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You can do more experiments or bigger experiments, but you cannot buy better results from the market because product-market fit is not for sale. This is the root of the disconnect.
Capital will continue to slide toward commodity status as entrepreneurs leverage platforms to build more and more for less and less.
For investors, the combination of cheap options and potential for explosive growth of a few companies has created an environment where there is more risk in not funding something than in funding a little bit of everything.
But there is hope because the lean start-up is a return to old school company creation and investors are learning. Entrepreneurs continue to compress the innovation stack, remove commodity steps in the company building process and focus on creating the unique elements of their products and services.
The most innovative investors are building platforms to support this new type of entrepreneur and this new/old company creation process.
With the best entrepreneurs leveraging platforms to build companies more efficiently and forward thinking investors building platforms to support these founders, I think we are starting to see a convergence around how best to create enterprise value.
When everyone has access to the same pieces, the same building blocks, the same library, creativity in the use of the tools becomes critical and the primary source of differentiation and defensibility.
The best entrepreneurs will choose to build on the platforms that are tuned for their specific stage guided by a partner focused on their specific needs. The best investors will build platforms to accelerate companies between specific inflection points in their growth.
The market will recognize that companies with 0-4 employees vs. 4-40 vs. 40+ have divergent needs and cannot be supported by a single platform in a meaningful way.
I hope this will force a return to equilibrium with investors and entrepreneurs aligning platform, partner and capitalization level with stage of company and state of product market fit.
The way my life is set up, I tend to only go to the iTunes store to look at apps. I buy them, I redeem codes for reviews for them, I research them. But with a couple of big trips coming up this summer, filling up my future iPad (arrival time: 3 more weeks) with parent-approved kid shows seemed like a great idea.
Now through April 12 (so hurry!), the iTunes Store is spotlighting some of the Kids and Family TV selections. Some of them are free, some have discounted full seasons. Shows from Nickelodeon, Disney, Sesame Street, and many others are represented in the sale. Some of the free episodes are from Curious George, Sesame St...
This is also a great time to indoctrinate your geeklings in the shows from your childhood. Schoolhouse Rock is one of my favorites, but they also have Peanuts, Bugs Bunny, Underdog, Tom & Jerry, etc. There is a good variety of shows available, and even the free section should have something for everyone. The availabili...
Episodes you download can be watched on your computer, with Apple TV, or on your iPad, iPhone, or iPod.
Note: I received some iTunes store credit to take advantage of a few of the TV shows that aren't currently free. Super Friends FTW!
HULL caretaker boss Mike Phelan has eclipsed the big-name new bosses of the Premier League's top three clubs by winning this season's first manager-of-the-month award.
The former Manchester United No 2 saw the newly-promoted Tigers bag an opening day 2-1 win over champions Leicester and a 2-0 victory at Swansea, before losing 1-0 at Old Trafford to Marcus Rashford's stoppage-time goal.
Manchester City chief Pep Guardiola, Chelsea boss Antonio Conte and United manager Jose Mourinho have each notched three wins from their three games.
But Phelan took the honour after defying both the turmoil of boss Steve Bruce's resignation and gloomy predictions over Hull's Prem future from bookies and pundits.
The ex-Burnley, Norwich and United midfielder, 53, who was capped once by England, has previously had just one brief spell in charge of a club during 21 years in coaching.
And that too was as a caretaker - at Norwich last year.
Phelan has been No2 with the Canaries, Blackpool, Stockport, United and Hull.
The Tigers visit Burnley, who came up with them as champions in May, this Saturday.
3G or 4G? WiMax, LTE or HSPA+? With so many options in the smartphone market, it's hard to know which is the best device on the best network at the best price.
The smart cover is a must have accessory for every iPad owner, and according to a new patent discovered by Apple Insider it could get even more useful than ever before.
Called ‘Device Input Modes With Corresponding User Interfaces’, the patent describes a number of new features that the smart cover could bring to the iPad. Features that could let users customise their tablet experience without needing physical buttons to do so.
The features include that would allow the iPad to recognise gestures, and providing different menus depending on how many smart cover panels are covering the screen. One example is a menu that lets users access certain menus and settings without having to unlock the device. A little bit like the secondary display on th...
Other features include swiping up and down the screen to adjust volume and brightness (similar to the VLC Android app), and having the screen reduce in size as each of the cover’s segments close.
It’s not clear what else would be needed to implement these features, but presumably both the tablet and the cover will need some sort of hardware upgrade. There’s no way of knowing if and when this will be released, but considering all the possibilities it could bring it is possible that we could see it in the very ne...
Judas Priest are a heavy metal band formed in 1970 in Birmingham. Judas Priest's core line-up consists of bass player Ian Hill, vocalist Rob Halford and guitarists Glenn Tipton and K.K. Downing.
