Ilya Lichtenstein on the Fear of Money:
Their fear is justified, because the second you start charging for a product, all of the bubbly bullshit falls away. The market is cold, rational, and effective. It doesn’t care about your lean startup methods, your rockstar team, or your fawning tech press. All of your assumptions, vision, business plans and pitches are irrelevant.
You’ve either built something worth paying money for, or you haven’t.
What if a little site you love doesn’t have a business model? Yell at the developers! Explain that you are tired of good projects folding and are willing to pay cash American dollar to prevent that from happening. It doesn’t take prohibitive per-user revenue to… Continue reading →
Ethical Coffee Chain. A coffee company that’s different. You’re investing in a specific farmer and can even buy early shares in the company. Interesting concept.
There was hubbub a couple of days ago when Zite, the new personalized magazine app for iPads, was sent a cease and desist letter by a who’s who of media companies. Techdirt published a strongly worded condemnation, including this gem: And, honestly, if creating an app… Continue reading →