startups and investments

culture is one of a company’s most powerful assets right until it isn’t

Benefit of a red ocean is that profit pool is proven

just as tech success is built years in advance, so is failure

“If in 10 minutes you cannot understand what’s going on, it means the person on the other end doesn’t understand what’s going on and there isn’t anything to understand.”

As Kevin Kelly says: “Don’t aim to be the best, be the only”.

Nintendo is the best at this. While Xbox & Playstation were killing themselves to make the most cutting edge high graphics systems. Nintendo came out with a goofy,low-fi Wii.

• Half the price


• Simple games that even your mom could play (wii tennis, bowling)


• Simple graphics (cartoon charac

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Kevin Kelly says: “Don’t aim to be the best, be the only”.

How often do you get the answer "well, we don't know yet if it *is* possible"?

One of the questions I ask startups is how long it's been possible to do what they're doing. Ideally it has only been possible for a few years. A couple days ago I asked this during office hours, and the founders said "since December." What's possible now changes in months.