"The perception of high school girls that they are simply not good at technology is simply incorrect—they are first adopters. And other data bolster this argument, as it turns out that women may be better than men when it comes to leading a technology start-up.
“Women-operated, venture-backed high tech companies average 12 percent higher annual revenues. They also use on average one-third less capital than male counterparts’ startups."
- We Need More Women in Tech: The Data Prove It
"One of the reasons that Silicon Valley exists is that we have all worked next to somebody who has gone off and been successful. We know firsthand that the guy next to us that went off and was very successful was an idiot."
- Nolan Bushnell, founder of Atari
"The Internet is not just a series of pipes. Its core architecture embeds an assumption about human nature. It assumes that if individuals are empowered, they will do the right thing the vast majority of the time. Services like eBay, Craigslist, Etsy and Airbnb are built on the assumption that most people are honest. …
Once upon a time we trusted a hotel chain like Hilton. The brand made people feel safe spending the night there. Increasingly we have less confidence in these established hierarchies. We have come to trust in the network, in the web of connections between people."
- Brad Burnham, Union Square Ventures | The decline of serial killers and rise of the sharing economy
"Burning Man… has become a place where CEOs, venture capitalists and startuppers can network (while wearing, at most, swimsuits). While neither money, branding nor barter are allowed, suddenly companies are getting funded, co-founders are meeting, and people are getting jobs right on the playa. Among the 68,000 costumed and dust-covered attendees are some unexpected names - Facebook founder Mark Zuckerberg goes. So do Google founders Sergey Brin and Larry Page. And Tesla Motors CEO Elon Musk. Anarchists parking Priuses next to ramshackle tents and tarps are now sharing the sand with wealthy techies arriving, via private jets, at luxury desert camps fully staffed with cooks, masseuses and assistants…
‘It’s hard to be a billionaire at Burning Man, even though there are so many of them.’"
- Burning Man becomes a hot spot for tech titans
"Americans of every demographic are flocking to services like Airbnb, Taskrabbit, and Bag Borrow or Steal for one overwhelming reason: Renting and sharing allow us to live the life we want without spending beyond our means."…
The strategists point to projections that suggest the “sharing” and “rental” economies will generate $3.5 billion in revenue in 2013, and grow to as big as $110 billion over the next few years."
- Rise Of The Renting And Sharing Economy
"People are in love with you, but then all of a sudden, they can’t wait to watch you fail."
- Will Foursquare CEO Dennis Crowley Finally Get It Right? | Fast Company
"There are 80 million power drills in America that are used an average of 13 minutes. Does everyone really need their own drill?"
- Brian Chesky, CEO Airbnb | Welcome to the ‘Sharing Economy’ - NYTimes.com
"Five of the six most-visited websites in the world are [in Silicon Valley], in ranked order: Facebook, Google, YouTube (which Google owns), Yahoo! and Wikipedia. (Number five is a Chinese-language site.) If corporations founded by Stanford alumni were to form an independent nation, it would be the tenth largest economy in the world, with an annual revenue of $2.7 trillion, as some professors at that university recently calculated. Another new report says: ‘If the internet was a country, its gross domestic product would eclipse all others but four within four years.’"
- Diary: Google Invades · LRB
"This is a culture that has created many new ways for us to contact one another and atrophied most of the old ones, notably speaking to the people around you."
- Diary: Google Invades · LRB
"If you can’t decide what to do, get on the road. You won’t find the answer. It will find you."
- Andy Dunn, CEO Bonobos | The Risk Not Taken
Tumblr: still shipping through the madness. F**k yeah.
"The spread of computers and the Internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do."
- Marc Andreessen | How the internet is making us poor – Quartz