly/1LY3VEP - "On bad days, I look at our revenue graph." - Travis Kalanick // &! bit.ly/1F1jewI - Kalanick: I love self-driving cars because I can fire Uber drivers. Audience member: "Don't be a dick" // &! bit.ly/1UGTw8b - Court docs show Uber has settled lawsuit over death of 6-year-old-girl, but wants insurance company to foot the bill //&! Late Show w Colbert - bit.ly/1O71hQh &! bit.ly/1FDBh7k Uber's lost case in China!
Uber  Travis  Kalanick  PR  spin  doctor  Silicon  Valley  journalismus  investigative  journalism  journalism  reporting 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
Alex Gibney’s New Documentary Paints An Ambivalent Portrait Of Steve Jobs | TechCrunch
It opens with footage of the mass outpouring of grief after Jobs’ death in 2011, and the rest of the movie asks: Why did people feel so much attachment to the CEO of an enormous tech company? And is Jobs really worthy of such admiration? Gibney isn’t trying to convince people that they should stop buying Apple products — after all, he’s still got that iPhone. Instead the aim is to raise questions about Jobs’ values and the influence those values had on the rest of Silicon Valley (where Gibney often sees a similar “rough-and-tumble libertarian vibe”). [ ie lying to woz that he got paid only $700 ] &! theatln.tc/1EE17wR &! on.recode.net/1NdvHif - In his mind, his movie is a necessary counterbalance to overly positive portrayals of Apple’s iconic leader. [...] "I’m appalled, really, by his cruelty," [...] "This film really looks very carefully at his values." [...] "There’s a religion around Apple, and some won’t like it at all." [ Religion, duh. Enables to exploit. Free pass for X. ]
Steve  Jobs  Steve  Wozniak  personal  values  corporate  values  corporate  culture  Apple  character  Silicon  Valley  jerk  asshole  culture  asshole  game  counter  culture  PR  spin  doctor  brogrammer  Religion  exploitation 
september 2015 by asterisk2a
Five years, building a culture, and handing it off. - Laughing Meme
Nothing we know [ about X ] should be assumed to be true. // Technology is the product of the culture that builds it. // If you want to build for the long term, the only guarantee is change. Invest in your people and your ability to ask questions, not your current answers. Your current answers are wrong, or they will be soon. // Software development should be thought of as a cycle of continual learning and improvement rather a progression from start to finish, or a search for correctness. If you aren’t shipping, you aren’t learning. If it slows down shipping, it probably isn’t worth it. Maturity is knowing when to make the trade off and when not to. // You build a culture of learning by optimizing globally not locally. Your improvement, over time, as a team, with shared tools, practices and beliefs is more important than individual pockets of brilliance. And more satisfying. [ anti-Rock Star dev philosophy ] [ book by Red Hat CEO Open Organization ]
Start-Up  lesson  Start-Up  advice  Facebook  linkedin  Google  Google  Inc.  Alphabet  Inc.  scaling  corporate  culture  corporate  values  Failure  team  management  people  management  business  management  innovator  innovation  lefty  counter  culture  disruption  bottom  up  imagination  dream  disrupting  markets  Silicon  Valley  ecosystem  CEO  Leadership  of  You  Open  Organization  transparency  communication  community  community  management  Open  Source  accountability  equality  ProAm  Software  Development  Programming  programmers  continual  education  learning  accelerated  learning  learning  curve  Netflix  Etsy 
september 2015 by asterisk2a
SAP: Ehemaliger Mitarbeiter erhebt schwere Vorwürfe gegen SAP - SPIEGEL ONLINE
Hinter den Kulissen tobt um die Entwicklungsgeschichte des Erfolgsprodukts indes seit Jahren ein erbittert und mit harten Bandagen geführter Streit, der mittlerweile auch Gerichte und Behörden in Deutschland und den USA beschäftigt. Ausgerechnet ein Mitarbeiter der internen SAP-Revision, der mit einer Untersuchung ("Audit") über den Entwicklungsprozess von Hana befasst war, wirft dem Unternehmen vor, sich bei der Entwicklung eigener Produkte wie Hana am geistigen Eigentum von Wettbewerbern wie Oracle, IBM und Teradata bedient zu haben. Der bislang unbekannte Vorgang geht aus internen SAP-Dokumenten sowie Gerichtsunterlagen hervor, [...] Für SAP sind die Vorwürfe gefährlich, denn das Unternehmen ist einschlägig vorbelastet. In den vergangenen Jahren musste es Wettbewerbern wie Oracle Chart zeigen bereits hunderte Millionen Dollar an Schadensersatz überweisen. [...] [ $25m fuer sich zu fordern war dumm. Super naive. Schweigegeld oder was? ]
SAP  Oracle  intellectual  property  IP  IBM  competitive  competitiveness  competition  Silicon  Valley  M&A  Big  Data  disruption  disrupting  markets  SME  SMB  Mittelstand  innovation 
september 2015 by asterisk2a
Movinga vs. Movago – wer ist hier das Copycat? | Gründerszene
German start-ups copy each other now ... It's not the Samwer Brothers anymore, they have already lots on their existing plate (made up of copycats). Add the credit bubble, public market distortions and free cash that is flushing around put into seed rounds, as enabler. #Facepalm // smart heads, small opportunist ideas, x for y locally here in z.
