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Articles tagged with: entrepreneurs

Entrepreneurship, Featured, Investing, Sports, Strategy »

[11 Apr 2010 | One Comment | 4,998 views]
Take a Walk

Wait for the fat pitch. That’s what great baseball hitters do. The fat pitch is one that is so juicy and perfectly served to you that you can no doubt take a swing and hit a homerun.
Fat pitches don’t come often. Life is a cunning pitcher. So good hitters don’t swing at everything. They pass on dozens of balls, take walks, and just wait for that one perfect pitch.
The point is to be selective. Every pitch that comes your way looks tempting. But just as you swing at one, it┬ácurves …

Business, Entrepreneurship, Featured, Features, Innovation, Startups »

[7 Dec 2008 | 18 Comments | 4,398 views]
The Startup Myth

The world would be a much better place if less people tried to build startups. Don’t get me wrong, I’m not saying we could use less entrepreneurship. Innovative entrepreneurs will pull us out of this recession more sustainably and more meaningfully than any government bureaucrat with indirect policy levers could ever do. What I am saying is that we need more people wanting to build companies, not startups. That is not a too subtle distinction.
Would-be entrepreneurs proclaim proudly how they are starting new businesses and are willing to endure many …

Entrepreneurship, Strategy, Technology, Venture Capital »

[11 May 2008 | 2 Comments | 1,610 views]

Chris Anderson, a writer at Wired Magazine and author of the influential The Long Tail: Why the Future of Business is Selling Less of More, makes some good points about the insanity of Facebook’s $15 billion valuation, the inadequacy of current approaches to social networking, and the implications of an over-reliance on advertising as a business model. His arguments are useful because entrepreneurs can use them to make concrete business or strategic decisions. He doesn’t use namby pamby qualifications to hedge his bets and predictions. I do …

Business, Entrepreneurship, Innovation, Startups, Venture Capital »

[7 May 2008 | 8 Comments | 2,299 views]
The Myth of Venture Capital

In highly entrepreneurial hot spots like Silicon Valley, San Francisco where I grew up, Route 128, Washington DC, Seattle, Los Angeles where an impressive raft of social networking and new media startups has sprouted, and biotechnology-focused San Diego, critical mass of entrepreneurial activity organically attracts venture capital. In other words, a rich “ecosystem” – where entrepreneurs can assemble readily available capital, talent, and relationships – can only come about when entrepreneurs first satisfy the initial criterion of creating innovation and value to a significant degree. In emerging hot spots such …

Business, Entrepreneurship, Hedge Funds, Innovation, Investing, Startups, Strategy, Technology, Venture Capital »

[17 Apr 2008 | No Comment | 712 views]

Prompted by the rumblings of activist hedge funds Harbinger Capital and Firebrand Partners last month, I wrote about the New York Times (NYT) and its evolving technology assets. I found the Times to be surprisingly forward-thinking in its investments in the online world. As a strategic investor, it has made some fairly impressive investments in innovative startups that could solve the riddle of monetizing online news and content. Its investments include bets on blog advertising networks, news aggregation websites, blogging platforms, video sharing sites, job search engines, …

Entrepreneurship, Startups, Strategy, Technology, Venture Capital, Video »

[16 Apr 2008 | One Comment | 4,286 views]

I co-founded a tiny little agency a few months ago called SocialOptimize that was focused on producing Facebook apps. At the time of founding, my partner and I received almost overwhelming demand from companies who were desperate to gain a presence on social networking site Facebook. Facebook was already quickly turning into a cultural phenomenon as everyone and their grandmother started registering for the site and “poking” each other.
Essentially, it was this mass of humanity in digital form that attracted advertisers and marketers to jump on the bandwagon and either …

Business, Entrepreneurship, Features, Innovation, Investing, Startups, Strategy, Technology, Venture Capital »

[5 Apr 2008 | 7 Comments | 5,839 views]
Social Networking is Growing Up

Social networking has thus far been primarily about connecting with lost friends, playing simple games, and gawking at strangers. Aside from the amazing ability to reconnect with buddies from middle school, the rest of social networking mirrors normal human behavior in real life. Lots of people need an avenue for rest and relaxation. Dumb games like Pirates vs. Ninjas on Facebook replaces old time-wasters like watching TV. Who hasn’t been to the mall or the park watching people pass by? We’re all voyeurs to some degree but social networks like …

Creativity, Entrepreneurship, Randomness, Startups, Venture Capital »

[31 Mar 2008 | No Comment | 418 views]
Collar Your Enthusiasm

The other day, a team of entrepreneurs came to pitch their high-tech startup for funding. This motivated group of guys wanted to raise around $10 million for their new, super duper, unique, revolutionary, paradigm-shifting, outside the box, knock your socks off, we’re all gonna retire young, give me your money now technology. After the customary small talk and by the time they were about to start their presentation, I almost wanted to hand the “CEO” the shirt off my back.
Why is it that someone will always show up to an …

Business, Entrepreneurship, Investing, Startups, Strategy, Venture Capital »

[17 Mar 2008 | 2 Comments | 484 views]

TechCrunch’s Michael Arrington has a very informative piece on the credit crisis and its effect on startups. Apparently, many startups are putting their venture cash in Auction Rate Securities, financial instruments that are normally very liquid and provide better yields than typical bank savings/checkings accounts. Unfortunately, the perfect storm of the current credit crisis has put a freeze on the ARS market and startups are finding a difficult time to access their cash.
What really surprised me from the article was that many startups were putting their cash in …

Politics, Randomness »

[10 Mar 2008 | 2 Comments | 1,367 views]
Eliot Spitzer and a Brief History of Ideas

New York Governor Eliot Spitzer’s public statement in response to his alleged involvement in a prostitution ring and his patronage:
Good afternoon.
For the past nine years, eight years as attorney general, and one as governor, I have tried to uphold a vision of progressive politics that would rebuild New York and create opportunity for all. We sought to bring real change to New York and that will continue.
Today I want to briefly address a private matter. I have acted in a way that violates my obligations to my family and violates …