It being a dreary Saturday, I’m looking around for amusing items. This brief video poking fun at iPhones, iPhone Apps, and social networks uses language no worse than my Granddaughter uses on Facebook, so it must be OK.
I’m less amused by Steve Ballmer’s recent comments. “There’s still, in my opinion, more venture capital than there are good ideas to support the venture capital,” Ballmer said in a speech to Stanford students studying entrepreneurship as part of the school’s “Entrepreneurial Thought Leaders” series. As the worldwide economy contracts, fewer mediocre business ideas will get funded, he said. That will result in a healthier startup environment than exists now, when “too many companies can hang on for almost too long with too much money.”
Of course, the flaw in his argument lies in our imperfect ability to separate the good ideas from the bad in their early stages. If you would like see an amusing but significant example, look at this video from 30 months ago, Microsoft CEO Ballmer laughs at Apple iPhone. A sample, “We’re selling millions and millions and millions of phones this year, Apple is selling zero.”
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