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>>A lot of business books are these pseudo-scientific books that say, “These are the five steps to follow and you will make a lot of money.” But if you have no

>>A lot of business books are these pseudo-scientific books that say, “These are the five steps to follow and you will make a lot of money.” But if you have no formulas, you will be open to some new possibilities, some new ideas. This is the beauty of capitalism...there is no formula for success, which means no one can monopolize or control that formula, and everyone has a shot :)

ignoramous 11y ago
This may be the prime reason that the next Google may not be born out of an incubator like Y Combinator which has a certain way of mentoring start-ups? I have watched all of their mostly awesome 'How to Start a Start-up' on YouTube and the string of advices they give come off as a sort of a rough formula. Although, there are multiple instances where PG and Sam are pretty clear that some of the best ideas are so absurd that most will dismiss it without a thought.
matt4077 11y ago
Some say "owning the means of production" is such a formula. There's certainly a lot of opportunity in technology right now, but capitalism doesn't guarantee such a state. The net neutrality debate is very explicitly about keeping the market open to newcomers.
- bsbechtel 11y ago
  For software...not so much for ISPs. Aside from that though, I'm also referring to sports, arts and entertainment, healthcare, etc. Industries that are driven by cultural trends, such as fashion or music, what I said above is especially true.
- ignoramous 11y ago
  The software field is very picky in what it thinks is right... for instance, iron grip of Apple over the entire iOS eco-system is fine with most developers who'd continue to build on their platform, whilst any such move by a company that isn't really in the tech scene as much (like the ISPs) is scrutinized to hell and back.
  - s73v3r 11y ago
    One has a choice on whether to use Apple or not. In the US, at least, one rarely has choice in their ISP, especially if they want something with any kind of speed. Hence, them trying to exert an iron grip over what people are allowed to access is far more damning.

ignoramous 11y ago

This may be the prime reason that the next Google may not be born out of an incubator like Y Combinator which has a certain way of mentoring start-ups? I have watched all of their mostly awesome 'How to Start a Start-up' on YouTube and the string of advices they give come off as a sort of a rough formula. Although, there are multiple instances where PG and Sam are pretty clear that some of the best ideas are so absurd that most will dismiss it without a thought.

matt4077 11y ago

Some say "owning the means of production" is such a formula. There's certainly a lot of opportunity in technology right now, but capitalism doesn't guarantee such a state. The net neutrality debate is very explicitly about keeping the market open to newcomers.

bsbechtel 11y ago
For software...not so much for ISPs. Aside from that though, I'm also referring to sports, arts and entertainment, healthcare, etc. Industries that are driven by cultural trends, such as fashion or music, what I said above is especially true.
ignoramous 11y ago
The software field is very picky in what it thinks is right... for instance, iron grip of Apple over the entire iOS eco-system is fine with most developers who'd continue to build on their platform, whilst any such move by a company that isn't really in the tech scene as much (like the ISPs) is scrutinized to hell and back.
- s73v3r 11y ago
  One has a choice on whether to use Apple or not. In the US, at least, one rarely has choice in their ISP, especially if they want something with any kind of speed. Hence, them trying to exert an iron grip over what people are allowed to access is far more damning.