When Bad Companies Do Good Things

Entrepreneurs often ask me where good ideas come from. My answer usually is from bad companies. The most obvious example of this is Facebook. MySpace prospered despite its founders’ penchant for pornography, spam and spyware. San Franciscans loved Friendster despite the reputed self-destructiveness of its founder, Jonathan Abrams. Was it really so hard to imagine… Read More

The Age of Revenues

I was talking to a friend in Silicon Valley last night who told me about a consumer Internet startup that is generating tens of millions of dollars in revenue, with eye-popping year-over-year growth. What was striking about the conversation wasn’t the revenue itself, but that I’d never heard of the company it came from. This has… Read More