asterisk2a + slack   15

The tech industry has cut a Google’s worth of jobs in the past 12 months
bigger companies, more profitable products, with less people. // “It would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,” Challenger, Gray & Christmas CEO John Challenger said in a statement. “The simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction. We will always need technology, but how we interact with it, as well as where and when we interact with it, are changing rapidly.” //&! http://recode.net/2016/04/19/intel-chipmaker-mobile-earnings-restructuring/ - Intel missed the mobile revolution. Now it faces its day of reckoning.
Silicon  Valley  Unicorn  Instagram  WhatsApp  productivity  Software  Eats  The  World  Software  Is  Eating  The  World  Software  Revolution  Software  Development  Slack  Facebook  profit  maximisation  profit  maximization  winner  take  all  IBM  Intel  Microsoft  Salesforce  antitrust  overhead  cost  center  AWS  cloudcomputing  Cloudstorage  Netflix  Amazon  Azure  Google  Cloud  Google  Inc.  Alphabet  Inc.  Oracle  Mobile  Creative  scalability  scaling  scale  Snapchat  Twitter  Apple  automation  robotics  AI  artificial  intelligence  3D  printing  autonomous  cars  self-driving  cars  labour  market  job  market  skill  gap  skills  gap  homescreen 
april 2016 by asterisk2a
The economics of Brexit – Politics Weekly podcast
Leave Campaign, so far, has failed to assure voters that we get through the quiet possible tubulences and uncertainty unharmed severely after 1-2 years. [ economic forecasts/predictions are Wall Streets cottage industry ] Brexit for sure would throw Osbornes plan for a surplus in 2020. ... brexit is about less regulation free trade low tariffs, 'get off the back of our City [London bank regulation]' [low tax, higher pay] George Osborne ... // banks have not voiced their voice loudly because that would be seen by people who bailed them out to tune of doubling the deficit, and still own bank shares ie loyds. it could be seen disingenuous, outrageous, as we are still in doldrums, paying off their debt, and suffering through austerity where the most vulnerable are cut away from society.
Brexit  George  Osborne  economic  damage  economic  growth  economic  security  economic  slack  economic  slowdown  economic  harm  macroeconomic  policy  microeconomic  policy  trade  agreement  free  trade  regulation  David  Cameron  Whitehall  Westminster  economic  forecast  Wall  Street  European  Union  Career  Politicians  EEA  free  movement  of  people  immigration  migration  austerity  general  election  2020  general  election  2015  Tories  Conservative  Party  nasty  neoclassical  economics  neoliberal  neoliberalism  Chicago  School  trickle-down  economics  self-regulation  deregulation  regulators  MervynKing  Mark  Carney  BOE  IMF  retail  banking  investment  banking  City  of  London  bank  bailout  GFC 
april 2016 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
The Productivity Paradox - NYTimes.com
First of all, productivity measurement is more art than science — especially in America's vast services sector, which employs fully 80 percent of the nation's private work force, according to the United States Bureau of Labor Statistics. Productivity is calculated as the ratio of output per unit of work time. How do we measure value added in the amorphous services sector? Very poorly, is the answer.
productivity  microeconomics  macroeconomics  output  gap  economic  slack  recovery  dot.com  GFC  academics  academia  Service  Sector  Jobs 
september 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
The New Tech CEO Archetype – AVC
I believe that product is the heart and soul of tech companies, it is where it all comes together. You can’t build a great company without great products (or great people). So it’s heartening to me to see that the next generation of technology leaders is coming from product management. I think that bodes well for those companies and the tech industry in general. // learned from past mistakes, putting COO, finance guys, pure MBA managers, or else in the CEO role of Tech Companies *Yahoo! anybody? after all in a new world that is being build, its about the product and thus the user (experience) [UI UX product strategy, and thus companies strategy alignment]. And not about purely sales and marketing (stuffing products down the throat of companies that the end users hate (and the manage hates as well because staff are complaining and lost productivity), but the procurement manager (or CIO) got a great deal on and got a raise). << that was so 90's and the first decade of the 2000's.
CEO  Leadership  consumer  product  multi-product  company  product  management  product  strategy  Silicon  Valley  Wall  Street  Technology  business  product  SAAS  bottom-up  Slack  Box  DropBox  long-term  view  long-term  thinking 
august 2015 by asterisk2a
Slack's massive funding round is everything amazing and insane about the startup bubble | The Verge
