Tuesday, March 10, 2009

Overheard in Silicon Valley

If my previous post was an indication of summarizing my daily lessons learned in the Valley, yes, I slacked off. I was busy learning about many things, and I would like to share some lessons learned with my readers. Mostly just brain dump of various things, but I'll try to bucket them into different categories.


  • It's tough out there (quite frankly, everywhere these days), but productivity is WAY up stemming from low burn rate and increased work hours.
  • Growth is still the king. Monetization can happen when the economy recovers
  • (somewhat of a contradiction to the above) "Product, product, product. Growth later, please"
  • Not that many companies feeling the pains in a tangible way. They just want to stay low until somebody else brave (or dumb) enough makes a big move.

Startup/Company Gossips
  • Silicon Valley needs the next Google (awesome product with real revenue stream [not just a proven revenue model]) real soon
  • Semiconductor industry is about to enter the most difficult times in its history
  • SV always talks about SV, Boston talks about Boston vs. SV
  • "Recycling" high valuation deals is somewhat of a trend
  • Angels are busier than ever
  • Facebook's talent hemorrhage is a big contrast to its predecessors like Google, Yahoo, etc.
  • Entrepreneurs here live on dreams, elsewhere driven by reality
  • Lots of excitement around Palm Pre. Most of the design features actually got "stolen" from another company
  • While operational experience is highly respected, venture business is really about accessibility to deals
  • New York's rise to stardom in entrepreneurship is noticeable from the other side of coast. With top-notch innovations and investors to enable the whole ecosystem
  • Boston's main competitive advantage is largely top academic institutions
  • Google fired some flamingos on the dinosaur sculpture, so that the employees can spend the time more productively

Other Stuff
  • Too many good restaurants contributing to accelerated weight gain. No wonder the weather is so good all year round. I needed to burn some calories all the time
  • Intuition is highly respected. Analytics, less so.

Too much to list all them out, but I'm sure I'll use some of the lessons learned in the future posts.
Reblog this post [with Zemanta]