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- Once upon a time I was always before my time! Time though, has moved on and finally I am in the moment! - famous people - famous brands... all good things come to those who wait! Needless to say...
- Yes, timing is everything. And the would-be start-up entrepreneur's job is to just keep going until investors agree that the timing is right. Having said that, I think the best opportunities...
- Thanks Alan. As ever timing the market will be critical for entrepreneurs and investors alike.
- Good point, Nic. Media in the traditional sense is changing so quickly that buying it in the traditional sense is on the way out too. The difficulty that large corporations will have with social...
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Nic Brisbourne’s view from London on venture capital and exploiting change in technology and media
In 1937 British socialist Ronald Coase published his seminal paper The Theory of the Firm in which he argued that business is done in corporations rather than through a multitude of peer to peer agreements because transaction costs are lower in corporations. In particular they reduce the
... Continue reading »
2 years ago
Turned out that a transaction is often far more than just the search / find bit...there is a whole dance around trust (in the broadest sense - can you deliver / are you honest / will you survive / can I sue you / etc ) that also comes into play.
Wikinomics as a book - imho - is too much on the "rah rah" stuff and a bit light on the "cynic" parts of overall transaction economics eg agency theory, asymmetric market theory etc etc.
You just have to look at Wikipedia, Digg etc to see how these more cynical sides of transaction games are played
2 years ago