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Remove the legend to become one — Remains of the Day
So the other lesson is that you have to be willing to move on, even if you've got a real success. That was, in fact, the same problem that Xerox had. Because the 914, the original copier, was so successful, they couldn't look at a business that didn't have a "b" in the dollar amount. Unfortunately, new businesses start out small and grow.
... See moreJessica Livingston • Founders at Work: Stories of Startups' Early Days
One of the most difficult things to forecast was our adoption rate. We were a public company, though, and while Jeff would say, publicly, that "in the short run, the stock market is a voting machine, in the long run, it's a scale," that doesn't provide any air cover for strategic planning. It's your job to know what's going to happen in the future ... See more
Remains of the Day • Invisible asymptotes
- DR has commoditized “thesis development” and “market research” in VC so larger AUM and more resources no longer an advantage
- Everyone will rely on the same research and converge on the same opportunities (defencetech! agents! )
- To outperform, VCs will make “irrational” decisions based on non-quantifiable “gut-feel” (crypto again?, rocket cargo? tem
data-driven VC is over
Wilke was charged with finding his own replacement. Wilke thought that Amazon’s progress in its FCs had plateaued, so instead of promoting from within the ranks of Amazon’s logistics executives, all of them molded, as he was, by the dogma of Six Sigma, Wilke went looking for someone with a fresh approach and additional international experience.