Berlin  Start-Up  Scene  Europe  Start-Up  Scene  copycat  Samwer  Brothers  2015  credit  bubble  hunt  for  yield  distortion  Private  Market  Silicon  Valley  Germany  culture  Failure  stigma  entrepreneurship  wantrepreneur  execution  creative  destruction  disruption  disrupting  markets  counter  culture 
september 2015 by asterisk2a
Gary Vaynerchuk | USC Entrepreneur Talk | 2015 - YouTube
// I am an HR dictator. Don't be a dick like Steve because Steve was a dick and was successful and this icon that died a tragic death. << wantrepreneur. // its about having a product/market fit and executing well! it's what you do with it. //
Gary  Vaynerchuk  wantrepreneur  entrepreneurship  Start-up  of  You  entrepreneur  advice  lesson  HR  human  resources  corporate  culture  corporate  values  long-term  Legacy  CEO  Leadership  recruiting  recruitment  self-actualization  self-awareness  hunt  for  yield  2015  Silicon  Valley  irrational  exuberance  hubris  panic  execution  Product/Market  Fit 
september 2015 by asterisk2a
Government-backed egg lobby tried to crack food startup, emails show | Business | The Guardian
USDA official joined American Egg Board in planning to ruin Hampton Creek, Silicon Valley firm that created plant-based egg alternative and Just Mayo // nyti.ms/1LDafUR &! bit.ly/1QaVE1U &! on.fb.me/1hFul3F // &! redd.it/3k8fy0 - Want to Make Enemies Fast? Try Inventing a Vegan Egg //&! youtu.be/2oTp-C5lT0Y - US Government Conspiracy Against Vegan Eggs & Mayo! //&! FDA Threatens Just Mayo For Making Egg-Free Mayo - youtu.be/KcvvYjZyKAk //&! The GREAT EGG CONSPIRACY: Lies, Corruption & Kevin Bacon - youtu.be/IsgDwSvkJdM //&! NOBODY HAS BEEN FIRED!
Big  Sugar  Dairy  Industry  Milk  Industry  Egg  Industry  food  lobbyist  lobby  Lobbying  No  Representation  USA  USDA  FDA  public  health  policy  public  health  health  care  budget  health  care  spending  sick  population  UK  Europe  vested  interest  interest  groups  Silicon  Valley  crony  capitalism  capitalism  profit  maximisation  shareholder  value  revolving  door  Career  Politicians  bribery  corruption  reframing  framing  PR  spin  doctor  conglomerate  antitrust  Makers  Meat  Industry  Fish  Industry  Industrial  Farming  Livestock  agriculture  agriculture  agriculture  policy  American  Dream  barriers  to  entry  self-regulation  regulation  regulators  oversight  transparency  accountability  Petroleum  Industry  tobacco  climate  change  global  warming 
september 2015 by asterisk2a
Episode 30: Felix Salmon by Product Hunt
Everyone should be doing something lefty. The internet was abt that. Now its everyone wants 2 be big. Optimised. Cool things come out of waste, wasting times, free time, ... eureka effect. Lefty things are not optimised. // "We build a fucking great bridge." Nobody did back then seismic modeling. They just build a fucking great bridge that actually can carry twice the lanes/traffic, you can just put a 2nd deck on it with another 6 lanes. << build 4 prosperity. not optimised. THUS lesson, build ur business that way, 4 prosperity, pay money if u want 2 used it. Dont optimise 4 anything specifically. // Oldest Companies are still family owned. Not pressures by Wall Street 4 growth & profit. "No one is happy being profitable." "You wind up taking risks, eventually falling on your face." #growth-fetish // Venture Capital wants an exit. U put urself in that corner & have fiduciary responsibility. // If u own category/vertical u can sort of set price! & 46 oh hi there world, own platform!!!
