Timeline
1967 Born.
1988 Graduates from Tufts University.
1991 Co-founds Ink Development Corporation in 1991.
1995 Starts eBay as homepage hosted by the local ISP.
1996 Ink Development, renamed eShop, sold to Microsoft.
1996 eBay profitable by February.
Don’t fight forces; use them.
R. Buckminster Fuller (1895–1983) US inventor, architect, and philosopher. Shelter (1932)
Of course in hindisght it is always easy to make comments in hindsight and we at www.doitinvest.com can be accused in this blog that this is exactly what we are doing. But without these analysis we would not learn from mistakes and of course we would be doomed to repeat them, which is not the wish of our readers I guess.
The distinction between past, present, and future is only an illusion.
Albert Einstein (1879–1955) US physicist. Letter (March 1955)
Power always thinks it has a great soul and vast views beyond the comprehension of
the weak, and that it is doing God’s service, when it is violating His laws.
John Adams (1735–1826) US president. Letter to Thomas Jefferson (2 February 1814)
Power tends to corrupt and absolute power corrupts absolutely.
Lord Acton (1834–1902) British historian. Letter to Bishop Mandell Creighton (5 April 1887)
In the new organisation, power flows from expertise, not position.
Intellectual capital, 1997
This below is one of doitinvest.com answers to the linkedin questions there. It might be interesting for you, though.
I tend to agree with what has been written below. If you have a project, you should do first an evaluation of it by yourself, then build a solid business plan. The business plan will help you to drive the start-up through the early phases of the development, who are the most critical. It also helps you to clarify what the start-up should be doing and how. Then, and only then, you should present this plan to potential investors.
Every “angel” has his/her own metrics of measurement, but obviously two are always on their sight:
It seems that Sept 11, 2008 was not so bad a day for shares, after all. U.S. stocks rose on Thursday as a report that major U.S. investment bank Lehman Brothers is shopping itself to possible owners, including Bank of America, drove a last-minute increase in financial shares.
All talks today about companies seemed to evolve around two topics:
- how lousy are some sectors in the US business (driven down by the automakers double digit decrease in sales and the retail dipping, except for the ubiquoiutous retail sales), and
- how the communications/internet sectors are getting into even more serious troubles.
