Watching the day to day movement of my company's stock was one of the worst mistakes I and many other CEOs made. The Chief Executive of the US shouldn't make that mistake. Neither should our Board of Directors (aka Congress). Ben Bernanke should know better but doesn't. He took credit More...
Billg was berating a group of us. "Somebody's confused. Somebody just doesn't understand. You guys are all wrong. I'm not going to use this thing!" The camera cuts to me looking dour, then back to Bill. The episode is part of a More...
As a former founder and CEO of a public company, I understand why Facebook founder Mark Zuckerberg wants to raise money without taking his company public. During the dot.com bubble ten years ago, many companies, including mine, went public too soon – most before they were profitable, some before More...
It's the lack of exits that's a problem amid the deadly clamp of panic throughout the economy - a far cry from the irrational exuberance that drives entrepreneurs (and their investors) and which brings us trouble and fraud as well as greatness and "slumdog millionaires".
No matter how mu More...
"Thanks but no thanks" is Fred Wilson's prompt response to Tom Friedman's column suggesting that $20 billion in bailout funds be More...
Can you charge for your new Internet service? You're always up against the expectation that Internet services are free. Moreover, you won't grow as fast if you charge as you will if you give something away. On the other hand, a service has to be very large and have lots and lots of hits (or be do More...
A free market demands pay caps for those who have been insulated from failure. Should've been in the bank bailout bill from the beginning (although there shouldn't hav More...
Programming contracts can fund development of your breakthrough product when no one else will; and contracts are a good way to keep eating while you pursue your dream. This strategy takes more patience than would be needed if you could get angel or venture funding to pay you (and any associates) More...
Cloud computing isn't just for little guys anymore. Both local hosting businesses and MIS-managed computer centers are likely to disappear into the clouds in the next couple of years. Small is NOT beautiful in host computers anymore. Amazon (for example) CAN do it better and cheaper than you. More...
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