@davidcummings There was an abundance of SaaS companies formed from 2012-2014. This vintage is now maturing. It's a great time to be an investor! Agree with answer (sometimes longer)
Robert Smith just paid off the student debt of the entire graduating class of Morehouse College! Announced during his commencement address. Legendary. Well done sir! Very inspiring
I've seen #startups blow major cash when they are in Seed or MVP stage by hiring a team who in the end produces little to no results.
Reasons can be..
1. hiring too early
2. paying too high of salaries
3. hiring specialists and not generalists
#keepitscrappy
@SievertMike There’s always a catch. Like 4% APY on UP TO $3,000 balance, then it’s 1%. That doesn’t really move the needle as much as they make it seem.
Interesting read on the privatization of all aspects of the public prison system and private equity’s role https://t.co/VzmB9HZjzx
#privatization#PrivateEquity
Must admit, I was a bit skeptical at first. Only took me a month to hop on the band wagon. Unfortunately, today, I feel #prime doesn’t necessarily mean 2 day shipping :( #amazon#qualitycontrol
When Prime launched in 2005, Amazon raised the bar for convenience in online shopping.
This is the story of how a frankly bland idea — fast shipping — was powerful enough to alter consumer psychology forever. From @DelRey:
https://t.co/O3QSr9YEvJ
"If you can't give someone three areas where they can improve, you're not being transparent with them." - John Chambers, Frmr. Chairman & CEO of Cisco at #CloudNY
Generally the highest ROI comes from getting even better in areas where you're already strong, not improving in areas where you're weak.
There are important exceptions, but most people focus on their weaknesses too much.