Why Virtual Is Real: It’s About the Jobs
Bill Gurley has a great post about monetizing social networks. He analyzes TenCent, a Chinese IM company, and uses virtual world examples to demonstrate how social networks could monetize their huge base of users.
Apple’s Vision Pro is a $30 Trillion Product
In 2014, I calculated that Apple’s equity value would be $3 trillion, which it is today. Apple’s platforms have created even more equity value for its developers, who generated over $1.1 trillion in revenue in 2022.
thrv & Jobs-To-Be-Done
I am proud to announce thrv publicly. thrv is the first and only product management application based on jobs-to-be-done innovation theory.
Apple’s $3 Trillion Valuation
Apple just released impressive quarterly results: $57.8 billion in revenue, 51 million iPhones, 26 million iPads, 4.8 million Macs, and 6 million iPods sold.
Pivot Away from Pivot
Pivoting is all the rage in startup land. But it is a concept that I believe is extremely harmful to entrepreneurs.
Fail Fast vs. Zero Burn
Mark Suster has a nice post about the “fail fast” method. He rails against fail fast, and rightly so.
Top 12 Mistakes (3,4, 5)
I wanted to continue my analysis of Marty Cagan’s Top 12 Product Management Mistakes. I already analyzed the first two mistakes here, and I included an introduction to jobs-to-be-done terms.
Venturesome Consumers: The v1.0 Mistake
I’m reading Amar Bhide’s The Venturesome Economy and he mentions Apple’s iPod as an example of “the venturesome spirit of U.S. consumers”.
Why Apple Wins: It’s the Job
Apple’s winning streak over the past decade (OS X, iPod + iTunes, iPhone) is based on helping customers get jobs done better.
93% Chance of Getting It Wrong
Traditional startups are constantly iterating their strategy to find one that works. So it is no surprise that business plans are a waste of time for fundraising.