A great quote from Ross Perot:
"I come from an environment where, if you see a snake, you kill it. At GM, if you see a snake, the first thing you do is go hire a consultant on snakes. Then you get a committee on snakes, and then you discuss it for a couple of years. The most likely course of action is -- nothing. You figure, the snake hasn't bit... See more
The keynote of [Edison’s] work is commercial utility. He asks himself when a new idea is suggested, ‘Will this be valuable from the industrial point of view?
But with SaaS + fintech, a vertical SaaS company can capture a customer’s traditional software spend as well as the spend on employee and financial services.