Grok Blog

Kevin Ryan Asks Jetsetter CEO Drew Patterson to Step Down After ‘Mutiny’ From Staffers

 

 

Mr. Ryan said the change at the top was motivated by turnover and morale. “Too many people have left. When you’re the CEO, you’re responsible for that. We’ve had a lot of communication over the last six months on this issue. At a certain point, for myself, you make a change.”

via Kevin Ryan Asks Jetsetter CEO Drew Patterson to Step Down After ‘Mutiny’ From Staffers | Betabeat.

Everything You Ever Wanted to Know About Why We’re Definitely in a Bubble

 

 

Everything You Ever Wanted to Know About Why We’re Definitely in a Bubble | Betabeat — News, gossip and intel from Silicon Alley 2.0..

LinkedIn Cofounder Reid Hoffman Kicks Off the 2012 Guardian Activate Summit | Betabeat

Quote of the article, “‘Magazine’ is a very retro term,” noted Mr. Hoffman.

via LinkedIn Cofounder Reid Hoffman Kicks Off the 2012 Guardian Activate Summit | Betabeat — News, gossip and intel from Silicon Alley 2.0..

Why We Are (And Are Not) In A Startup Bubble

I’m old enough to remember the first Internet bubble, and lately I’ve been having a feeling of déjà vu. While most entrepreneurs and investors seem more disciplined this time around, there are some worrying signs. They include:

via MediaPost Publications Why We Are And Are Not In A Startup Bubble 04/30/2012.

Book Review: What Money Can’t Buy – WSJ.com

I”f you carry market morality to its end point, why should we have merit-based college admissions rather than a simple auction for university slots? Such a change would be enormously efficient—we could be certain that the people who “value” college the most got their preference. But it would change the meaning of “value” as it relates to the idea of the university.”

via Book Review: What Money Can’t Buy – WSJ.com.

Nick Denton wants to turn the online media world on its head

 

 

What’s interesting about Denton’s vision is that plenty of media sites both traditional and digital-only talk about how the “conversation” is the important thing, and how engaging the reader is a valuable tool for uncovering the truth, something that has been accepted wisdom since The Cluetrain Manifesto was published over a decade ago — but very few sites actually follow through on this promise.

via Nick Denton wants to turn the online media world on its head — Tech News and Analysis.

Why YOUR Company Must Become a Tech Company – Apple, Amazon, Facebook, Instagram Lessons

 

 

Apple‘s amazing increase in value is more than just a “rah-rah” story for a turnaround. Fundamentally, Apple is telling everyone – globally – that there has been a tectonic shift in markets. And if leaders don’t understand this shift, and incorporate it into their strategy and tactics, their organizations are going to have a very difficult future.

via Why YOUR Company Must Become a Tech Company – Apple, Amazon, Facebook, Instagram Lessons – Forbes.

Why Instagram is worth $1 billion, and your startup isn’t – VentureBeat

Let’s take a look at why Instagram rocketed into orbit so quickly, while other, similar startups are still trying to light their engines.

First, compare Instagram to another photo-sharing startup, Path. There are many similarities.

Both companies were founded in 2010.

Both companies raised a similar first round of investment in early 2011: $8.65 million for Path, led by Kleiner Perkins Caulfield & Byers and Index Ventures, and $7 million for Instagram, led by Benchmark Capital.

Both were rumored to be angling for a major second round in March, 2012. Path was supposed to be going for a $20 million raise (a rumor the company denied), while Instagram may have actually closed a $50 million round led by Sequoia Capital.

Path created an iPhone (and later Android) app that let people take photos, apply creative filters to them, and share them. Instagram created an iPhone app (eventually, much later, an Android app too) that let people take photos, apply filters, and share them.

They’re also both extremely small companies, with just 13 employees at Instagram and 25 at Path. Back in May, 2011, when Instagram already had 4 million users, it only had 4 employees.

via Dylan Newsletter Template – Version 2.

Get To Work By Meeting Procrastination Head-On

 

 

There’s a huge distance between the physical energy it takes to run on a treadmill–the muscles, calories, and breath–and the often larger emotional energy it takes to head to the gym after a stressful day. Just ask a guy who gained 40 pounds during graduate school.

Rory Vaden is now much more trim, and quite focused on evangelizing the power of self-discipline in books like Take the Stairs: 7 Steps to Achieving True Success. But back in graduate school, it wasn’t really laziness that kept Vaden him from the gym, but self-criticism.

“The number one reason we procrastinate is, we don’t believe we have what it takes to pull it off,” Vaden said in an interview. “You think, ‘I probably don’t have the willpower to see this all the way through.’” You don’t necessarily say this exact line to yourself, though–you create a bunch of things in your head to do instead, even if, in the end, you don’t really do them.

Knowing and acknowledging when you’re actually procrastinating, and knowing what’s likely to trigger it, is probably your best defense against the monster that makes you feel busy without feeling productive. Here’s a few thoughts on acknowledging your misspent moments and not letting it bring you down, from Vaden and other brutally honest sources.

via Get To Work By Meeting Procrastination Head-On | Fast Company.

Sheryl Sandberg Leaves Work at 5:30 Every Day — And You Should Too

 

 

Somewhere along the line, ending one’s workday before 8:00 p.m. became a source of shame and sign of laziness — or at least that’s what many of us have tricked ourselves into believing.Facebook COO Sheryl Sandberg is familiar with the funny, uncertain feeling that comes with checking out soon after 5:00 to be with family, and although she used to worry about what others thought of her departure time which is a completely reasonable hour to head home, by the way, she has finally reached a point where she can take off at 5:30 p.m. without the lingering concern of how others are perceiving her.

via Sheryl Sandberg Leaves Work at 5:30 Every Day — And You Should Too.