asterisk2a + economies   55

'Northern powerhouse' depends on productivity not rail links: thinktank | Business | The Guardian
In this post-referendum vacuum, Carney alone can't save the UK economy - Getting productivity going again will require more investment in innovation and our universities. It means more help for businesses that want to update their production lines, overhaul their IT systems or retrain their staff. Productivity will only improve if the UK addresses its skills shortages with sensible immigration policies and with better training. In an age of economic insecurity, training is key if the march of the robots is not to further exacerbate inequality. Similarly, the UK must get serious about moving to an apprenticeship system that has parity of esteem. - http://bit.ly/29cCmtq
Northern  Powerhouse  Brexit  apprenticeship  apprenticeships  UK  recovery  productivity  productivity  gap  output  gap  economic  history  Manufacturing  household  debt  consumer  debt  student  debt  City  of  London  George  Osborne  Policy  underinvestment  STEM  skills  gap  skills  economy  skills  shortage  structural  unemployment  long-term  unemployment  working  poor  Service  Sector  Jobs  Precariat  Gini  coefficient  inequality  poverty  child  poverty  austerity  infrastructure  investment  London  economies  of  agglomeration  competitiveness  comparative  advantage  competition  competitive  competitive  advantage  global  economy  globalisation  globalization  DWP  Iain  Duncan  Smith  GFC  Steel  Crisis  Steel  Industry  energy  price  University  Germany  education  education  bubble  AI  automation  Robotics  Robots  autonomous  car  self-driving  cars  autonomous  cars  augmented  intelligence 
july 2016 by asterisk2a
What do people in Cornwall think about Brexit? - BBC Newsnight
farmers would go bankrupt if they would not have agricultural subsidies from Brussels. and since 2000, (2000-2014) 888m has been put into Cornwall (regeneration). and a further 400m is planned to be put in more till 2020 (2014-2020).
Brexit  UK  deprivation  tourism  poverty  poverty  trap  globalisation  globalization  Deindustrialization  deindustrialisation  redistribution  City  of  London  economies  of  agglomeration  economies  of  scale 
april 2016 by asterisk2a
The other generation rent: meet the people flatsharing in their 40s | Money | The Guardian
Number of flatsharers aged 45-54 has risen by 300% in five years, figures show, amid soaring house prices, especially in London [...] Photographer Alex Forsey, 44, is typical of the new generation of flatsharers in their 40s. He recently moved into a house in Clapton, east London, with three other people in their 20s to 40s. He said: “The most affordable one-bed flat I was shown was £1,200 a month, and it was worse than a squat. The agent tried telling me it was a bargain.” //&! ability to get interest only loan is unbelievable.
generation  rent  London  property  bubble  Supply  and  Demand  Demand  and  Supply  UK  distortion  ZIRP  NIRP  QE  asset  allocation  asset  bubble  alternative  investment  Buy  to  Help  to  Buy  Scheme  Funding  for  Lending  Scheme  excess  reserves  mortgage  market  2015  macroprudential  policy  macroeconomic  policy  microeconomic  policy  BOE  NPL  subprime  cost  of  living  cost  of  entry  living  standard  living  spaces  standard  of  living  air  pollution  noise  pollution  city  living  urbanisation  economies  of  agglomeration 
september 2015 by asterisk2a
Zumper: One-Third Of San Francisco’s Rent Is Attributable To VC Funding | TechCrunch
[capital efficiency?] // the other 1/4th is bidding up via credit bubble riches, diversification. other 2/4ths from planning restriction and natural biz cycle of sv //&! http://www.thebolditalic.com/articles/7266-an-open-letter-to-anyone-moving-to-san-francisco-for-a-tech-job - For context, people are right to be angry; shit is certainly fucked up. Since 2010, rents have risen by 40%, and eviction rates have risen by 38%—two rapid changes that have had very visual consequences all across the city. Much of SoMa, for instance, looks like an elephant graveyard. Sidewalks look like the surface of the moon; alleys are littered with broken glass; and streets are strewn with sleeping persons and human shit. All of this can be observed from in the shade of the brand-new office buildings and luxury condos that now line the streets everywhere east of 4th Street. [...] those who move to San Francisco and don’t engage with the community dilute and adulterate San Francisco’s sense of character.
San  Francisco  Venture  Capital  cost  of  living  cost  of  entry  standard  of  living  city  living  burn  rate  New  York  Start-Up  Scene  London  Scene  runway  Networking  Network  economies  of  agglomeration  ecosystem  community  gentrification  Gentrified  speculative  bubbles  property  bubble  credit  bubble  BRIC  QE  ZIRP  hunt  for  yield  FOMO  NIRP  centralbanks  asset  allocation  alternative  investment  allocation 
september 2015 by asterisk2a
The Appeal of Membership by Innovation Hub | Free Listening on SoundCloud
Are media giants like Netflix, Amazon, and Spotify the vanguards of a new economy? Authors Robbie Kellman Baxter and John Warrillow explain the rise of the subscription model. // advertising only cuts it at scale, and then you actually sell your users data/privacy to target them and you go down the rabbit hole to improve the ad product to get better rates thus the user is the product you sell to the advertiser - in the first place, not the product itself that is free to use, for the consumer.
