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Johann Höchtl

Scott Adams Blog: Startup Country 07/27/2010 - 0 views

dilbert.com/...startup_country

blog scott adams state china hongkong virtual theoretical

shared by Johann Höchtl on 27 Jul 10 - Cached
  • My idea for today is that established nations could launch startup countries within their own borders, free of all the legacy restrictions in the parent country. The startup country, let's say the size of modern day Israel, would be designed from the ground up for efficiency.
  • The entire banking system would be automated. There would be no cash in the start-up country. You wouldn't need to "apply" for a loan because the virtual bank would always have a current notion of your credit-worthiness.
  • The tax code in the startup country would be simplified to the point where residents might forget it exists.
  • ...2 more annotations...
  • Most of what is scary about the government having power is the lack of transparency. The startup nation would have full transparency. Any citizen could log on to his computer and see what court orders had been issued for what videos and why.
  • Arguably, China accidentally performed a variant of this experiment with Hong Kong. Oversimplifying the history, Hong Kong was part of China and leased to the United Kingdom for 99 years, like a startup country within a country.
  • Judith Schossboeck on 29 Jul 10
     
    über das bin ich auch schon gestolpert. interesting!
Johann Höchtl

Data Startups Danger - 0 views

medium.com/...a-driven-startups-b6f475f11f5f

data startup datamarket danger

shared by Johann Höchtl on 11 Mar 15 - No Cached
  • Johann Höchtl on 11 Mar 15
     
    Of course, the radio stations were absolutely correct on all their points except one. Compared to the data about what the market wanted, the song was too long. It was too complex. It was too confusing, and it didn't fit into any best-selling genre. But even though it was a massive outlier compared to the data, somehow it worked. Bohemian Rhapsody went on to become the only song to reach number one in four different years. But even better than that fleeting data-point of success, it went on to change what popular music could be, and made countless people happy.
Johann Höchtl

What Happened to Yahoo - 0 views

www.paulgraham.com/yahoo.html

Yahoo Google Microsoft Facebook culture hackers innovation cubicle old

shared by Johann Höchtl on 12 Aug 10 - Cached
  • When I went to work for Yahoo after they bought our startup in 1998, it felt like the center of the world. It was supposed to be the next big thing.
  • What went wrong? The problems that hosed Yahoo go back a long time, practically to the beginning of the company.
  • Yahoo had two problems Google didn't: easy money, and ambivalence about being a technology company.
  • ...17 more annotations...
  • The first time I met Jerry Yang, we thought we were meeting for different reasons.
  • we could show him our new technology, Revenue Loop. It was a way of sorting shopping search results.
  • It was like the algorithm Google uses now to sort ads, but this was in the spring of 1998, before Google was founded.
  • I didn't say "But search traffic is worth more than other traffic!"
  • Hard as it is to believe now, the big money then was in banner ads.
  • Led by a large and terrifyingly formidable man called Anil Singh, Yahoo's sales guys would fly out to Procter & Gamble and come back with million dollar orders for banner ad impressions.
  • By 1998, Yahoo was the beneficiary of a de facto pyramid scheme. Investors were excited about the Internet. One reason they were excited was Yahoo's revenue growth.
  • The reason Yahoo didn't care about a technique that extracted the full value of traffic was that advertisers were already overpaying for it.
  • I remember telling David Filo in late 1998 or early 1999 that Yahoo should buy Google, because I and most of the other programmers in the company were using it instead of Yahoo for search.
  • But Yahoo also had another problem that made it hard to change directions. They'd been thrown off balance from the start by their ambivalence about being a technology company
  • Microsoft (back in the day), Google, and Facebook have all been obsessed with hiring the best programmers. Yahoo wasn't. They preferred good programmers to bad ones, but they didn't have the kind of single-minded, almost obnoxiously elitist focus on hiring the smartest people that the big winners have had.
  • The company felt prematurely old.
  • The first time I visited Google, they had about 500 people,
  • I remember talking to some programmers in the cafeteria about the problem of gaming search results (now known as SEO), and they asked "what should we do?" Programmers at Yahoo wouldn't have asked that.
  • In the software business, you can't afford not to have a hacker-centric culture.
  • Probably the most impressive commitment I've heard to having a hacker-centric culture came from Mark Zuckerberg, when he spoke at Startup School in 2007. He said that in the early days Facebook made a point of hiring programmers even for jobs that would not ordinarily consist of programming, like HR and marketing.
  • Hacker culture often seems kind of irresponsible. That's why people proposing to destroy it use phrases like "adult supervision." That was the phrase they used at Yahoo. But there are worse things than seeming irresponsible. Losing, for example.
  • Johann Höchtl on 12 Aug 10
     
    Paul Graham hat mit dem Verkauf seiner Shop Lösung an Yahoo 1998 Millionen von Dollar gemacht. Er ist Buchautor und respektierter Columnist. Ein Artikel von ihm, warum seiner Meinung nach Yahoo scheiterte und FB und Google erfolgreicht waren.
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