Bad actors are quickly weeded out of open networks because consumers have choice
"Our lives are defined by opportunities, even the ones we miss." -  F. Scott Fitzgerald

"Our lives are defined by opportunities, even the ones we miss." -  F. Scott Fitzgerald

When companies aren’t growing quickly or their missions don’t matter as much, that’s when stagnation and politics come in. If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.
The brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. Because the brick walls are there to stop the people who don’t want it badly enough. They’re there to stop the other people.
Randy Pausch
When you combine novice entrepreneurs with inexperienced investors, the outcome is probably not going to be what everyone hopes.

i don’t know if its a “terrible idea” as Jeff suggests in his title. but it will have some terrible individual outcomes.

Why Equity Crowdfunding Is a Terrible Idea | Entrepreneur.com

(via fred-wilson)

Ebay may be a shark in the ocean, but I am a crocodile in the Yangtze River. If we fight in the ocean, we lose — but if we fight in the river, we win.
Jack Ma, Founder of Alibaba Group
"Character is how you treat those who can do nothing for you."

"Character is how you treat those who can do nothing for you."

I’ve said I want to die on Mars. Just not on impact.
Elon Musk, Founder & CEO of SpaceX, about his desire to travel to Mars via rocket, provided it would land safely
The door to the consumer is through the enterprise, not vice versa
Former RIM co-CEO Jim Balsillie, shortly after Apple introduced its first iPhone
Companies are eager to collect data, but that data is worthless until someone translates it into insights that drive business results.
Common sense