[ COMPETITION 4 HOT DEAL, Private Market (Private Equity) highest bidder wins. Thus to get in, people make compromises. ] "It’s the best time ever in the history of the world, or at least the tech industry, to raise money. Will it get better? It’s possible. Six months from now, we might say darn it, we should have waited," Butterfield told me. "On the other hand it’s a pretty amazing deal. In a certain respect it would have been irresponsible not to take it for five-ish percent of the company on clean terms." For those not familiar with venture capital, Butterfield means he only had to give up a small percentage of the ownership in Slack to get this new funding, and that the deal didn't come with a bunch of crazy terms which favored the new investors. [...] [ also mentioned 20-30% rise in HR cost compared to last year! << SF/SV becomes prohibitive for bootstrapping & even for Seed/Angel backed start-ups w 2-5m. Run out of time (MVP fit) bc run out of cash bc high local burn rate. ]
Slack  Unicorn  growth  round  Silicon  Valley  San  Francisco  distortion  Private  Market  Private  Equity  Venture  Capital  SAAS  Enterprise  2.0  valuation  hunt  for  yield  speculative  bubbles  asset  allocation 
april 2015 by asterisk2a
Gillmor Gang: Money for Nothing - Gillmor Gang | TechCrunch TV
min 42 // A Round is now a "post-traction" investment aka proven product & business model. A Round is an investment to scale it up, put it up a bunch of gears. // Keith Teare from chat.center (tcrn.ch/1IWFQ1X) people now doing pre-seed, seed, seed prime & bridge funding via existing investors; figuring out Product/Market fit, traction, funnel, etc. Now more than ever a hits driven business. // see also tcrn.ch/1c54UpN // Complexity of phenomenon - symptoms, causes and tangents; biases, selection bias, pattern matching, bidding up hot deals in the private market where the highest bidder will get the deal - irrationality of accepting those valuations and the founders Unicorn-status need, hunt for yield, trendy - the future, when doing 'hard things' becomes fashionable (ie Reality TV, TV Series & a shallow Channel 4's How To Be A Young Billionaire) then beware, negative yields for secure investments (bonds and corp debt), perceived 'conservative' value vs private bid up bubble potential.
Seed  Round  A  Round  traction  hunt  for  yield  ZIRP  NIRP  QE  unintended  consequences  Silicon  Valley  asset  bubble  asset  allocation  behavioral  finance  bond  bubble  bubbles  equity  bubble  demographic  bubble  secular  stagnation  complexity  growth  Start-Up  lesson  Start-Up  advice  pattern  matching  selection  bias  confirmation  bias  bias  Unicorn  Wall  Street  Private  Mutual  Fund  Hedge  Fund  Venture  Capital  savings  glut  productive  investment  business  model  Snapchat  WhatsApp  Instagram  Slack  Uber  productivity  output  gap  STEM  Share  Economy  Services  Industry  Niedriglohnsektor  incomplete  information  economic  history  marginal  cost  liquidity  trap  sovereign  debt  crisis  debt  bubble  zombie  banks  zombie  consumer  zombie  corporations  structural  imbalance  global  imbalances  faultlines  Product/Market  Fit  value  creation  1000  True  Fans  Core  Product  Proposition  differentiate  differentiation 
april 2015 by asterisk2a
Slack's New Arbitration Policy | Hacker News
From Comments: You could say they just learnt from the Hipchat announcement and remebered to address the issue head-on which makes it seem like they really care. But in the end the problem is exactly the same and your company will now have access to whatever you write including private chats. Personally that means I'll ensure to avoid private chat on Slack and use external tools again on top of everything I already use which is clearly annoying. [.&!.] The fact that people bitched and moaned over Hipchat allowing history to be viewed is just ignorant and stupid. You know why managers have the ability to view these things? Harassment. Sexual, physical, altercations, etc. If your company has more than 5 people these things WILL come up and the INABILITY to retrieve this data is BAD. [...] This is NOT some mind blowing new development. [.&!.] [Work com is about Work. Period. Thus if something comes up that needs to be looked into, it need to be available.]
Start-Up  lesson  Start-Up  advice  Slack  Hipchat  communication  TOS  Platform  Privacy  work  environment  beyond  workplace  drama  workplace  corporate  corporate  governance  ethical  machine  management  HR  human  resources  compliance  regulation  oversight  transparency  accountability 
november 2014 by asterisk2a
BBC News - UK jobless rate falls to lowest level since 2008
avg weekly earnings still lagged way behind inflation. Excluding bonuses, avg earnings in the May to July period rose by 0.7% from a year earlier; including bonuses, they rose by 0.6%. The current rate of inflation is 1.5%. Last month, the Bank of England halved its forecast for average wage growth in 2014 to 1.25%, leading some commentators to believe it is under little pressure to raise interest rates any time soon. [...] Labour's shadow employment minister Stephen Timms said: "Today's fall in overall unemployment is welcome, but the new figures have shown working people are seeing their pay falling far behind the cost of living. "Pay excluding bonuses today is the lowest on record. Under this government wages after inflation have already fallen by over £1,600 a year since 2010 and by next year working people will have seen the biggest fall in wages of any Parliament since 1874." +due 2lack of job security, people arnt asking 4 meaningful raise. service econ jobs dominate recovery!
