The Lean Startup, In Bullet Form

In “The Lean Startup,” Eric Ries emphasizes entrepreneurial principles derived from cases in his Stern MBA program. Key concepts include the Minimum Viable Product, testing assumptions, collecting feedback, and continuous innovation. He also discusses competition, suggesting sharing ideas for feedback and focusing on learning quickly to succeed against rivals.

My Perspective on Occupy Wall Street

The author reflects on a visit to Zucotti Park, home of the Occupy Wall Street movement, noting a decline in participation amid rain. They express agreement with the movement’s critique of government complicity in corporate greed, while cautioning against reliance on governmental bailouts. Ultimately, they call for a balanced approach to market and government roles.

Thoughts on Business Plans

In a recent Digital Media Marketing class, guest lecturer JB Rudelle emphasized that startup business plans primarily provide self-assurance for entrepreneurs and help attract talent. He noted a potential shift in how business plans are perceived, suggesting that they may now hinder rather than help startups in fast-paced markets.

The Virtue of Selfishness, and Net Neutrality

In a recent NYU Stern class, students discussed net neutrality’s economic implications, asserting that allowing Internet Service Providers to filter content reduces consumer choice and overall utility. While net neutrality may seem to require government regulation, it could enhance individual freedom of content selection. The debate highlights concerns over bandwidth as a limited resource versus unregulated market dynamics.

Advice to Entrepreneurs from VC Eric Hippeau

This week at NYU Stern, guest lecturers Eric Hippeau and David Ko shared valuable insights on digital media marketing and entrepreneurship. Hippeau emphasized the importance of credibility, compelling ideas, and understanding the competitive landscape in pitches, while Ko highlighted the need for enjoyment and impact in one’s career.