PETISAP

Nik Storonsky explains how Revolut incubates and launches new products 🤯 The episode we have all been waiting for: We have a small team of 10 working on a project for 1 to 1.5 years. We have over 20 bets running simultaneously. Five of those worked, five to six failed, and the rest are in the middle. ► I highly recommend checking out the complete episode by Harry Stebbings from 20VC for more intersting stuff: https://lnkd.in/dkJ9Gkdh Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]

This is Mike Markkula: #Apple's first investor who would be worth $1.2 trillion today if he still had his Apple shares 😳 Mike's story is fascinating. Markkula had a wildly successful career as a marketing manager at Fairchild Semiconductor and Intel, where he made millions from stock options, achieving financial independence by the age of 33. But his retirement was short-lived. In 1977, Markkula was introduced to two young entrepreneurs - Steve Jobs and Steve Wozniak who wanted to change the world. Back then, Silicon Valley was still in its infancy. Computers were massive machines owned by corporations and universities, and the idea of a personal computer seemed far-fetched to most. Yet, he witnessed a revolution in the making and invested in Apple $250,000 that year for 1/3 of the business. Mike essentially became a co-founder. And he really acted like one: - Markkula wrote the company's original business and marketing plans, which helped Apple become a Fortune 500 company. In just 5 years 🤯 - He wrote several programs for the Apple II and beta-tested their hardware and software. - Mike was the one who gave the go-ahead for the development of the Macintosh computer, which revolutionized personal computing with its graphical user interface. - More importantly, he helped Jobs and Woz with crucial expertise and adult supervision when it was most needed. Markkula's biggest mistake? Not holding onto his Apple shares. He could have been the greatest VC of all time... but instead, he only got a great story for parties. P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

18.000 Applicants for one position in #Zomato interesting insides

Charted: The Survival Rate of U.S. Businesses (2013-2023) 💼 🔍Discover more visual insights daily on the Voronoi App. https://lnkd.in/ghFrDJwu #smallbusiness #agriculture #realestate #usmarket

This is insane! In Germany 🇩🇪, if your startup has closed a VC funding round a notary will read every single word of the docs out loud in front of founders 😳 I couldn't believe it, so I had to verify it. It's 100% true: "In Germany, a notary is required to read out the entire document aloud to all parties present during the notarization process, ensuring everyone fully understands the legal terms and implications before signing". It seems Germany isn't serious about startups... h/t Nathan Benaich for calling this out P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

#Apple was started during the rise of personal computing. #Amazon was founded during the early days of the internet. #NVIDIA was started when the PC market was expanding. #Google was founded during the Dot Com boom. The lesson? It doesn't matter if you're chasing the hype, defining new trends, or being contrarian. Just build things users want and are willing to pay for. The rest is just noise. P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

Same Fork, Different Story: Cultural Perspectives on Tech 🤔 2 different approaches to innovation! While German engineering dives deep into technical specifications and precision, the American style cuts straight to practical benefits and user outcomes. Neither approach is wrong - they just reflect different cultural perspectives on value creation, much like how organizations approach AI adoption today: some obsess over technical perfection, while others focus on practical impact. What's your style: precision specs or practical benefits? 🤔 If you like my posts, you will love my new book and Academy: https://zurl.co/LVVj Source: Markus Rimmele #Innovation #TechHumor #DigitalTransformation

What would you do if you got fired from the company you built? When Steve Jobs was unexpectedly fired from #Apple in 1985, he didn’t just sit back, he transformed adversity into innovation. Here’s how he turned a setback into a springboard for success by creating: 1️⃣ NeXT: Revolutionizing tech for schools and businesses with cutting-edge computers. 2️⃣ Pixar: Breathing life into animation and creating the legendary “Toy Story.” These ventures weren’t just milestones but also played a crucial role in his return to Apple in 1996, where his vision helped create some of the company’s most iconic products. Key Takeaway: When faced with setbacks, don’t see them as dead ends. Instead, view them as opportunities to reinvent yourself, explore new paths, and come back stronger. Every challenge can be a chance to build something extraordinary. #Leadership #Innovation #Success #Entrepreneurship #Sustainability #Technology #Storytelling #DigitalMarketing #PersonalBranding #Inspiration #Branding #fintech #Mindset #entrepreneur #Motivation #BusinessGrowth #Finance #Networking #stevejobs #starthubagency

Startups should NOT have growth TEAMS. The whole "company" (yeah 3 people) should be the growth team. The founder should be the head of growth. People get this terribly wrong. They found a startup and THEN look for a growth person. That's just backwards. I think the only startup worth founding is the one you can actually be the growth lead for. At least in the early 0 to 1 stage. That's because: Growth isn't about technical knowledge Growth isn't about advertising Growth isn't about hacks Growth is about vision Growth is about knowing your ICP Growth is about having the industry expertise No one, absolutely no one has a better vision, a better understanding of your ICP and a deeper industry expertise than you as a founder. And when I say industry expertise, I don't mean being a good professional. I mean having deep insights into your industry's needs. Plus, growth by definition is a multidisciplinary field that requires a 360-view and rarely takes the same shape in two different companies. It always needs to be tailored. 📅 Posting Streak: 60 days 🐍 Written by a human (me)