UK  recovery  slack  labour  market  wage  growth  living  wage  wage  stagnation  inflation  disposable  income  living  standard  cost  of  living  standard  of  living  squeezed  middle  class  working  poor  minimum  wage  2014  economic  history  output  gap  productivity  Lohnzurückhaltung  fear  GFC  job  security  precarious  work  Precariat  Services  Industry  service  economy  service  Public  Policy  industrial  manufacturing 
september 2014 by asterisk2a
BBC News - UK unemployment total falls to 2.16m, wage inflation to remain low
[threat of wage inflation spiral far off because of multiple underlying factors not allowing it measured wholly across the uk (taking the other country called london out of the picture)] - "Weak pay growth and the 'cost of living crisis' remains the Achilles heel of the economic recovery," said Chris Williamson, chief economist at Markit. "But it should not be long until we see earnings growth accelerate as the labour market continues to tighten. Pay growth should pick up in coming months, perhaps significantly." +++ http://www.telegraph.co.uk/finance/10838393/Bank-of-Englands-slack-approach-leaves-economy-at-risk.html +++ http://www.economist.com/blogs/freeexchange/2014/03/monetary-policy-0 +++ http://youtu.be/fvTdWWUkUNM?t=2m10s
output  gap  slack  in  economy  UK  recovery  greatrecession  greatdepression  2014  2015  inflation  deflation  productivity  deflationary  fiscal  policy  monetary  policy  wage  growth  earnings  growth  austerity  BOE  Mark  Carney  ZIRP  spare  capacity  academia  economic  history  New  Normal  financial  repression  underemployed  underemployment  workforce  labour  market  structural  unemployment  inflation  expectation  wage  inflation  London  wage  inflation  spiral  working  poor  squeezed  middle  class  wage  stagnation  wages  living  wage  minimum  wage  industrial  policy  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Mobile  Creative  Mobile  Creatives  knowledge  worker  White-collar  Blue-collar  skill-biased  technological  change  capital  skills  skill  skills  practical  skills  practical  skill  set  World  Flat  globalization  globalisation  competitive  advantage  competitive  competitiveness  Competition  comparative-advantage  comparative  advantage  21stcentury  Year  of  Code 
june 2014 by asterisk2a
Aaron Levie of Box - TWiST #224 - YouTube
min 35:40 - Freemium in the business space is even cooler than in the consumer space. min 39 - Marc Andreessen "how much do you need to win in this space? how fast do you need to grow, to win." [cost of customer acquisition (freemium, and or Bounty Model from Paypal) and retention]. and define what is winning, what scenario? what measure? ... key accounts long-term commitment? ad spend from key accounts? customer happiness - retention? resellers, dominating sales channels to a vertical of business type and SME/SMB's? min 53 - new playbook is now Get Big, then turn on revenue. disrupt the ecosystem/existing business model, winner takes all. min 54 - how you go from a small shop with profit to raising $+100m round telling than that they get multiples back in their investment, that comes when you live a time here in Palo Alto/Silicon Valley. (crunchbase.com/organization/box) + follow-up "having a playbook." + war for talent: 1 disenfranchised 2 ppl wnt 2 create value, 3 business model
freemium  business  model  Box.net  Dropbox  Google  Docs  Google  Drive  Microsoft  Enterprise  Consumer  friction  frictionless  Evernote  Slack  Gmail  Marc  Andreessen  Venture  Capital  Flickr  Yammer  enterprise2.0  Enterprise  2.0  Bounty  Paypal  SAAS  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Silicon  Valley  Salesforce  value  creation  added  value  war  for  talent  Top  war-for-talent  Cloudstorage  paradgimshift  paradgim  paradigm  shift  Google  Jive  Software  Jive  Netflix  cloudcomputing  Zappos 
may 2014 by asterisk2a
Britain's economy: Into the storm | The Economist
Britain’s economy has its own home-grown problems, to which the misery on its doorstep will add. Spending power is scarce. Wage growth is running at less than half the level of inflation. Public-sector workers, who staged a large strike over the government’s pension reforms this week (see article), face a further two years of squeezed pay. Householders will be reluctant to dip deeper into their savings while their own debts are so high. That leaves Britain’s economy dependent on foreign demand. As two-fifths of exports are shipped to the euro zone, recession there will drag down Britain’s economy as well. Jobs are already being cut in London’s financial district, one of Britain’s more reliable export industries, because fees and commissions have dried up.

