Dropbox founder Drew Houston’s response to investors who told him online storage was a commodity
“Frankly, I agreed with them. I was like, yeah, Google can probably do this. Yeah, we don’t really have a lot of structural advantages. Yeah, we’re not really sure how we’re going to make money… That’s all true, but you have to realize that’s not causal. Just because other folks have done something in a way that you don’t think is good doesn’t mean it’s inherently a bad idea… I would ask investors: yes, there are 50 of these things out there, but do you use any of them? And they would say no. And I’d say, isn’t that interesting?”
Video Source: @ycombinator
This Father’s Day, call Dad into a never-ending set wave of surf storytelling. With a new 136-page issue delivered to his doorstep every eight weeks, he’ll be immersed year-round. Hit the link to give TSJ.
https://t.co/oaRnC8DJ7V
One of the great privileges of owning an independent company is that you get to try all sorts of stuff no one else would ever give you permission to do.
And you get to greenlight other people's oddball ideas too. You can — and should — provide cover for weird attempts, strange ideas, and "I mean this will probably never work but..." stuff. Often!
If you are in this position, and you aren't helping unusual things happen, you're missing out on one of life's true pleasures.
Public companies worth billions can't do the kinds of things you can. Businesses that need to justify every move can't do the things you can.
Very few get to do this, and you can. So please make the universe happy and see if that weird, unusual, not-like-everyone-else idea catches fire.
Currently at WSJ Journal House listening to @DollyDeighton interview actor Josh Duhamel who started an agency called Dakota Media with co-Founder Josh Alagra. Most of their clients are Midwestern. Asked why:
“Midwestern clients pay the bills. Quiet brands have deep pockets.”
I've been too long on the mainland
Hotels, rental cars, and phones
Time to cast 'em aside, catch the very next tide
And go BACK, where I belong
Some of us sailors call her home
She's big and she's strong and she's mighty…
Airbnb launching a redesigned app expanding beyond rentals, now allowing travelers to book services and experiences. CEO @bchesky shares the details:
https://t.co/HX2blS57bH