The dark humor in this is that the same people who delight and celebrate investing in disrupting other industries are blind or in denial about it happening to their own.
The dark humor in this is that the same people who delight and celebrate investing in disrupting other industries are blind or in denial about it happening to their own.
If you’re at all interested in tech - hell, if you’re interested in business - head over to the brilliant MG Siegler’s post on Techcrunch that attempts to quantify Apple’s Q1 2012 earnings.
Apple made $1 billion dollars per week. Profit.
Yes, the passport is in my pocket. I checked five minutes ago.
Of course, the cost of checking again, just one more time, is tiny. Hardly worth discussing with myself. And compared to the cost of being wrong, of missing the flight… go ahead, check again.
A year ago I noticed a pattern in the least successful startups we’d funded: they all seemed hard to talk to. It felt as if there was some kind of wall between us. I could never quite tell if they understood what I was saying.
I’ve recently seen several entrepreneurs arguing that they aren’t ready to launch, despite a working product and months of work (and in some cases, big customers).
I’ve also been one.
This is a dangerous situation for any company to be in. It’s also a bad business decision.
I, like most other entrepreneurs in existence, hungrily devoured Eric Ries’s book in the space of a few nights. Eric sells a pretty seductive promise in the Lean Startup, which can be characterised as a methodology for creating successful startups.