budget deficit was at 11.2% of GDP in 2009-10
The deficit will fall to 8.4% of GDP this fiscal year.
Britain’s triple-A credit rating seems assured
plans announced imply public-spending cuts will last until 2017
UK  2011  2012  economy  austerity  recession  lostdecade  budget  deficit  creditrating  GeorgeOsborne  OBR  output-gap  slack 
december 2011 by asterisk2a

related tags

2.0  3D  4-day  21stcentury  A  academia  academics  accountability  accounting  acquisition  added  advantage  advice  agreement  AI  all  allocation  Alphabet  Amazon  Andreessen  Angel  antitrust  Apple  artificial  asset  austerity  automation  autonomous  AWS  Azure  B2B  B2C  bailout  bank  banking  banks  behavioral  beyond  bias  black  BlackRock  Blue-collar  BOE  bond  book  bottom-up  Bounty  Box  Box.net  Brexit  BRIC  bubble  bubbles  budget  Buffer  burn  business  Butterfield  CAC  Cameron  capacity  capital  Career  Carney  cars  cash  center  CEO  change  Chicago  churn  City  class  Cloud  cloudcomputing  Cloudstorage  Code  communication  company  comparative  comparative-advantage  Competition  competitive  competitiveness  complexity  compliance  confirmation  consequences  Conservative  consumer  convenience  Core  corporate  corporations  cost  creation  Creative  Creatives  creditrating  crisis  customer  damage  David  debt  Decacorn  decision  deficit  deflation  deflationary  demographic  deregulation  Development  differentiate  differentiation  disposable  distortion  diversity  Docs  Domo  dot.com  downround  drama  Drive  Dropbox  DropBox  earnings  Eating  Eats  economic  economics  economies  economy  EEA  election  emerging  Enterprise  enterprise2.0  environment  equity  ethical  ethnic  European  Evernote  expectation  Facebook  Fans  faultlines  fear  finance  financial  fiscal  Fit  Flat  Flickr  flow  FOMO  for  forecast  Francisco  free  freemium  friction  frictionless  Fried  Frontier  Fund  GAAP  gap  general  George  GeorgeOsborne  GFC  global  globalisation  globalization  glut  Gmail  Google  governance  greatdepression  greatrecession  growth  Hansson  harm  Hedge  Heinemeier  herd  herding  Hipchat  hiring  history  Homejoy  homescreen  hot-money  HR  human  hunt  IBM  imbalance  imbalances  IMF  immigration  in  Inc.  income  incomplete  industrial  Industry  inflation  information  Instagram  Intel  intelligence  investment  Investor  Is  Jason  Jive  job  Jobs  knowledge  KPI  labour  Leadership  lesson  LGBTQIASP  linkedin  liquidation  liquidity  living  Lohnzurückhaltung  London  long-term  lostdecade  machine  macroeconomic  macroeconomics  making  management  manufacturing  Marc  marginal  Mark  market  Marketplace  Markets  matching  maximisation  maximization  meetings  MervynKing  metrics  microeconomic  microeconomics  Microsoft  middle  middleman  migration  minimum  minority  Mobile  model  monetary  movement  multi-product  Mutual  nasty  neoclassical  neoliberal  neoliberalism  Net  Netflix  New  Niedriglohnsektor  NIRP  Normal  OBR  of  on-demand  Oracle  Osborne  output  output-gap  overhead  oversight  Palantir  paradgim  paradgimshift  paradigm  Party  pattern  Paypal  people  Platform  policy  Politicians  poor  practical  Precariat  precarious  preferences  printing  Privacy  Private  product  Product/Market  productive  productivity  profit  Promoter  Proposition  Public  QE  rate  recession  recovery  recruiting  recruitment  regulation  regulators  repression  resources  retail  retention  Revolution  risk  robotics  round  runway  SAAS  Salesforce  San  savings  scalability  scale  scaling  School  Score  Sector  secular  security  Seed  selection  self-driving  self-regulation  service  Services  set  Share  shift  Silicon  skill  skill-biased  skills  slack  slowdown  Snapchat  Snapdeal  Software  sovereign  spare  speculation  speculative  spiral  squeezed  stagnation  standard  Start-Up  STEM  Stewart  strategy  Street  structural  take  talent  Tech  technological  Technology  the  thinking  Thumbtack  Top  Tories  TOS  traction  trade  transparency  trap  trickle-down  True  Twitter  Uber  UK  underemployed  underemployment  unemployment  Unicorn  unintended  Union  upselling  USA  user  Valley  valuation  value  Venture  view  wage  wages  Wall  war  war-for-talent  week  western  Westminster  WhatsApp  White-collar  Whitehall  Why  winner  Women  work  Workday  worker  workforce  working  workplace  world  Yammer  Year  yield  Zappos  Zenefits  ZIRP  zombie 

Copy this bookmark:



description:


tags: