asterisk2a + operations   14

The great Uber fairness fallacy: as a driver, how do you bargain with an app? | Technology | The Guardian
Businesses have been shedding their identity as employers for at least 30 years, profiting from the work performed by ‘independent contractors’ without the cost, risk or aggravation of actually dealing with employees
Uber  eBay  Marketplace  middleman  capitalism  Software  Is  Eating  The  World  outsourcing  1099  Economy  freelance  Zero  Hour  Contract  Contractor  Temp  Agency  Leiharbeit  Zeitarbeit  Gig  Economy  freelancing  part-time  labour  market  job  creation  job  market  job  security  insecurity  labour  economics  operations  cost  center  overhead  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  manual  labour  Service  Sector  Jobs  Niedriglohnsektor 
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
Inside Dropbox’s Sales Culture — The Information
As a result of his hiring, several former Salesforce executives identified with the old-fashioned approach have been pushed a layer down on the organizational chart, below Mr. Hansen. And the company has sent the signal that in the future, Dropbox will put more emphasis on landing so-called “channel” deals, where partners like Japan’s Softbank and Dell help sell Dropbox for Business. At Microsoft, Mr. Hansen oversaw $6 billion to $9 billion worth of similar deals, a person familiar with the company said. [...] Its success in generating a sustainable profit will determine whether it can go from being a big unicorn to an even more valuable public company.
SAAS  DropBox  Box  Salesforce  Microsoft  SME  SMB  Mittelstand  operation  operations  operating  margin  lock-in  B2B  Silo  Platform  B2C 
august 2015 by asterisk2a
Zirtual's Maren Kate Donovan: "Numbers were just completely f***ed" - Fortune
Zirtual's 'outsourced CFO' gives his side of the shutdown story - for.tn/1gEw7BD - As for Keating, he continues to support Donovan. “She was a great CEO. It just became very hard to get on top of the business model.” // &! bit.ly/1DR6usb - Why Zirtual’s Demise Makes Me Glad I Turned Down Millions in Funding [...] I can imagine the pain of admitting failure to someone that you previously spent all of your energy trying to convince of your success. // &! via bit.ly/1L9utCA - bit.ly/1Na7c5I - To Maren and the rest of the Zirtual Management Team [...] You knew long ago it was not going to be able to be sustained and you did nothing morally and ethically responsible toward fixing it. [ true steadfast entrepreneur (&business) (which can't be taught in university/mba) fixing the ship: doing the hard things, painful things. the right things for all existing shareholders. << book - The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers ]
Zirtual  business  model  Gig  Economy  1099  Economy  self-employment  Zero  Hour  Contract  Contractor  Share  Economy  Marketplace  efficiencies  on-demand  convenience  book  Start-Up  lesson  Start-Up  advice  of  You  Leadership  operation  operations 
august 2015 by asterisk2a
Do You Trust Larry Page? - Stratechery by Ben Thompson
Given the fact that Alphabet née Google is the second most valuable enterprise in the world, it’s striking to consider Larry Page’s 2014 assessment of the company he co-founded with Sergey Brin: I think we’ve not succeeded as much as we’d like. [...] Even Google’s famously far-reaching mission statement, to “organise the world’s information and make it universally accessible and useful”, is not big enough for what he now has in mind. The aim: to use the money that is spouting from its search advertising business to stake out positions in boom industries of the future, from biotech to robotics. [...] Googles non-social approach to advertising vs Facebook and everyone else ] [ ad world begins finally to shift away from TV & other legacy forms & FB/Google are main beneficiaries coming years of changing ad spend ] [ Page/Brin want 2 lead the org 2 a new frontier. A new Google Search. &they think they a near it, ie self-driving car, that they think the timing is right NOW ]