subscription  model  business  model  advertising  Principle  consumer  product  Facebook  freemium  pageviews  scale  economies  of  scale  economics  of  abundance  marginal  cost  digital  economy 
august 2015 by asterisk2a
BBC TV chief warns of US threat after big-money Amazon deals | Media | The Guardian
>> iPlayer needs to become an international subscription business. and leverage the BBC brand (sought after and trusted, it's the last public crown jewl that actually can compete in a global market! Channel 4 or ITV can't. ) // “Their model is built on having global rights and we have got to respect that. They are a very smart, impressive bunch of people,” Cohen said. “The key thing we look at more and more is the impact of global competition rather than just in the UK where very big companies can distribute their content around the world. That is a very big challenge.”
distribution  model  BBC  British  Broadcasting  Company  Netflix  HBO  cable  provider  Amazon  Amazon  Prime  on-demand  convenience  friction  frictionless  user  experience  economies  of  scale  scale  globalization  globalisation  digital  economy  digital  content  Television  TV  The  Wars  content  discovery  content  distribution  user  generated  content  competition  competitiveness  IP  intellectual  property  differentiate  differentiation  Branding  brand  awareness 
august 2015 by asterisk2a
People are underestimating Snapchat just like they underestimated Facebook - Vox
In fact, almost every one of today's big internet companies — Yahoo, Google, Facebook, and Twitter — faced similar skepticism in their early years. Back in 2007, Kara Swisher (who now runs Re/code which, like Vox.com, is part of Vox Media) expressed astonishment that Facebook could be worth $15 billion. A year before that, a Slate headline read "$1 Billion for Facebook? LOL!" (Facebook is now worth $260 billion.) [....] A company's early ad revenue just doesn't tell us anything interesting about its long-term earnings potential. It takes a while for a company to hire a sales team, settle on an effective advertising format, and build awareness among potential customers. [...] But while it might take time for Snapchat to build a successful advertising program, there's little doubt that it will be able to. Every day, 100 million people open up the Snapchat app. As long as that's true, advertisers are going to be willing to pay top dollar to reach them.
Snapchat  Facebook  Mark  Zuckerberg  Evan  Spiegel  Social  Media  Google  Twitter  context  business  model  economies  of  scale  scale  pageviews  advertisement  targeting  advertisement  re-targeting  advertisement  Google  Search  Google  Inc.  Yahoo!  Yahoo  Y!  monopoly  differentiate  differentiation  utility  mobile  homescreen  daily  habit 
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
Unions protest as rail fares rise three times faster than wages over five years | Money | The Guardian
The FT takes the same grim line, pointing out that season tickets and other regulated fares have risen by 25% in real terms since 2010 while average pay rose 8.7%. The Daily Express grumbles: "In return travellers continue to battle with trains that are frequently delayed and hugely overcrowded. All the while rail bosses pick up huge pay packets and some petulant unions misuse their ability to cause chaos." /// &! bbc.in/1E1VSqd &! Rail fares: Minister Patrick McLoughlin defends rises - bbc.in/1BbUkWs // &! bbc.in/1CpMwym - Election 2015: Conservatives in rail fare inflation pledge // &! To Rise 1% in Jan 2016 - bbc.in/1E1VSqd
UK  public  transportation  transportation  infrastructure  infrastructure  investment  commuting  competitive  competitiveness  London  Manchester  economies  of  agglomeration  Conservative  Party  Tories  industrial  policy  competitive  advantage  stress  chronic  stress  productivity  output  gap  recovery  austerity  short-term  thinking  short-term  view  election  campaign  promises  general  election  2015  David  Cameron  George  Osborne  policy  error  policy  folly  fiscal  stimulus  fiscal  policy  Career  Politicians  Generationengerechtigkeit  fairness  No  Representation  housing  market  affordable  housing  social  housing  generation  rent  babyboomers  inequality  Gini  coefficient  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  income  tax  tax  free  income 
august 2015 by asterisk2a
Why we Polish are downing tools to get the recognition we deserve | John Zylinski | Comment is free | The Guardian
[ Tories and Co pit them, us all, against each other ]
immigrants  immigration  scape  goat  smoke  mirror  David  Cameron  UKIP  Nigel  Farage  George  Osborne  DWP  Iain  Duncan  Smith  austerity  UK  Service  Sector  Jobs  job  market  job  creation  Sozialer  Abstieg  squeezed  middle  class  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  labour  market  Workers  Union  Zeitarbeit  Leiharbeit  economic  history  industrial  policy  STEM  Manufacturing  manufactured  consent  propaganda  populism  Career  Politicians  No  Representation  short-term  thinking  short-term  view  national  interest  Xenophobia  racism  Tories  Conservative  Party  policy  folly  policy  error  Makers  social  contract  social  cohesion  social  tension  welfare  state  neoliberalism  neoliberal  babyboomers  Generationengerechtigkeit  skills  gap  skill-biased  technological  change  globalisation  globalization  borderless  flat  world  competitive  competitiveness  competition  London  economies  of  agglomeration  Westminster  SNP  Scotland  Wales  Northern  Ireland  progressive  coldprogression  kalte  Progression  financial  repression  bank  bailout  bailout  zombie  banks  GFC  recovery  political  theory  precarious  work  social  policy  Party  workin 
august 2015 by asterisk2a
Northerners ‘£2,300 worse off’ than rest of UK
“These figures show the Northern Powerhouse has a long way to go before people in the North feel the benefit of a stronger regional economy,” said Luke Raikes, research fellow at IPPR North. He added that the region would be unable to escape historic under performance of its economy without a “step change in policy.” [...] “The North should pursue growth and prosperity built on higher wages, more jobs and stronger productivity – not simply try to catch up to London and the South East, where the type of economic growth they’ve experienced has created high levels of inequality and left many behind. “The Northern Powerhouse will be meaningless for the people who live and work in the North unless the economic growth it generates reaches their pockets.”
