pegobry

9 ms·

61.
by pegobry 17y ago
For answerers: there's the monetary incentive. For questioners: you pay the money upfront, when you post the question. Once you have the answers, since you've already paid, psychologically speaking, it's going to be more difficult to stiff
62.
by pegobry 17y ago
Yes, I know it's similar to Aardvark and other services (particularly in Asia), which I consider a plus: it means the concept's got a future. Just because someone is doing it doesn't mean it can't be a great business for Twitter -- quite th
63.
A business model for Twitter that doesn't involve ads(businessinsider.com)
22 points by pegobry 17y ago|15 comments
64.
by pegobry 17y ago
If they've found a way to stream video so incredibly cheaply why don't they just offer everything for free and make money as a CDN?
65.
by pegobry 17y ago
Yes, those Stone Age hovercrafts were really something. ;)
66.
by pegobry 17y ago
Wireless. Have a technology that combines mesh networking & resilient hardware a la Meraki and WiMax but without the standards wars and the proprietary-ness so that everyone can have cheap, abundant, reliable, free-as-in-speech wireless
67.
by pegobry 17y ago
What's even more "interesting" is the exception to that rule, Huang Gyangyu, up until recently the richest man in China, its "Sam Walton", who was arrested and is still being held for "insider trading", when arresting someone in China for i
68.
by pegobry 17y ago
Yeah, great business leaders never make mistakes. Which is why 95% of computers come with OS/2 and Lotus 1-2-3, right?
69.
by pegobry 17y ago
Actually retailers by definition have negative working capital: their customers pay upfront while they pay their suppliers after 30/60/90 days. Which is why retailing is such a great business (see Wal-Mart).
70.
by pegobry 17y ago
I suppose that's the plan. But I think it's going to be a lot harder to pull off than they seem to realize.
71.
by pegobry 17y ago
What surprises me most is not just that this is Sequoia, but that it's Mike Moritz, one of the most respected VCs in the biz, and not just Amazon but Jeff Bezos, probably the greatest tech CEO today. This seems terribly shortsighted from Mo
72.
by pegobry 17y ago
Re: describing your product matter-of-factly instead of grandiosely. At a Startup School, Greg McAdoo of Sequoia described how they wanted each company to have a one-sentence masterplan and described how they made Cisco change their self-de
73.
by pegobry 17y ago
That is awesome. Great application. I wish more people would post their applications.
74.
by pegobry 17y ago
I agree with you that it's a problem -- as the name indicates, there's a strong offline metaphor for e-mail. But I think the way Wave will get around this is by being used first primarily not as a communications tool, but as a collaboratio
75.
by pegobry 17y ago
Absolutely. Really the main benefit of a business program is the people, and spending two years with really smart people who have wildly different experiences and are passionate about business. Seth Godin had a great post about this. That s
76.
by pegobry 17y ago
Hmmm... Obviously there's a lot more to learn about finance, both market finance (the various types of securities, how they work, how to value them, how to do arbitrage on them...) and corporate finance (financial analysis, stock analysis,
77.
by pegobry 17y ago
I understand how this guy feels, and I've been there. Clearly, his emotions are still very raw from this. But I can't say I agree with his reaction. I was in his shoes in high school, and now, I've been to the top school in the country, wo
78.
by pegobry 17y ago
Great points. I think the bigger point is that it's not so much the formula (how long the program is, how much do you invest, is it a seed fund or an incubator, etc.) as the people who are doing it. I'd travel halway around the world for te
79.
by pegobry 17y ago
I think there are no hard and fast rules about equity sharing. What matters is not so much what each has done as what each will do . So the question is not so much what each side has done but the role you see your new partner taking in the
80.
by pegobry 17y ago
I'm no startup founder (yet!) but as someone who's worked with a lot of them when I was in law, that is the surest recipe for disaster, because as soon as there is a disagreement between the founders there is no one who can make decisions.