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Month: November 2018

Big Tech is riding the same rails as robber barons of the past

Big Tech is riding the same rails as robber barons of the past

The Last Spike, 1869.

The tech industry – in particular, the FAANG stocks – have hit a strange inflection point. They’re taking a beating on Wall Street. And Facebook is under attack from all sides.

There was The New York Times piece (Delay, Deny and Deflect: How Facebook’s Leaders Fought Through Crisis), which was written with the assistance of no less than 50 sources.

An international committee of foreign governments has requested that Zuckerberg appear before lawmakers to face inquiries, particularly into disinformation, election meddling and privacy issues. Zuckerberg refused. Read More...

Anyone Can Start a Company – Not Everyone Can Build a Business

Anyone Can Start a Company – Not Everyone Can Build a Business

 

It’s not easy building a business – and do notice that we say ‘building a business’, ’rather than ‘starting a company.’ Anyone can start a company. Not everyone can build a business. To help you to get to the latter, we thought we’d offer some handy do’s and don’ts. They’re obvious enough. One would hope, although we are admittedly the consummate optimist.

There are two popular misconceptions of which founders need to be disabused (ok, there are many, but we’ll break it down as we go): Read More...

Entrepreneurial Wisdom: Overnight Success Takes 10 Years

Entrepreneurial Wisdom: Overnight Success Takes 10 Years

We’re going to share a tale and some wisdom that angel investor and serial entrepreneur Stephen Messer shared with our attendees at one of our recent investor breakfasts:

“This is your community. It’s a lonely, lonely place, as you know. And everyone tells you how great it’s going. It’s not. When everyone says it’s so great – it’s going horribly. So I give you lots of kudos for making the effort – it’s not easy, but you’ll do great. It goes horribly, horribly, horribly for years, then it goes great. That’s sort of the thing about entrepreneurship, as you know. Read More...

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