Manchester  Nothern  Powerhouse  UK  disposable  income  discretionary  spending  industrial  policy  ecosystem  economies  of  agglomeration  urbanisation  urban  planning  Westminster  London  London  Start-up  Scene 
august 2015 by asterisk2a
Homejoy Is Shutting Down At The End Of The Month | TechCrunch
tcrn.ch/1CO0OOU / 7:10 $VC subsidized early business. Could not get 2 cash flow even. Lets not speak of cash flow positive. // If u dont have a cash flow even/positive business, u are dependent on $VC 2 keeping it afloat. If u dont have massive growth, VCs like 2 see & not hitting ur milestones & ur still not able 2 turn the business arnd towards cash flow even. Ur dead in the pan. AND 4 digital only consumer & entertainment products, scale is important +10m users. Because then only advertisers might ... might consider placing an add/natively if the conversion & engagement metrics are attractive. Advertisers & brands cant spread resources thin across 1000 apps. Its overhead & waste in ops. That is why BIG like TV (still), Daily Paper/Magazine (still) and FB (owning +70% of Social) are the MAIN HUBS. >> THUS [Freemium] the Free On Phone Version 4 closetphile (wont cost u much except dev) & the Customer paying 4 Cloud Convenience,Security, more features (ie analytics). &! bit.ly/1CSygUA
Start-Up  lesson  Start-Up  advice  on-demand  convenience  scale  economies  of  scale  Venture  Capital  burn  rate  runway  business  model  closetphile  wardrobemalfunction  freemium  Homejoy  added  value  value  creation  Perception  Silicon  Valley  Unicorn  speculative  bubbles  speculative  speculation  Appification  mobile  homescreen  mobile  first  mobile  phone  irrational  exuberance  Rocket  Internet  Uber  Lyft  customer  acquisition  customer  acquisition  cost  customer  retention  customer  lifetime  value  SAAS  Postmates  Service  Sector  Jobs  1099  Economy  uncertainty  self-employment  Niedriglohnsektor  Niedriglohn  marketplace  efficiencies  marketplace  commodity  business  commoditization  price  sensitive  price  insensitive  price  sensitivity  behavioral  economics  behavioral  finance  status  symbol  status  anxiety  socioeconomic  status  social  status  craigslist  sustainable  sustainability  metrics  KPI  Circa  Share  Economy  marketshare  unit  economics 
july 2015 by asterisk2a
bethanye Blount Velocity NY 2014 Keynote: "Build a Better Unicorn..." - YouTube
>> lot has already been blogged about how hiring for STEM is somewhat broken - http://techcrunch.com/search/hiring#stq=hiring&stp=1 // because of existing stakeholder look and talk the same and have the same education background. living in their own created bubble. prejudice against everything that is not them. --- thats what I read into the satus quo description. // &! &! OSCON 2013: Laura Weidman Powers, "Diversity in the Innovation Economy" - youtu.be/7HWKXUNrL8g &! youtu.be/oAzW1EmpxLA
Software  Development  HR  human  resources  Leadership  management  people  management  Start-Up  lesson  Start-Up  advice  scaling  economies  of  scale  hiring  hiring  process  pattern  matching  pattern  recognition  gender  bias  selection  bias  confirmation  bias  bias  Privileged  privilege  male  privilege  Silicon  Valley  diversity  Women  in  Tech  STEM  gender-based  discrimination  gender  politics  gender  policing  gender  inequality  straight  white  male  white  male  privilege  ethnic  minority  minority  black  minority  asshole  culture  brogrammer  corporate  culture  jock  culture  Campus 
july 2015 by asterisk2a
One Year In, CUPS Is Serving Coffee Through 170 NYC Shops - TCTV News | TechCrunch TV
[OpenTable ( https://www.crunchbase.com/organization/opentable ) for Coffee ] Vertical Niche Google !!! on your phone, and will try to unite Indie coffee shops and give them economies of scale, leverage, to buy resources ie milk // can also help facilitate loyalty programs across different stores via subscription // http://techcrunch.com/2015/07/09/sweet-sweet-caffeine/ - https://www.crunchbase.com/organization/cups
marketplace  efficiencies  marketplace  Starbucks  economies  of  scale  mobile  phone  mobile  homescreen  user  behaviour  friction  frictionless  Appification  Software  Is  Eating  The  World  Indie  Movement  Hype  Cycle  individuality  individualism  Selbstdarstellung  status  anxiety  Coffee  OpenTable  Yelp!  convenience  on-demand  Google  Search 
july 2015 by asterisk2a
The frustrating, no-win "Goldilocks Zone" of seed deals
Don’t do party rounds. Raise as much as you possibly can so you don’t get crunched. Don’t raise money from just seed funds. Don’t raise money from just big name VCs unless you know you’ll breakthrough, and then absolutely do. And actually you never know that, so nevermind. Oh, and good luck rationalizing all of this advice, first timers. [...] TL;DR version: Large VC firms may do lots of seed deals but each partner will only do one to two Series A deals a year. So basic math tells you it’s a game of survivor. Most of the seed deals will not get a Series A from that firm. The concern is if you don’t quite make the cut, is the signal so bad to other VCs that you are worse off than if you never raised that, say, $200k from a big name VC to begin with? [ not every product consumer or b2b will not be a 500m/1bn dollar company, thus it's not worth it to raise risk capital and just grind it out!? at a sustainable pace, putting back in what you earned. ] &! bit.ly/1HjO13v