Google  Inc.  Google  Alphabet  Inc.  Larry  Page  Sergey  Brin  Don't  be  evil  Sundar  Pichai  vision  mission  Legacy  self-driving  cars  AI  Transhumanism  artificial  intelligence  autonomous  car  anti-ageing  renewable  energy  Google  X  Robotics  Software  Is  Eating  The  World  machine  learning  ethical  machine  Internet  Privacy  Privacy  Meta  Data  metadata  Big  Data  Google  Search  AdSense  human  rights  antitrust  Europe  FTC  USA  lobbyist  lobby  Lobbying  deep  learning  augmented  intelligence  Google  Glass  Wireless  Carrier  ISP  Google  Fiber  user  Nest  Labs  native  advertising  Social  Media  content  marketing  advertising  Programmatic  advertisement  re-targeting  advertisement  targeting  ad  targeting  Twitter  perma-cookie  cookies  Appification  mobile  homescreen  mobile  first  user  behaviour  vertical  mobile  phone  Android  banner  ads  advertisement  Leadership  conglomerate  operation  operations  Wall  Street  shareholder  value  profit  maximisation  long-term  view  long-term  thinking  short-term  thinking  short-term  view  technological  progress  incrementalism  incremental  counter  culture  Silicon  Valley  wantrepreneur 
august 2015 by asterisk2a
Facebook: Gewinn sinkt im zweiten Quartal deutlich - SPIEGEL ONLINE
[FB] kämpft mit hohen Kosten. Die Anleger reagierten skeptisch. // [ Hohe Kosten!? Was wie!? ] // [...] Die Ausgaben stiegen kräftig um 82 Prozent auf 2,8 Milliarden Dollar. Der Konzern hatte bereits eine Investitionsoffensive angekündigt: Er steckt unter anderem viel Geld in Rechenzentren. Facebook treibt außerdem die Werbung auf mobilen Geräten wie Smartphones oder Tablet-PCs voran. Auch Angebote wie der SMS-Ersatz WhatsApp oder der Fotodienst Instagram werden weiterentwickelt. Dass die Kosten so stark zulegen würden, hatten Analysten aber nicht kommen sehen. [ Cost of hiring more developers for WhatsApp and Instagram and building data centers ] [...] "Es war ein weiteres starkes Quartal für unsere Community", kommentierte Facebook-Chef Mark Zuckerberg die Zahlen. [ LOL, you mean for Wall Street ] &! 1.49bn MAU, 76% of advertising now from mobile! //&! bbc.in/1IsEOKj
Facebook  Silicon  Valley  burn  rate  runway  Palo  Alto  Mountain  View  London  Start-up  Scene  Venture  Capital  operations  Wall  Street  mainstreet.org  San  Francisco  war  for  talent 
july 2015 by asterisk2a
Reddit Is Tearing Itself Apart
via - redd.it/3bxua2 // &! bit.ly/1LMuYFb Reading some of the mods complaints and history, it seems Reddit management has a problem ... with management, internal communication and HR. plus a lack of leadership, vision, roadmap, plus lack of qualified engineers that help mods do their work, even thinks like approving pull requests for reddit opensource "Reddit Companion." All compounded by not making lots of money, instead using the round they've raised from A16Z to move to a more expensive office (see CEO yishan resigning over this move, and the stress of being the CEO of Reddit [meaning there is little deeper management structure and experience to fan out the work, responsibilities and stress.)!? << onforb.es/1IyJ5Mm // I think it is true if you describe internal reddit as still yet to grow out of chaos and daily little mistakes along the way that have start-ups with hockey stick growth!? Reddit is not ur usual Silicon Valley Start-Up. I has a very different story, thus problems.
Reddit  community  management  management  HR  human  resources  community  operations  Alexis  Ohanian  Ellen  Pao  Start-Up  lesson  Start-Up  advice  Leadership  team  management  product  management  people  management  business  management  project  management  business  model  communication  user  generated  content  YouTube  Twitter  Pinterest  scaling  scale 
july 2015 by asterisk2a
Could We Make Even the Worst Jobs, Great Jobs? - YouTube
If you treat your workforce as a profit center, as opposed to a cost center, perhaps your company's bottom line will soar. Why? Because employees, treated really well, perform really well. Management professor Zeynep Ton examines how organizations can design and manage their operations in a way that satisfies employees, customers, and investors simultaneously. (Hint: Paying higher than the minimum wage is a great start toward better performance).
