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My advice to Facebook

My friend Noah Kagan is a product manager at Facebook. He just coordinated the rollout of a new Valentine's promotion, which I thought was pretty cool. But I also had some suggestions for him, which echo my suggestions of not getting greedy and trying to monetize things too quickly (see On Greed and Speed). Now, The Facebook has already built ...

A few interesting links

Greed and Speed example In my essay On Greed and Speed, I talked about not trying to make money off everything so quickly. Naval Ravikant (former founder of Epinions.com and now running a stealth startup) writes on the same idea, using Craigslist as an example. The real story is that Craig is well on his way to building an ...

Jack in the Box turns the tables on me

Ok, this is kind of a weird story, but why not. Yesterday, I stopped at the Jack in the Box drive-thru to get some fries. I ordered a large fries (we were taking a road trip), but as we drove away, I discovered that they had also charged me extra for small fries!!! How outrageous!!! We were at the very ...

Smart People Ask Questions

This is a story about how I learned to cut an onion. After college, when I finally starting cooking for myself, I decided to add more to my food than just crushed red pepper. So I bought some onions and other stuff and started cutting them up and putting them in my food. About six months later, I went to ...

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Larry Ellison gets a beatdown

"Even billionaires need to budget." That quote is one of my favorites from yesterday's SF Chronicle article on Larry Ellison's spending. His accountant actually wrote him an email in 2002 telling him he needed to cut his spending and start to budget. Him. A billionaire. I love it. Other great quotes: If you were to look in the textbook for ...

Google reports; stock falls; let the pundits begin

A few days ago, I wrote about Google and all the crystal balls people use when earnings are going to be reported: Oh no!!!!! Is the Internet advertising market over? Or is it just a slight correction?? I don't know, and neither does anyone else. I just want to point this out: When Google releases its numbers on January 30, ...