Seed  Round  Party  Round  Start-Up  lesson  Start-Up  advice  Angel  Investor  Micro  VC  Venture  Capital  Series  A  seedround  seedfunding  traction  business  model  Silicon  Valley  economies  of  scale  pageviews  Unicorn  valuation  speculative  bubbles  speculative  speculation 
july 2015 by asterisk2a
The Backyard Effect: Finding The Secret Sauce For Growing An Entrepreneurial Ecosystem | TechCrunch
It may take some time to uncover, but every region has a secret sauce. I call it the Backyard Effect. It’s when a region embraces and connects its unique assets to foster startup success. // [ Berlin; natural growth better with some hands-off subsidies? Instead of heavy state subsidies that raise all, even the losers and not so good ... noise in the system. also reform in Germany; bankruptcy law/insolvency law and formation of start-ups (choice of business entity form - see US Delaware C corp - without the incentive and loopholes to avoid taxes) ]
economies  of  scale  economies  of  agglomeration  microeconomies  microeconomic  policy  Berlin  Start-Up  Scene  Silicon  Valley  Silicon  Alley  New  York  Start-Up  Scene  ecosystem  meritocracy  meritocratic 
june 2015 by asterisk2a
Working hard or hardly working: Why everyone may be their own mini business in the future | PandoDaily
// He goes on to describe a world where anyone remotely comfortable with information technology has a 10x advantage over every one else. He went further, arguing we’ll see more and more $1 billion-plus companies built by four or five people. That’s something the venture world certainly doesn’t believe– nor do entrepreneurs as evidenced by current escalating burn rates. // https://www.youtube.com/watch?v=rIXx617xVMo
economies  of  scale  economies  of  agglomeration  Industrial  Revolution  2.0  Start-up  self-employment  contractor  contract  Zero  Hour  Future  of  Work  Mobile  Creatives  Mobile  Creative  microVC  microEntrepreneur  labour  market  labour  economics  knowledge  worker  knowledge  economy  productivity  Share  1099  urbanisation  urban  planning  long-tail  Silicon  Valley  ecosystem  Apple  App  Store  Google  Play  Newsfeed 
may 2015 by asterisk2a
The Apple Watch's Insanely Great Economics | WIRED
How many billions has it cost in R&D to develop all the gobsmacking manufacturing techniques, all the software tricks and all the battery tech inside? The reason it costs so much less than a [high-end competitor] isn’t because it’s less well made. It’s because 700 million people have helped amortize Apple’s investment in it. Apple now seems hell bent on finding new ways to flex that muscle. [it started w the iPod, then iPhone, and on and on. extreme iteration on +3 components of product ie MacBook (March 2015); battery, fan less, 2 ports only, touchpad click imitation, keypad, low power retina. possible by owning the whole chain from start to finish, purpose build german cnc mills in china, whole manufacturing complexes build only to build Apple products. and thinking about the user experience and working backwards to the technology, not thinking about newest technology to add and making a gimmick out of it. being radical. "this is better 4u, no discussion.] &! on.mash.to/1B9iywv
Apple  iPhone  iPod  Apple  Watch  MacBook  manufacturing  scale  economies  of  scale  iteration  focus  user  experience 
march 2015 by asterisk2a
Anybody who can't make money off iPads or TUAW should get out of the money-making business | iMore
But just because AOL can't make money off a niche blog, that doesn't mean the niche blog is dead: It just needs to evolve. We might be looking at a future where niche blogs stay far away from multi-million dollar corporations, and find different forms of money-making apart from blanket advertising. Ben Thompson wrote a fantastic piece this morning on blogging's bright future that follows those lines: No, it's not scale that is the problem, but rather reach. I am, of course, acutely aware that there is a tradeoff when it comes to the subscription business model: by making something scarce, and worth paying for, you are by definition limiting your number of readers. Stratechery, though, serves a niche, and niches are best served by making more from customers who really care than from milking pennies from everyone.
bloggers  Blogger  Blogging  The  Content  Wars  Signal  vs.  Noise  filter  bubble  niche  Content  audience  1000  True  Fans  business  model  business  plan  economies  of  scale  scale  AOL  Yahoo!  interactive  paid  freemium  digital  long-tail  Gary  Vaynerchuk  creator  curation  distribution  discovery  native  branded  native  advertising  advertisement  advertising  marketing  micro 
february 2015 by asterisk2a
My Advice To Young People - The Awl
(( via http://pando.com/2015/02/12/how-silicon-valleys-counterculture-went-corporate-and-ruined-everything/ )) >> "And the new language that is so much about the money is attracting a certain different kind of personality types.” We’re seeing the same thing play out now in blogging — or to use its unfortunate modern moniker, “Internet content creation” — which has suddenly become massively lucrative. This week, the Awl’s Alex Balk, one of the earliest adopters of Writing Stuff On The Internet, immortalized this evolutionary cycle in a post called “My Advice To Young People.” He recommends that youngsters find a field (like blogging in the early 21st century) that nobody respects or cares about — that way, you can invent the rules and rituals to your liking. Just don’t be surprised when the same people who ridiculed you a decade earlier come in and ruin everything you helped build because they finally figured out how to make money off it."
