The 6 Best Pages of Henry Blodget's 6-Page Article About Zuckerberg (UPDATE: Real Time Arguments From Nick Denton)
The 6 Best Pages of Henry Blodget's 6-Page Article About Zuckerberg (UPDATE: Real Time Arguments From Nick Denton): Many promising tech companies place too much emphasis too soon on the business rather than the product. They worry too much about "making money." This sounds nuts—aren't companies supposed to make money?—and it sounds especially nuts in the wake of the dot-com bust. But that crash was a product of investors' and analysts' overexuberance (sorry!), not evidence of a fundamental flaw in the tech industry's start-up ecosystem. In a market where �speed is critical, venture-capital funding allows young companies to move faster than they could if they had to rely only on revenues to fund product development. Entrepreneurs who understand that tend to stick around to make plenty of money later.