My boss when I worked in London—someone who’d published Booker Prize winners, remember—used to say that two-thirds of publishing is about failure. I agree with that: it’s the nature of the business. And yet publishing is an industry that keeps attracting to it, in various ways, people who want it to be two-thirds about success. […]
startups
Posted inNonfiction, Quotes
Why the Uber and Lyft Battle Turned So Ugly
Uber’s aggressive tactics reflect the fact that ridesharing is largely a zero-sum game: a driver picking up an Uber customer can’t simultaneously pick up a Lyft customer. (Drivers are allowed to drive for both services, though the companies discourage the practice.) Having more active drivers on the road creates a virtuous circle that improves geographical […]
Posted inNonfiction, Quotes
The Founder of Flickr and Slack on the Psychological Torture of Selling Too Early
Stewart readily admits he sold Flickr too early. “If we had waited six months we would have made much more money. If we had waited a year we would have made 10 times more money,” he says. He regrets it now. But at the time, after the dotcom crash, the Nasdaq plummet, and September 11, […]
Posted inNonfiction, Quotes
The Painful Business of Running a Franchise
It’s not just the workers who get a lousy deal. Over the years, Bob Baber, the Quiznos franchisee, became increasingly frustrated by the terms of his contract. One of the issues that galled him the most was that Quiznos was allowed to (and did) place additional sub shops in his franchise area, creating what he […]
Posted inNonfiction, Quotes
The $30 Million Clinkle Mystery
Clinkle’s growth team proved effective at signing up more than 100,000 would-be users — this, despite being a little hazy about precisely what they were selling. Says one former growth team member, “I never saw a direct demonstration of the product.” The growth teams met ambitious goals by targeting the most influential students on campus, […]
Posted inCollege, Nonfiction, Uncategorized
The Creeping Tech Angst in Silicon Valley: Our College Pick
Yiren Lu, a recent Harvard grad who now studies computer science at Columbia, takes a step back from the startup world to wonder what it means for our tech infrastructure when all the bright young things want to make apps but aren’t skilled in networks and hardware — the stuff that makes the Internet go. […]
Posted inCollege, Nonfiction, Uncategorized
The Creeping Tech Angst in Silicon Valley: Our College Pick
Yiren Lu, a recent Harvard grad who now studies computer science at Columbia, takes a step back from the startup world to wonder what it means for our tech infrastructure when all the bright young things want to make apps but aren’t skilled in networks and hardware — the stuff that makes the Internet go. […]
Posted inUncategorized
“The Story of a Failed Startup and a Founder Driven to Suicide.” Alyson Shontell, Business Insider.
Posted inUncategorized
What does it take to get a tech startup funded? Inside the competitive selection process for one incubator in New York City: The date is January 24, one day after applications were due for TechStars, a three-month mentorship program that is part boot camp, part investment fund. Some 1,480 young companies have filled out a […]