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The history of money.

almost 3 years ago | From two-bit-idiot.tumblr.com

Ted Rogers, Chief Strategy Officer at Xapo, wrote a blog post last month on the history of money that I finally had a chance to read it on my morning commute.  With permission, I am re-posting it today as a guest Bit.  This is an elaboration on a popular presentation that CEO Wences Casares has given previously at conferences.  (Watch the seven minute presentation he gave via The Big Think.)  Ted bailed me out and wrote a good post on an important subject I've been planning to write up for mo...

       

What your peers are reading!

While seed rounds may seem relatively easy, the next rounds of funding are pretty brutal.
While seed rounds may seem relatively easy, the next rounds of funding are pretty brutal.
Added about 21 hours ago | As appeared first on Medium | Author: Bryce Roberts

I heard from a friend this week that their company was shutting down and, frankly, I was shocked. I wasn’t an investor in the company but I knew their investors well. The company was a darling in their respective portfolios. They were executing incredibly well. Then, they were gone. Where, once...  ...Read more


In a large company “fear of failure” inhibits speed and risk-taking, while in a startup “fear of failure” drives speed and urgency.
In a large company “fear of failure” inhibits speed and risk-taking, while in a startup “fear of failure” drives speed and urgency.
Added about 21 hours ago | As appeared first on Think Growth | Author: steve blank

I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation: “At our company we have a culture that fears failure. A failed project is considered a negative to a corporate career. As a res...  ...Read more


If there was no notch in iPhone X, it would be just a rectangle with rounded corners — it could be any phone.
If there was no notch in iPhone X, it would be just a rectangle with rounded corners — it could be any phone.
Added about 21 hours ago | As appeared first on Medium | Author: Maciej Lipiec

After the iPhone X launch event there is a lot of discussion about its distinctive “notch” at the top of the screen, which is housing the cameras and sensors that enable Face ID. Many people, especially designers, are voicing their opinions that it is ugly and it’s something that is not up to App...  ...Read more


In the days to come, AI will be much more than an economic, business, or competition issue that it is talked about today.
In the days to come, AI will be much more than an economic, business, or competition issue that it is talked about today.
Added 4 days ago | As appeared first on Medium | Author: Vinod Khosla

Artificial intelligence, AI, has grabbed headlines, hype, and even consternation at the beast we are unleashing. Every powerful technology can be used for good and bad, be it nuclear or biotechnology, and the same is true for AI. While much of the public discourse from the likes of Elon Musk and ...  ...Read more


Before you measure your churn rate, first define what constitutes an actual churn event for your business.
Before you measure your churn rate, first define what constitutes an actual churn event for your business.
Added 4 days ago | As appeared first on getcontrol | Author: getcontrol

There’s no doubt that a subscription-based business needs to keep a close eye on its churn rate. But is it necessary to track both Customer Churn and Revenue Churn? And if your business decides to only track one churn metric, should it concern itself with Customer Churn Rate or Revenue Churn Rate...  ...Read more


Successfully establishing a problem/solution fit requires discovering and thoroughly understanding a customer pain.
Successfully establishing a problem/solution fit requires discovering and thoroughly understanding a customer pain.
Added 4 days ago | As appeared first on Medium | Author: Josiah Humphrey

The Startup Genome analysis, which investigated 650 Internet startups, found that “premature scaling is the most common reason for startups to perform poorly and lose the battle early on”. Similarly, a complementary report on 3200 high growth startups revealed that “74% of high growth internet s...  ...Read more


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