One of the greatest interest-free high-tech loan schemes
Benedict Evan writes that what Tesla did by announcing the new Roadster and its availability in 2020 “is a 2+ year (assuming it ships on time), interest-free loan from Tesla’s best customers”. It says Tesla is a financial juggling act. I agree. Tesla is what it is not just by what it creates in terms of technological innovation but in the way it has achieved its current scale betting big 24/7. How to make USD$250,000,000 in a snap? Just develop a very sexy prototype, say the first one thousand units will be exclusive and price each of them at USD$250,000.
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Make it lean, simple, manageable, please
Meg Whitman is leaving Hewlett Packard Enterprises next year. As a CEO, she split the company in two in order to optimize resources and operations. What’s interesting is that current GE’s CEO is doing the same. These once proud conglomerates are setting the new hot thing in management: that less is more, that the leaner, the better. It has also happened with much more modern companies like Facebook, which started using different apps for different purposes under its brand. Facebook (its flagship app), Messenger, Facebook Page among others are efforts to make things more focused and predictable. The age of embracing everything under the same umbrella will be featured in future business books as examples of what you are not to do when running a big company.
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Life’s good, says
This is a great report by Peter Diamandis on how good things are getting in the world. He says “we are in the midst of a new drug epidemic. The drug? Negative news. The drug pushers? The media”. The 22-page PDF discusses positive trends in world economy, health, energy, and food with technology as the driver.
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Khosrowshahi’s in da house
It seems the more he cleans, the dirtier it gets. Uber’s new CEO is finding more and more evidence of his predecessor’s wrongdoings. Dara decided to go public on a hack the company suffered last year. The attack exposed millions of accounts and some sensitive information (no credit cards this time, apparently). What’s important to notice is that the more transparent he becomes, the smaller Kalanick’s influence is. The new CEO is fighting the best of the wars he could have chosen: PR.
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Da Vinci à la CSI
Read Walter Isaacson’s new Leonardo Da Vinci biography. It’s a fascinating book on his life and mind. It also weights in the modern debate around Leonardo’s authorship of some paintings. Experts can’t seem to agree on what makes a Da Vinci a Da Vinci. X-Rays, computer high-resolution scanning techniques, deep historical detective-like research, international intrigue and family drama all make the case for a great read on what’s at stake when an unknown work acquired for mere twenty something thousand dollars can reach more than a hundred million dollar valuation overnight.