Inspired by this. And I’m gonna run the fucking boston marathon next year.(via bijan)
I was thinking the same thing. Time to run Boston.
After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family.
Just kidding - I was fired today.
If you’re wondering why… you haven’t been paying attention.” —Andrew Mason’s goodbye letter is pretty awesome. (via daryn)
I think Groupon just went from being in trouble to totally fucked.
Intel was started with the help of an immigrant who studied here and then stayed here. Instagram was started with the help of an immigrant who studied here and then stayed here. Right now in one of those classrooms, there’s a student wrestling with how to turn their big idea—their Intel or Instagram—into a big business. We’re giving them all the skills they need to figure that out, but then we’re going to turn around and tell them to start that business and create those jobs in China or India or Mexico or someplace else? That’s not how you grow new industries in America. That’s how you give new industries to our competitors. That’s why we need comprehensive immigration reform.” —
President Obama in Nevada today, laying out a four-part plan for comprehensive immigration reform
I still think it is incredible how the market has reacted to Apple’s last quarter. I am a happy shareholder at 460 and look forward to the day (which will probably not be too long from now) that everyone thinks Apple is a unstoppable company again and pushes the stock to 700 (I am not a crazy believer so I will probably sell around 600-650)
Overall I hate buying stocks and only a medium fan of Apple. But if you take the cash off of their balance sheet the company is now selling at around 6 times earnings.
Wall Street seems to either think companies can do no wrong (see linkedin) or in Apples case do no right.
I am happy to buy the ones that are hated, still have a great future in my opinion and make a ton of money.
When people are worried about competitors copying them they should just look at Southwest. For 40 years their very simple and fairly easy to copy business model has been left alone by all of the other idiots in the business. They all are losing their asses while Southwest continues to make a profit. Amazing
A few weeks ago I was in Paris for Le Web and I think I figured out the best way to call while roaming internationally. There are cheaper solutions out there but this is the best hack for the buck in my opinion.
ATT does a 800mb roaming plan for $120. That puts each meg at $0.15. An average Skype call uses slightly less then 1 meg per minute, so even with the Skype out cost you are under $0.20 cents per minute while roaming on the cellular network. I was worried that the call quality might not be great but in the 4 countries I tired it in (Romania, UK, France and Italy) it was flawless.
You can basically use any VOIP client, I like using Skype because it just seems to work and I have programmed it to show my cell phone caller ID when I call out using it. While this does create call backs to my cell phone I find that so many people screen for caller ID that if I call through anything else I never get through.
If you had asked me yesterday if Apple would have changed their policy based on our canceling the POP charger I would have said that is crazy. We should not have even been a blip on their screen.
However as of a few hours ago it looks like Apple has changed their policy on Lightning and we will be able to make POP. Need to confirm as all of this has come from Apple PR but what a crazy turn of events.
Full story is here, Apple lifts block on combo 30-pin+Lightning charging accessories
… it’s often easier to sell a product that intensely appeals to a narrow market than one that loosely appeals to a broad one. Early in his career, he proved this point while selling educational software.
He discovered that parents making purchasing decisions wanted to know that the product was perfect for THEIR kid. That left his marketing slogan at the time, “Perfect for ages 8-80” dead in the water. To combat this, Gross tested a product called “Jump Start for Kindergarten” and market only to 5-year olds. This product made $5 million in its first year and lead to a franchise for each grade. When originally proposed, the idea was shot down by every sales, marketing, and finance executive at the company as being too narrow. The end result, which came to be only through testing, was the most successful product in company history.
The takeaway lesson is that a more focused product sells better. Tangentially, he said that startups can often use focus as a secret weapon to outmaneuver larger companies. Gross’ closing advice on the subject was: “Focus is always better, even if it’s the wrong focus.”” —Bill Gross: The Best Advice I Ever Received (via msg)