Silicon  Valley  closetphile  social  entrepreneurship  Internet  Start-Up  advice  Start-Up  lesson  of  You  life  hacker  life  lesson  philosophy  Felix  Salmon  Wall  Street  crony  capitalism  post-capitalism  capitalism  shareholder  value  profit  maximisation  David  Heinemeier  Hansson  bootstraped  bootstrapping  bootstrapped  native  advertising  friction  frictionless  value  creation  Core  Product  Proposition  values  corporate  values  corporate  culture  Proposition  intangible  value  added  value  personal  values  counter  culture  advertisement  advertising  pre-roll  ad  micropayment  micropayments  Bitcoin  Dogecoin  brand  awareness  branded  content  e-mail  marketing  referral  marketing  attention  span  attention  graph  Twitter  oh  hi  there  world  Facebook  Instant  Articles  Apple  Newsstand  Apple  News  Google  Search  Newsfeed  Facebook  RSS  Platform  TOS  EULA  24-hour  cycle  business  model  pageviews  BuzzFeed 
september 2015 by asterisk2a
Pando: Blue Apron and the rise of the non-demand economy
[ trading money 4 convenience, on-demand, no planning (no personal overhead, that thing you have 2 plan & be reminded of 2 go after work 2 grocery store with that list.), & TIME. IF YOU HAVE THE MONEY. New Friday Night in (not w pizza, Chinese take out) for the better paid. You think you deserves, deserved to treat yourself, even during the week 2-3 times. Because you worked so hard and are so busy. It's not a mass market, utility thing. Period. It also sprouted so many kind of these things, because the money was there (2010-12-13-14-15). and SV and NY is hot bed of them, because of so much more disposable income available. But go into America. The picture looks very different. The opposite. People trying to make ends meet. Not just America but rest of western world! The actual macro of America did not justify those valuations and the money and the amount of these start-ups. SV/NY/Seattle distored the picture, does distort pictue of rest of America labour market! ] //&! bit.ly/1hUTTdS
disposable  income  discretionary  spending  Middle  Class  on-demand  convenience  aspirational  product  mobile  homescreen  Smartphone  Silicon  Valley  Venture  Capital  2015  distortion  labour  market  secular  stagnation  western  world  wage  stagnation  wage  growth  job  market  recovery  globalization  globalisation  squeezed  Sozialer  Abstieg 
september 2015 by asterisk2a
Priceline's Lessons for Uber, Airbnb and Other Unicorns - Bloomberg View
But it was its market valuation that drove the fascination, and after the stock price collapsed from a high of $974.25 a share in April 1999 to $6.75 in December 2000, people mostly stopped talking about Priceline.com. [...] First, that the huge valuations being attached to today’s leading digital startups probably aren’t all crazy. Second, that those valuations may make it hard for late-round private investors, or the rest of us after the eventual IPOs, to make much money off the insight that Uber or Airbnb or Snapchat is in fact built to last. And finally, the big lesson for these companies may be to set aside a bunch of that investor cash for when times get tough -- and maybe hire a CEO, or at least a general counsel, who is really good at making acquisitions.
Uber  Private  Market  AirBnB  Unicorn  Decacorn  hunt  for  yield  growth  round  Private  Equity  Mutual  Fund  Silicon  Valley  dot.com  Snapchat  IPO  Wall  Street  shareholder  value  profit  maximisation  Twitter 
september 2015 by asterisk2a
Pando: In the Valley, pre-seed is a meme. In New York, it’s a necessity
// cost of entry? // unable to make it happen? // Can't you write software from anywhere? // problem, heavily diluted early on approaching A/B, traditional shops don't like the cap table of pre-seed, angels, seed, accelerator & Micro VC's already owning ~+40% ... you come to a traditional A/B shop and not one of the existing investors is actually leading the round or committed in paper do double down? // // from a financial perspective/investment/math --- in the PRIVATE MARKET thrown under the bus by NIRP, QE, hunt for yield and FOMO (looking for their female unicorn or own Zuck) everyone can run 100 burger stands with unlimited/stellar returns in their spreadsheet model (bc cost of capital being 0 or negative). Despite the deflation of price of software & hosting (marginal cost, economics of abundance), Talent got bid up heavily (+200k/y in LA by Snapchat) in certain cities (SV, NY, London) // &! Steen Jakobsen - youtu.be/fnp5ETnKylU - min 16 avg guy does not have access to credit!
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september 2015 by asterisk2a
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