Start-Up  lesson  Start-Up  advice  career  advice  bloggers  Blogger  Blogging  content  creator  digital  artist  business  plan  business  model  economies  of  scale  scale  unemployable  Balks  Law 
february 2015 by asterisk2a
Sure Stripe has more cash, but does it have a path to exit? | PandoDaily
The problem with raising capital at nosebleed valuations is that the number of scenarios under which a positive outcome is possible becomes greatly diminished. By raising at $3.5 billion, Stripe, [... and Investors ...] — are betting that the company can exit at or above $7 billion. That’s a steep price and largely eliminates acquisition as an option. The list of potential acquirers is likely limited to Facebook, Google, Apple, eBay, Amazon, and Alibaba in the tech sector. On the financial side, there are the large banks and credit card companies. But it’s hard to see anyone ponying up $7 billion to acquire Stripe, which has yet to prove that it has a sustainable business or attractive margins. [...] Not every round requires a doubling valuation, and in this case, it may turn out that everyone involved would be better if more modesty was applied. [...] [ Merger of Square & Stripe as worst case scenario? ] [ & IPOs to forget - Box, Groupon, Zynga, HortonWorks ... ]
Venture  Capital  Stripe  Apple  Pay  PayPal  Google  Wallet  Bitcoin  Amazon  Alibaba  Rakuten  Silicon  Valley  growth  round  exitstrategy  exit  strategy  IPO  M&A  business  model  margin  AliPay  Braintree  mobile  first  mobile  homescreen  Platform  network  effect  economies  of  scale  scaling  scale  Venmo  valuation  ycombinator  Unicorn  Square  Wall  Street  mobile  payments  online  payments  creditcard  Visa  Mastercard  payments  micropayments  Start-Up  lesson  Start-Up  advice 
december 2014 by asterisk2a
NASA: We're sending humans to Mars | Hacker News
It's not a matter of public/private indeed, it's a matter of size. The bigger an organization, the more dis-aligned individual and collective incentives become. In a start-up you can't afford to harm the enterprise in order to further your own interest: if you act parasitically you'll kill your host almost immediately. In a big company, you won't make a meaningful difference, neither positively nor negatively, so you may as well serve your own interests, irrespective of their effect on the whole company. Corollary: people who want to play corporate politics concentrate in big companies, because that's where you can do it with relative impunity. Big private companies offset this competitive disadvantage through economy of scales and/or lobbying; public services do it through taxes and monopolies. NASA isn't inefficient because it's public, but because it's huge. // &! on a different note. improving NHS by managed market approach!? offering choice = competition, w care&quality standards.
Start-Up  lesson  Start-Up  advice  corporate  culture  personal  values  corporate  values  meritocratic  meritocracy  decision  making  economies  of  scale  scaling  scale  lobby  marketplace  efficiencies  marketplace  plurality  marketplace  inefficiencies  monopoly  NHS  oligopoly  oligopol  corporate  governance  crony  capitalism  creative  destruction 
december 2014 by asterisk2a
WhatsApp’s Jan Koum Has No Plans to Make Money (Video) | Re/code
Koum’s comments echoed what Facebook CEO Mark Zuckerberg has said on numerous occasions: Revenue won’t be a priority for WhatsApp for the next few years. [...] For the time being, however, Zuckerberg and Koum are poised to wait. On Facebook’s Q3 earnings call Tuesday, Zuckerberg preached patience for WhatsApp. “Products aren’t really interesting as a business until they have a billion people using them,” he said.
Facebook  WhatsApp  business  model  scale  economies  of  scale 
october 2014 by asterisk2a
Report: You can startup anywhere, but getting big happens more often in just a few markets | PandoDaily
In these secondary and tertiary markets, there’s also a lack of experienced talent in many specialized fields, like enterprise SaaS sales. During his PandoMonthly fireside chat, Chris Dixon noted that this problem hinders even New York and Los Angeles. In the Bay Area, companies can easily bolt on 50 or 100 employees with relevant experience from the last generation of companies, but elsewhere this option is not available, Dixon explained. It’s hard to overstate the impact that this level of experience and hiring speed can have on a company’s growth trajectory. [...] the data still shows that getting big is much more difficult outside of major startup hubs. While this picture of the national startup scene may be discouraging, it’s really just a reflection of the last 20 plus years of deal making, and innovation, and failure. Today’s successes are earned with yesterday’s blood, sweat, and tears. [...]
Silicon  Valley  economies  of  agglomeration  economies  of  scale  San  Francisco  Berlin  Start-Up  Scene  London  Scene  scaling  scale  Start-Up  lesson  Start-Up  advice  Venture  Capital  knowledge  worker  domain  knowledge  knowledge  economy  labour  market  labour  economics  ecosystem  economic  history 
september 2014 by asterisk2a
London’s Tech Boom Is More Than Just Hype, The Hard Numbers Say So | TechCrunch
While proximity to the City has made the capital a hub for financial technology, its creative spark is at least as valuable. Lyst, an online retailer in London’s Hoxton makes most of its sales in America. Editd is a VC-backed startup selling big data to the fashion industry. Indeed, ‘vertical industry’ startups are booming in the capital because of their closeness to these large, incumbent industries like fashion, media, advertising and music. Geography also comes into play when dealing with VCs. London’s Tech City startups are a 20 minute Tube ride away from London’s equivalent of the Valley’s “Sand Hill Road” an area populated by VCs. Mayfair, St James and Victoria play host to Index Ventures, Accel Partners, DFJ Esprit and Balderton capital, all major investors in UK and European tech startups, just to name a few. At the same time, smaller funds such as Passion Capital, Octopus Ventures and Techstars London, have created a ‘bridge’ cluster in Farringdon ...
