Startups Are Sinking. Will Facebook Drown Because Of That?

One thing is no longer arguable among Silicon Valley observers: a time of reckoning has arrived for startups. Many startups, whose growth has been fueled not by profits, but by venture capital dollars, will fail - not because they don't provide good services or because their platforms don't fundamentally make our lives better, but because … Continue reading Startups Are Sinking. Will Facebook Drown Because Of That?

How Do You Build A Tencent For The West?

Today, in China, Tencent functions as a door to the Internet: it often is the very first app people download when they get a smartphone. It connects them to banking services, games, e-commerce sites, taxis/ride-sharing services, hotel and flight booking services, and much more. This metaphorical door manifests itself in real life in the form of a … Continue reading How Do You Build A Tencent For The West?

There’s No Other Way To Put It: Apple Failed

Steve Jobs treated every Apple event like an Apple product: masterful, deliberate, and often times, surprisingly delightful. Every act in a Steve Jobs presentation was calculated to maximize the audience's attention and joy. No one doubted that the products Jobs was going to unveil in each event was going to be anything less than great... but they … Continue reading There’s No Other Way To Put It: Apple Failed

Financial Times’ Disgracefully Misleading Article on Bitcoin

The Financial Times is usually a terrific source for financial news. It's straightforward, unbiased and most of the time, accurate. Unfortunately, the paper fails to live up to that standard on occasions, such as when it published an article  by Dan McCrum yesterday titled "Bitcoin's place in the long history of pyramid schemes". Being an alarmist … Continue reading Financial Times’ Disgracefully Misleading Article on Bitcoin

Be Honest With Yourself: How Is Your Startup Actually Different?

Is Silicon Valley currently in a bubble? Is the party over? Some very smart people are arguing yes. Others are saying no. But what's clear is this: we're at the peak of this ~10 year cycle, and every boom comes with a bust. The players in the game (mainly, VCs and startups) have already began bracing for this cycle's … Continue reading Be Honest With Yourself: How Is Your Startup Actually Different?