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.
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.
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 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.
Pivoting is all the rage in startup land. But it is a concept that I believe is extremely harmful to entrepreneurs.
Mark Suster has a nice post about the “fail fast” method. He rails against fail fast, and rightly so.
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.
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”.
Apple’s winning streak over the past decade (OS X, iPod + iTunes, iPhone) is based on helping customers get jobs done better.
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.