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Be Careful not to be Penny Wise, Pound Foolish

Both Sides of the Table

Don’t get me wrong, I do think an important sign from startups is their ability to keep a startup culture going for as long as possible and one sign of this in the early days is scrappiness. It was probably true, but I created the wrong mindset – the wrong culture. I love this saying and what it implies and I use it often.

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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice. While that happens sometimes, it was a challenge for Google because it frequently had trouble adapting from an engineering driven culture. Lesson: Joel had been building a community of readers since 2001.

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What was Nike like as a startup?

Unvalidated Learnings

Such is the company’s current scale and standing in popular culture that it’s hard to imagine it once was nothing more than a scrappy upstart with chronic cash shortages. Their growth naturally slowed down with scale but maintained a remarkable consistency over time: $3bn of revenues in 91, $9.5bn in 2001, $21bn in 2010 and $32bn in 2015.

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