know when you’re up to something and know when you’re too early

June 5th, 2012 § Comments Off on know when you’re up to something and know when you’re too early § permalink

Image representing Wists as depicted in CrunchBase

Image via CrunchBase

this story of pinterest before pinterest has many lessons in strategic thinking, that are only attainable the hard way, or by hearing them from someone who got them the hard way.

Wists-ful thinking: lessons from a prelude to Pinterest

Back in 2006, Wists, a visual bookmarking site I had launched a year earlier was gaining traction with women who were into crafts. I showed the website to two whip-smart friends, Shana Fisher and her husband, Jonathan Glick. Like many people, they didn’t buy my argument that collecting thumbnail image links would be a big deal, but they were less skeptical than most. Last year, I got a cryptic Tweet from Jonathan saying, “You Were Right.”

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via: gigaom.com

… and most importantly, realize that if anyone else finds the gold nugget in the same pond, and goes on to find the gold mine, he didn’t steal it from you. this author has great attitude.

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The dangers of relying on startup steroids

May 14th, 2012 § Comments Off on The dangers of relying on startup steroids § permalink

all the entrepreneurs and VCs are drinking the same cool aid most of the time, and some get away with it. most have to come back to earth sooner or later and actually build business that provide hard value.

I find this metaphor of startup steroids very telling:

The dangers of relying on startup steroids

Startup steroids: Pinterest feels the burn of Facebook‘s Open Graph By Ben Popper on May 3, 2012 09:30 am 23Comments A packed room of more than 200 founders, VCs and internet bankers took a moment to look up from their iPhones and listen in hushed reverence as one of Silicon Valley‘s top investors explained what he looks for when choosing the…

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via: www.theverge.com

… another buzzword in the valley these days is ‘virality engineer‘. everyone want one, who will save the startup by providing the growth everyone wants to see.

it’s great that we are aware of the users and obsessed with them, but the hockey stick is the end goal. the goal of an entrepreneur should be to create a sustainably growing organization, mix of products, people and processes that ensure continuos creation of value, with or without the original entrepreneur.

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