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The Deceptive Ease of the Startup Process

Born-in-the-cloud companies delivering digital services often fall short in a critical area. Because so many critical barriers to entry to creating an as-a-service company have been eliminated, there has been a mad rush to the as-a-service model on the part of many startups, some of which have become quite successful. The biggest problem that exists is a growing misconception on the part of born-in-the-cloud startups, that creating the infrastructure to a company is equivalent to creating the company. One can, conceivably, create an app, build a website and populate it with content, and add in an e-commerce component and a…

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Money: Before Bitcoins, There Were Yap Stones

Money is among humanity’s greatest inventions. While money may be a physical object, it is an idea, a great subtle and still changing idea. No one today knows the inventor or inventors. As the idea has changed over centuries it must have had many inventors. When my physicist colleagues study an idea or theory, chewing on it until it is digestible, they pronounce it simple. Indeed, it is remarkable that when complex, subtle, deep, and broad ideas enter our minds and we feel that we really grasp them, they often appear simple and beautiful. Physicists refer to Einstein’s Theory of…

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