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hyokon's picture

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hyokon

10 months ago

in The Human Piece Of The Venture Equation on A VC
Great insights. I think there is add another aspect. I think a business has two phases, building and running.

In building, you need an innovator. You need a person who has an idea and the will to make it real. Facing an opposition, this innovator will fight back not compromise. So, if you have two people fighting in this phase, I think you need to pick one and let go the other.

In running, the business model is pretty much solid. You already have some demand. Now, there are small fights here and there, but nothing like the ideological debates in the building phase. Here I think you need a compromising leader.
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fredwilson's picture
fredwilson This is exactly right

1 year ago

in Gerd Leonhard: Flat Rate or Flat Line - further thoughts on the Music Flat Rate on last100
I am not sure if I understand you correctly even after taking some time reading other blog posts of yours. At least I could understand McGuinness's speech.

- I think McGuinness was trying to share his frustration with the status quo and suggested general direction (of sharing revenue with tech companies that are profiting from free music), not anything like a police state.
- In a way, your suggestion seems similar to his in that we need to monitor the music 'usage'. I don't understand what material difference there is. I would think he may even buy your suggested model, as long as it can feed musicians (and their supporters like himself). Why are you so mad at him?
- You seem to propose a flat(=fixed and same for everyone for universal access to any music. Correct me if I am wrong.) fee license for streaming and something similar for downloads. On a high level, I agree with you. My own suggestion, which I am about to post on my blog, is directionally similar. One thing I feel uncomfortable about this whole 'what should be the future of music' discussion is that it tends to be "either A or B": Free vs. non-free, access vs. downloads, etc. How come the advent of Internet, a great innovatino of our age, reduce our choices? There must be ways to make all these possible. I think the problem is that we lost some choices. How reasonable a new model is, I would like to have it as a choice not requirement.

2 years ago

in Small or Big, What I expect from 2007’s Innovators? on NextLeap.net
What you want sounds like an operating system. And I agree that as we have more and more applications, online or offline, the importance of operating system increases. Unlike what many people have expected...
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