...definition: “The way that a business converts innovation into economic value.” Steve Blank has his own definition: “A business model describes how your company creates, delivers and captures value.” One very effective way to find a business model is to apply a trial and error process in which the optimal result is discovered via experimentation rather than a grand plan generated at once from whole cloth. As I pointed out in my Eric Ries/Lean Startup post, others believe the truly big and important business models can’t be discovered incrementally. Applying the scientific method to the business mode...
A Dozen Things I’ve Learned From Steve Blank About Startups | 25iq
9 years
Play long enough and you might get lucky – In the technology game, tomorrow looks nothing like today. If you survive long enough to see tomorrow, it may bring you the answer that seems so impossible today.
Don’t take it personally – The predicament that you are in is probably all your fault. You hired the people. You made the decisions. The Struggle | TechCrunch
Don’t take it personally – The predicament that you are in is probably all your fault. You hired the people. You made the decisions. The Struggle | TechCrunch
9 years
This is not checkers; this is mutherfuckin’ chess – Technology businesses tend to be extremely complex. The underlying technology moves, the competition moves, the market moves, the people move. As a result, like playing three-dimensional chess on Star Trek, there is always a move. You think you have no moves? How about taking your company public with $2M in trailing revenue and 340 employees, with a plan to do $75M in revenue the next year? I made that move. I made it in 2001...
The Struggle | TechCrunch
9 years
One of the outcomes of Special Relativity Theory is that a person can travel into the future (but never come back) by traveling at very high speeds. While this effect is negligible under ordinary conditions, space travel at very high speeds can change the flow of time considerably. As depicted in many science fiction stories and movies (e.g. Déjà...
Future - Wikipedia, the free encyclopedia
9 years
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9 years
When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is very probably wrong.
— Sri Lankabhimanya Sir Arthur C. Clarke
...porary, meaning that it won't and thus will come to an end. The future and the concept of eternity have been major subjects of philosophy, religion, and science, and defining them non-controversially has consistently eluded the greatest of minds.[1] In the Occidental view, which uses a linear conception of time, the future is the portion of the projected time line that is anticipated to occur.[2] In special relativity, the future is consider...
Future - Wikipedia, the free encyclopedia
9 years
The pattern of failure has been especially striking in the computer industry. IBM dominated the mainframe market but missed by years the emergence of minicomputers, which were technologically much simpler than mainframes. Digital Equipment dominated the minicomputer market with innovations like its VAX architecture but missed the personal-computer market almost completely. Apple Computer led the world of personal comp...
Disruptive Technologies: Catching the Wave - HBR
9 years
... is its “type system,” which is something like Microsoft Word’s grammar checker, except that instead of just putting a squiggly green line underneath code it thinks is wrong, it won’t let you run it. Programs written with a type system tend to be far more reliable than those written without one—useful when a program might trade $30 billion on a big day.
How Companies and Services Like Facebook Are Shaped by the Programming Languages They Use | MIT Technology Review
9 years
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