What Entrepreneurs Should Learn From WhatsApp
Facebook’s acquisition of WhatsApp for $19 billion has dominated all news in Silicon Valley for the past 48 hours. Yesterday, I was at a urinal, and a group of people asked me what I thought. Most of the discussion seems to be around whether Mark Zuckerberg was crazy to pay so much for a relatively […]
The Troll Economy
Q: What do you get when journalists get paid by the number of pageviews their stories generate? A: The Troll economy. Not to sound like a grumpy old man (though I am) but what passes for journalism has sunk to a new low. As far as I can tell, headlines are now chosen based on […]
It’s Cheaper In The Long Run To Pay For A Professional
I firmly believe in the truth of the old saying, “It’s cheaper in the long run to pay for a professional.” It’s an axiom that applies in nearly any situation, from decide whether or not to attempt to fix your own plumbing problems, to dealing with groupies if you’re a young All-Star. Yet while most […]
The Mobile Gold Rush Has Just Begun
Mary Meeker is one of the few folks who was a leading figure during the first dot com boom who is still playing a similar role. (Contrast her with Mark Andreesen, who back then was the wunderkind behind Netscape, and today is an elder statesman and VC) That’s actually a good thing, because she continues […]
Why "Enterprise SaaS" may soon be a misnomer
One of the most exciting developments to hit the enterprise software world in decades was the rise of SaaS. Companies like Salesforce.com blazed a trail that built enormous amounts of wealth and improved the lives of end-users. Prior to SaaS, most enterprise software was sold based on perpetual licenses, to CIOs and IT departments, with […]
If Tumblr is worth $1.1 Billion, is Pinterest worth $19 Billion
My friend Adam Rifkin, who runs the awesome PandaWhale (where I get a ton of my news), recently wrote about the Tumblr acquisition for AllThingsD. It’s a smart and well-reasoned essay, which is well worth reading. His basic argument is that Tumble is valuable because it is a massive interest graph: “Tumblr is one of […]
The one number (45) that explains Constant Contact’s success
The Business of Software Conference sounds like a phenomenal event. I haven’t attended it, but I did recently run across one of the sessions from their 2012 conference, a talk by Gail Goodman, the CEO of Constant Contact: For those who don’t know, Constant Contact is a publicly traded online marketing company with over 500,000 […]
The Only Kind of Product That Can Pull Off Freemium
The Wall Street Journal finally picks up on the freemium trend (it’s only been 2-3 years, right?) The problem is, anyone reading the article is probably under the impression that what succeeds and what doesn’t i…
Bought vs. Sold (Why Jive is a dinosaur & Dropbox is the future)
Both Dropbox and Jive are successful companies that are much in the news recently. Jive just filed its S1 for its IPO, while Dropbox raised its first major round of funding at a $4 billion valuation. What’s most interesting to me is that they represent polar opposites in terms of business models. They illustrate the […]
What If Every Developer Focused On Lifestyle Businesses?
I recently ran across this post from Justin Vincent, where he argues that entreporn–the overwhelming focus on chasing “the next big thing”–holds developers back from their full potential. Instead, he writes: “The absolute truth is that each and every one of us can build a business that can support us.” That’s bullshit. While Vincent makes […]
To Make Money, Be A Garbageman
Plumbers and garbagemen make a good living despite their lack of PHP coding skills. That’s because they’re willing to do the necessary but unpleasant.Basic economics teaches us that prices are determined by supply and demand. Scarce skills like being …
What Internet Startups Can Learn From Comics And Porn Stars
It’s no secret that media businesses have struggled with monetization in the Internet era. Journalism, for example, is famously in free-fall. But all the hand-wringing conceals a simple fact: There is a very successful model that has been around for decades, and it still works today. All we have to do is learn from porn […]
