Archive for February, 2011

At the end of the day, Twitter is a tool, it is a pipe, it is aAprotocol, it is a platform, but not the same kind that Facebook is. AThat leaves a large conundrum for Twitter as the pipe is a much more difficult business to monetize.

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Posted: February 18th, 2011
at 11:19am by Koookiecrumbles


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No decision is forever. Every choice needs to be revisited as a company progresses. And the younger the company, the more frequently key decisions and strategies should be evaluated. After all, the market changes. The product changes. And the organization itself changes.

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Posted: February 18th, 2011
at 11:11am by Koookiecrumbles


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What a deep conviction of the rationality of the universe and what a yearning to understand, were it but a feeble reflection of the mind revealed in this world, Kepler and Newton must have had to enable them to spend years of solitary labor in disentangling the principles of celestial mechanics! Those whose acquaintance with scientific research is derived chiefly from its practical results easily develop a completely false notion of the mentality of the men who, surrounded by a skeptical world, have shown the way to kindred spirits scattered wide through the world and through the centuries.

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Posted: February 18th, 2011
at 11:10am by Koookiecrumbles


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Every fresh idea usually has thousands of entrepreneurs around the world toying with it or building it. Simply because they have foundations in common trends, insight and technology evolution. So next time you see your 'idea', being brought to life, remind yourself that you didn't 'do' anything about it. And then resist the temptation to suffer from Winklevoss Syndrome. Instead we should go and build something and see how limited the value of the original idea is.

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Posted: February 18th, 2011
at 11:09am by Koookiecrumbles


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Unfortunately, economists sometimes forget these basic principles and often get caught up in the details of esoteric model-building, high theory, academic research, and mathematics. The dismal state of the profession was expressed recently by Arjo Klamer and David Colander, who, after reviewing graduate studies at major economics departments around the country, asked, Why did we have this gut feeling that much of what went on there was a waste?

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Posted: February 18th, 2011
at 11:06am by Koookiecrumbles


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Just as free flowing capital is essential to a smooth running and productive economy, so too is the free flow of "capital" in the software development industry. Capital in the software business is the collective of programmers, designers, testers, managers, and all the people who come together in an intellectual exercise, bringing their skills, ideas and efforts to bear on the challenge of important business opportunities. Non-compete agreements inhibit the flow of resources from less productive uses to more productive ones. They potentially keep valuable people stuck in ineffective companies and drag down the whole industry as a result.

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Posted: February 18th, 2011
at 11:05am by Koookiecrumbles


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IBM's Watson, king of theAJeopardy game, has proven the obvious. On the final day of the game it defeated all time best of the Jeopardy (Ken Jennings and Brad Rutter ), winning $77,973. Credit for this victory goes to IBM, Dr. David Ferruchi and his teams.

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Posted: February 18th, 2011
at 11:04am by Koookiecrumbles


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Success in modern post-industrial societies is all about reaching long-term goals. We’re way past the time when strength, nimble feet, sharp eyesight and quick reactions could earn a hearty meal.ANow to be successful we have to set goals and work slowly but surely towards reaching them. It isn’t easy. Partly because it’s so hard to predict how our choices will pan out and partly because goals that are worth pursuing take a long time.

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Posted: February 17th, 2011
at 8:48pm by Koookiecrumbles


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Bottom line- Minimum Viable Products are supposed to suck. If you can't identify a key way in which your first release blows, you haven't cut enough. Cut more. Cut deep. Cut until you're embarrassed. If 40% of people don't hate your product in the first version, you launched too late. A AIf 100% of people hate your product in the first version now you know the problem- your idea sucks!

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Posted: February 17th, 2011
at 8:42pm by Koookiecrumbles


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