December 2007
17 posts
Some incredible stats on Google →
From VC’s New Math: Does Less = More? - WSJ.com
On the Founders Fund: “Mr. Thiel acknowledges his company faced resistance from blue-chip investors when it set out to raise money for its latest, $220 million venture-capital fund. One large institutional investor, who declined to be named, said he was put off by Founders Fund’s anti-establishment pitch.”
This is a good...
“It is not a great step forward to take power out at the top and put it in at the...”
– Peter Drucker, via Nivi
Computers Break at Whole Foods! What to do? Give... →
How’s this for being empowered at work: ‘The Assistant Manager did not consult headquarters before making his decision and said she has heard no negative feedback from the top brass.
“They just totally trust us to do what is right for our customers,” she said. It didn’t appear to be a big deal to the store Manager.’
“Trying stuff is cheaper than deciding whether to try it. (Compare the cost of...”
– An exception to the Google rule? (Addendum: if you’re going to overdo the hiring, err on the side of more engineers.)
“Jenna says: I
Jenna says: l
Jenna says: o
Jenna says: v
Jenna says: e
Jenna...”
– QDB: Quote #81171
“(+ware) I rear-ended a car this morning. So there we are alongside the road and...”
– QDB: Quote #118151
“When you’re given two paths in life, take the one that’s a better story.”
– Ian C. Rogers
“100 million new people are coming online every year, and that will continue for...”
– Marc Andreeson
Noblesse Oblige is Still Alive (in Turkey,...
The founder of a midtier corporate bank called Finansbank, Husnu M. Ozyegin cashed in on a rush of interest by foreign financial institutions in Turkish banks last year and sold a controlling stake in his bank to the National Bank of Greece, receiving $2.7 billion in cash.
Flush with money and ambition, he has spent $50 million building 36 primary schools and girls’ dormitories in the poorest...
L.A. tech party scene heats up →
Parties are a less interesting product of Silicon Valley than the companies that come out of the area, so I think the LA Times is focusing on the wrong thing. Cool that it was Barcamp LA that catalyzed all these get-togethers though.
“The entrepreneur in us sees opportunities everywhere we look, but many people...”
– Michael Gerber, author, entrepreneur
“The critical ingredient is getting off your butt and doing something. It’s...”
– Nolan Bushnell, founder of Atari and Chuck E. Cheese’s
“An entrepreneur tends to bite off a little more than he can chew hoping...”
– Roy Ash, co-founder of Litton Industries
