Category Archives: Business

Facebook S-1 Analysis by Bill Gurley

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Facebook analysis was all I could find online the last few days — I read a few, but largely (tried) to ignore most of the analysis. But I just read Bill Gurley’s post today as a result of a Tweet by Rich Barton — awesome stuff. Go read it for yourself.

Don’t Be Lazy. DO Something

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I posted this comment on Jay’s “The Value Add of a Real Estate Agent” post, and thought I’d repost it here: I think a lot of what this comes down to, unfortunately, is that many agents (and the majority of people in general) are lazy. Everyone wants the “EASY” button. Instead of actually going and “doing something” like interpreting the Case Shiller market stats, writing a blog post, running your own MLS queries to generate unique market stats, building links, emailing your past clients, paying for SEO, etc — agents would rather sit around and bitch and whine about how unfair what everyone else is doing or why they can’t succeed. You know what…no one … Continue reading

HuffPo to Stream News 12 Hours a Day

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Wow, this is interesting news — the Huffington Post is getting into the streaming news game to take on the likes of CNN. With 12 hours a day of streaming talk show like news. And moving to 16 hours a day next year. I personally think there is already enough news in the world. In fact, 24 hour a day news is kind of a joke if you ask me since it leads to much of the over exaggeration of many of today’s issues that are really A LOT smaller than the media makes them out to be. What do I really wish a media company would do? Figure out how to cover all the good happening … Continue reading

Ideas are Free

Never worry that someone else “stole” your idea. Ideas are free. Execution is what makes you money. I’ve met countless bitter people who “invented Facebook” years before. What Chris said.

Can Peer to Peer Lending Mixed with the Web Wipe Out the Consumer Banking Space as We Know It?

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Why do we need banks? What service and benefit do they truly provide? Of course, they enable you to access your money from anytime, anywhere. I’d argue the main benefit to the banking system is security — knowing that the money you put in will be there when you want to take it out. Sure, the banking system does work, but it’s ripe with inefficiencies and overhead that’s not needed to accomplish its core business. The physical real estate that banks own and operate are largely unneeded to serve consumer needs. They have literally thousands of employees behind the scenes. Again, largely unneeded overhead. Hence my question — can the whole consumer banking system be … Continue reading

Automatic Location Suggestions & Tagging — a Genius Strategic Move by Facebook

We all know Facebook is the largest photo site on the internet. Why? Because they figured out how to tag photos with the people in those photos. The other, and next, holy grail of photos is tagging every photo with the location it was taken with. Why? Because it’s makes them infinitely more findable/browsable, and usable in other applications via an API. It gives those photos added context. Facebook has pulled location tagging off marvelously — they’ve figured out how to suggest locations to tag photos to. Look at the following screen shot. Uploaded with Skitch! The absolute genius move they made? It’s ONE CLICK to say either yes or no to tag an entire … Continue reading

5 Money Making Ideas – Volume 13

Today’s biz ideas come from Nick Loper, founder of ShoeSniper.com. A Cloud-based Personal Shopping Service. An affiliate model that’s free for users, personal shoppers take home 75% of the earnings for their labor, and the company takes a 25% cut for facilitating. This is the natural evolution of Fancy Hands, VigLink, and Pinterest. Priceline for Ski Tickets. Just like hotels, incremental costs for the ski area are very low, so seems like a natural fit. The Most Results-Oriented Gym in the World. Only people serious about making a lifestyle change need apply. Members get personalized workout and diet plans that they must adhere to. They must create concrete goals and post them on facebook so … Continue reading