March 2011
38 posts
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“PIMCO boss Mohamed El-Erian was interviewed over at Reuters HQ this morning, as...”
– Dan Primack reports for Fortune.
If people thought Second Market was only for high-flying consumer facing internet plays, think again. When hedge funds, private equity funds and individual account managers like PIMCO start trading their management company shares on Second Market, your eyebrows...
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“When we started, we thought we were looking for smart people, but it turned out...”
– Paul Graham - Money Man - Entrepreneur.com (via bijan)
Slightly related: you’ve probably read Mark Suster’s post about recruiting last week. I’ve made Attitude over Aptitude my mantra when hiring.
(via david-noel)
gbattle sez:
“One person with passion is better than forty people merely...
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“Remember the story in the book, where I have a dream about being contacted by...”
– Sammy Hagar, talking about his new memoir, “Red: My Uncensored Life In Rock”, where he describes being abducted by aliens.
“It was a download situation.” - [palm meets face].
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“The “who’s on your site now” service Chartbeat is reminiscent...”
– A great insight into Chartbeat’s affect on journalism from Maura Johnston’s piece “Your News is Our News is Your News” in the “U+ME” magazine in Nomad Editions edited by my homeboy Chris Kaye. It’s worth your while to check out Nomad Editions - the best...
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“No business plan survives first contact with customers.”
– I’ve experienced this first hand every time. Steve Blank continues to astound and amaze. Must view presentation.
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Twitter + IMAP = Innovation + Platform Lock-In
“Developers ask us if they should build client apps that mimic or reproduce the mainstream Twitter consumer client experience. The answer is no.” - Ryan Sarver, head of API/Platform, Twitter.
Rather than focus on squashing clients that mimic Twitter, Ryan and Twitter should focus on offering API improvements that provide both value and necessary platform lock-in. A huge benefit from...
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CoinStar-Like Machines: Slippery Revenue Model
This past weekend, I was cleaning out my storage area - trash, stash or donate - and came upon a treasure trove of coins. I schlepped my pirate booty to the local grocery store, found the CoinStar-like machine (note, it wasn’t a CoinStar machine), dumped my coins in, got the printed ticket and hit the customer service desk to get my crisp bills.
If you didn’t know already,...
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“How many internet businesses have sustained a market cap north of $50bn for more...”
– John Borthwick, CEO of Betaworks, in FT. A chilling insight from a great article that makes me nostalgic for my days on 13th Street. [sniffle]
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“And, with record user growth, there has never been a better time to build into...”
– consistency and ecosystem opportunities - Twitter Development Talk.
Does twitter really want to have this conversation about which network has more users?
I’ve very disappointed with this unnecessarily aggressive attitude towards their platform.
Twitter is for content syndication so you can get...
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Pinboard.in Pricing Model: Fixing Their Math →
New bookmarking service Pinboard.in has an interesting business model. The no-nonsense Delicious replacement forces everyone to pay a one-time signup fee where:
Number of Registered Users * $.001 = Singup Fee
The current signup fee is $9.26, which implies that Pinboard has 9,260 paying users. With a little spreadsheet magic, you can compute the total signup fee revenue for the service to date...
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“General Atlantic has agreed to buy approximately 2.5 million shares of Facebook...”
– Dan Primack reports for Fortune.
Hmmm. Lets just round it up already to the nearest centi-billion, shall we? Why the heck not.
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