HR  human  resources  operations  Start-Up  advice  Start-Up  lesson  book  management  Niedriglohn  Service  Sector  Jobs  Niedriglohnsektor  customer  Retail  brick  and  mortar  business  innovation  workforce  productivity  performance  living  wage  minimum  wage  Zeitarbeit  Leiharbeit  Werkvertrag  precarious  work  Precariat  working  poor  underemployed  part-time  uncertainty  chronic  stress  incentive  Universal  Basic  Income  happiness  index  complexity 
june 2015 by asterisk2a
Who Will Be Hurt Most When The Tech Bubble Bursts? Not VCs | TechCrunch
In a nutshell, FOMO is driving many investors in a hustle to be a part of the next Facebook or Twitter and put in huge investments for a fraction of stake. And, they don’t see much risk in it as long as they get the downside protection. [ growth round = rocket fuel splashed onto stuff to acquire more customers and market share (basically, but not always) ] [...] Someday, pretty soon, these will be put to the test, and valuations based on visibility of earnings will matter again. A few will succeed of course, but several others will fall – it remains to be seen how miserably. VCs will most likely walk away with their invested money, if not more. It’s the employees and founders who will see their million-dollar dreams crash and burn. [living beyond ur means & betting dollars you dont have on a time that seems further away than u can even guess (secular stagnation)] [lack of income growth (across the western world) thus disposable income (discretionary spending) is also not helping]
Silicon  Valley  burn  rate  operations  Bill  Gurley  Unicorn  runway  FOMO  Venture  Capital  growth  round  termsheet  liquidation  preferences  Private  Market  Private  Equity  SPV  bubble  distortion  QE  ZIRP  NIRP  disinflation  secular  stagnation  deflationary  deflation  western  world  business  model  revenue  revenues  fiscal  policy  income  growth  USA  OECD  sovereign  debt  crisis  austerity  disposable  income  policy  error  Taper  policy  folly  monetary  policy  productive  investment  underinvestment  infrastructure  investment  1%  Super  Rich  on-demand  convenience  Share  Economy  labour  labour  economics  discretionary  spending  Schuldenbremse  PIGS  Brexit  Grexit  currency  war  macroeconomics  Pact  Europe  productivity  Lohnzurückhaltung  job  creation  globalisation  globalization  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  flat  world  borderless  competitive  Future  of  Work  Industrial  Revolution  2.0  economic  history  speculative  bubbles  speculative  speculation  demographic  bubble  Super  Cycle  consumer  debt  zombie  consumer  zombie  banks 
may 2015 by asterisk2a
Are we too nice when a company fails? Out of money and fresh ideas, Homejoy and CustomMade find cushy landings | PandoDaily
https://www.youtube.com/results?search_query=Homejoy+Adora+Cheung // "GET USERS, BURN MONEY." // https://www.crunchbase.com/organization/homejoy // brother sister start-up, maybe they did too many things (burning too much money) mediocre instead of one thing really well! getting to the next milestone or even surpassing it and some, and able to go to investors and say "look here, lets pure more rocket fuel on it."
