asterisk2a + advice   613

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
Joe Rogan Experience #761 - Bas Rutten - YouTube
1h32m45s - like it and be obsessed about. willing to do the grind. to do the stuff other people don't like to do. the stuff nobody cheers you on. nobody will see you do.
life  hacker  life  hack  life  lesson  career  advice  Gary  Vaynerchuk  Passion  Motivation 
march 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
Whiners vs. Winners: 2 Emerging Millennial Mindsets in the Workplace | Inc.com
- Whatever doesn't kill you makes you stronger. - How successful you are depends on how much s--- you're willing to put up with. [...] Today, the current economic situation is testing Millennials' grit. Unfortunately, some are making critical mistakes that are costing them opportunities for advancement. In other cases, like the woman from Yelp, they're even getting fired.
Millennials  job  creation  Service  Sector  Jobs  customer  Precariat  career  advice  career  ladder  working  poor  life  hacker  life  lesson  Casey  Neistat  minimum  wage  disposable  income  discretionary  spending  squeezed  middle  class  San  Francisco  cost  of  living  American  Dream  meritocracy  meritocratic 
february 2016 by asterisk2a
Episode 064 — Disrupting Trump by ExponentFM
37:00 - people go to amazon. pipe of stuff // same w Netflix - pipe of entertainment / front door of entertainment // cost free, marginally no cost to expand // key is now discovery! // but suppliers have no choice. cost pressure. // aggregation theory // differentiation only from being irreplaceable. unique. focused. narrow. avoid go out of way of commoditization. price is dead. newspaper itself has been fractured, broken up. // amazon is default for consumers. // how would you build a business that fit into amazon? that still makes you successful? differentiate to the point where you get a direct connection to the consumer! << custom to order quote paintings and other!? Want to compete in a completely new arena! where things are not scalable. where people can't compete on price with you. no "low-end focus" // winner take all effects - monopsony - size leverage to command conditions. // 1:12:00 find a niche
Amazon  Prime  e-commerce  Netflix  economics  of  abundance  abundance  marginal  cost  long-tail  subscription  model  subscription  publishing  2.0  digital  publishing  self-publishing  newspaper  Print  is  Dead  Etsy  Marketplace  commodity  business  commoditization  differentiate  differentiation  Gary  Vaynerchuk  Start-up  of  You  lesson  advice  Retail  pure  play  oligopoly  oligopol  competitive  competitive  advantage  competitiveness  monopsony  Brand 
february 2016 by asterisk2a
When a Unicorn Start-Up Stumbles, Its Employees Get Hurt - The New York Times
Just how punishing that price was became clear in late September. In an investor document about the sale that was distributed to shareholders, employees discovered their Good stock was valued at 44 cents a share, down from $4.32 a year earlier. In contrast, preferred stock owned by Good’s venture capitalists was worth almost seven times as much, more than $3 a share. The paperwork also showed that Good’s board had turned down an $825 million cash offer just six months earlier, in March. // via https://redd.it/3yehai
Unicorn  liquidation  preferences  Venture  Capital  termsheet  Start-Up  advice  Start-Up  lesson  downround  Private  Equity 
december 2015 by asterisk2a
Gay British man avoids extradition to Dubai | Law | The Guardian
Court finds the United Arab Emirates failed to give sufficient assurances that Michael Halliday’s human rights would be respected. A gay man has avoided extradition to Dubai – where homosexuality is outlawed – after a London court ruled there was a risk he would be tortured and was unlikely to receive a fair trial on theft charges. In a strongly worded ruling, a judge at Westminster magistrates court said the United Arab Emirates had not given the court sufficient assurances that Michael Halliday’s human rights would be respected. In district judge Jeremy Coleman’s ruling, which sets a significant precedent, he said: “The trial, treatment and conditions of those accused or convicted of criminal offences in the UAE is still the subject of complaint and is often alleged to fall well below the required standards … Taking into account Mr Halliday’s own circumstances, I cannot be satisfied that he would not be at significant risk.
UAE  human  rights  LGBT  Religion  Islamic  Law  Sharia  Law  Qatar  Bahrain  Saudi  Arabia  Dubai  Islamophobia  homosexuality  homophobic  Homophobia  transphobia  Transphobic  Justice  System  travel  advice 
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
Drug-resistant malaria can infect African mosquitoes - BBC News
Dr Rick Fairhurst, from the National Institute of Allergy and Infectious Disease (NIAID), in the US, who carried out the research, said: "We think this will provide additional impetus for intensifying - and by intensifying, I mean grossly intensifying - the malaria elimination efforts in South East Asia." This drug-resistant parasite was first seen in Cambodia in 2008, but has since been reported across South East Asia. It is rendering the best front-line drug - Artemisinin - useless. But this is not the first time this has happened. Since the 1950s, drug after drug has stopped working as the malaria parasite (Plasmodium falciparum) has evolved. And each time, the problem has first emerged on the Thai-Cambodia border before spreading around the world. [...] The World Health Organization estimates that in the last 15 years malaria death rates fell by 60% globally and 6.2 million malaria deaths have been averted. Scientists warn that they cannot afford to lose this drug.
Malaria  Africa  travel  advice  South  East  Asia  Asia  WHO  pharmaceutical  industry  pharma  big  pharma 
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
Casey Neistat's Guide to Filmmaking - YouTube
learning by doing. practical skills. semi-instant feedback. // tim ferriss and other writers; its about bleeding. putting yourself out ther naked and raw. // storytelling, relating! RELATING! Interestingness. And share it in a way that is interesting (time limit <10min, cut/edit, graphics, mobile friendly (lenght 10min, no fluff, red line from start to finish, IMMER AUF DEM ROTEN FADEN.) // &! here comes everybody // Story is Golden. << The King. Everything else serves the king. //&! EXPERIMENT, TRY, TINKER AROUND WITH THE EDIT. MARGINAL GAINS - youtu.be/nq9yz77r3zA - 5:40 - experience and good judgement does come with practice, practice and practice. And being open to mistakes and failure. They are part of practicing a craft. &! << WALK YOUR OWN PATH TO DISCOVER AND YIELD >YOUR OWN< STYLE *casey neistat - youtu.be/8hr2Isqsxxs - thus become unique. average comes from taking a given path others plotted to teach; 'The Dummies Guide' to editing. storytelling. lighting. cinematography.
storytelling  Casey  Neistat  Vlogging  Vlog  cinematography  editing  YouTube  content  creator  digital  artist  digital  economy  digital  content  meritocracy  meritocratic  The  Wars  noise  noise  pollution  barriers  to  entry  cost  of  entry  digital  natives  content  discovery  content  distribution  Moore's  Law  Age  Tumblr  Blogging  Blogger  writers  writer  Tim  Ferriss  radical  honesty  bullshit  detector  Instagram  Selbstdarstellung  Celebrity  of  You  Selbstfürsorge  culture  status  symbol  status  anxiety  social  status  Patriarchy  Hollywood  Entertainment  Industry  ProAm  amateur  Vine  Beme  Periscope  Meerkat  Multimedia  writing  publishing  2.0  self-publishing  digital  publishing  narrative  career  advice  creating  creative  destruction  life  lesson  life  hacker  career  ladder  Failure 
october 2015 by asterisk2a
Abenteuer Wohnmobil | Die Reportage | NDR - YouTube
Freiheit leben. Nicht die Geldanlage als Betongold. Aber Leben als ... Lebensanlage. //&! BIG ONES - Mega-Mobil-Manufaktur Morelo | Abenteuer Auto - youtu.be/l6PZ5lP7gJw - zum preis einer eigentumswohnung. Kannst aber dann darin auch leben 365 days.
Vagabonding  travel  advice  life  hacker  life  lesson  citybreak  Vacation  travel  traveling  Wohnmobil  society 
october 2015 by asterisk2a
American Apparel: a trip from the height of cool to lows of bankruptcy | Business | The Guardian
[ your edgy and PR storm/press differentiation can become a liability to future growth especially if you use that kind of marketing to grow, clickbait is not sustainable. stupid. should have stayed private and nimble! wall street and the numbers call it a bluff of the founder, cant be bigger & more than it was pre-ipo. no growing endlessly as edgy brand ] American Apparel has faced growing competition in the US from cut-price overseas competitors such as H&M, who have effectively replicated the brand’s fashion for a lower price. [...] recorded a loss for ten consecutive quarters, which was unsustainable given its debts. [...] American Apparel is the country’s biggest manufacturer of clothing and it is based in downtown Los Angeles. The company claims to pay experienced factory works more than $30,000 a year, compared with $600 a year for workers in Bangladesh factories. [...] we are taking this step to keep jobs in the US, and preserve the ideals for which the company stands.”
American  Apparel  Fashion  Industry  Manufacturing  Branding  brand  awareness  differentiate  differentiation  USA  Fast  Fashion  commodity  business  commoditization  Retail  pure  play  e-commerce  Wall  Street  IPO  shareholder  value  profit  maximisation  mainstreet.org  fiduciary  responsibility  Venture  Capital  entrepreneur  entrepreneurship  Start-Up  lesson  Start-Up  advice  marketing  PR  advertising  advertisement 
october 2015 by asterisk2a
Snapchat: Neue Bezahlfunktion erlaubt Zurückspulen - SPIEGEL ONLINE
[ true north of Leaders of Snapchat and Tinder ??? creating a two class app, paying for convenience and privilege?! ] Snapchat lebt von Flüchtigkeit: Fotos und Videos verschwinden nach dem Ansehen. Jetzt kassiert die Chat-App diese Funktion. Für 99 Cent gibt es drei Wiederholungen. Auch die Flirt-App Tinder nimmt Geld fürs Zurückspulen. //&! youtu.be/1CbP0gxvWWw - Consumer products need to stay fresh (in consumers mind, word of mouth, discussion, hello we still exist). Snapcash, pay for replay, ... ... Twitter lacked staying fresh (new product release cycle slowed down bc of internal stuff ...), Tinder, Instagram, Facebook, WhatsApp (utility (less is sometimes better) vs entertainment (differentiation)), WeChat, Line, Kik, ... Tumblr (slow ... bc of internal and tech was slow w Android/iOS app), Reddit (ouch).
Snapchat  Tinder  business  model  pageviews  native  advertising  advertisement  advertising  friction  frictionless  constraint  artificial  constraint  authentic  authenticity  Leadership  vision  mission  True  North  CEO  Product  Design  Core  Product  Value  Proposition  creation  intangible  Value  Proposition  added  community  community  management  Start-Up  advice  Start-Up  lesson  Gary  Vaynerchuk  consumer  Twitter  Facebook  Instagram  Facebook  Messenger  WhatsApp  WeChat 
september 2015 by asterisk2a
The more you pursue happiness, the faster it runs from you | Zach Stafford | Comment is free | The Guardian
Psychologist Iris Mauss at the University of California, Berkley found that the pursuit of happiness might just leave you worse off. “Wanting to be happy can make you less happy,” said Mauss in an interview with livescience.com. “If you explicitly and purposely focus on happiness, that appears to have a self-defeating quality.” [...] In her studies, participants who were not happy would begin blaming themselves for feeling sad. They thought it was an immediate flag for their failure, making these negative feelings even more counter-productive. The people who accepted these negative feelings as normal, however, were much happier in the long run. So, accepting your sadness could actually make you feel good. [...] For Darwin, emotions were very much tied to surviving, which requires more than just happiness. [...] Be open about how you’re feeling, don’t try to hide behind it or conceal it. // &! keeping a diary talking to and about yourself compassionately.
happiness  index  well  being  Purpose  intrinsic  motivation  work  environment  Autonomy  vision  mission  Start-up  of  You  lesson  advice  HR  human  resources  4-day  work  week  people  management  team  management  chronic  stress  burnout  workplace  beyond  workplace  drama  Mastery  impact  social  entrepreneurship  volunteering  volunteer  Descape  honesty  radical  honesty  Failure  communication  Alain  de  Botton  compassion  empathy  society  culture  zombie  consumer  sociology  selfish  gene  Selbstdarstellung  Selbstfürsorge  perfectionism  Psychology  philosophy  life  hacker  life  lesson  emotion  evolution  community  character  personal  values  long-term  view  long-term  thinking  consumerist  Dopamine  consumerism  materialism 
september 2015 by asterisk2a
Mike Ueberroth - Mobile Uploads
Malala Yousafzai & Kylie Jenner. Both turned 18 recently. One was given a Ferrari and spent thousands on facial modification. The other was awarded a Nobel Peace Prize, survived a gun shot to the face by the Taliban due to corruption in her country, and opened a school for Syrian refugees to combat the lack of education for youth around the world. What's upsetting is the media is only covering one of these stories as "breaking news." Share the post to spread real love and inspiration across the youth of the world. Last thing to note, Malala is infinitely more beautiful! **re-posted // hard things are hard for a reason! // what happens to the cognitive surplus what everyone talked about at the turn of the century? its being eaten by consumption pattern - on the mobile homescreen (Entertainment, utility, Gaming, Escapeism, snacking).
Social  Media  Celebrity  of  You  culture  status  anxiety  status  symbol  socioeconomic  status  status  Selbstdarstellung  Selbstfürsorge  Selfie  Millennials  Dopamine  Persistence  instant  gratification  work  career  advice  career  ladder  intrinsic  motivation  Purpose  happiness  index  well  being  Mastery  Autonomy  life  hacker  life  lesson  Process  Gary  Vaynerchuk  Casey  Neistat  Perspective  change  entrepreneurship  generationy  Start-up  of  You  cognitive  surplus  mobile  homescreen  zombie  consumer  distraction  attention  span  21stcentury 
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
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
More evidence that Snapchat needs to just kill Discover already
>> bit.ly/15SfOfU &! bit.ly/1M6Khcb &! bit.ly/1uxEz6s (( Discover wants to be Newsfeed ala Facebook without 'Liking' a page (BEING FED ... uhhhh, so TV/Radio/Newspaper. You don't discover, you are being fed.), but curated, and first foray into introducing ads (figuring out a business model) ... and not opting to go/experiment w native ads (Snaps pushed to users, ala Superbowl ads! at around half the price point of Superbowl ads? Why not. With a tight grip on quality, storytelling, authenticity, ... sure can't scale it very much. And not the ultimate money machine at first.) )) --- vs --- Gary Vaynerchuks opinion on it - bit.ly/1zBUCYm &! bit.ly/1XSVS2L - argues if programming is good (content being the variable) people will go there repeatedly vs their website or own app. // BUT is Discover too far removed from Snapchat being Snapchat (medium is the message) itself and thus friction. Bc of no empowerment, engagement, experience the original medium has! Stapled on non-native feature.
Snapchat  Snapchat  Discover  Evan  Spiegel  Facebook  user  generated  content  Facebook  Instant  Articles  Newsfeed  Twitter  LinkedIn  Pulse  The  Wars  noise  pollution  noise  Signal  vs.  content  curation  curation  algorithm  Platform  TOS  user  experience  user  engagement  customer  empowerment  customer  experience  mobile  homescreen  user  behaviour  creative  content  creator  ProAm  creator  creating  creativity  value  creation  utility  Escapeism  Entertainment  Smartphone  added  value  Core  Product  Proposition  Proposition  Start-Up  lesson  Start-Up  advice  business  model  pageviews  advertising  advertisement 
september 2015 by asterisk2a
Option Games: Common Stock Values Get Murkier — The Information
Valuing common stock has gotten trickier for startups. The growing number and complexity of rights on preferred shares are causing companies to adjust their reasoning around how much their common stock is worth, according to firms providing the valuations and lawyers overseeing them. But companies still have a lot of discretion, a reminder that how startups calculate their value frequently bears little relation to big funding headlines. [...] Valuations of startup firms’ common stock for employee option grants has been complicated by increasing complexity of rights on preferred stock and secondary market transactions. [...] [ !!! Snapchat offered common stock only in recent (May 2015) investment, Alibaba & two hedge funds were ok with it. But further termsheet details (liquidation preferences) unknown. Existing holders of common stock (employees) could be diluted massively, in future, ie Snapchat has a down round in the future/eventual IPO - on.wsj.com/1KICv8H &! bit.ly/1iiJw3G ]
cap  table  liquidation  preferences  common  stock  employee  option  grants  Start-Up  advice  Start-Up  lesson  HR  human  resources  compensation  package  valuation  Unicorn  Decacorn  preferred  stock  termsheet  Venture  Capital 
september 2015 by asterisk2a
Venture capitalists have Dying Unicorn lists. But they won't share 'em - Fortune
don't you reduce risk with each VC round raised? // Venture capitalists say startups are taking on too much risk, and a shakeout is inevitable. But they’re not saying who will be shaken out.
Unicorn  growth  round  Venture  Capital  Start-Up  lesson  Start-Up  advice 
september 2015 by asterisk2a
APIs Are The New FTEs | TechCrunch
In The New World, FTEs (Full-Time Employees) Will Become APIs. Much has been made about how the dropping cost of website infrastructure has spurred a boom in startup formation, with Amazon Web Services held up as the prime example. The capital cost of servers has been eliminated, but even more important is the plummeting human cost. (<< Netflix has no own data center) [...] Companies and products like Heroku, Celery, RabbitMQ, Mandrill, Fastly, Chartio, Chargebee, Shipwire, Docker, Codeship, Rainforest QA, Replicated and Chartbeat have changed the nature of tech development. [...] Sure, there is a shortage of talent today, but developers are rapidly finding ways to put future developers out of jobs.
API  Blue-collar  Worker  White-collar  Worker  knowledge  domain  knowledge  knowledge  economy  Why  Software  Is  Eating  the  World  augmented  intelligence  AI  artificial  intelligence  Software  Is  Eating  World  Software  Development  Open  Source  marginal  cost  economics  of  abundance  Mobile  Creatives  Future  of  Work  Start-Up  advice  Start-Up  lesson  Platform  SAAS  proprietary  disrupting  markets  disruption  bottom-up  innovator  innovation 
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
We’re gonna need a bigger round...
After 15 years of staggering declines, the cost of building a company in San Francisco is rising sharply // prohibitive! diluting too much too early. // China and other BRIC paper millionaers divesting into property speculators, around the world. every city that has seen substantial price appreciation +10-20% over last +5 years // hot money from monetary policy, excess reserves, flushing around the globe //
cost  of  entry  cost  of  living  living  standard  living  spaces  standard  of  living  city  living  commuting  London  Start-up  Scene  San  Francisco  burn  rate  runway  advice  lesson  urbanisation  urban  planning  Mountain  View  Palo  Alto  Redwood  growth  round  Venture  Capital  hunt  for  yield  FOMO  asset  allocation  asset  bubble  speculative  bubbles  property  bubble  hot-money  ZIRP  NIRP  QE  China  PBOC  2015  credit  bubble  Fed  ECB  BOJ  excess  reserves  economic  history  equity  bubble  bond  bubble  bubbles  speculative  speculation  Micro  VC  Limited  Partners  Angel  Investor  Seed  Party  valuation  globalization  globalisation  flat  world  borderless 
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
Re-Thinking the Way We Work with Basecamp CEO Jason Fried by The Growth Show
https://knowyourcompany.com/ // Transparency internally, via wiki ala Google. Everything in it. People can catch up, get to speed much faster when joining. And Transparency externally ala Buffer. // Book: Open Organisation (Red Hat CEO's book) // // ~~ Slack (group chat) has downsides, is too fast for non-important stuff that creates non-important discussions. ~~ creeps on your efficiency and productivity. interrupts. // "Work Ends." // recovery, time away, wasting time (Felix Salmon) == eureka effect. Creative solution not through the problem but around the problem.
book  Start-Up  advice  Start-Up  lesson  David  Heinemeier  Hansson  Jason  Fried  HR  human  resources  meetings  Buffer  productivity  Slack  decision  making  business  management  4-day  work  week 
september 2015 by asterisk2a
Robert Greene: How to Master Anything and Achieve Greatness by Lewis Howes | Free Listening on SoundCloud
craft a career path that suits ur interest. what are u getting excited abt every day. helps with learning, deep learning! the more passion. the more knee deep u are in. increases ability to learn. // go through apprenticeship, and tour of duty. its skills skills skills. 3, 4, 5, 6, ... live in hyper competitive world (globalisation) // information has to become accumulated, stored, put into action again and again (retrieval). // social intelligence, EQ, forging your own path, // let your work speak for itself, for you. // social intelligence // 10000 hours // you become the product of your education (environment). // Napoleon // we life in a complex world, master your complex field, ideas come to you. philosophers stone. // its about problem solving. its not sexy and glamorous // entrepreneurship is about character, worth more than an ivy league degree // go where you learn most, start-up // u dont want people 2 love u, u have no control over it, it is not needed. its abt skills.
Robert  Greene  book  Start-up  of  You  Success  Failure  self-actualization  self-awareness  passion  long-term  view  differentiate  differentiation  capital  skills  skill-biased  technological  change  practical  skill  set  skills  gap  career  advice  career  ladder  competitiveness  competitive  Future  of  Work  Mobile  Creatives  mentoring  mentor  life  hacker  life  lesson  Problem  Solving  Personal  Brand  practical  skills  softskills  skills  discipline 
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!!!
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september 2015 by asterisk2a
Wellness in the workplace: how health initiatives can boost staff productivity | Guardian Small Business Network | The Guardian
Encouraging colleagues to exercise can help remedy strains and stresses – but there’s a fine line between wellbeing and piling on more pressure to achieve [...] “It offers the team opportunities to mix outside the workplace, so the engineering team gets to hang out with the care team, for example, and this contributes significantly to morale. I would definitely recommend other businesses consider a similar initiative.” [ investment in your company and people! ] [...] [its] about balance and tailoring activities to the interests of your staff. Provided you get this right, you can improve productivity levels and staff attitudes towards your business – in a 2013 survey by Mind, 60% of workers said they’d feel more motivated if their employer took action to support their mental wellbeing. [ gov should give tax incentive (partial write off) 4 health & well being programs! as it saves on sick days & NHS! ] &! bit.ly/1fDTyuf
productivity  well  being  chronic  stress  4-day  work  week  work  environment  workplace  happiness  index  sick  day  sick  population  health  care  budget  health  care  spending  western  lifestyle  western  diet  Standard  American  diet  pattern  diet  sedentary  lifestyle  Fitness  Start-Up  lesson  Start-Up  advice  mental  health  HR  human  resources  recruiting  recruitment  people  management  team  management  scaling  health  crisis  long-term  view  long-term  thinking  NHS  subsidies  subsidizing  financial  incentive  insurance  premium  incentive  UK 
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
Amazon's No Outlier: The Science Behind Broken Work Cultures | Fast Company | Business Innovation
via bit.ly/1LGvMtb // RESEARCH SHOWS THAT THE BETTER OUR REASONS FOR WORKING, THE BETTER WE WORK. AND IT ISN'T JUST AMAZON THAT SHOULD TAKE NOTE. // >> 4-day work week hustle and busting ass, 3 day weekend!? - via ycombinator commenter - I think that I did better work always having 3 day weekends, and opened up time for other activities like writing books and getting more exercise. - see descape.de/about/ - // work has meaning, u have identity, and get time to recover and explore else, not just identify yourself w work. // see teamtreehouse ryan carson. // http://thehustle.co/why-millennials-are-unhappy
4-day  work  week  descape  closetphile  Start-Up  advice  Start-Up  lesson  of  You  passion  vision  mission  social  entrepreneurship  identity  status  anxiety  sociology  Maslow  self-actualization  self-awareness  Amazon  corporate  culture  corporate  values  work  environment  environment  workplace  beyond  workplace  drama  chronic  stress  Millennials  generationy 
september 2015 by asterisk2a
What disruptive innovation means by The Economist
EVERY so often a management idea escapes from the pages of the Harvard Business Review and becomes part of the zeitgeist. In the 1990s it was “re-engineering”. Today it is “disruptive innovation” // innovators dilemma - blue ocean //
zeitgeist  disruption  disrupting  markets  innovation  disruptive  innovation  Silicon  Valley  book  Blue  Ocean  vertical  category  entrepreneurship  social  entrepreneurship  innovator  Start-Up  advice  Start-Up  lesson  conglomerate  technological  history  technological  progress  Wall  Street  corporation  industry  Fortune  500  change  accelerated  learning  accelerated  times 
august 2015 by asterisk2a
Ambition | The Best VC Blogs for SaaS Sales
If SaaS Products Sell Themselves, Why Do We Need Sales? - bit.ly/1iEDXFR - The true purpose of sales is to create new value for customers. Especially for a startup or growth company that’s addressing a new market or trying to solve a complex problem. That’s why enterprise/SaaS sales requires a well-developed process and guidelines. [ << blog, communication, evangelists, referral codes, feedback, content marketing, building a Tribe/1000 True Fans one by one >> ] Our job was to go out there and show customers a different but better way of doing business. // The Price Is Right: And for Early-Stage SaaS Companies, It Needs to Be. - bit.ly/1N55FgU - //Understanding Your Customer's Desired Outcome.
SAAS  Start-Up  lesson  Start-Up  advice  metrics  KPI  closetphile  sales  marketing  content  marketing  Tribe  1000  True  Fans  Purple  Cow  Seth  Godin  mission  vision  community  community  management  pricing 
august 2015 by asterisk2a
Modern Storytellers: Gary Vaynerchuk and Casey Neistat - YouTube
>> always on record. thus being consistent, you, authentic, key to sustainability. everyone is the PR agent for themselves. // bullshit detectors have become hyper-refined. // - have to open yourself up to it, as requirement, to be radically honest, vulnerable, see Brene Brown. // also, have to leave money on the table! << going for the marathon! not the sprint. not profit maximisation. go for legacy. willingness to say no, knowing when to say no because it would be short-term optimisation. // keeping values/guiding principles/mission/vision with growing team - is about success of your leadership team/exec team (Eventbrite gal talked about this in yc talk, surprised about internal champions/leaders). // [AD PRODUCT FOR CLOSETPHILE AND OH HI THERE WORLD!] attention graph/span: what brings value to ppl?! ads should bring, have to bring value! its not about reach/pageviews. its about attention. being part. creating value!!! also not add friction - ie pre-roll ad. normal ads steal time!
Gary  Vaynerchuk  Casey  Neistat  storytelling  Selbstdarstellung  status  anxiety  Social  Media  authenticity  authentic  Selbstfürsorge  Start-up  of  You  Branding  Personal  Brand  Brand  communication  community  management  attention  span  attention  oh  hi  there  world  closetphile  business  model  pageviews  value  creation  Core  Product  Proposition  intangible  value  Proposition  corporate  values  added  value  value  values  values  shared  economic  interest  lesson  advice  differentiate  differentiation  noise  pollution  noise  distraction  user  behaviour  lilwrld  advertisement  advertising  native  advertising  branded  content  content  marketing  advertorial  Programmatic  advertisement  targeting  advertisement  re-targeting  celebrity  culture  of  You  Vlog  Vlogging  shared  experience  shared  perspective  user  generated  content  actions  change 
august 2015 by asterisk2a
Jia Jiang, "Why Rejection is Awesome" | Talks at Google - YouTube
We will learn: - Master your own fear of rejection and how to make it your advantage - Customer Service: How to Turn Rejections Into Opportunities - You Can Say 'NO' and Make Me a Fan -- what my 100 crazy requests taught me about great customer service - Sales and Life: Why Rejection Is Your Best Friend
rejection  life  lesson  life  hacker  Failure  Start-up  of  You  advice  lesson  Fear  anxiety  status  anxiety 
august 2015 by asterisk2a
#TOA15: "Enabling Rapid Growth, a CFO’s Perspective" with Lee Kirkpatrick (Twilio) - YouTube
what got u to here, will kill u as u grow larger & larger (the usual (anecdotally) start-up chaos/shit-show will suck the life out of growth/co potential later on, need 2 build foundation/base/pillars/structure in form of CFO/COO/board/HR & some kind of processes 2 follow. so ppl dont have/will reinvent the wheel again. when? u probably will know it when u see it, but still can ask seasoned people who have been through it &/or ask 4 connections though ur VC. // keep being frugal, where possible. Amazon is still being know 2 be frugal. Door desks are still alive in Seattle Offices. No perks like Google/FB. Amazon made always losses, still makes losses via e-commerce unit. Had 2 be frugal otherwise it would actually been dead long ago. // Keep things in place that help/enable 2 grow! customer obsession (inventing in the name of the customer), response, service, keep adding value/value creation. // PLAY 2 WIN! FIGURE IT OUT as u go along around ur values!
Start-Up  advice  Start-Up  lesson  CFO  CEO  Founders  co-founders  scaling  bootstraped  bootstrapping  bootstrapped  Frugal  organizational  behavior  organizational  structure  corporate  values  corporate  culture 
august 2015 by asterisk2a
#TOA15 Interview with Amit Karp, Ciaran O’Leary, Felix Petersen and Robin Wauters - YouTube
Very connected, fluid, enabled by infrastructure & networking. &! youtu.be/JvQaHXGgeYQ // &! youtu.be/7s6C4OJ04Rc - #TOA15 Interview with Christoph Keese (Axel Springer) - Germany good at incrementalism. A to B. Industry not willing to disrupt itself, give away existing shrinking pie - for bigger pie. unwilling to break up and upwards (value add) existing products/processes/value chain (legacy) for better. << Axel Springer digital ventures (VC arm). &! #TOA15: ¨Are the Germans Unable to Disrupt?¨ with Christoph Keese (Axel Springer SE) - youtu.be/YyuJmAtZQis --- its about value creation, value add, redesigning of value, chains, product, data, ... big corps can't disrupt itself. especially not by committee. Legacy companies unlikely to survive because of pattern to stick to the conventional and fail, than fail with unconventional and look like a fool. (risk aversion, Failure in the public eye) -- book -- "Silicon Valley: Was aus dem mächtigsten Tal der Welt auf uns zukommt"
Berlin  Start-Up  Scene  ecosystem  Venture  Capital  Europe  Start-Up  Scene  London  Scene  Germany  Mittelstand  SME  SMB  incrementalism  incremental  disruption  creative  destruction  Blue  Ocean  innovator  innovation  competitive  competition  competitiveness  competitive  advantage  BMW  FinTech  autonomous  car  self-driving  cars  Exportweltmeister  Audi  Manufacturing  Industrial  Revolution  2.0  policy  STEM  Software  Is  Eating  The  World  Robotics  automation  Platform  Marketplace  Big  Data  book  added  value  value  creation  banking  Core  Product  Proposition  Proposition  intangible  value  cost  of  ownership  Industry  Tesla  Motors  Apple  Google  Inc.  Alphabet  Inc.  Silicon  Valley  Start-Up  advice  Start-Up  lesson  outsider  economic  history  Wall  Street  short-term  view  short-term  thinking  shareholder  value  profit  maximisation  commodity  business  commoditization  Failure  culture  stigma  3D  printing  Siemens  SAP  automotive 
august 2015 by asterisk2a
The Math Behind SaaS Startup Valuation | TechCrunch
One of the most critical metrics for software companies — but also one of the most difficult to measure — is the lifetime value of their customers (LTV). The lifetime value dictates how a company should spend its marketing and sales dollars. Unfortunately, many early stage startups struggle to measure LTV, because they haven’t been around very long and, consequently, haven’t seen a large number of customers through their lifespans with the product. // &! http://techcrunch.com/2015/08/29/the-saas-success-database/
SAAS  CAC  LTCV  business  model  subscription  model  customer  acquisition  user  acquisition  user  churn  customer  retention  metrics  KPI  Start-Up  lesson  Start-Up  advice  accounting  freemium  business  education  MBA  accelerated  learning 
august 2015 by asterisk2a
Hey, Advertisers. It's Serena Time! - Bloomberg View
In sports marketing, no one ever got fired for hiring a cute blond female athlete. It is the default choice. This can be, let’s just say it, racist. It’s definitely lookist. But it’s mainly conservative. In advertising, in television, in movies, the tendency is to look backward. Hiring only people who fit past models of success may often not work, but it comes with fewer consequences when it fails than trying something new does. To get all Keynesian about it, “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.” [ risking looking like a fool ... vs playing it safe. incrementalism a to b - vs - dreamer/imagination ---- Logic will get you from a to b. Imagination will take you anywhere. Albert Einstein. ---- first break all the rules (book) ---- thus take into account ppls background where they came from/come from. are they trying to play it safe? with their advise? ]
Start-Up  lesson  Start-Up  advice  of  You  risk  risk  taking  Gary  Vaynerchuk  career  ladder  career  advice  life  hacker  life  lesson  self-awareness  self-actualization  entrepreneurship  creative  destruction  disruption  innovator  innovation  Rebel  counter  culture  antithesis  Blue  Ocean 
august 2015 by asterisk2a
Alternatives Management: Vertrauen als Ressource für Unternehmen - SPIEGEL ONLINE
Oft werben diejenigen am meisten darum, die unter Vertrauensverlust leiden. Denn tatsachlich sinkt das Vertrauen in die Wirtschaft und das Misstrauen steigt. Das ist das Ergebnis nahezu aller Studien zum Thema Verbrauchervertrauen // &! bit.ly/1Vd5jYF - Twitter just made it more difficult to hold politicians accountable // Same with the Conservative Party deleting all their speeches and documents after they won majority in election and partnered up with libdems - bit.ly/1c7hHG6 &! bit.ly/1Epl5va // Auch Geld funktioniert nur dank Vertrauen [...] Der Systemtheoretiker Niklas Luhmann beschrieb Vertrauen daher auch als "Mechanismus zur Reduktion sozialer Komplexität". Ständiges Misstrauen dagegen mache unser Zusammenleben deutlich schwieriger, sagt Martin Schweer. [...] Schnell zeigte sich: Hatte der eine das Geschäft fair und zum gegenseitigen Vorteil abgewickelt, erhöhte der andere in der nächsten Runde seinen Einsatz. // &! bit.ly/1ILzkZU - Does honesty matter ...
