Facebook inflated its video metrics, a bunch of digital media executives carelessly pivoted to video in the hopes that they would become essential content suppliers to Mark Zuckerberg, and then he imperiously killed them all because he realized it was far easier to negotiate with an infinite supply of individual burned-out Instagram influencers.... See more
There is no point to having a large backlog because the bigger the backlog, the higher the unvalidated assumptions, and the lower the chance that it creates any customer value. I have made too many mistakes assuming that something is valuable, when nobody cares about it. A large backlog should be looked at with an extremely high degree of... See more
I worked on Google Maps monetization, and then on Maps itself.
Monetization was a dismal failure. I don't know how well they're doing now, but Maps was a gigantic money-loser, forever. I'd be a little surprised if it didn't still lose money, but maybe less. I don't what those "pin ads" cost, but I'd bet it's way less than a search ad.
“There was a long period of time where the right thing for [Isaac] Newton to do was to read more math textbooks, and talk to professors and practice problems ... that’s what our current models do,” said Altman, using an example a colleague had previously used.
But he added that Newton was never going to invent calculus by simply reading about... See more
, when today's executives think about search, they think about making money from search. Whether you find what you're looking for has become incidental at best.