Don’t be surprised that some multimillionaires in Silicon Valley don’t feel rich. That’s exactly what a bunch of psychological and behavioral economics research predicts. We care more about relative wealth than absolute.
The research says this: while absolute income matters, relative income matters more, once you’ve reached a certain standard of living. That’s because human beings […]
The idea that free is a business model. Free is not a business model, it’s a tactic. It can be a very powerful tactic in the right hands–and with the right business model. I’d love to see more startups come out saying “our web app is so good… we’re going to charge you for it. […]
February 19, 2007 – 5:47 pm
Johnnie Moore on enthusiasm (via James):
I found the original meaning of enthusiasm, from the Greek, was (my italics):
inspiration or possession by a divine afflatus or by the presence of a god
If you like, enthusiasm is about showing up in the here and now - a good way to counter anxiety, I find. You can invoke […]
January 3, 2007 – 10:23 am
Erick Schonfeld writes about what web widgets will do to the economics of the web:
With widgets will come ad buttons and sponsored marketing messages gussied up as content. In an attempt to break through the clutter, advertisers will be creating even more of it. Widget startups will spring up that not only disseminate information to […]
December 10, 2006 – 4:36 pm
I read Michael Goldhaber’s draft chapter on how attention works for his book on the economics of attention this morning. I have many thoughts after reading it, but no firm conclusions, so this post is of the thinking out loud type.
What’s the context? That clearly we need a post-industrial economics, something other than an economics […]
November 7, 2006 – 3:13 pm
Adobe has announced the open sourcing of its ActionScript virtual machine to Mozilla through the Tamarin project. This does not in any way mean that Flash itself is being open sourced, so don’t start thinking about some utopia where Flash and Ajax dance harmoniously together. The main benefit to Firefox users should be faster JavaScript […]
October 15, 2006 – 9:30 am
The announcement of TechDirt’s Insight Community shows the possibilities for eBay-like technology analysis marketplaces. TechDirt’s offering gathers together a group of curated bloggers who offer anonymous responses to companies that want feedback on specific issues. The companies as well remain anonymous, in a double blind setup that protects competitive intelligence and the blogger’s reputation at […]
September 27, 2006 – 2:23 pm
Christine Herron is blogging from DEMOfall, where new technology is exhibited to a crowd of venture capitalists, journalists, entrepreneurs, and business executives. I was intrigued to read Christine’s description of PostPath, a Linux-based replacement for Microsoft Exchange server. After the onslaught of web-based Microsoft Office replacement wannabes, it’s nice to see a company aiming at […]
August 31, 2006 – 12:30 pm
UPDATE 9/2/06 10:50 am: Check out my proposed marketing solution to the where are the women problem.
The “where are the women” question has arrived in the hallways of the U.S. Supreme Court:
Everyone knows that with the retirement of Justice Sandra Day O’Connor, the number of female Supreme Court justices fell by half. The talk of […]
This May 2004 article from Harvard Business Review argues that teams that are geographically distributed can be more productive than traditional teams:
Remarkably, an extensive benchmarking study reveals, it isn’t necessary to bring team members together to get their best work. In fact, they can be even more productive if they stay separated and do all […]