acquisition  acquihire  acqui-hire  burn  rate  runway  Silicon  Valley  HomeJoy  Handy  Helpling  operations  on-demand  convenience 
may 2015 by asterisk2a
Cloud HR Startup Zenefits Is Looking To Raise A Giant New Round Of Funding | TechCrunch
Aims 2 raise up2 $500M at $3B+ valuation; Zenefits prev said it expected $100M ARR by '15; expects GAAP rev of $50M+ this yr; prev raised $83.6M // Free SAAS, makes money by receiving commissions from insurers. [NEEDS SALES & MARKETING hires to sustain growth trajectory and justification of valuation multiple.] By the end of 2014, Zenefits had around 500 employees, according to sources, but that number is expected to quadruple by the end of 2015. Last year, the company said it wanted to hire around 1,300 employees over the next 3 years. [Capturing Marketshare USA/Canada - hitting it with the baseball bat.] // youtu.be/KporpXG0XK8 min6 direct marketing/e-mail/hustle/hands on sales pitch > COO/Accounting/HR // youtu.be/7KmjzfK3f38 min 11 Start-up struggle, figuring it out along the way but having a sense // (2015) youtu.be/8DwlS_6jLAo "Hyperscaling Inside Sales" &! YC W2013 application video - youtu.be/-S83fysRwn4
valuation  Silicon  Valley  Zenefits  HR  Unicorn  growth  round  enterprise  2.0  SAAS  SPV  business  model  customer  acquisition  user  churn  customer  churn  user  acquisition  marketing  Box  DropBox  Salesforce  ZenDesk  user  experience  Software  Is  Eating  The  World  operations  freemium  scaling  LTV  scale  human  resources  hiring  Core  Product  Value  Proposition  sales 
april 2015 by asterisk2a
Epoxy partners with top MCNs to makes multi-platform content management less of a pain | PandoDaily
The emergence of tools like Epoxy couldn’t have come at a better time for MCNs and the creators they represent. While YouTube has continued to grow in reach, the video giant’s relationship with its stars has deteriorated rapidly. Many prominent voices in the community have questioned the fairness of the revenue splits available on the platform, as well as the lack of sales support and sophisticated content management tools. The result of this discontent has been a general belief that it’s no longer enough to build a “YouTube business,” but rather that it’s crucial to build a multi-platform video business with YouTube as just one aspect – typically the top-of-funnel audience acquisition component.
MCN  YouTube  Network  Social  Media  Multimedia  Platform  TOS  content  distribution  content  creator  Instagram  Vine  Twitter  Facebook  Snapchat  Sales  Funnel  marketing  advertising  native  advertising  content  marketing  SaaS  operations  influencer 
january 2015 by asterisk2a
Travis Kalanick of Uber - TWiST #180 - YouTube
MVP - minimal viable product, test of thesis; they rented a handful of cars with drivers in SF & build little app, the rest is history. make move to not have drivers but enable people to be drivers with income. Uber - elegance, design, ... this is now a brand, a status symbol. +++ on demand lifestyle, making magic happen via technology - employing STEM people. +++ could, because of supply liquidity, deliver, at premium, food to your door. +++ because of their technology, their platform, they either could licence out their problem solving platform (ie demand prediction - people just opening up the app - math is an operational cornerstone) to air transportation and or goods transportation. +++ Travis Kalanick at Startup School 2012 - http://youtu.be/rQ6GoY2_Ujw >> multi-product company - for different budgets. Operations, Scaling - one problem that needed solving, a Playbook for expanding from one city to the next. Changing how u live, over months. not decades, today's age.
Uber  Travis  Kalanick  Start-Up  lesson  Start-Up  advice  entrepreneurship  entrepreneurial  entrepreneur  status  symbol  system  design  Product  systems  design  brand  Personal  brands  branding  on  demand  Supply  and  and  Supply  ondemand  on  demand  lifestyle  magic  technology  STEM  reputation  Silicon  Valley  multi-product  company  travel  traveling  transportation  public  transportation  Platform  lifestyle  western  lifestyle  instant  gratification  frictionless  friction  accelerated  life  marketplace  efficiencies  marketplace  plurality  marketplace  marketplace  inefficiencies  business  model  mobile  first  urbanisation  urban  planning  Operations  scaling  algorithm  algorithms  algo  dynamic  pricing  mathematics  complexity  marketing  Viral  Airbnb  Utility  utilities  21stcentury 
june 2014 by asterisk2a

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