London  Start-up  Scene  Venture  Capital  economies  of  agglomeration  Public  Policy  industrial  Berlin  Scene  Europe  Scene 
september 2014 by asterisk2a
BBC News - Farewell to the mother of all depressions
[ THE RECOVERY, THE GLASS IS HALF FULL. PERIOD. ]But nonetheless many will be slightly depressed that although the service economy is now just under 3% bigger than it was at the peak, manufacturing is still more than 7% smaller, and the production industries as a whole have been diminished by 11%. As I have bored on about for a while, although it is heart-warming to see UK manufacturing growing right now, there has been no rebalancing of the economy back towards the makers. Also, within services, the contribution of shoppers to the recovery remains immense - and the retail trade made the biggest contribution to the latest quarter's services surge. That suggests we may be at a premature end to households' attempts to strengthen their finances and pay down debts - and shows that growth in the economy remains perilously sensitive to the cost of money.
UK  recovery  greatrecession  2014  Structural  Impediments  imbalance  faultlines  zombie  consumer  debtoverhang  Taper  ZIRP  NIRP  liquidity  trap  QE  negative  real  interest  rate  BOE  fiscal  policy  monetary  policy  austerity  greatdepression  lost  decade  lost  generation  George  Osborne  David  Cameron  working  poor  squeezed  middle  class  underemployed  IMF  infrastructure  investment  business  investment  productivity  output  gap  London  economies  of  agglomeration  Aberdeen  industrial  policy  comparative  advantage  competitiveness  competitive  advantage  tax  code  taxation  tax  avoidance  tax  evasion  tax  credit  tax  free  income  GFC  creditcrisis  creditcrunsh  balance  sheet  recession  deleveraging  sovereign  debt  crisis  Super  Cycle  manufacturing  Consumerism  consumerist  consumer  debt  reflation  equity  bubble  bond  bubble  household  debt  economic  history 
september 2014 by asterisk2a
David Blanchflower: Do not be fooled – growth and living standards under the Coalition have still been abysmal - David Blanchflower - Business Comment - The Independent
Over the entire six-year period [ 2009 - 2013] real earnings in the UK fell by 6.5 per cent, and by 5.9 per cent between 2010 and 2012, and only Greece (minus 23 per cent) was lower. Real earnings growth was positive over this entire period in France (+5 per cent); Germany (+4 per cent); Japan (+1 per cent) and the US (+1 per cent).
greatrecession  UK  GFC  output  gap  productivity  stagflation  secular  stagnation  austerity  fiscal  policy  monetary  policy  Funding  for  Lending  Scheme  monetary  transmission  mechanism  property  bubble  indusrty  London  finance  zombie  banks  zombie  consumer  sovereign  debt  crisis  debtoverhang  deleveraging  balance  sheet  recession  lost  decade  lost  generation  George  Osborne  David  Cameron  No  Representation  Help  to  Buy  Scheme  Supply  and  Demand  Demand  and  Supply  living  standard  working  poor  squeezed  middle  class  class  warfare  Toff  private  education  OECD  BOE  unconventional  monetary  policy  macroprudential  policy  education  policy  Public  economies  of  agglomeration  economic  history  Mark  Carney 
september 2014 by asterisk2a
dctp.tv | Jennifer Schenker // Informilo.com
- media buzz, - role models (showing to aim big & meaningful, not incremental), - education (creative, self-confidence, business skills+STEM << Future is Multi-Disciplinary [ Europe does not have the set-up in colleges and universities to combine STEM and business skill to get to a degree]), - culture and society got to be more open for the future, - diversity (Female Founders) in Europe is lacking as much in Silicon Valley, - "I've lost confidence in traditional model to turn the ship around and point to a sustainable business model for the future." :: business model ie. conferences and detailed research, journalism is free; Freemium, - change of thinking needs to take hold within the media conglomerates and publishing houses :: beyond paywalls, - the core product is free - and added value product got to be high margin product,
Europe  Start-Up  Scene  Berlin  Start-Up  Scene  London  Scene  Silicon  Valley  economies  of  agglomeration  Female  Founders  STEM  education  policy  Public  culture  society  journalism  journalismus  content  business  model  freemium  Social  Media  conglomerate  paywalls  paywall  publishing  2.0  VICE 
september 2014 by asterisk2a
What Is London Like For Overseas Entrepreneurs? | Informilo
cost of living in and around London is prohibitive for Start-up's, period. it's a barrier of entry. a competitive disadvantage. compared to Berlin or Manchester.
London  Start-up  Scene  economies  of  agglomeration  property  bubble  cost  of  living  London  lesson  advice  Berlin  Scene 
september 2014 by asterisk2a
UK Startups Call On Politicians To Improve Visas, Broadband, Skills, Regulation | TechCrunch
The backers of the Manifesto, include a who’s-who of the UK tech scene including King,TransferWise, SwiftKey, Lovestruck, Funding Circle, MOO, Index Ventures, Balderton Capital, Passion Capital, Techstars London, Seedcamp and Accel Partners.
manifesto  London  Start-up  Scene  Berlin  Scene  Europe  Scene  Public  Policy  Venture  Capital  tax  code  competitive  advantage  competitive  competitiveness  comparative  advantage  economies  of  agglomeration  ecosystem  subsidies  subsidizing  Policy  Makers  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Year  of  Future  of  Work  Mobile  Creative  Mobile  Creatives  knowledge  worker  knowledge  economy 
september 2014 by asterisk2a
Cultural Realities Of Latin American Entrepreneurship | TechCrunch
// In Latin America, the fundamental cultural impediment to creating a sustainable entrepreneurial ecosystem is lack of individual risk-taking. While this is true at the entrepreneurial level, it is not a crucial element due to other factors compensating – primarily the attraction of the Silicon Valley lifestyle. However, this is not true in the investor layer, and thus a crucial piece of the infrastructure – the post-startup financing – is severely underdeveloped. The cultural factors here are clear: lack of comfort with technology, group decision-making, long decision-making cycles, desire for control and severe discomfort with failure result in an anemic investment community.
