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30 Aug 09

Warren Buffett’s bio “The Snowball” and lessons for startups | Andrew Chen (@andrew_chen)

    • In many ways, Buffett’s world is diametrically opposed to the startup world. He specializes in boring industries, doesn’t worry much about products, and has extremely long timeframes. Yet I took a lot out of reading about his experiences, and thought I’d share some thoughts about the startup world:



      1. Enduring businesses take a long time to build
      2. Who cares what other people think? Boring businesses can win big 
      3. Access to money can be a huge competitive advantage
      4. Success begets success
  • Instead of asking “what are the hot areas right now??” instead, the question to ask might be, “what are the overlooked areas right now?” 
11 Jul 09

An Interview with Mark Fletcher, Founder of Bloglines and ONEList — TechDrawl

  • The most interesting part of the interview was when Mark described how his first startup took off very quickly, once he arrived at a solid concept.  Mark created ONEList and it took off overnight because it solved a fundamental pain many people were experiencing.  Making mailing lists at the time was a painful process, and ONEList made it easy.  Bloglines was another good idea because it solved a problem Mark personally was experiencing, how to keep up with the many blogs he read.  Furthermore, Mark leveraged the marketing and PR relationships he had built at ONEList to get press for Bloglines which spurred their growth.
05 Jan 09

Paul Buchheit: Overnight success takes a long time

  • However, it does give some perspective. Creating an important new product generally takes time. FriendFeed needs to continue changing and improving, just as Gmail did six years ago (there are some screenshots around if you don't believe me). FriendFeed shows a lot of promise, but it's still a "work in progress".
  • My expectation is that big success takes years, and there aren't many counter-examples (other than YouTube, and they didn't actually get to the point of making piles of money just yet). Facebook grew very fast, but it's almost 5 years old at this point. Larry and Sergey started working on Google in 1996 -- when I started there in 1999, few people had heard of it yet.
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