An interesting conversation with Peter Thiel. Worth listening to and thinking about why successful entrepreneurship is not about “standard recipes”.
Sometimes models just suck…
A great account of the entrepreneurial journey by an amazing and seasoned practitioner of the art of starting new businesses.
More and more respectable and experienced voices worrying that another start-up bubble may be brewing as too much money is being invested in ventures that do not have a robust business model. Quite clearly, there has been a tendency over the past decade to focus too much on product features and numbers of users, while paying too little attention to the business model, strategy and execution of it. To those who hope to get out of the hole of entrepreneurial passivity or insufficiently robust ecosystems, this should sound as a warning bell that they should not try to copy and paste models that have had the appearance of success elsewhere over the recent years and that they should be careful with easy recipes centred around the hype of lean or agile start-up and the tendency to created businesses without documenting anything in terms of strategy and business model.
Mr. Bruno Van Pottelsberghe from @SBSEM & @Bruegel_org will deliver the Keynote of the #IPSummit on Friday 5th December, at 8.30 am
— Premier Cercle (@PremierCercle) December 2, 2014
Worth watching if you’re interested in new ways of dealing with statistics in the economy for the purpose of decision making. This is about nowcasting, explained in plain English.
(via Stanford University CS231n: Convolutional Neural Networks for Visual Recognition)
"We present a model that generates free-form natural language descriptions of image regions. Our model leverages datasets of images and their sentence descriptions to learn about the inter-modal correspondences between text and visual data."
This is happening.
I am personally skeptical of all the Lean Startup methodology. I think the really great companies did something that was sort of a quantum improvement that really differentiated them.
alainvanhaecke
Les Salons de L'Atalaïde
Restaurant
Chaussée de Charleroi 89, B-1060 Saint-Gilles, Brussels
July 23, 1999
