Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. Twitter showed no focus on revenue in the first five years, but was able to parlay 500 million […]
Successful startups seem to follow similar paths to greatness, and, unfortunately, that path all too often leads them back down the hill much faster than they went up. Big company powerhouses, like IBM and Xerox, took fifty years to make the cycle, but new companies today, in the age of the Internet, often make the […]
A silly study came out of Princeton recently, alleging that Facebook would lose 800 million users by 2017 if it followed the growth and decline pattern of diseases. If Facebook follows that pattern, then sure, it probably will die out by 2017. However, who said that Facebook obeyed the rules of epidemiology? The study suggests […]
Hey everyone, I hope everyone enjoyed my last post on “2014: the Year of the Entrepreneur” – The introduction of the Wasabi Ventures Academy. In it, we discussed how the essence of entrepreneurial spirit is greater than ever before and it’s time to act on it. Through my time thus far at Wasabi Ventures, I’ve […]
Last October, Facebook came around and admitted that activity amongst teenagers was declining on the network. Every big social network–Facebook, Google+, Instagram, Twitter–is still gaining users, but some are growing at a slower pace than before, and exoduses like those we’re starting to see by teens on Facebook have some brands concerned that social media usage […]
I have a different take on Aileen’s post. There is a lot of mythmaking that goes on around Silicon Valley and the startup world — much of it based more on intuition than actual data. Let’s face it, we make decisions and come to conclusions on a daily basis, whether insignificant or important, on nothing more than a whim.
How many times have investors heard startups begin their pitch by touting that their technology is “disruptive?” What entrepreneurs forget, or don’t realize, is that most customers are initially wary of any technology, and that educating the market on new technology is expensive and takes a long time. People buy solutions for their problems, rather […]