Bad analogy. Partners in big firm get big bucks as the "rainmaker", legal skills are not why partners are paid well. If an attorney has only legal skills but no ability to land business, he will always be a junior…
What happens when you get sick and need to take 10 days off? Family emergencies? A company with a "team" can give you that margin of safety. A One Man Band is great, but is not sustainable for long, because life…
I want a better enterprise security environment similar to Blackberry's. More business level productivity suites can be collaborative within a company if only the OS could support it. This is where Win8 holds most…
Trolling for dollars?
The most relevant question is "whether the college experience (including life experiences and consequent employment value) is worth the attached price tag?" It's one thing when you are paying $5,000 per semester, but at…
And this is why Groupon's business model is unsustainable - bad news travels faster and is more vocal than good news. Any business owner on the fence about using Groupon walks away after reading this post.
The "fines for being wrong" can also include lawsuits when you inappropriately reject a customer because what your salesperson thought was Farsi turns out to be some Indian dialect because he's simply bad at recognizing…
The Federal Law says nothing about selling to a person who has no intention of bringing the item back to Iran, but simply has either a Farsi accent or was born in Iran. There was no mention of an Apple policy that…
Makes sense for Verizon, and if they are being greedy, others will step in to fill the void.
It's his "trial" skills. There is a team of lawyers, each lawyer skilled in one particular aspect of the case. Mr. Boies's specialty is pulling all the information collected/discovered by the various attorneys and…
It was not about the apologies but about the business practices that continued unabated. What good is apologizing for beating someone on the head if you continue to kick him in the shins?
Completely agree. Rich black kids would have no problems; poor white kids are just as badly prepared as poor black kids; the common denominator is economic resources more than anything. Being rich affords the child…
I find nothing wrong with the "Me, Too" Startup Syndrome. I know plenty of friends who went to medical school because their parents were doctors, or it's the "Asian thing" to do, and they turned out to be decent…
Let's talk about the mobile only world: would a native mobile app be self-verifying in that only a mobile phone could download and use the app - so every review requires a real smartphone to post the review. Although…
I'd like to throw in the practicalities of survival income that many college applicants fail to appreciate because they are so used to living off their parents' dole. The following are steps that young people ignore…
"These days" means everything after 2010 when the sex scandal+insider trading+FBI sting caused the ouster of super executive Robert Moffat, thought to be the next CEO of IBM.
Zynga's business model is like any other gaming publisher (such as EA, Blizzard, etc.). To succeed in gaming you MUST have a pipeline of games that continue revenue growth. If you cannot create your own, then you must…
Excellent point.
Jason, your gut instinct is correct. Groupon is a Ponzi scheme in every way: last customer in gets no money out. I feel sorry for that Mom & Pop pizza that paid $1,000 to run a Groupon deal, and expecting $300 back…
It is when you need new sales to pay for the cost of maintaining existing client base: 1) client #1 pays you, but you have to give him back half at a future date, 2) while his money sits in your account, you spend it on…
Anecdotally, the first generation of sales rep have nothing but depressing things to say about this entire market segment now. The first year sales numbers were gangbusters, until their clients called back complaining,…
They should have unloaded this fraud on Google when there was a $6 billion cash offer sitting on the table (assuming that was true). The fact that Google even offered that much leads me to believe that they have jumped…
You've nailed it with the last line: "simply becuase they lack the users and culture that instagram have built up." It's all about content, and the content curators and contributors on Instagram are insanely passionate…
Wasn't this the manner in which Google pursued its research initiatives under Schmidt? Total secrecy as to the revenue numbers in order to spend as necessary on research without objection from the shareholders and…
Please also take into consideration the importance of peer discussion and debate. Just reading the books without an intense follow up discussion and debate makes it less likely that you can apply this new found…
Bad analogy. Partners in big firm get big bucks as the "rainmaker", legal skills are not why partners are paid well. If an attorney has only legal skills but no ability to land business, he will always be a junior…
What happens when you get sick and need to take 10 days off? Family emergencies? A company with a "team" can give you that margin of safety. A One Man Band is great, but is not sustainable for long, because life…
I want a better enterprise security environment similar to Blackberry's. More business level productivity suites can be collaborative within a company if only the OS could support it. This is where Win8 holds most…
Trolling for dollars?
The most relevant question is "whether the college experience (including life experiences and consequent employment value) is worth the attached price tag?" It's one thing when you are paying $5,000 per semester, but at…
And this is why Groupon's business model is unsustainable - bad news travels faster and is more vocal than good news. Any business owner on the fence about using Groupon walks away after reading this post.
The "fines for being wrong" can also include lawsuits when you inappropriately reject a customer because what your salesperson thought was Farsi turns out to be some Indian dialect because he's simply bad at recognizing…
The Federal Law says nothing about selling to a person who has no intention of bringing the item back to Iran, but simply has either a Farsi accent or was born in Iran. There was no mention of an Apple policy that…
Makes sense for Verizon, and if they are being greedy, others will step in to fill the void.
It's his "trial" skills. There is a team of lawyers, each lawyer skilled in one particular aspect of the case. Mr. Boies's specialty is pulling all the information collected/discovered by the various attorneys and…
It was not about the apologies but about the business practices that continued unabated. What good is apologizing for beating someone on the head if you continue to kick him in the shins?
Completely agree. Rich black kids would have no problems; poor white kids are just as badly prepared as poor black kids; the common denominator is economic resources more than anything. Being rich affords the child…
I find nothing wrong with the "Me, Too" Startup Syndrome. I know plenty of friends who went to medical school because their parents were doctors, or it's the "Asian thing" to do, and they turned out to be decent…
Let's talk about the mobile only world: would a native mobile app be self-verifying in that only a mobile phone could download and use the app - so every review requires a real smartphone to post the review. Although…
I'd like to throw in the practicalities of survival income that many college applicants fail to appreciate because they are so used to living off their parents' dole. The following are steps that young people ignore…
"These days" means everything after 2010 when the sex scandal+insider trading+FBI sting caused the ouster of super executive Robert Moffat, thought to be the next CEO of IBM.
Zynga's business model is like any other gaming publisher (such as EA, Blizzard, etc.). To succeed in gaming you MUST have a pipeline of games that continue revenue growth. If you cannot create your own, then you must…
Excellent point.
Jason, your gut instinct is correct. Groupon is a Ponzi scheme in every way: last customer in gets no money out. I feel sorry for that Mom & Pop pizza that paid $1,000 to run a Groupon deal, and expecting $300 back…
It is when you need new sales to pay for the cost of maintaining existing client base: 1) client #1 pays you, but you have to give him back half at a future date, 2) while his money sits in your account, you spend it on…
Anecdotally, the first generation of sales rep have nothing but depressing things to say about this entire market segment now. The first year sales numbers were gangbusters, until their clients called back complaining,…
They should have unloaded this fraud on Google when there was a $6 billion cash offer sitting on the table (assuming that was true). The fact that Google even offered that much leads me to believe that they have jumped…
You've nailed it with the last line: "simply becuase they lack the users and culture that instagram have built up." It's all about content, and the content curators and contributors on Instagram are insanely passionate…
Wasn't this the manner in which Google pursued its research initiatives under Schmidt? Total secrecy as to the revenue numbers in order to spend as necessary on research without objection from the shareholders and…
Please also take into consideration the importance of peer discussion and debate. Just reading the books without an intense follow up discussion and debate makes it less likely that you can apply this new found…