bank  bailout  GFC  Career  Politicians  Congress  No  Representation  social  contract  transparency  accountability  crony  capitalism  capitalism  post-capitalism  Buffer  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  banking  crisis  trust  distrust  trustagent  Start-Up  advice  Start-Up  lesson  Conservative  Party  DWP  David  Cameron  George  Osborne  spin  doctor  PR  public  relations  neoliberalism  neoliberal  algorithm  Page  Rank  monopoly  monopsony  oligopoly  oligopol  Iain  Duncan  Smith  Open  Data  Open  Source  NSA  GCHQ  Secret  Courts  Surveillance-Industrial  Complex  surveillance  state  Orwellian  military–industrial  Pentagon  WMD  False  Flag  FISA  Court  FISAAA  public  record  public  interest  Misstrauen  Lügenpresse  Freedom  of  Information  Act  BND  Angela  Merkel  GroKo  Eurogroup  election  campaign  promises  Internet  Archive.org  Google  Cache  political  theory  governance  corporate  governance  fiat  currency  inequality  Gini  coefficient  fairness  Generationengerechtigkeit  Gerechtigkeit  Justice  System  Jim  Crow  voter  turnout  apathy  indifference  TOS  EULA  win-win  partnerships  cooperation  Google  Data  of  of  public  of  public 
august 2015 by asterisk2a
Survivors | Bothsides of the Table
Failure. To most people it smells. People are afraid of it. It’s like cancer or divorce. When you have it you find you who your true friends are because they’re the ones who double down on helping, on being available, on listening, on understanding. Most people run from failure or disease because they’re hard to handle. Hard to know how to deal with. Awkward. But I am attracted to those who have had severe set-backs in life because it tells you something about the mettle of the person with whom you’re dealing. It reminds me of a famous quote in one of my favorite novel’s “Damage” by Josephine Hart “Damaged people are dangerous. They know they can survive.” [...] closed up shop at the very first hurdle. I wouldn’t work with him again. [...] Honor is what I’m looking for. How you failed is significantly more important than if you failed. [play the long-game = relationships, trust, network [ character, live life 4 ur eulogy, not CV, not bank account - nyr.kr/1J5Y13X & bit.ly/1KrTfPT ]
Failure  entrepreneurship  Hustle  culture  Berlin  Start-Up  Scene  life  hacker  life  lesson  philosophy  adversity  pattern  matching  pattern  recognition  bias  confirmation  bias  Venture  Capital  selection  bias  perseverance  of  You  career  advice  career  ladder  courage  character  book  Start-Up  advice  Start-Up  lesson  entrepreneur  long-term  Networking  Gary  Vaynerchuk  ecosystem  community 
august 2015 by asterisk2a
What to Make of Amazon's Work Practices? | Bothsides of the Table
It’s best encapsulated in a famous Jeff Bezos quote, “You can work long, hard or smart, but at Amazon.com you can’t choose two out of three,” [...] Try working at Goldman Sachs, [...] You think it’s different at any of the top consulting firms? [...] You see organizations like these thrive on large pools of some of the country’s best and brightest graduates that trade off 2-5 years of work experience under extreme pressure in exchange for skills, experiences & relationships that will last a lifetime. [Accelerated Learning] [...] Think its a cake walk working @ any of the countries top law firms? [...] Should we do an article on what it’s like to be a medical resident? How abt working in the US military? Chief of Staff for a major political figure? What abt a top athlete in the NFL or NBA or even part of the coaching staff. Think they dont have work/life balance challenges in a field theyve chosen to work in? [#Top 100 of X vs avg white- or blue-collar worker ] [what u optimize for?]
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august 2015 by asterisk2a
Gurley on Global Selloff: Bloomberg West (Full Show 8/21) - YouTube
'averting catastrophic events' - hard things about hard things - book // when taking on growth round to grow aggressively company (buying customer growth)... you might actually take on risk. especially when the sentiment and the market turns and you burned it all and weren't so good at allocating the money and 'growing' you have to maybe raise a flat/downround ... ooopsies. Or even have to accept a debt round and massive lay-off to get to cash flow even/positive. And run a tight ship with the user base/business you've got. // re: post-price correction after speculative China bubble burst and massive China weakness and still existing/persistent deflationary pressures in western world. // &! bit.ly/1NTc3GM - Public markets affect venture funding. Full stop.
growth  round  IPO  Bill  Gurley  Venture  Capital  Private  Market  Unicorn  Decacorn  Mutual  Fund  Private  Equity  Hedge  Fund  2015  speculative  bubbles  speculative  speculation  hunt  for  yield  burn  rate  runway  sentiment  business  confidence  consumer  confidence  China  recovery  bubble  reflate  reflation  book  Ben  Horowitz  Marc  Andreessen  business  model  cash  flow  cash-is-king  Start-Up  lesson  financial  model  Start-Up  advice  valuation  Mark  Suster  Wall  Street 
august 2015 by asterisk2a
Tech Stocks Rebound: Bloomberg West (Full Show 8/25) - YouTube
15:53 - you can build sw companies everywhere else. cost of living out of control as well dampens quality of life and standard of living. // lower burn rate, more time, more runway to find traction (product market fit) beyond MVP,
London  Start-up  Scene  San  Francisco  Palo  Alto  Bay  Area  Mountain  View  Oakland  Seattle  Portland  New  York  Scene  Los  Angeles  Scene  cost  of  living  cost  of  entry  cost  of  ownership  standard  of  living  living  standard  living  environment  noise  pollution  air  pollution  city  living  quality  of  life  urbanisation  urban  planning  California  public  transportation  commuting  well  being  chronic  stress  Oxidative  stress  stress  happiness  index  affordable  housing  social  housing  speculative  bubbles  speculative  speculation  Redwood  San  Jose  bootstraped  bootstrapping  bootstrapped  burn  rate  runway  Venture  Capital  growth  round  war  for  talent  lesson  advice 
august 2015 by asterisk2a
Pando: A good problem to have: Andy Dunn and Phil Libin talk about the difficult decision to fire themselves
At the beginning of your company when you are always a couple of months away from going out of business and every crisis is an existential crisis, because all you’re trying to do is optimize for staying alive. That is the happiest and simplest time in your company… everything else is in the good problem to have category, which is like “Good news, you’re kind of successful that’s why you’re having it. Bad news is it’s more stressful than anything else before.” &! As a founder your instinct is to put something new in the world... you start a company because you are irreverent. You start a company because you want to create something out of nowhere, and the paradox is that if you are successful with that, and then a job evolves from an act of creativity and irreverence. Focus and execution and scaling become equally important as [creativity and irreverence]. You have to ask yourself am I a fit for what the job requires?
