When a blockbuster deal happens, a lot of people get excited. The press is all over it, money comes pouring into startups in search of the next one, people quit jobs and school to get in the game. It's a gold rush. But there's another reaction that I have heard a lot in the past few weeks that is quite different. It is "why not me?" MORE >>

The questioning (negative) press about startup accelerators and incubators isn’t going to stop. It’s going to continue and likely increase. Some of it will be meaningless drivel mixed in with a healthy dose of ranting and raving (not dissimilar to the endless and cyclical discussions on whether we’re in a bubble or not.) seriously. MORE >>

I’m convinced that people who have fun at work are more innovative, as well as happier. don’t have any big scientific studies to prove this, but in my considerable business experience, I haven’t seen many successes come out of a group of fearful pessimists or unhappy people. Rockefeller, knew how to laugh at themselves. Willing to make mistakes. MORE >>

Every week a “we are in a tech bubble” article seems to come out in a major newspaper or blog. People who argue we aren’t in a bubble are casually dismissed as promoting their own interests. 2) Instagram seems to be the case study du jour for people arguing we are in a bubble. 5) No one can predict macro trends. startups MORE >>

On March 20th, 2000 Inktomi had a market capitalization of 25 billion dollars. As a relatively early employee, I was a multimillionaire on paper. Life was good. In the next year and a half the stock went down by 99.9%. In the end, Inktomi was acquired by Yahoo for 250M. What happened? Among other things, Google. You wouldn’t miss it. MORE >>