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Get An MBA, But Not Until You’re Useful
As an MBA working in early stage tech, I’m ambivalent about the current conversation in the community about the value of these degrees. On one hand, I’ve met enough MBA founding teams to understand where the vitriol comes from, but I also believe that my graduate business education has been the most rewarding investment I’ve…
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Don’t Be Busy (self-help post)
I’ve had a pretty full calendar lately. I’ve been trying to accomplish a number of important goals since this year started, both personal and professional, and I’m finding that my to-do list is spiraling out of control. One of the things I learned to do in graduate school was focus on the important things on…
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Content Is King Again
The never-ending power struggle between content and distribution seems to be writing a new chapter around the film and tv worlds. Some very big things have already happened in the first quarter of this year in the media business. These are just a few happenings that have rocked the media biz recently: – Comcast speeds the…
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Diego-San, Humanoid Robot One Year Old
I found this on Singularity and wanted to share it. This is Diego-san, a new humanoid robot who will be developed to help researchers better understand child development and motor skills.With 27 moving parts in its face and cameras in its eyes, Diego-san is able to produce a range of infant-like facial expressions. Pretty amazing…
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Signal in the Social Noise
Eric Schmidt famously said in 2010 that every two days we generate more data that we have up to 2003. To clarify: dawn of civilization -> 2003 = X amount of data this past weekend = X amount of data That’s a mind-bending statement. For a long time, middle management in large organizations has lamented…
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Future Perfect
I just finished reading Future Perfect by Steven Johnson and wanted o recommend it, as well as get the salient points across in words to help me better understand the reading. Johnson takes the reader through vignettes in history, and describes various social structures to make the point that decentralized, or distributed networks of decision-making are generally superior…
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Facebook Stock is Undervalued (or is it?)
Someone asked me to take a look at Facebook’s stock this evening, so I took a page from Aswath Damordaran’s valuations class and did a quick equity analysis, borrowing a number of his assumptions. You can download my worksheet here (Dropbox Link). My analysis generated an implied market cap of about $48 Bn. The stock closed today with a…
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Mobile Advertising Sucks and That Needs to Change
I was not surprised to see a recent report from Trademob finding that 40% of mobile ad clicks are either accidental or fraudulent. When I interned for Jerry Neumann, he had me take a look at the mobile vs. display ecosystem, which I did. Back then I was interested in the differences between mobile and desktop traffic…
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Focus (a.k.a. f(success) = M * (runway / burn rate) )
Of all the characteristics and skills we consider when assessing the quality of a given entrepreneurial team, the ability to focus on the right things is probably the most critical. Any given early stage startup probability of success can be expressed as the relationship between a key problem-solving milestone, the cost of taking a shot at hitting…
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eCommerce Hack Day & The NYC Startup Ecosystem
I had the great pleasure of hitting the demo session for e-commerce hack day ny on Sunday. Anyone who doubts the power and legitimacy of the startup ecosystem in New York City should have checked this event out. A Sunday in August had over 255 attendees, media, a slew of vcs and a ton of great…