Start-Up  lesson  Start-Up  advice  MVP  Product/Market  Fit  Minimal  Viable  Product  scaling  Problem  Solving  accelerated  learning  Failure 
august 2015 by asterisk2a
How Segment Models Growth for Two-Sided Marketplaces
a marketplace is the hardest thing to pull off, especially consumer.
Marketplace  Start-Up  advice  distribution  model  discovery  Start-Up  lesson  consumer  product  C2C  B2C  B2B 
august 2015 by asterisk2a
Guidance For Startup CEOs In The Hot Seat by O'Reilly Radar | Free Listening on SoundCloud
Dan Shapiro, author of "Hot Seat: The Startup CEO Guidebook," discusses the importance of startup co-founders and why startups are hotbeds for imposter syndrome (and why that's OK).
book  Start-Up  advice  Start-Up  lesson  of  You 
august 2015 by asterisk2a
Why Billion-Dollar Valuations Don’t Matter | TechCrunch
I recently heard a story about one VC pushing a company to drive their burn up from $1 million a month to $2.5 million. Unfortunately, an inefficient sales force will always come back to bite you in the butt. We typically think of 60 percent as the benchmark for a healthy performing sales organization. Anything less and you don’t have a repeatable model. [ avc did write about that you need to find product/market fit, traction, self starter, great net promoting score, without spending marketing/advertising/pr ] [...] The goal of every entrepreneur and VC for that matter should be to build sustainable and scalable businesses. The only way to do that is to focus on the metrics that truly matter. The companies that nail many, if not all, of the above criteria will be the ones that make it to the finish line, and the balance will be wandering through the forest looking for someone to feed them.
Unicorn  SAAS  Slack  DropBox  Box  Venture  Capital  Silicon  Valley  growth  round  2015  KPI  metrics  accounting  user  churn  customer  retention  upselling  customer  acquisition  CAC  Decacorn  on-demand  convenience  Marketplace  business  model  user  acquisition  Product/Market  Fit  Share  Economy  middleman  scale  economies  of  scale  FOMO  hunt  for  yield  Start-Up  advice  Start-Up  lesson  burn  rate  runway  Homejoy  Net  Promoter  Score  consumer  product  business  product  B2C  B2B 
august 2015 by asterisk2a
How To Get 1 Million Subscribers - YouTube
meritocracy, democratic, egalitarian. anyone who has interest, can find it. u will have an audience, even it is just 1. either they like it, share it & come back. or they leave u alone. // Beme, remove the aspect of creation. the friction. the cognitive cost. the overhead. a process to follow. a tutorial or how to listicle to read. to Google or to ask. >> Product developers & investors should think about the cognitive cost of their products. The cognitive cost very often can be much higher than the financial cost. Products with a low cognitive cost are those where the technology fades away and dont require a consumers ongoing attention. bit.ly/1Nz0veO // "Don't make me think." << book, UI UX mantra. // Photo-filter-app vs photo-editing-app vs video-editing-ai-augmented-intelligence-app that have popped up. podcasting. EDM // what has lots of overhead & sometimes really disappointing user experience? Skype, Windows, FriendFeed, Twitter?(niche compared 2 FB). Q&A youtu.be/6xVdM0QJq6Y
Casey  Neistat  freedom  of  expression  expression  creative  destruction  Beme  Vlogging  vlog  YouTube  Vine  Instagram  Periscope  Twitch  justin.tv  Qik  writing  Video  mainstream  filter  bubble  editor  Reddit  4chan  storytelling  Music  Industry  Indie  Music  Hollywood  content  discovery  content  distribution  distribution  model  TV  Reality  TV  scripted-reality  television  painting  digital  economy  digital  content  marginal  cost  economics  of  abundance  critics  Artist  graphic  artists  digital  cognitive  cost  friction  frictionless  Product/Market  Fit  MVP  Start-Up  lesson  Start-Up  advice  consumer  product  UI  UX  user  engagement  user  generated  content  user  experience  user  churn  hook  customer  empowerment  customer  experience  customer  retention  customer  acquisition  Podcast  podcasting  Platform  content  creator  The  Wars  Snapchat  SMS  WhatsApp 
august 2015 by asterisk2a
#mediabuzz | Howard Kurtz | Fox News
Amazon a cyber-sweatshop? SARAH LACY praised the New York Times reporting on Amazon: "When you freak out the tech world, you're a powerful news organization." // "brutally efficient" 'white and blue collar jobs being exposed to the same treatment manual work and service sector jobs have been treated by competition and globalisation (flat and borderless world), for the last +30 years. "it's what you don't say and how it gets interpreted down the line." // Investigative Journalism! NYT (paper), a institution, a stalwart of investigative journalism, reporting, holding companies and people accountable, .... same along the line of bit.ly/1NRsG5N - One overlooked theme emerging from the Times’s Amazon story is the power of the paper itself. // this story underlines, is a data point in time, you can look back on. and say the world went this way such and such // competing on price is the easiest thing to do! the first thing in reach! its about the hard things that actually leverage/multiplier
Amazon  Apple  journalismus  investigative  journalism  journalism  NYT  NYTimes  New  York  Times  Blue-collar  Worker  White-collar  Worker  knowledge  economy  knowledge  Future  of  Work  Mobile  Creatives  Mobile  Creative  career  ladder  career  advice  well  being  environment  life  balance  Silicon  Valley  commodity  business  commoditization  Service  Sector  Jobs  working  poor  precarious  squeezed  middle  class  Sozialer  Abstieg  competitive  competitiveness  Workers  Union  Sarah  Lacy  Jeff  Bezos  corporate  culture  corporate  values  quantified  self  accountability  oversight  democracy  corporate  media  Seth  Godin  Purple  Cow  being  remarkable  Zero  Hour  Contract  Contractor  self-employment  marketplace  efficiencies  1099  Gig  freelancing  freelance  labour  market  manual  labour  Niedriglohnsektor  Precariat  Leiharbeit  lohndumping  Lohnzurückhaltung  Zeitarbeit  economic  history  trickle-down  economics  neoliberalism  neoliberal  job  market  job  creation  short-term  thinking 
august 2015 by asterisk2a
The Stress Special: The Results - Time for a Laugh - Disclosing Mental Health Histories by All inThe Mind
Disclosing your mental health history when you apply for a job // [ :: Equality Act 2010. employer can not ask in interview health related question. You are protected under act if you disclose after job offer. & offer workplace adjustments and support & advice to take notes/audio recording during interview, ask. // CRPD - bit.ly/1PvxTjY &! bit.ly/1KIxyqu UK ‘is first country to face UN inquiry into disability rights violations’ &! bit.ly/1usJo1y // &! bit.ly/1mwAY7b ] // &! bit.ly/1PvvXbb - Should you disclose if you have any mental health problems to your employer? Listeners give their opinion and Seaneen Molloy, author of the Secret Life of a Manic depressive talks about her experiences of going back to work.
mental  health  mental  illness  CV  Resume  career  ladder  career  advice  HR  human  resources  hiring  UK  discrimination 
august 2015 by asterisk2a
'Affordable' shared ownership flat in Hackney on the market for £1m | Money | The Guardian
>> Edinburgh is expensive too. Then comes Glasgow as option. But Manchester better because of start-ups already there and MediaCity UK-BBC and Northern Powerhouse initiatives.
London  Start-up  Scene  London  affordable  housing  cost  of  living  cost  of  entry  cost  of  ownership  barriers  to  entry  advice  lesson  UK  burn  rate  runway  Berlin  Scene 
august 2015 by asterisk2a
An Analysis Of Zirtual’s Reality And The Perils Of Debt | TechCrunch
[ SEC filings show it wanted to raise lots more money ] Think about the implications of this for a moment: we know the company wanted $2.75 million in June, and got most of it. But we also know that 35 days later, Zirtual had been looking for another $3 million, and only got $650,000. That is a meaningful shortfall, an 80% difference between the money they needed and the money they got. [...] In fact, you might have concluded they were in for some kind of serious financing and operational problem weeks in advance [ talked also in Jason's interview that they still have legacy customers who cost them too much but are sort of still keep on: book 'hard things about hard things'], when you connect the fairly clear dots between two attempts to raise capital within a month of each other, and which are increasingly unsuccessful. [...] We’re not talking about an equity financing here, we’re talking about debt. [...] debt is a harsh mistress, especially for a startup tech company.
