Monday, March 28, 2011

How To Pitch: The Rachel Sequoia Way



This three minute video has been making the rounds. It is a great video, and a great pitch. This actually fits my idea of a pitch. A pitch should be a video clip. "Passionate and irreverent, she presented her concept entitled Share The Air in bare-feet and using hand drawn illustrations to articulate her points. She was looking for $500,000 to help get her idea off the ground....." You can see her lift the energy in the room as she wades through. "I am not a fighter." I like that line. "I am a lover, not a fighter." "Air is at least 6% energy." Great. I have been wanting to say that the longest time. I said something similar in a blog post on January 29. You pack the revolution into the air. Bare feet. I like that. Awesome.

New York Times: A Dog's Got To Eat

Image representing New York Times as depicted ...Image via CrunchBaseI am fond of the New York Times. Both NYT and I seem to like the same font: Georgia. I did not learn that from the New York Times, but the similarity lead to affinity. It is a great paper. If I could get only one source of news - thank God I don't, thank the wild wild web - the New York Times might be in contention. And I take hometown pride.

Reading articles in the New York Times feels like reading a book. As in, the quality is great. In most cases it is better than reading a book. Because many many people work on any one article. There is a lot of collaboration. Most books gets written by people who think they are smart enough that they can go solo.

I once read a tweet from someone from the New York Times - Indian dude - during the Gulf Crisis. He made it sound like he was going home after like a month. He said he had been working on this one article. The article took me five minutes to read. And I am like wow. You mean you and many others worked on this for a month? To give me a great five minute experience?

Sunday, March 27, 2011

Jagdish Bhagwati: Misplaced Criticism Of Yunus

Jagdish Bhagwati - World Economic Forum Annual...Image by World Economic Forum via FlickrThere is no doubt that Yunus has done pioneering work in the field of microfinance. It is not that others have not, but I do think he deserved the Nobel Peace Prize he was awarded. Not only did he do pioneering work, he scaled it. The Grameen Bank is huge in size.

But if Jagdish Bhagwati gives Yunus less credit than I would like to, I don't have issues with that. That is a matter of difference in opinion.

What I do have issues with is where Bhagwati pours down a dozen paragraphs siding with Sheikh Hasina in her crusade against Yunus, and then concludes in the final paragraph by saying good governance plays a more central role in poverty alleviation than does microfinance, something I agree with. I'd put good governance, education, health, infrastructure, job creation, and microcredit, in that order.

Multidisciplinary Approaches

Image representing Vivek Wadhwa as depicted in...Image via CrunchBase
TechCrunch: Engineering vs. Liberal Arts: Who’s Right—Bill or Steve?: It takes artists, musicians, and psychologists working side by side with engineers to build products as elegant as the iPad. And anyone—with education in any field—can achieve success in Silicon Valley. ...... 92 percent held bachelor’s degrees, and 47 percent held higher degrees. But only 37 percent held degrees in engineering or computer technology, and just two percent held them in mathematics. The rest have degrees in fields as diverse as business, accounting, finance, health care, and arts and the humanities. ...... The most common traits I have observed are a passion to change the world and the confidence to defy the odds and succeed. ..... I never observed a correlation between the school of graduation or field of study, on one hand, and success in the workplace, on the other. What make people successful are their motivation, drive, and ability to learn from mistakes, and how hard they work. ..... Steve Jobs taught the world that good engineering is important but that what matters the most is good design. You can teach artists how to use software and graphics tools, but it’s much harder to turn engineers into artists. ... Our society needs liberal-arts majors as much as it does engineers and scientists. .... My advice to my students—and to my own children—is to study what interests them the most; to excel in fields in which they have the most passion and ability; to change the world in their own way and on their own terms. Once they master their domain, they can find the path to entrepreneurship. ...... Maybe they can team up with the hard-core engineers who develop the clunky, inelegant, over-engineered products that Bill is famous for
Vivek Wadhwa is making a lot of sense here. I have instinctively known this to be true. You need to look at a problem from many angles. As for what makes for an entrepreneur, that is a mystery. There is no correlation between someone's major or what school they went to and if they will become an entrepreneur. I think about 1% of the population is born to launch companies. As to where that ratio comes from, I don't know. I just observe that to be the case.

An entrepreneur builds teams. If they need someone with a particular major, they will go get that person. Have you noticed? 99.99% of engineers go work for someone else.