27 April 2014

The Up Side of Down, Failing Well, Key to Success

Book Discussion Side | Video | C-SPAN.org: "Megan McArdle talked about her book, The Up Side of Down: Why Failing Well Is the Key to Success, in which she argues that the U.S. is unique in its willingness to let its citizens and businesses fail and says that this is what has made the country successful. During this event, hosted by the American Enterprise Institute in Washington, DC, Ms. McArdle spoke with George Mason University professor Tyler Cowen." (go to link above for video)

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13 April 2014

Bitcoin, Model for Crowdfunding?

The Bitcoin Model for Crowdfunding | Startup Boy: "Bitcoin is not just a protocol or money, it’s a new business model for Open Source Software. Prior to Bitcoin, you had to raise money, write software, distribute your product, build a business model, and work towards liquidity. Angels, VCs, salespeople and bankers guided you the entire way, through a maze of tolls and controls....." (read more at link above)

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06 April 2014

The Future of Venture Capital, Tech Valuations, Fate of Tech Incumbents

The Future of Venture Capital, Tech Valuations and the Fate of Tech Incumbents - Conversation with Bill Janeway: " . . . the core lesson that I learned and teach at Cambridge and Princeton has been that the sole hedge against the inescapable uncertainty of financing startups is cash and control. Unequivocal access to enough cash to buy the time necessary to find out what is going on, meaning what has gone wrong, and enough control to change the parameters of the problem.  Now, in the world of venture capital that typically begins by firing a CEO, but it can involve re-purposing the venture. . . ." (read more at link above)

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The 7 Habits of Highly Effective Mediocre Entrepreneurs | TechCrunch: " . . . . persistence is not the self-help cliche “Keep going until you hit the finish line!”. The key slogan is, “Keep failing until you accidentally no longer fail.” That’s persistence." - James Altucher

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