Germany  Start-Up  lesson  Start-Up  advice  culture  society  failure  iteration  experiment  experimentation  Berlin  Start-Up  Scene  public  image  public  perception  Mittelstand  entrepreneurship  entrepreneur  risk  taking  risk  aversion  Silicon  Valley  economies  of  agglomeration  ecosystem  environment  work  environment  network  effect  communication  technology 
september 2014 by asterisk2a
Silicon Valley has evolved -- it’s not about startups anymore | VentureBeat | Entrepreneur | by Armando Biondi, AdEspresso
The consequence? Silicon Valley is no longer the best place to start a company (unless you’ve already been living there for a while now, of course) because everywhere else is. And “everywhere else” is the rest of the world — with cheaper talent, lower cost of living, and good access to initial capital as well — but also the rest of the U.S. outside of the tech hubs. Whether that’s good or bad, I don’t know. But it’s something you need to be aware of. That has been my advice lately to a few people asking for perspective from a guy who comes from Europe but has spent the last few years in the Valley. It’s a wonderful place, but it’s a very challenging one also. So if you’re starting something today, DO NOT come to Silicon Valley right away. It’s less expensive, less risky, and probably easier to start somewhere else, due to less competition. +++ https://news.ycombinator.com/item?id=8182828 San Francisco Office Rents Seen Topping Manhattan in 2015 (bloomberg.com)
Silicon  Valley  Start-Up  advice  Start-Up  lesson  San  Francisco  war  for  talent  barriers  to  entry  scaling  scale  economies  of  agglomeration  economies  of  scale  Berlin  Start-Up  Scene  Europe  Start-Up  Scene  Lean  Start-Up  Mountain  View  Palo  Alto  Venture  Capital  Networking 
august 2014 by asterisk2a
Is there a London property bubble? - YouTube
--- outside money driving up prices in the city and outer suburbia // first time buyers locked out !!! - inequality because buying is unaffordable and locked into renting
economies  of  agglomeration  London  property  bubble  Supply  and  Demand  Demand  and  Supply  hunt  for  yield  macroprudential  policy  urban  planning  urbanisation  city  living  quality  of  life  pollution  faultlines  infrastructure  investment  infrastructure  standard  of  living  well  being 
august 2014 by asterisk2a
The U.S. Secretary of Commerce: We are nowhere with immigration and the clock is ticking | PandoDaily
Unfortunately, the clock is ticking and the competition in the entrepreneurial space is fierce. ... + SF and surroundings housing issues. price on talent. + Broadband oligopoly, + revolving door's in Washington, + health care & co, sick pay, holidays, child care, education (non-private), ... << lots of stuff that isn't big on employee benefits, ... >>> if it gets too cold in winter we can go to spain in december (just rent out a whole hotel). --- Europe - free place to travel and work. And other non-EU talent you can get a permit for; http://www.workpermit.com/germany/requirements_for_work_permit.htm - http://www.bund.de/EN/Working-In-Germany/Work-Permit/Work-Permit_node.html - http://www.auswaertiges-amt.de/EN/EinreiseUndAufenthalt/StaatenlisteVisumpflicht_node.html
Silicon  Valley  Palo  Alto  Berlin  Start-Up  Scene  Europe  Start-Up  Scene  London  economies  of  agglomeration  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  immigration  Germany  Visa  USA 
june 2014 by asterisk2a
Mini-Wohnung in London mit hoher Miete alarmiert Behörden - SPIEGEL ONLINE
London is a different country than UK ex-London. PERIOD. As is SF, LA, NY compared to USA as a whole. UK needs support for 2nd London, ie Manchester surroundings. That is why BBC moved parts of its operations to Manchester, creating the MediaCity. It was a politically motivated and macroprudential influenced decision as well as microeconomic decision for BBC Operations (lower wage demands, lower operating cost). ""Für durchschnittliche Mieter dürfte es nur ein schwacher Trost sein, dass in London auch die Superreichen inzwischen Mondpreise für Immobilien zahlen müssen. So hat ein privater Käufer für eine Penthouse-Wohnung im vornehmen Londoner Stadtteil Knightsbridge kürzlich 140 Millionen Pfund (knapp 171 Millionen Euro) bezahlt. Angesichts solcher Zahlen warnte sogar der stellvertretende Direktor der Bank of England vor einer gefährlichen Blase: Das Preisniveau auf dem Grundstücksmarkt stehe in krassem Gegensatz zur derzeitigen Schwäche der britischen Wirtschaft, sagte Jon Cunliffe.
