teaim: Everything about this is brilliant.
Reblogged from waxmuseum.
July 01, 2009, 9:59am
Hacker News | Ask HN: Making Wireless Work With Linux Mint/Ubuntu?
Any Linux guys/gals care to offer feedback or help?
June 26, 2009, 11:36pm
“One way for entrepreneurs to mitigate market risk is to avoid perfection. It’s a fallacy to think that any product will ever be “finished” in the sense that it will make all users completely happy. When your product becomes good enough to make some customers reasonably happy, get it into the market where it can start generating cash flow and feedback.”
— The Startup Entrepreneur’s Guide To Risk Management
June 24, 2009, 11:17pm
“Risks that could have major consequences but are relatively unlikely to happen are often insurable. Insurance is the practice of spreading the cost of an improbable loss across a group, so that no single individual bears the entire cost of a disaster. Everybody pays a premium to the insurance company, and the insurance company pays claim benefits when one of its customers experiences an insured loss.”
— The Startup Entrepreneur’s Guide To Risk Management
June 24, 2009, 11:12pm
“You can buy an iPod nano on Apple, Best Buy, etc. for about $149. Amazon sells it for $134. That’s probably cost price. It turns out that Amazon can sell almost everything at cost price and still make a product because of volume. It’s all down to the Negative Operating Cycle. Amazon turns over its inventory every 20 days whereas Best Buy takes 74 days. Standard retail term payments take 45 days. So Best Buy is in debt between day 45 and day 74. Amazon, on the other hand, are sitting on cash between day 20 and day 45. In that time, they can invest that money. That’s where their profit comes from.”
—
Revealing Design Treasures from The Amazon (via iamdanw)
This is the truth. Most people miss how brilliant and critical this is to Amazon’s success, especially in the earlier days.
(via caterpillarcowboy)
June 24, 2009, 12:32am
Hot.
Teehan+Lax have released a new version of their fantastic iPhone mockup PSD, with new elements for maps, copy/paste controls, timeline editor, and horizontal phone.
June 24, 2009, 12:29am
Earlier today, Andy Payne wrote a great post about running a startup board meeting.
I highly recommend reading it if you are a startup CEO.
Thanks Andy.
June 22, 2009, 10:55pm
“Twitter would couple e-commerce with advice from other shoppers, an element that most search engines do not offer. Shopping on Twitter could also potentially be useful on mobile phones, on which it is more difficult to surf the Web. People might find it simpler to ask for advice on a product, pick it out and pay for it on the same site.”
— Twitter Plans to Offer Shopping Advice and Easy Purchasing - Bits Blog - NYTimes.com
June 20, 2009, 1:22pm