Image via Wikipedia Entropy is the measure of disorder in an isolated system. Scientists have theorized that there is a natural tendency in the universe for systems to move from order to disorder, but not vice versa. The theory is common to our human experience. Time and again we are able to validate the tenants of the theorem through empirical observations. [...]
Image via Wikipedia SaasBlogs has an interesting question on pricing for SaaS companies – When should software be sold pay per use? Why did I find the post, and related comments, so interesting? Specifically because the question is central to almost every business, and answering it requires thoughtful consideration. The author postulates that there are two primary pricing options [...]
How have you dealt with your limiting constraints? Were you successful? In Scott Beck’s address to the team at Envysion, he shared two specific strategies that he has utilized at the companies he has founded and led. Thanks again, Scott, for sharing your insights! Alignment The alignment of a company is of utmost importance. And it [...]
Scott Beck met the team at Envysion yesterday morning. On behalf of Envysion, thank you Scott for taking the time to speak with us! In his address, Scott shared his thoughts on what is required to create successful businesses. These include an attractive and addressable market, a compelling value proposition for the customers, and a committed management team. [...]
Image via Wikipedia A couple days ago Matt Steinfort posted on the significant investment dollars that are funding both start-up and well established companies in the broader video market. Is this another case of irrational exuberance? Not by a long shot. Capital infusions of this significance are not executed on a whim. The investors conduct extensive research on [...]
Image by doublelibra via Flickr I read a good post by Brad Feld dealing with a recent accounting pronouncement (Feld Thoughts – FAS 157 – Another Annoying Accounting Provision). He promises more on the subject, and I’m looking forward to the posts to come. Now that I’ve mentioned accounting, I’ll pause briefly, allowing you to complete your yawn. . . but [...]
Image via Wikipedia You may remember the hilarious SNL character Theodoric of York, Medieval Barber. If not, here is a link to the hulu site. Theodoric of York (clip) It’s certainly easy to laugh at the ignorance of our ancestors. Then again, I wonder if we’ll be proud of all the things we “know” 100 years from now… What [...]
Image via Wikipedia In my post yesterday, I introduced the subject of the Birthday Problem. Did you try to guess at the answers? For those of you previously unfamiliar with the Birthday Problem, I suspect that your guesses, unless you took pencil to paper, were rather inaccurate. It is still surprising to me that you need only [...]
Image via Wikipedia While our country celebrates its birthday today, here’s an interesting problem from the field of mathematics. I first learned of the Birthday Problem in a statistics class I took at NYU (at least I remembered something, Professor Melnick). In summary, the Birthday Problem calculates the probability that at least two people from a randomly [...]
Image via Wikipedia Independence Day in the U.S. is celebrated as the birth of the nation. Although independence was not assured (it took nearly eight years of war, and another five years until the Constitution was ratified), the signing of the Declaration of Independence was a pinnacle moment. There was no turning back for the [...]