Weekly Buzz: Sit back, relax, and enjoy our curated reads. Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
Among the things that lead normal, well-balanced people to conclude that the IT industry is crazy are the valuations at which internet companies are launched on the stock market and the prices these companies pay to acquire apparently minuscule start-ups. One thinks, for example, of the $104bn valuation of Facebook when it launched in May 2012. Or of the $19bn that Facebook then paid to acquire WhatsApp last February. (The Guardian)
Steve Jobs wasn’t smarter or wiser than the guys at Xerox Parc when he visited their research space in 1979, and he certainly didn’t have anywhere near the amount of backing or resources. What he did have going for him was that he was in a hurry. That’s it. He knew the future when he saw it, and he had a burning desire to get there first. (OpenView Partnersl Blog)
The future looks bright for early-stage companies seeking capital as we prepare to celebrate the one-year anniversary of the JOBS Act – Title I. Emerging growth companies (defined as a company with total annual gross revenues of less than $1 billion during its most recently completed fiscal year) have enjoyed relaxed requirements around fund raising in the public market. (The Huffington Post)
Brand enthusiasts find product recommendations based on prior purchase history to be both helpful and influential, details a new report from StrongView and Edison Research. The study analyzes the impact of digital communication from brands on consumers, noting that email is by far the leading online communication channel in terms of influencing purchases, and that relevant communications that meet expectations for a brand can help prompt those decisions. (Marketing Charts)
As a member of Generation X, I find selfies to be, well, almost comical. It’s photography taken by oneself, featuring oneself, doing nothing other than being oneself. Some have started calling millennials “the selfie generation.” But what does the selfie really tell us marketers about the millennial generation? A lot, I think. With every picture, millennials express themselves and reveal how they prefer to receive information. For marketers, knowing how millennials communicate is key to reaching them and to helping them express themselves through our brands. (PRDaily)
Genius is 1% inspiration and 99% perspiration. — Thomas Edison I don’t think that Edison is 100% right, but I am entirely certain that the hardest thing about being an entrepreneur is knowing what to do every day. And what you do is a function of two things: inspiration and perspiration. (The Huffington Post)
In startups, it’s never smooth sailing. So, don’t plan for the calm, smooth seas you’re hoping to experience. Instead, plan for a hurricane. That way, if you end up with a bit of rain or a small patch of rough water, you’re still over-prepared. (Forbes)
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