Zirtual  burn  rate  runway  Venture  Capital  fundraising  operations  operation  convertible  note  debt  cash  flow  cash-is-king  Start-Up  lesson  Start-Up  advice  CEO  CFO  financial  literacy  accounting  accountability  execution 
august 2015 by asterisk2a
Amazon's Culture: Toxic or Just Tough? by The Jay & Farhad Show
Hello! This week, Farhad Manjoo (New York Times) and Jay Yarow (Business Insider) are joined by special guest Jodi Kantor (New York Times) to discuss her polarizing article about Amazon's culture. // // how technology functions in the workplace - efficiency, quantified self << the feedback tool you can always use, what ever your state of emotion, gripe, stick, bias, prejudice, ... feudal Darwinism creeps into knowledge worker, white-collar and blue-collar workers, MBA's and PhD's. [...] contributes to gender inequality (women with the back on their wall, leave or get started and forget about family & kids, life.) [...] brutal years are NOT Tour of Duty - Reid Hoffman The Alliance. // PS: Reed Hastings (Netflix) Culture document transpires that it is expected to contribute, even if it doesn't spell it out. Netflix also had to fight and overcome as much as Amazon! Proves again that internal & external environment a company finds itself affects its values & culture inevitable [Thesis].
Amazon  corporate  culture  corporate  values  HR  human  resources  ethical  machine  Silicon  Valley  quantified  self  marketplace  efficiencies  workplace  beyond  workplace  drama  work  environment  chronic  stress  Office  Politics  worklife  well  being  happiness  index  crony  capitalism  capitalism  profit  maximisation  shareholder  value  work  life  balance  performance  review  Jeff  Bezos  people  management  team  management  gender  inequality  book  Netflix  Reid  Hoffman  Reed  Hastings  linkedin  The  Alliance  Start-up  of  You  competitive  competition  competitiveness  Alibaba  Google  Facebook  China  Japan  culture  society  peer  pressure  sustainability  sustainable  lesson  advice  war  for  talent  benefits  perks  4-day  work  week  glass  ceiling  glass  cliff  diversity  human  capital  workforce  hiring  recruiting  recruitment  personal  values  Leadership  CEO  business  management  management 
august 2015 by asterisk2a
[ AMAZON's culture ] by USA TODAY Tech (podcast)
Amazon, Silicon Valley, Unicorns and Decacorns - go go go even for broke. making things happen. winning the category. // vs Google and Facebook are those that won sort of automatically and had not that much internal and external pressure growing up. had not to fight surviving dot.com crash. Facebook sort of became a self-runner despite of its many missteps. Amazon had to fight all the way, and still has to fight because now it faces antitrust on both sides of the Atlantic. That creates, inadvertently, a specific culture that has been cited by personal examples in the NYT piece.
Amazon  Silicon  Valley  Unicorn  Decacorn  corporate  culture  corporate  values  work  environment  environment  perks  benefits  beyond  workplace  drama  Office  Politics  career  ladder  career  advice  Leadership  CEO  Jeff  Bezos  Millennials  peer  pressure  people  management  business  management  team  management  HR  human  resources  hiring  burnout  chronic  stress  stress  work  life  balance  workplace 
august 2015 by asterisk2a
Darwinism At Your Doorstep: Why You Only Care About Amazon Now | TechCrunch
“You either fit here or you don’t,” and that in Seattle the company has a widespread reputation for its toughness. For now, you have a choice whether to work for Amazon. For now, you have options. Amazon is the vanguard of a very scary movement in the tech sector but we’re not all there yet (though some techbros on Twitter seem happy at the thought of Amazon culture catching on). [...] Why do we care suddenly about working conditions when it turns out that white-collar employees are the ones getting shafted? The workers at Amazon fulfillment centers have much less choice and much less power than the marketers and engineers in the Times piece. [...] We’re acting shocked and horrified that Amazon applies what it calls “purposeful Darwinism” to people with MBAs and PhDs, // [ trend, conditions known in service sector job and manual labour sector swapping over into the cushy world of blue-/white-collar worker ] Capitalism regresses toward feudalism.
Amazon  Silicon  Valley  corporate  culture  corporate  values  HR  human  resources  squeezed  middle  class  Sozialer  Abstieg  White-collar  Worker  Blue-collar  Worker  working  poor  precarious  work  class  warfare  USA  UK  competitive  competitiveness  competition  neoliberalism  neoliberal  perks  benefits  Europe  globalization  globalisation  borderless  Software  Is  Eating  The  World  automation  Robotics  flat  self-employment  freelance  freelancing  Zero  Hour  Contract  Contractor  Service  Sector  Jobs  manual  labour  job  market  labour  economics  labour  market  western  secular  stagnation  economic  history  differentiate  differentiation  Seth  Godin  career  ladder  career  advice  being  remarkable  Purple  Cow  Future  of  Mobile  Creatives  Mobile  Creative  destruction  capitalism  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Jeff  Bezos  monopsony  monopoly  deflationary  deflation  wage  stagnation  trickle-down  economics  Thomas  Piketty  book  Universal  Basic  Income  tax  code  Super  Rich  1%  inequality  inequality  Gini  coefficient  tax  capital  gains  tax  capital  gains  technological  progress  skill-biased  technological  change  technological  history  augmented  intelligence  living  standard  standard  of  living  cost  of  living  living  wage 
august 2015 by asterisk2a
Jeff Weiner on Twitter: "As companies grow larger, important to recognize differences between acting like a start-up & scaling intelligently. Not mutually exclusive"
As companies grow larger, important to recognize differences between acting like a start-up & scaling intelligently. Not mutually exclusive
Start-Up  advice  Start-Up  lesson 
august 2015 by asterisk2a
Reinvention As A Life Skill — BIF Speak — Medium
via bit.ly/1PszoiZ - Reinvention is a life skill, it's a life long journey we’re all embarked on whether we like it or not.
Start-up  of  You  life  hacker  life  lesson  Mobile  Creatives  Mobile  Creative  destruction  career  ladder  career  advice  Future  of  Work  philosophy  self-awareness  discovery  Alain  de  Botton  Psychology 
august 2015 by asterisk2a
Growth vs Retention – AVC
"Retention was clearly bad, and that’s what killed us" [...] [...] This all comes back to stepping on the gas before finding product market fit. You might think you have product market fit and so you scale up your hiring, your marketing, your sales, and your capital raising and spending. But if you can’t retain a healthy percentage of your users past ninety days, you don’t have product market fit yet and all the investment you make in your business is just money down the drain. So focus first on your 90 day retention numbers and make sure to nail them and prove you have product market fit. Then scale. // find natural/organic marketing - advertising - instead of building a non-product related cost center like sales, marketing, and advertising. short-cuts like these don't fix the product per se.
