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The New Business: RIP, Product and Inventory

RIP Inventory and Product

This shit may blow your mind. Consider: Uber is the world’s largest taxi company. It doesn’t own any vehicles. Facebook is the world’s largest media company. It doesn’t produce any of its own content. Alibaba is the world’s most valuable… Continue Reading

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Use Uber for networking

This weekend, my sister-in-law and her boyfriend were in town. Last night, not wanting to assign any adult responsibility to myself or my wife (things we probably really need), we decided to take a couple of Uber rides to bars/restaurants… Continue Reading

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Uber had a $1.2 billion funding round, but please don’t think it’s worth $17 billion

It was the (single-biggest) funding round of all-time, surpassing Facebook from years ago, and it’s been confirmed on their official blog. The valuation is $17 billion, one of the largest tech start-up valuations ever, and it appears “the sharing economy” may be well… Continue Reading