Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.
More than once at TechCrunch, we made AOL extremely uncomfortable with things that we wrote. But they never ordered us to write or not write about something because they understood that not only would we not comply, we'd write a post about the whole thing.
Friendships and marriage are far more potent than financial conflicts. Michael Arrin
Sometimes I have so many financial conflicts of interest that I can't even keep them straight.
A business model that hasn't been tried before is always interesting, even if it's likely to fail.
Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've
That first company I started made a lot of money for the venture capitalists - nearly $30 million - but next to nothing for the founders. The companies I started after that varied between failures and mediocre successes. But at no point did I ever consider getting a 'real job.' That felt like a blac
If AOL had ever ordered me to remove a piece of content from the site for any reason, I would have immediately written about it and disclosed the situation to our readers. And if I had ever ordered a writer to remove content, I would have expected that writer to have done the same to me.
I'm worried about privacy - the companies out there gathering data on us, the stuff we do on Twitter, the publicly scrapeable stuff on Facebook. It's amazing how much data there is out there on us. I'm worried that it can be abused and will be abused.
Talking about Apple v. Microsoft without mentioning the Internet and the browser is like talking about WWII without talking about the nuke. Framing the conversation just in terms of open v. closed operating systems, the quality of the hardware or software or who the CEO was, is silly.
I live a fairly simple life, and that didnt change much after I sold TechCrunch in 2010. I didnt buy a new house or even a new car. The one thing I did splurge on was a boat. Nothing too fancy or large.
Journalists hold themselves apart, and above, the common person. They have rules designed to ensure their objectivity and impartiality.
Everyone wants the rich to pay more in taxes.
Im nearly certain that Google accessed my Gmail account after I broke a major story about Google.
If a tech journalist needs financial security before doing what their conscience dictates, I'm not sure they should be calling themselves journalists at all.
If you really care about Facebook likes, don't just post your stuff to Twitter and then rely on it being republished automatically to Facebook. In my sample size of one, Facebook penalizes you significantly for that and shows that content to far fewer people.
My first impression: It's fast, slick, and stable.
I'm a creature of startups. For example, I don't want government interference in the startup ecosystem.
Startups Are Hard. So Work More, Cry Less, And Quit All The Whining
I am a partner at CrunchFund, a venture capital firm with investments in many startups around the world. I am also a limited partner in many other venture funds which have their own startup investments.
Leaving America means renouncing your citizenship, moving out of the country and leaving family and friends behind. You can retain your citizenship if you like, but you'll still be away from loved ones and still be paying taxes. You lose all the good stuff about America and have to keep all the bad
The main thing to know about me is that I'm a champion of entrepreneurs and the startups they build. They are my rock stars. If in doubt, I side with them, and that's clear from my writing.
We live in a world where you're not being eaten by a lion when you fail, you just have to get another job.
Some people ask why we don't just wait until we have the whole story before posting. The fact is that we sometimes can't get to the end story without going through this process... When a story is up and posted, it's amazing how many people come out of the woodwork to give us additional information..
I've always believed that government tends to screw up whatever it touches, but Obama in particular seemed different. He understood tech issues that left the other candidates bewildered. Part of it may be his age. But whatever the reason, I had real hope that he could help lead us into a new century
I think it's clearly Yahoo. Microsoft and Yahoo like each other and have worked together in the past.
Just pick a political story at random and read the comments. There is no logic or reason on either side - only hypocrisy and hate.
I remember endless Apple v. Windows debates in the early '90s when I was in college. Macs were better machines, everyone said; the whole Office thing was a huge pain. It was difficult to transfer files between operating systems, and generally speaking, if you wanted to do Office stuff, you needed a
The problem isn't that Silicon Valley is keeping women down or not doing enough to encourage female entrepreneurs. The opposite is true. No, the problem is that not enough women want to become entrepreneurs.