London  property  bubble  Supply  and  Demand  Demand  and  Supply  hunt  for  yield  2014  monetary  policy  unknown  unknowns  unintended  consequences  complexity  macroprudential  policy  BOE  faultlines  economies  of  agglomeration  structural  imbalance  infrastructure  investment  infrastructure  urban  planning  urbanisation  asset  bubble  recovery  UK  microeconomic  policy  microeconomies  microeconomics  macroeconomic  policy  macroeconomics  economic  history  BBC  MediaCity  Manchester 
june 2014 by asterisk2a
Election results 2014: Ukip blames London election performance on difficulty appealing to the 'educated and cultured' - UK Politics - UK - The Independent
Election results prove Ukip can damage Labour as well as Tories Both parties need to rethink their campaign strategies if they are to beat back the Farage fox in the Westminster henhouse http://www.theguardian.com/politics/2014/may/23/election-results-prove-ukip-damage-labour-tories-farage || + Ed Miliband NEED TO RAISE HIS GAME! >> What do the council results mean for the 2015 general election? It is not easy to extrapolate from local election results, but these ones could suggest Labour falling just short of a working majority http://www.theguardian.com/politics/2014/may/23/what-council-results-mean-2015-general-election ||| + London is Ukip's worst nightmare The local election results highlight how out-of-step London attitudes pose a serious dilemma for Labour and Tories ""LONDON is metropolitan elite concerned chiefly with itself."" - http://www.theguardian.com/commentisfree/2014/may/23/london-ukip-nightmare-labout-tories-local-elections-farage || +++ http://bbc.in/1qZCqn1
UKIP  general  election  2015  UK  Council  2014  Ed  Miliband  Labour  Party  Conservative  Party  Liberal  Democrats  Politics  election  campaign  promises  London  economies  of  agglomeration  Gini  coefficient  social  mobility  income  mobility  job  creation  job  market  economic  divide  jobmarket  jobcreation  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  productivity  comparative  advantage  comparative-advantage  competitive  competitive  advantage  competitiveness  Nigel  Farage  davidcameron  GeorgeOsborne  austerity  fiscal  policy  monetary  policy  Nick  Clegg  Career  Politicians  PPE  social  society  Europe  immigration  David  Cameron 
may 2014 by asterisk2a
FCC approves plan to consider paid priority on Internet
The proposal is not a final rule, but the vote on Thursday is a significant step forward on a controversial idea that has invited fierce opposition from consumer advocates, Silicon Valley heavyweights, and Democratic lawmakers. The FCC will now open the proposal to a total 120 days of public comment. Final rules, aimed for the end of the year, could be rewritten after the agency reviews the public comments. + http://www.cnet.com/uk/news/obama-pledges-net-neutrality-laws-if-elected-president/ "Obama pledges Net neutrality laws if elected president. The presidential hopeful says if elected, he'll prioritize enacting antidiscrimination rules for broadband providers during first year in office. Will others follow?" + http://www.spiegel.de/netzwelt/web/netzneutralitaet-in-den-usa-fcc-zum-zwei-klassen-internet-a-969678.html + http://www.economist.com/blogs/schumpeter/2014/05/fcc-s-net-neutrality-plan - Wheeler a former cable-industry lobbyist
Net  Neutrality  FCC  USA  presidency  barackobama  barriers  to  entry  discrimination  Innovation  Silicon  Valley  competitive  advantage  competitiveness  comparative  advantage  economies  of  agglomeration  economies  of  scale  Start-Up  Start-Ups  revolving-door  Lobbying  lobbyist  lobby  revolving  door  Washington  Career  Politicians  interest  groups  public  policy  infrastructure  investment  infrastructure  public  good  public  utility 
may 2014 by asterisk2a
The Bouncevlog (Castles, Friendly Security, and Shay's Interview) - YouTube
The cool kids in high school are now the cool kids on YouTube. ... Twitter, Fb, and YT and Google are internet commodities. Instagram, Gifs, Vine, ... are the new hip stuff to be on to create for. Tumblr seems to be in the middle. as does foursquare. ....
YouTube  Community  Start-up  Nerd  Geek  corporatism  Entertainment  Industry  Music  Industry  economies  of  scale  economics  of  abundance  Hollywood  mainstream  media  mainstream  Maker  Studios  Mediakraft  MCN  YouTube  Network  economies  of  agglomeration  Twitter  noise  Google  Recommendation  Engine  curation  curator  personality  Personal  Brand  brands  branding  Facebook  generationy  millenials 
march 2014 by asterisk2a
BBC Two - Mind the Gap: London v the Rest
Polarising UK. (1) http://en.wikipedia.org/wiki/London_Gateway (Port is a 50 year bet that London and surroundings will thrive further. Keeping Supply chains as tight as possible.) Most great careers are in the City. 58% of jobs need/have graduate qualification. City/London networking economics. Economies of Agglomeration. Proximity fuels productivity. + Connection to the world of business. Once you've attracted good neighbours, it attracts more people and more businesses to be there too. Self-fulfilling, once you reach critical mass, Tipping Point. Cotton Mills in the 19th century were build where the cotton planted. Corporations want to locate parts of their business were the resources are - the talent pool. And for data centres, where cheap energy is. // UK is now a two speed economy. London followed by the other big cities, followed by the rest of UK, rural UK. // There is no formula of success that other cities less prosperous could copy from London. It evolves. Bottom up growth.
urbanisation  urban  planning  London  Aberdeen  Glasgow  Edinburgh  Manchester  London  Gateway  infrastructure  investment  infrastructure  war  for  talent  war-for-talent  Top  commuting  Birmingham  Productivity  Networking  Economies  of  Agglomeration  Economics  Collaborative  collaboration  Competition  competitiveness  competitive  competitive  advantage  creative  job  creation  value  creation  NYC  Silicon  Valley  innovation  critical  mass  Tipping  Point  Pool  natural  resources  economic  history  ecosystem  creativity  face  to  face  interaction  creative  destruction  Battersea  Power  Station  Foreign  vehicle  Betongold  entrepreneurship  entrepreneur 
march 2014 by asterisk2a

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