Maarlon1
- 18 comments
- 7 likes given
- 2 likes received
Bio not provided
I would add, seniors could have great ideas, but young ones cannot have experience and know-kow. So seniors are at advantage from day one. I really wonder why more seniors don't go startup route. If not else, to challenge others. To be honest, why leave so lucrative field to young ones only.
I really respect the Author but this question is obvious, Japanese did that long time ago. Smart company has to have young ones and senoirs. Market is giving confirmation every day, 98% of startups will cease to exist sooner or later. As an conclusion they have to grab every opportunity to enhance their chance of success. Giving chance to seniors is one of the best methods and they should give them royal status. That's for sure, giving (un)success rate of today's startups
Unfortunately this business model is doomed. It isn't qouestion whether LlivingSocial is smart or better managed than Groupon. There is no smart move that could save recording industry. Same goes here.
If that is not ridiculous I don't know what is. On 'Slush' Conference website there is a list of 400 'some of our accepted startups.'
So many startups, time and effort wasted, and how many successfull ones? Rovio and...hmm...Rovio. Don't get me wrong I like Finland, it is not specific finnish problem. Nowadays it is more lucrative to open small corner shop than to launch a startup.
There will soon be more startups than total number of startup users. Whenever bar for entering business becomes so low, business model goes into oblivion. Time to pass startup scene and go on, finding some new lucrative field. Startups are out, students better go doing something more useful.
I wonder how do they lure investors in. Do they say yes it is not new idea but you know our users are female from 23 to 28.5 y.o. Thus we are unique.
Couldn't help myself :)
I have a better ideal. Let's stay in room behind screen forever and live in a virtual world.
So FS started as A and received incerdible valuation for that, only to change its mind and start with B. What kind of a business plan is that hmm.
Can I have 50M USD, I promise I will pivot like crazy until I nail something :)
If we take into account that similar apps pop up all the time, I wonder what is croteria to be written about here on Pando.
software wasn't problem, hype was. People have lost 30B USD, that's problem which will have long term impact. They did it again
@Daniel Kim isn't that discrimination to the outsiders who aren't connected to the company?
@RZ28 I would agree. Groupon business model obviously didn't proved to be long term sustainable, to put it honestly. So this IPO is attempt to cash in chips while there was chance.
@ZivEliraz why do you think employees and friends can be trusted to recommend right people. My guess is that they would try to push their friends and relatives, instead of quality candidates. It happens allover the world. Connected people get a job, and not competent people. For a confirmation, read any news portal ;)
@surrenderdagny umm.. tell that to investors who have lost 30B USD in a week
I really adore and respect those young successful entrepreneurs, but we somehow came into strange environment where only youngsters know how to make things, we ask them for advice etc. Is it really possible that for the first time in history youngsters know better than more experienced people? Does it mean that 30+ with time degradate in knowledge, capability etc.? Because that is exactly happening, in most perspective industry life starts at 20 and ends about at 30
Weird
P.S. this ofcourse has nothing to do with this nice, smart and young entrepreneur.
I could agree. Being passionate about own idea is a good reason to start a company. Starting co. without having idea is not good because there is no passion involved and (prevailing) goal is to ride present trend and try to make some money. This is wrong attitude and I am quite sure this will change.
If you have an idea, believe into it and stand behind it, who can stop you? I thing VC's will start to change their attitude toward this soon or later.
@hamishmckenzie Hamish it's ok to predict major use of mobiles, since we are in the middle of Bell shape i.e. new users will come from less developed parts of the world. But how can you generate rich experience of a large screen on a small mobile. To me personally there are usage advantages of mobile apps (simple and straight apps) but still I find 'classic' web as highly useful. For now classic web leads way 4:1.
We may look it as an symbiosis between mobile, notebook, desktop, iPad and maybe some new formats. Mobile willl have biggest number of users but small mobile will hardly be of predominant importance, except maybe for simple focused tasks. Because with mobile we are going back, it's not progress but limitation.
I don't think I would agree completely. In business they always say to you hold out no matter what. If you start something, you should endure in the first place. It looks abit like a child play, let's start this and that, but we will not commit and believe into it.
Great products in history were always result of stubborn belief into one's idea. If we let go our idea easily, we may as well establish many different projects without real commitment, and let market (and VC) decide what will be success. So if you start a project , you should believe into it and endure. If you start several projects, you also better believe into all of them, othervise nobody will trust your seriousness.
One pivot is ok, but several pivoting iterations and switching projects off-on is really not sign of a serious and capable businessperson.
With due respect, I think author in a way missed point. It's not about old media-new media relationship. It's about Paradigm Shift where probably nothing will remain same. As always during Paradigm shift times, old leaders never remain new leaders. After gasoline engine was invented, no steam engine factory could survive, no matter how rich they were.
Old media corporations so far missed point en grande, it's not how much money do they have. They simply cannot compete because they inherit lagging corporate culture instead of small and nimble startup culture. Money cannot save them because there is not enough revenue to sustain their main advantage -quality, and overall quality of news deteirorates all the time which puts them at disadvantage because of bigger running costs. It happens allover the World
It's not that new/small media will win this race, but they have more chance to find out what will be next sustainable media model. It will probably be far from the one we are familiar with.
To sum it up, nothing can stop idea whose time has come