No wonder venture capitalists are so hard to get a hold of
Among the tsunami of conjecture and stupidity following the announcement of the iPad was this nugget from ReadWriteWeb:
Imagine never having to give a bland elevator pitch ever again. If an entrepreneur and a venture capitalist find themselves in the proverbial elevator ride, a VC will be pretty impressed by the startup that can pitch and demo their business in a matter of seconds while on-the-go.
The point of the elevator pitch is to succinctly express one’s unique value proposition; to pique interest, to provoke a response of “tell me more.” If you can’t verbally express your value proposition to gain the privilege of another’s attention, why in the hell would one think they’ve earned the right to harass another with an impromptu presentation?
The ability to communicate value succinctly is a prerequisite for attention and interest in the real world. Fantasy presentations with hypothetical devices are for the deluded. This discussion of the iPad is more realistic than the scenario above.
Got trust?
It is so easy to talk about trust and credibility; yet individuals and companies still struggle with the most basic elements of honesty and transparency. Case in point: Staples, 1-800-Flowers, and Orbitz. Go get ‘em Cuomo.
While we’re at it, John Moore has some tough love for Starbucks. The coffee giant is patting itself on the back for incorporating feedback from its customers. Not so quick…
Enough with the negative, already
There are those who resist change, and those who thrive with change. Far from dead, the music industry is entering an exciting new era; one in which musicians have more control over their destiny than ever. Lady Gaga gets it. Let’s all shut up and dance
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