If you don’t like change, you’re going to really hate being irrelevant.

Todd Cozzens at MITEF

Posted on Tuesday, May 14th 2013

Mike Goguen at Wharton on where we are and where we’re going.

Posted on Monday, April 1st 2013

Perspective on Apple amid the clamour

apple

This article was originally published by The Financial Times and is now available on ft.com.

It is ironic that both Dell and Apple shared big news last week.

Back in 1998 Michael Dell, then the crown prince of the personal computer industry, recommended that Steve Jobs shut down Apple, which was in dire shape, and distribute the proceeds to shareholders. By contrast, reflecting the turmoil now afflicting all PC makers, Mr Dell is negotiating to borrow money to make his company disappear from public view. Apple, meanwhile, announced that its shareholders would receive a Valentine’s day dividend of $2.5bn – a tiny portion of its $137bn cash pile.

But Apple earnings announced on Wednesday, and the subsequent fall in the value of its stock, grabbed more headlines than Dell’s prospective leveraged buyout. Moments after the financial figures were released, which showed a slowing growth rate, soothsayers took their gloomy predictions to the Twittergraph. The hordes who bought Apple stock in the past few years stampeded for the exits.

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Posted on Tuesday, January 29th 2013

Immigration Reform: Stop Ejecting the Brightest Minds From America

image

Let’s hope Congress does not flinch as it begins the debate about immigration reform because the future is passing through security – in the wrong direction. It leaves the United States on every departing airplane carrying a foreign born student who has graduated from an American university with an advanced degree in the sciences, technology, engineering and math. The majority of these people want to stay in the United States but because of existing immigration laws, they have no choice but to leave.

In Silicon Valley, which has always been blind to any attribute other than ability, everyone knows that the remarkable achievements of the foreign born have led to the formation of companies such as Google, Intel, Sun Microsystems, nVidia, Yahoo! PayPal and scores of others that are less well known. Of the last eleven early stage companies that have allied themselves with Sequoia Capital, seven have had immigrants among their founding lineup. This is not a sudden or recent phenomenon; it has been the leitmotif of our business since the 1970s. However, the number of startups would be even higher if we weren’t ejecting foreign-born students and if we welcomed their contemporaries who have been educated overseas. Today, it is impossible to satisfy Silicon Valley’s appetite for engineers and scientists with people born in America.

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Posted on Monday, January 28th 2013

“This song is dedicated to the people who fight every day in the trenches of entrepreneurship.” Undrip

Posted on Thursday, January 24th 2013

Source lucky.undrip.com

Phil Libin on the impact of Evernote and what’s coming next.

Posted on Thursday, January 17th 2013

Source thisweekinstartups.com

Cisco acquires Meraki: how 3 guys from MIT transformed the networking industry

Meraki founders

Quick: when was the last time you plugged in an Ethernet cable? If you have trouble answering that question, you’re one of the reasons why Cisco has agreed to acquire Meraki.

Six years ago Sanjit, John and Hans saw our Wi-Fi world before many others. Meraki offered smaller wireless ISPs a complete package to roll-out wireless networks without a lot of time, money or expertise. It gave upstart ISPs a way to enter new markets and disrupt existing ones. The benefits were obvious: the ability to scale without wires, low cost of entry, ease of use, and network analysis tools to help operators maximize revenue from their small networks.

I’ll always remember meeting the guys for the first time. We were introduced by Rajeev Motwani, Larry & Sergey’s thesis advisor at Stanford. They were a bunch of MIT PhDs who had built a very proprietary solution as part of their own thesis called RoofNet. They were clearly world-class, super smart and personable. I bought their product to test it out.  It was so easy to use, I set up a wireless network myself in minutes. You just plugged in the box and it worked. That’s all we needed to see. Chris Sacca, who was at Google at the time, was equally enthusiastic. Google bought 1,000 routers and invested as well.

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Posted on Sunday, November 18th 2012