The idea behind the Slow Company movement is that instead of trying to be the first or to get the most mindshare or market share of any company in your vertical, you try to make something that people genuinely find useful and are willing to pay for it. And instead of trying to woo celebrities [...] Read more – ‘Slow Company’.
Old, but still worth linking again. First, forget about it unless you are willing to invest significantly and heavily to establish a culture of innovation like Apple’s. Because it’s not just about copying Apple’s approach and procedures. The vast majority of executives who say, “I want to be just like Apple,” have no idea what [...] Read more – ‘→ You Can’t Innovate Like Apple’.
In just over three years, four companies that Fenton invested in while at his current firm Benchmark Capital, or previous one, Accel Partners, have sold for a combined $1.6 billion. Fenton, who ranks on Forbes’ Midas List at No. 50, was an investor in JBoss Inc. (sold to Red Hat Inc. for $350 million), Zimbra [...] Read more – ‘→ What to look for in an Open Source Company’.
Despite Google’s reputation for fostering new companies, many services that nestle into Mountain View’s welcoming bosom are never heard from again. … more Read more – ‘The Google black hole’.
"Why does this matter for India? Look at the market cap of Google ($218 billion) vs Infosys ($24 billion). This is not bubble valuation. Both have similar and reasonably valued PEG (Price Earnings Growth ratio, the only rational way I know to compare two valuations) with INFY at 0.81 and GOOG at 1.30. Google has over 9x the value and is about 15 years younger.
When you read the Google story, you won’t see anything created in a Stanford dorm room that could not have been created in an IIT dorm room. What is really wild is that the barriers have come down even further since Google came to market."
Link : http://www.readwriteweb.com/archives/india_innovation.phpRead more – ‘The State of Innovation in India’.