Master Sgt. Kevin Watson: Master Sgt. Watson is the 111th Attack Wing recruiting office supervisor. A former Marine and highly-decorated veteran, he supervises production recruiters of the wing.
Technical Sgt. Alex Galatis: Tech. Sgt. Galatis is a production recruiter. He enlisted into the Pennsylvania Air National Guard after spending four years in security forces for the Active-Duty Air Force and one year in the Air Force Reserve. He became an ANG recruiter in 2012.
Technical Sgt. Rachel Ali: Tech. Sgt. Ali is a production recruiter. She spent ten years in the military medical field before becoming an Air National Guard Recruiter. She joined the New Hampshire ANG in 2009, as the non-commissioned officer in charge of public health until arriving at Horsham Air Guard Station, Pennsy...
Staff Sgt. Tariq Fladger: Staff. Sgt. Fladger is a production recruiter for the 111th Attack Wing. He was a member of the 201st RED HORSE Squadron, Det. 1 here before becoming a member of the recruiting squadron.
During the enlistment process, a member from the Strength Management Team will meet with and brief prospective recruits on specific education benefits. The retention office, along with the recruiting office, compose the 111th Attack Wing's Strength Management Team.
For descriptions or more information about these career opportunities, please contact a 111th Attack Wing recruiter. To view a list of enlisted Air Force Specialty Codes and the jobs associated with those codes, click HERE.
Cash for School (or other stuff...):The Montgomery GI-Bill Selected Reserve (MGIB0SR/Chapter 1606) provides education and training benefits to eligible members of the Guard. It is monthly expense allowance of up to $367 sent directly to the Guardsman (not to the school) to spend on books, supplies--anything the member ...
The transferability option under the Post-9/11 GI Bill may allow servicemembers to transfer some or all of their benefits to DEERS-eligible spouses or children.
For more information on how the Pennsylvania National Guard can help fund your education click here.
No events to report, please check back for more opportunities to meet with a 111th Attack Wing Recruiter or call the numbers located on the left side of the page.
Are you fit to fight?
DALLAS — Shares of United Airlines’ parent dropped sharply on Thursday after the company reported lower first-quarter profit and gave a disappointing outlook for the second quarter.
United Continental Holdings Inc. shares lost $5.84, or 9.97 percent, to close at $52.76 Thursday on the New York Stock Exchange.
Chicago-based United, the nation’s No. 3 airline by traffic, reported after the market closed Wednesday that first-quarter profit fell 38 percent to $313 million.
It was still one of United’s best-ever first quarters — usually a weak period for travel. But revenue fell 5 percent, and United said it expects that a key revenue-per-seat figure will keep falling in the second quarter, when airline fortunes usually pick up.
On a conference call Thursday, analysts pressed United executives about the airline’s profit margin, which remains far behind major competitors. Some of the questions were unusually pointed.
Oscar Munoz, who became CEO in September but just returned from a heart transplant and five-month medical leave, said United would not concede anything. Changes are needed, he acknowledged.
Chief revenue officer James Compton said United was prepared to reduce capacity, a method airlines use to increase fares by reducing the supply of seats. United has already made some cuts in Houston, Brazil, and the Middle East, he said.
Compton said the airline now expects to increase passenger-carrying capacity by no more than 2 percent this year, a half-point lower than previously planned. That could help shore up fares if other airlines do the same.
United faces the same challenges as other airlines — only more so. The biggest may be reversing the downward trend in fares, which led to a 5 percent decline in United’s first-quarter revenue. United’s forecast of revenue per mile in the second quarter was worse than guidance from Delta and Southwest. American will rep...
United’s international routes are being hurt by rising competition from foreign carriers who have flooded the market with flights. At home, analysts say that United has lost corporate accounts, especially to Delta.
United says its Houston hub is struggling because of the slump in the oil industry. Southwest CEO Gary Kelly said Thursday that his airline is doing just fine in Houston, where it has been expanding domestic routes and recently added international flights.
From the day he became CEO, Munoz has acknowledged that United has failed its customers since its 2010 merger with Continental and needs to do better. He repeated that message Thursday.
That will require United to make decisions about where it flies, the level of service it provides, and many other choices.
Munoz’s team may have been distracted from that work over the past two months by a potential proxy fight with two major shareholders who were unhappy with the company’s profits and stock performance. On Wednesday, United and the shareholders announced a settlement that will avert a showdown at the annual meeting this s...
Men’s golf placed fourth at the Firestone Invitational. Eastern was led by Kalamazoo native Nick Carbary, who shot one under to finish seventh.
EMU (7-5-3, 4-0-2 MAC) has won six matches in a row, after beating Buffalo (1-12-1) on Sunday.
Monique Budani posted her fifth shutout of the year and 21st of her career. Eagles scoring leader Paige Sheridan picked-up her sixth goal of the year.
