What the President Cannot Do

[kmo]

Our new President addressed Congress last night. Most years this is called the State of the Union address, but given that President Trump has only been in office for a little more than a month he's not really in a position to take the blame or the credit for the state of the nation, so this time around it's just a speech given in front of the

Comments

Disruption

[dode]

I find the onward push of technology interesting. Especially how and maybe why it is funded.

I have been living in the belly of the beast for the last half year. Working in a small company that is also trying to disrupt an established industry. What is most interesting is the relative lack of business savvy of a lot of the people involved. There is no clear plan how we can make money, no clear strategy beyond the next sprint. It could be characterized as a bunch of nerds having fun with technology but someone is paying for it. Money just seems to flow into a business that promises disruption irrespective of any credible long term business plan.

Initially I was working under the assumption that I had incomplete information and must be missing the big picture. The longer I look the more apparent it becomes that there is no really route to a profitable long term business. Maybe the plan is to build a saleable IP portfolio. Maybe we can be enough of a nuisance to one of the existing players in our market that they will buy us. I remain

Re: Disruption

[kmo]

It seems likely to me, Dode, that many investors with money they want to put to work have no clearer notion of what leads to tech start-up success than do the strategists at your company.

Re: Disruption

[dode]

I suspect you are correct.