This is what a D&B infographic circulated a while back citing a Butler Group report. Venture Beat wrote an article calling this stat nonsense and that it was never reported. However there was a lot of discussion around this in media. The factors behind seems plausible – so someone took a lot of trouble to make the stats look believable.
I keep looking for ‘lessons from Uber’ articles. The lessons below are from Vishwas Aggrawal or Vish, with a 4.99 rating after 5000 rides. (you saw it right). That’s right up there with Six Sigma!
Tom Zsomborgi is the CFO of Kinsta a managed WordPress hosting company. One of the most simple and honest summary of growing your saas business is his post in the Kinsta Blog earlier this year.
Women (founders) are more likely to say they want to “change the world” : Global Startup Ecosystem Report 2018.
I wanted to take a peek at last years Startup Genome Global Startup Ecosystem Report – 2018 (new one due next month) and in continuation of my post ‘Women make 25% less than men’ – last Sunday(10th March) I wanted what the surgery said about Startup Founder – both female and male.
$100 invested in Nike (IPO:1980) is now $6.07M, while in Alphabet (Google; IPO:2004) it is $2.6K. $100 in Walmart IPO in 1957 is now $1.24M while in Amazon (IPO:1997) it is worth $120.6K. In both cases the time period is obviously not similar. $100 invested in Apple (IPO:2002) is currently $43.4K. So what is the point? First, Tech companies are historically not the best Return on Investments (at IPO for retail investors, VC’s typically would have taken their share out during the IPO itself).
The change in the B2B sales process was apparent several years back and HBR has been in the forefront of reflecting the shift. Not necessarily in these exact terms. Take for example the article “The New Sales Imperative” written by Nicholas Toman, Brent Adamson and Cristina Gomez of CEB. The shift is from ‘the customer purchase from us’ journey to a ‘proactive, prescriptive approach that guides customers through decision making’ journey
Gary Vaynerchuk is either loved or hated. Over the past several months he has been very active on LinkedIn. Something he wrote sometime back stayed with me – “The truth is, the way to win on social media is to actually be social. ….The only real way to do this from scratch is to become part of the conversation”.
January 29th I wrote about the Rule of 40. The reference was to posts in 2015. There is new data in Piper Jaffray’s 2018 Software Market Review which was analyzed by Dave Kellogg.
What excites me about this time we are living in, the connectedness and this whole urge to share is – the knowledge you can find freely shared by those who are in the trenches. They think nothing of telling you about experiments and learnings, what they found, what worked for them and what didn’t. Being part of a generation that used rotary phones and lived without, electricity (well, for large parts of the day, Calcutta in the ’70s), television, computers and information, it fascinates me how we have come to be in a world where literally everything is just a search away.
Warren Buffett took early retirement at 26 from his teaching job and invested his retirement fund of $174,000 in his own investment business. A billionaire by age 46, (current net worth $83B) his insightful Letters to Shareholders carried unforgettable wisdoms and have become an annual must read for the investing and business community since 1977.