Next up on the Eagles’ schedule is Northern Illinois on Friday, Oct. 1 at home.
EMU women’s cross country team took fourth place on Friday, Oct. 8 at the 5,000 meter Michigan Intercollegiate at Oakland University.
The Eagles placed two runners in the top 10. One of them, Courtney Calka, took first overall with a time of 17 minutes, 16 seconds. Natalie Webb finished with her best time (18:36) this season at ninth.
The Eagles finished sixth at the Heather Farr Memorial tour at the Colorado National Golf Club last weekend, scoring a 932. Darby Peters and Robyn Scott tied for sixth scoring a 226 for the weekend.
20 hostages killed in Bangladesh, many "brutally hacked to death"
Around 20 people of different nationalities are being held hostage.
“We’ve recovered 20 bodies. Most them had been brutally hacked to death with sharp weapons,” army spokesman Brigadier General Nayeem Ashfaq Chowdhury told reporters.
The army said that most of the hostage victims were Italian or Japanese.
Last night, Bangladeshi security forces ended a siege after storming a cafe in Dhaka where dozens of diners had been held captive through the night and shot dead six of the hostage-takers.
Police said at least 13 hostages, including three foreigners, had been rescued after commandos took control of the cafe in the upmarket Gulshan quarter.
Two police officers were also killed at the start of the siege as they battled the hostage-takers who were heavily armed with explosives.
The Islamic State organisation claimed responsibility for the attack which follows a series of gruesome killings of religious minorities, foreigners and liberal activists in the mainly Muslim nation.
“The operation is over. The situation is completely under control,” army spokesman Colonel Rashidul Hasan told AFP.
Prime Minister Sheikh Hasina said she was determined to eradicate terrorism in Bangladesh following the attack.
“It was an extremely heinous act. What kind of Muslims are these people? They don’t have any religion,” she said in a televised speech.
People must resist these terrorists. My government is determined to root out terrorism and militancy from Bangladesh.
Tuhin Mohammad Masud, a commander of the elite Rapid Action Battalion which led the storming operation, said the cafe itself had been cleared but added that some of the hostage-takers might still be at large.
“We have gunned down six of the terrorists” Masud told India’s Times Now television channel.
The main area that they have been occupying has been cleared… Maybe some of them have escaped into a larger area.
An AFP photographer at the scene said he could hear a massive gunfight as security forces launched the rescue operation more than 10 hours after militants seized the hostages on Friday night.
Eight hostages including a foreigner were rescued in the first few minutes of the operation, a senior security official told AFP on condition of anonymity.
The Islamic State group claimed responsibility for the attack on the Holey Artisan Bakery cafe in Gulshan which is Dhaka’s wealthiest neighbourhood and home to many embassies.
Police said the gunmen burst into the restaurant shouting “Allahu Akbar” (God is Greater) as people were having dinner at around 9:20pm and set off explosives.
Some diners managed to escape including an Argentine chef and a Bangladeshi man who took refuge in an adjacent building.
“He is very nervous,” the man’s uncle, who had spoken to him by phone, told AFP.
The restaurant’s supervisor Sumon Reza who escaped by jumping from the roof told a local newspaper there were 20 foreigners being held hostage.
“I was in the roof. The whole building was shaking when they set off explosives,” he said.
Bangladesh has been reeling from a wave of murders of religious minorities and secular activists by suspected Islamist militants.
But those murders generally only involved a handful of assailants while the latest attack appears to have been on a much bigger scale and the first time that people were held hostage.
The IS-linked Amaq news agency said the group was behind the attack and that “more than 20 people of different nationalities (were) killed”.
It later issued a number of photographs of what it said were scenes from inside the cafe.
The pictures, which were not immediately possible to verify, showed what appeared to be a number of bodies lying in pools of blood.
Heavily armed police and paramilitary guards cordoned off the area around the restaurant after the militants launched their attack and then became involved in a firefight with police.
“Two police officers including the head of Banani police station were killed. It appeared they were hit by bullets and splinters from a grenade,” deputy commissioner of Dhaka police Sheikh Nazmul Alam told AFP.
Up to 20 police officers were injured.
The attack, which comes as Bangladesh observes the Muslim holy month of Ramadan, follows a series of killings targeting religious minorities and foreigners.
Earlier Friday, a Hindu temple worker was hacked to death in western Bangladesh and a Hindu priest was stabbed and critically wounded early Saturday in the southwest of the country.
The government and police blame homegrown militants for the killings, which they say are part of a plot to destabilise the country.
Last month authorities launched a nationwide crackdown on local jihadist groups, arresting more than 11,000 people, under pressure to act on the spate of killings.
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The next time you find yourself being chased by bill collectors, all you need is a beaker full of gallium to turn the aluminum baseball bats they’re wielding into what looks like a kid-safe toy made from squishy Nerf foam.

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