A
Just finished reading 'Burn Rate' by Michael Wolff, and i really enjoyed it. Some of the technology went over my head, but i liked the bottom line that bascially said that nobody knows what the hell to make of the Internet and how to make money on it.
I got the impression that we are going to be in for a few more big busts before the dust finally settles.
Some of the most successful companies appear to be ones without a strategy and a clear focus.
At one point in the book Wolff manages to sell an idea to a company for 20 Million $. Afterwards they are so unsure about what they have actually sold that they have a problem to define it in the contract.
An interesting read, no Geek will ever pull the wool over my eyes again.
Regards
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Andy B
I got the impression that we are going to be in for a few more big busts before the dust finally settles.
Some of the most successful companies appear to be ones without a strategy and a clear focus.
At one point in the book Wolff manages to sell an idea to a company for 20 Million $. Afterwards they are so unsure about what they have actually sold that they have a problem to define it in the contract.
An interesting read, no Geek will ever pull the wool over my eyes again.
Regards
------------------
Andy B