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Clever....or, not. I agree that Apple's strength of high quality is also a weakness in that it decreases flexibility along with presenting manufacturing challenges. But, it's ridiculous to call them out for not introducing a new product category since the iPad. The iPad was introduced all of 3 years ago. Since then it's been substantially improved (retina display) and a 2nd version was introduced. In 30 years Apple has introduced/changed 4 product categories. A tremendous record. It doesn't happen every three or four years. Ridiculous point #2: Apple has "effectively ceded the battle over smartphone market share..." They sold nearly 40 million in the most recent quarter. Pretty good for not being in the battle.
10 months, 2 weeks ago on Apple continues to “think different” — it’s just that “different” is, well, different
@mcarney some people are bound by ndas and don't violate them. I included that as its my only direct experience. But, my main point isn't dependent on it since sacca not only doesnt dispute but seems to embrace as core to his personal story lying and exploiting rules and people's trust. That is what your story describes and what I commented on. So, why the objection?
1 year, 4 months ago on Sacca: Betrayals at Twitter cut deeper than junior high
Separate from the issue of whether sacca's high risk choices will encourage reckless behavior, I'm appalled by the seeming celebration of behavior that is unethical and, in some instances, perhaps illegal. He used student loans for a speculative activity that is different than the reason the loan was granted. He exploited loopholes in brokerage account rules. As we know, reckless amounts of leverage can create risk beyond the borrower - someone must cover the loss. He created a fictitious company presence and website to establish a phony persona. There is also the matter of consistent accusations of exaggerating his role at google and twitter. I have no idea what he did and didn't do at either institution. But, I don't read similar claims about the many others who have worked at those or similar companies. So, I tend to believe there is some truth to the accusations. Finally, I have direct experience of him greatly exaggerating (he lied) about his role in one deal we were both involved in.
It's unfortunate that journalists and events give Sacca a platform. Contrary to what the writer here says, Chris's story has been told over and over and over. Yet, a lot of what he says goes unquestioned. For instance, has any journalist asked to see his brokerage statements to verify his 100x leverage that is at the root of his tale of downfall and redemption?
Most importantly, why is there even approval of essentially lying your way to success. I am a successful entrepreneur myself. I know the challenges and hustle required to create something from nothing (although as best I can tell, Chris hasn't created anything other than a degree of celebrity.) Lying might be a shortcut to success. But, I would like to think it's not seen as a virtue.