http://technorati.com/chart/Y+Combinator?chartdays=30&language=n&authority=n
483 karma · joined February 23, 2007
I am interested in just about everything: Applied Mathematics, Engineering, Programming, Technology, Astronomy, General Science, Neurology, Philosophy, Psychology, Religion, Books, Military Strategies/Tactics, Politics, Business, Marketing, Economics (Game Theory), Finance/Investment, History, and Art. There is something interesting in everything. I try to steer myself in whatever direction my ignorance leads.
Contact me anytime: Email: jawad.php@gmail.com Phone: 1-416-879-4659
http://technorati.com/chart/Y+Combinator?chartdays=30&language=n&authority=n
Of course, the side effect is that the site turns out to be chaotic; though, it does leave the user with a more personalized experience. Humans have a tendency to prefer choice when given the freedom to do so. And as it turns out, they are not very good at it.
The basic premise is the same as the one mentioned in Biz 2.0 magazine: If there are no ads on your site, you will not make money off of it. If there are too many ads on your site, nobody is going to click on them.
Daniel, thank you for posting this since before reading it, I did not have any factual data to back my claim :)
This is just speculative news. Though, it isn't inconceivable for Mike to take this path. He has, in the past, funded several startups (often unsuccessfully). Moreover, he is a well connected and recognizable individual in this industry; so his background in technology as well as law will certaninly assist him in this respective.
Michael's strength in the online world, however, is also his weakness; TC might risk losing credibility as an unbiased startup blog. It will be like expecting Fox television to provide "fair and unbiased" news :D
http://images.pearsoned-ema.com/jpeg/large/9780133708752.jpg
1. Think big: Since I was developing a micro ISV, I had never really considered scaling the business to millions of customers (aka users). "Hackers and Painters" entered my life just a few weeks before I was about to launch my product; and I realized I had to develop something that can scale. I took a leap of faith and decided to instead pursue web startups; the opportunities for growth were many times in magnitude.
2. There are others like me: Toronto, Canada is not exactly a Silicon Valley. So uptil then, I didn't know there were so many other young entrepreneurs pursuing the same goals as me. Eventhough I wasn't acquainted with other hackers, I could at least gain a sense of security that I am not alone.
3. The Art of the Start: The single most valuable lesson I learned from Paul's book was the governing dynamics of web startups. Before reading it, there was not much inspiration or reason to think big because even if I did venture into online startups, I wouldn't know what to do.
While I have read some excellent books, I can credit Paul's work for watering the first seeds.
Moreover, tagging leaves open the option to build recommender systems through collaborative filtering. I believe one of the reasons Reddit's recommendation tab was broken for so long (and still is) was because it was difficult to relate content without the use of tags.
1. Positioning, 22 Immutable Laws of Marketing/Branding, Focus, Marketing Warfare
2. Purple Cow, All Marketers are Liars, Permission Marketing (I didn't like "The Big Moo", "Free prize inside" or "Small is the new Big").
3. Founters At Work
4. Wikinomics, Wisdom of Crowds, The Tipping Point (Blink! was alright). I am looking forward to reading "The Long Tail" and "The starfish and the spider"...has anyone read them yet?
6. Why We Buy
7. Hackers and Painters
8. The E-Myth revisited
9. The Art of the Start
10. On War, The Art of War by Machiavelli and Sun Tzu (not exactly for startups, but definitely useful)
11. Crossing the Chasm
Anti-trust
Innovation
Competitive advantages
Motivation of entrepreneurs
Maintaining the entrepreneurial spirit
Traditional and non-traditional organization design
What Microsoft and Yahoo does that impresses him
Invention of disruptive technologies
http://www.fastcompany.com/magazine/85/bezos_1.html
Eventhough Bezos is obsessed with good UI's, Amazon has one of the worst user interface. I have observed many people have trouble even logging in to buy a book! The good thing, though, is that these issues are not impossible to solve; implying that Amazon has much more potential than is currently presented.
1. On their way to YC dinner, they got stopped by the police.
2. Using my phone, I got to pass hi to Paul and Jessica and congratulate her on the book's success :)
3. I noticed that about 30 founders attended the dinner. From that, I am guessing there are about 15 groups funded this winter.
4. Some prank caller ordered five pizzas (three they paid for) at Justin's name :s
5. We got to see Trevor's awesome robot, live.
This site definitely has potential to generate revenue. They could embed video advertisements or use sponsored food or cellphones, etc. Justin.tv might fail, but its model could be successfully extended to other reality tv shows. I believe that is the direction they plan on taking :)
Ads pay for Google's multibillion dollar business. They are introducing Pay-Per-Action in order to diversify their income channels, not because Adwords is failing.