Gust

NOVEMBER 1, 2012

One reason is that because of rapidly changing nature of business, today’s competitive advantage can easily become tomorrow’s disadvantage…or at least irrelevancy. Think about how useful the name Tote.com would be for a shopping site developing a social-sharing universal shopping bag/cart. Pretty cool, huh? But what happens when that doesn’t work particularly well so they pivot to socially-sharing images?

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collaboration development strategy startup 138

Tomasz Tunguz

NOVEMBER 1, 2012

There’s a Pixar movie that captures the ethos of Silicon Valley’s entrepreneurship culture which it summarizes this way: While not everyone can be a great chef, a great chef can come from anywhere. The magic of the valley is that there is no path, no formula, no stencil for how to be successful. There is no university one must attend, no incubator one must join, no technology one must master to be successful.

entrepreneurs 40

entrepreneurs incubation entrepreneurship disruption 40

This is going to be BIG.

NOVEMBER 2, 2012

I read a post today about Uber, the app driven black car service that really resonated: "Uber's an algorithm-driven company which responds to emotion with facts. However, especially in times of distress, people want to hear empathy, not data.In the wake of Sandy, Uber NYC implemented a set of decisions meant to increase supply (drivers) to meet demand (passengers).

startup 283

startup 283

Berkonomics

NOVEMBER 1, 2012

Lots of people do or will depend upon your leadership in driving growth, stability, and profitability. There will always be times when salespersons or associates provide you with projections for future sales that reflect their inherent optimism. Whether you in turn report to a CEO, a board or just your bank, you must reconcile such projections against the commitment of resources that will drain short term cash in expectation of revenues.

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board leadership culture 54

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Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

technology

Gust

OCTOBER 28, 2012

Larry Ellison Photo by Oracle PR. You don’t have to be likeable to everyone to be a great entrepreneur, just to the people who count. Of course, we can all point to apparent exceptions, like Ted Turner or Larry Ellison, who are sometimes seen as lions, downright predators, or even jerks. Yet I’m told that even these guys are considered quite likable by an intimate group of business and personal associates.

culture 157

culture startup energy advice 157

Tomasz Tunguz

OCTOBER 30, 2012

Peter Senge has been called the most influential business strategists of the century and in my view Senge is the successor of Peter Drucker, the management visionary. Senge published a book in 1990 called The Fifth Discipline which I think every manager, founder and CEO should read. Great companies transcend their great products. Not defined by one product, these companies adapt, innovate and reinvent.

startup 40

startup board innovation development 40

Tomasz Tunguz

OCTOBER 28, 2012

Over the last six months, I’ve been delving deeply into R, linear regressions and machine learning. Part of the rationale has been to remember some of the concepts I learned in grad school studying signal processing. But a more important driver has been the need to better understand how to qualify, evaluate and hire data scientists because data science is a massive competitive advantage.

data analysis 40

data analysis support networking 40

Tomasz Tunguz

OCTOBER 29, 2012

The Verge profiled Google Now, Google’s newest search technology which uses “predictive” queries to show users the information they want to see, before users ask. In a single app, the company has combined its latest technologies: voice search that understands speech like a human brain, knowledge of real-world entities, a (somewhat creepy) understanding of who and where you are, and most of all its expertise at ranking information.

technology 40

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