“This puts Microsoft in a tight spot. Apple gives away software for free in exchange for your buying their hardware. This is not charity. It’s also in marked contrast to Google, who gives away software for free in exchange for selling your attention (and personal information) to advertisers. Apple and Google are squeezing Microsoft from both sides, and the result is that less and less perceived value in the industry resides solely in software. You can make money selling hardware (like Apple) or make money selling ads (like Google), but given the popularity of Apple’s hardware and Google’s apps and services, it’s getting harder for Microsoft to make money by selling software.”link >
“Open platforms mean that developers can build apps quickly and without formal commitment to joint research, joint development, and joint marketing. They decouple partners from the platform business’s cycles. The cost of innovation is significantly reduced, enabling many more experiments to be made more quickly, increasing the chance
of a major improvement to the platform business, its customers, and the intermediaries. This is low-friction innovation.”
Elon Musk thought about the long arc of what’s important to humanity when he launched Tesla Motors and SpaceX, not profit. Last night he spoke at Stanford GSB during the 2013 Entrepreneurial Company of the Year (ENCORE) Award event honoring Tesla Motors. Read more #gsbencore13 insights on Twitter: http://stnfd.biz/ptkYw
Mac OS X Mountain Lion - When you plug in a non-touch mouse, scroll-bars appear on every windows automatically.
In the spirit of graduation month (June), worth sinking into Reid Hoffman’s The Three Secrets of Highly Successful Graduates
“Entrepreneurs don’t need to be impulsive, head-strong, bombastic, or have operating experience,” shared Professor Irv Grousbeck in his “Last Lecture” talk with the Stanford GSB Class of 2013. Below are 5 attitudes Grousbeck believes successful entrepreneurs possess:
1. An unending…
“In a small company employees are more likely to optimize for the company rather than for themselves. This is important because employees make lots of small local decisions every day. At a small company there is a lot of social and cultural pressure, often along with direct financial incentive and intrinsic motivation to do what is best for the company. At many big companies the main incentive is to avoid getting fired and to look good, which leads to decisions that aren’t quite optimal for the company.”link >
“If other people can’t use pull-to-refresh, they can never build on top of it either.”
yes. that’s the point. software is an ecosystem. it’s like music. we should not be patenting it.
Loren Brichter -
Modern Portfolio Theory is based partly on the assumption that investors bearing risk need to be compensated in the form of higher average returns on their investments. Stocks are riskier than Treasury Bills so we expect them to have higher average returns and data shows that they do. In this TechCrunch story, Professor Paul Pfleiderer argues that Modern Portfolio Theory is the best investment methodology out there. http://stnfd.biz/kNCGG