user  churn  customer  acquisition  Product/Market  Fit  MVP  user  acquisition  business  strategy  product  strategy  strategy  Start-Up  lesson  Start-Up  advice  burn  rate  runway  Homejoy  distribution  model  discovery  content  distribution  content  discovery  Net  Promoter  Score  word  of  mouth  Tribe  1000  True  Fans  UI  UX  user  experience  user  engagement  customer  experience  customer  retention  customer  service  SAAS  marketing  growth  round  cost  center  short-term  view  short-term  thinking  feedback 
august 2015 by asterisk2a
The investors who will invest ask you why they shouldn’t. – AVC
I could tell within 5 minutes of meeting an investor whether they would invest. Investors who invested were excited about eShares before we met. They either saw the vision and liked it. [...] Excited investors (and the ones who invested) were different. They didn’t let me pitch. Instead, they asked questions to assess risk. They tried to find reasons not to invest. That is the pitch-paradox. The investors who won’tinvest will ask you why they should . The investors who will invest ask you why they shouldn’t. [ check you if you know your business/product/vertical/category inside out and intellectual honesty ] Your job is to make sure you don’t have reasons that they shouldn’t. Fundraising is simple: find investors that get excited about your company. It is a filtering exercise. Too many founders believe they have the wrong pitch instead of realizing they have the wrong audience. // [ from comments: The good VCs know what they want to invest in, and when they see you, they know it ... ]
Venture  Capital  Angel  Investor  Seed  Round  Party  Round  Pitch  deck  pitching  Risk  Start-Up  lesson  Start-Up  advice 
august 2015 by asterisk2a
How World of Warcraft Could Save Your Business and The Economy - YouTube
https://twitter.com/jhagel/status/634747935356551168 - Hagel is/was Deloitt CEO? // working in a self-organising group, << big corporation. multi-product company. // Start-up of You - invent your own dashboard for you. OKR & continual learning, exploration, execution, challenging yourself. getting up again after failure and learning/analysing it and trying again. &! passion, curiosity, interest driven. // https://twitter.com/jhagel/status/634747935356551168
MBA  hiring  human  resources  HR  EQ  IQ  softskills  practical  skills  skill-biased  technological  change  Problem  Solving  practical  skill  set  Start-Up  advice  of  You  Start-Up  lesson  TQ  corporate  values  corporate  culture  meritocracy  meritocratic  Office  Politics  OKR  Failure  continual  education  education  policy 
august 2015 by asterisk2a
The office after Amazon: is the workplace becoming a jungle? | Technology | The Guardian
Certain companies operating in certain fields with certain competition, can and inadvertently develop certain cultures. That some describe as ruthless competitive externally and internally. You could even say that Reed Hastings culture document transpires that this is a workplace where it is expected of you, to contribute and solve problems for our customers (competitive and toppling the established players). PayPal too. And Jeff talks about being obsessive about the customer and inventing in the name of the customer (build a monopsony/monopoly). Gates made MSFT internally competitive (build a monopoly), working long hours, and as they were externally. Very different to FB and Google and their business & product position. // The recent claims about Amazon’s aggressive corporate culture were a cause of consternation to many – but plenty of others couldn't see what the problem was. So is a gentler, more relaxed office culture any better for employees? And is it even what they want?
Silicon  Valley  Seattle  Amazon  Jeff  Bezos  corporate  culture  corporate  values  Microsoft  Netflix  Start-Up  lesson  Start-Up  advice  Google  Facebook  Nature  nurture  work  environment  environment  workplace  beyond  workplace  drama  capitalism  competitiveness  competitive  stress  chronic  stress  HR  human  resources  Leadership  people  management  team  management  Paypal 
august 2015 by asterisk2a
Spotify says sorry after privacy policy anger - BBC News
The new terms included access to pictures, contact phone numbers and sensor data stored on the user's smartphone. Mr Ek apologised in a blogpost for the "confusion" the changes had created. He promised an "update" to the new policy in order to clarify it but did not suggest that the terms themselves would be changed. "We should have done a better job in communicating what these policies mean and how any information you choose to share will - and will not - be used," Mr Ek wrote. He said Spotify would not access or import people's photos, contacts, sensor or GPS data without their permission. [ but you agree that they can, by accepting the TOS. what they should have included was clear why. even if it would reveal future products and product features/changes ] // &! bit.ly/1TXXhFN // &! on.recode.net/1NDtOMh // &! bit.ly/1K9Wxr1 - its about collecting data, and selling this data, and showing you more targeted ads based on this data. Joining the ranks of everyone else.
Spotify  TOS  Privacy  Internet  Privacy  community  communication  trust  trustagent  EULA  Microsoft  Start-Up  advice  Start-Up  lesson  Big  Data  perma-cookie  cookies  advertisement  targeting  advertisement  re-targeting  subscription  model  freemium  business  model  pageviews  user  metadata  Meta  Data 
august 2015 by asterisk2a
How Microsoft Attacked the Beast who created Netscape, Mozilla Firefox & invested Skype - YouTube
Browser Wars back then. Smartphone wars are settles. iOS and Android. Everyone else is just niche or trying to be principles. // Start-up lesson/advice: When the big player can give out your "product" for free. They would. Don't play on other peoples turf and productise a feature ... for them. Sure they can't be everything to everyone and you can serve a niche, you are going to have to play by their rules their TOS. This thing where bright minds (educated) with small ideas (because they are easy) get burned over and over and over again. Human nature like irrational exuberance, hysterias and depressions. If you are dependable on a platform, on one kind of distribution model that is owned by another corporate (profit motive) and you are disruptive, pain in the ass, easily copyable,u are attackable on too many vectors. lots of risk. There was Microsoft. There was Facebook and Twitter. There was e-mail (gmail tab filters now & spam). // SWAT analysis vs high level situational awareness
Netscape  Marc  Andreessen  Microsoft  Bill  Gates  Silicon  Valley  Browser  Wars  TOS  Platform  EULA  iOS  Android  Apple  App  Store  App  Store  Google  Play  business  strategy  distribution  model  Twitter  Facebook  Zynga  Apple  competitiveness  Start-Up  advice  Start-Up  lesson  business  model  business  plan  product  strategy  Amazon  Kindle  monopoly  monopsony  oligopol  Music  Industry  duopoly  Google  Google  Search  Google  Shopping  SWAT  analysis 
august 2015 by asterisk2a
LinkedIn Founder Revealed - Member of the Paypal Mafia, He's an Entrepreneur & Venture Capitalist - YouTube
// fail fast to move on to the next thing to try out, put your craftsmanship towards. // launch MVP, can be, should be embarrassing, then iterate. if it isn't embarrassing. you launched too late and developed too much inside your own bubble and ideas about what it could be ... and scratching only product/market fit and core product value prop and value creation. because you don't have the feedback from users and numbers. // see Guy Kawasaki expanding it to - 1:07:30 "MVVVP" Minimal Viable Valuable Validating Product. Viable (sustainable) (valuable, does the world need another fashion blog?) (what does it validate about your vision) - youtu.be/eF3ETXzVm-g
Reid  Hoffman  linkedin  Lean  Start-Up  Start-Up  lesson  Start-Up  advice  of  You  PayPal  Peter  Thiel  iteration  MVP  Minimal  Viable  Product 
august 2015 by asterisk2a
Death of Popular Facebook Game FarmVille creator Zynga loses $400million Dollars in market cap. - YouTube
min 6 - [the why] // it isn't just about being a product guy, entrepreneur. you have to be a strong CEO and Leader. And you have to be a person people want to follow.
Zynga  marcpincus  Mark  Pincus  Leadership  vision  mission  impact  scaling  Start-Up  lesson  Start-Up  advice 
august 2015 by asterisk2a
Ann Summers boss on overcoming arrests, threats and shyness | Guardian Small Business Network | The Guardian
Is there anything you would have done differently? I would have networked my socks off when I was first starting out. I think the problem for women is that we’re so focused on what we want that we don’t have time for flashy lunches and golf days. Men do it so well – they network and build amazing contacts. I think, certainly in my case, I didn’t recognise the value of it at the time because, when I was younger, I was focused on building the business. I came to it quite late – but it’s at the beginning that you need it.
Female  Founders  Networking  Start-Up  lesson  Start-Up  advice 
august 2015 by asterisk2a
A Dozen Things I’ve Learned From Chris Sacca About Venture Capital | 25iq
“Good investors are in the service business.” “There are angels who have 75 companies and don’t call any of them ever.” [...] “Any VC will tell you where they really make their money is on following on, it’s on doubling down into the winners. The things that are growing geometrically in terms of users, revenue that kind of stuff.” [...] “I do try to focus a lot on the entrepreneur as a person, I think that has fallen out of the equation recently…. look for driven people.” [ execution, passion, vision, mission, alignment ] [...] “Companies don’t succeed, when there’s a lot of chiefs and no Indians.” [...] “Create value before you ask for value back.” [...] “It’s people with these broader life experiences who have balanced relationships who come up with the cool shit.”
Venture  Capital  a16z  First  Round  Capital  s23p  Chamath  Palihapitiya  Marc  Andreessen  Ben  Horowitz  500  Start-ups  ycombinator  Start-Up  advice  Start-Up  lesson  Networking 
august 2015 by asterisk2a
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