Per Hakansson's Profile

“pre-money valuation”

that these shares are set aside prior to the investment, thus diluting the founders

By economic ecosystem, I refer to a set of companies, cooperating and competing at once, that together deliver a product or service by providing different components that share some critical capabilities.

Throughout industrial history, open standards have enriched customers and fueled productivity.

by focusing first on the consumer experience but then, second, on the entire set of related products and services that bring value to that experience

an understanding of and identification with the user population

Rather it is having a clear image of what the product is meant to be -- and what it is not meant to be -- and rejecting features that do not fit, only accepting ones that do.

"The skills of an editor are not going to become unimportant; it's just that it is possible that the few hundred editors that work in publishing in New York City may not be the only people who have really good opinions about what's worthwhile in the world,"

"When people are using collaborative tools, they will naturally collaborate to a more neutral, less personal point of view,"

If you want to sell your old Patek Philippe watch, you're going to get a better price on eBay, because there are more buyers there. If you want to buy a Patek Philippe watch, you're going to look on eBay, because there are more sellers there.

all tugging in different directions.

Freemium works because "you reduce the main stumbling blocks of product adoption," Rimer says. "Web-based users who don't have to pay for it will often start evangelizing the benefits to others."

When the service is free, word spreads

a business model is the method of doing business by which a company can sustain itself -- that is, generate revenue. The business model spells-out how a company makes money by specifying where it is positioned in the value chain.

the staff was hampered by conflicting priorities and overlapping organizations

“You don’t win in the first 90 percent; it just gets you in the game,” he said. “What matters to people is emotional attachment. And I think that’s the last 10 percent.”

Microsoft lost its way, Mr. Berkowitz says, because it became too enamored with software wizardry

Once traditional software is complemented by services delivered online