70 karma · joined July 2, 2014
I posit that the local German response of Apple was an overreaction, the magazine's response has probably exacerbated the conflict. It will be interesting to see how this resolves itself.
Australia and the Netherlands had a similar issue with the downing of the Malaysian Airliner in Ukraine. In this case, the Ukrainian government had to pass legislation to allow armed Australian and Dutch military to support inspectors. They were just 'inspecting', not creating forced closures of specific areas, forcing burials, witholding care, etc all under significant armed guards.
The present situation on the ground (and the lack of 3rd party government level interaction) is largely a result of weak leadership by the UN. The better question is why the UN hasn't taken ownership of the outbreak?
The way that South Africa dealt with their AIDs epidemic (from a western perspective, true head in sand activity) is a case in point: despite many aggressive offers of help from western governments, the South African's continued their denial. To make a change would have required going against the government policy of the time. This is viewed legally as an invasion by an outside force.
What is utterly amazing is the Apple marketing engine. They have created (again) an amazing amount of buzz without any traditional marketing (if anything eschewing traditional channels). Probably so many lessons to be learnt here, but the one I think is most key is how they are completely turning release marketing on it's head. Traditional marketing would have leaks, pre-release interviews, teasers, celebrities getting access to a pre-release version. They do the opposite - nothing. In an insatiable world demanding instant news and updates, conventional wisdom suggests this should not work ... but it does, spectacularly so.
Having said that, I am baffled by this. While I appreciate that there is a battle own an individual's primary social network and spend more time/content on LinkedIn vs say Facebook. But, IMHO, wouldn't it have been more prudent to build up the functionality of the LinkedIn component while still offering the functionality that 300k plus users obviously wanted anyway? While this will probably be re-offered (it now looks that it is) as a LinkedIn only plugin, LinkedIn are limiting their reach to only LinkedIn users.
Had they continued to build the multi-network capabilities and brought the marketing/reach of LinkedIn to the product, I dare say they could have owned a significant portion of all GMail users and likely been no.1 in the space. Controlling that (and offering preferential treatment to LinkedIn) what definitely add value.
Who knows the end result, but it looks like a missed opportunity that someone else will come in and take.
Today, big banks/corporates/consulting firms now no longer offer that same social contract (they would argue they do, but they don't - with few exceptions). You are expendable and most firms would be happy for you to stay where you are (same role, same salary) and if you want to change, go find it outside the company.
So in complete agreement with the author that a big name brand name won't necessarily move your career forward.
But extrapolating that further, what I am now seeing is that this first choice can irreparably hamper your choices down the road. Following the 'traditional' and 'secure' path of a big company/consulting firm etc is now seen as the safe, risk free, dare I say boring choice. If you have any intention of being in a risky role (ie startup/entrepreneur) the signalling from a big comfortable riskless name on your resume may do more harm than good.
I review candidates for roles in a fast paced tech startup. If I have a choice between someone from say Microsoft and someone from a failed startup, everything else being equal, I will pick the startup man/woman every time.
It is now everything else besides the coursework/books and framework of teaching that is now valuable for a budding entrepreneur: access to additional funding, VCs, and a structure to support you.
Indeed, and I may have been remiss in mentioning this before, for an entrepreneur, some MBA programs provide a very safe opportunity to pursue your initial idea. You have two years with a large amount of unstructured time, amazing resources (including funding) and typically a strong financial support network (feed, house, cloth you). At the end of your two years you can have built either a successful initial idea or indeed cycle through 2 or 3 ideas. And at the end? If you haven't made it, you will have a strong position to re-enter the workforce - with some great stories to tell.
That a MBA is purely coursework/books is very myopic.
I completed my MBA in 2006 while my school was shifting itself from the traditional aspects above to include a more entrepreneurial focus. If you asked me at that stage for a budding tech entrepreneur is there value in an MBA, the answer would mirror the position of the writer.
However, some schools have made significant strides in developing their programs and themselves to support entrepreneurs (or people who want to pursue that pass). I have been stunned in the way some schools now offer almost entire programs around entrepreneurship. Is that enough to overcome the cost?
I don't have an answer for that, but here are my thoughts: 1. Many, if not all of these programs, now have incubators/competitions as a part of the program with significant seed funding available 2. Similarly, many schools have developed networks with local VCs getting that initial access to funding and offer amazing access to coaching and angel investors 3. Maybe a little esoteric, but that 100k might give you that one piece of credibility/analysis etc that gets you that first round of funding, or helps you avoid that one mistake that could jeopardise you business and/or any funding you needed to keep your business running.
This is not an easy choice, but increasingly, some MBA programs do offer a LOT of value for the $100k
A likely scenario is that this post was circulated internally at Grooveshark and their executive team and/or HR team reminded their employees about their obligations.
I am concerned for the submitter - I don't think this is the last we hear of this.
I think he would do just fine today.
AcquiHire is becoming a real trend in the market. I think the key drivers are a lack of available talent willing to change companies and misaligned remuneration. The lack of talent is a common thread. Misaligned remuneration is something more interesting and likely to affect existing devs and companies more and more.
If you are in that high echelon of dev talent, you can find someone willing to offer a good salary and the promise of x% of potentially something large in the future. Or now, you can launch your own company, throw out a flashy project to demonstrate your skills, and by acquired by a Dropbox (or it's ilk). This way, you will likely get the same salary, the same promise, but a significant signing bonus upfront.
How companies are going to react to this trend will be interesting. Will signing bonuses and ongoing bonuses make a significant return?