A Quote by William Mougayar

With the influx of available cryptocapital that has become widely accessible, it's going to be interesting to watch what happens next, because companies now have the luxury of raising enough money to build simultaneously a product, a company, and an ecosystem.
Most brands that are called luxury brands today are not true luxury brands. The globalization of fashion and luxury means you now find the same luxury brands in every city. The stores look the same, the products are the same. It is still a very good quality product but it is now readily available to everyone. It's a kind of mass luxury.
Our business is not based on having information about you. You’re not our product. Our product are these, and this watch, and Macs and so forth. And so we run a very different company. I think everyone has to ask, how do companies make their money? Follow the money. And if they’re making money mainly by collecting gobs of personal data, I think you have a right to be worried.
I have my own theory about why decline happens at companies like IBM or Microsoft. The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the quality of the product becomes less important. The company starts valuing the great salesmen, because they’re the ones who can move the needle on revenues, not the product engineers and designers. So the salespeople end up running the company.
If I buy a luxury gift for someone I love, it's got to be perfect. The product has to be in perfect condition from the company. If I'm going to buy a luxury watch or luxury car or clothing for someone I love, it's got to be perfect, and they've got to handle it perfectly. They have to pack it perfectly. I want the people that I love to have that great experience, because you're paying so much, you should have it perfect.
I am now experiencing perfect health, abundant prosperity and complete and utter happiness. This is true because the world is full of charming people who now lovingly help me in every way. I am now coming into an innumerable company of angels. I am now living a delightful, interesting and satisfying life of the most widely useful kind. Because of my own increased health, wealth and happiness, I am now able to help others live a delightful, interesting and satisfying life of the most widely useful kind, my good - our good - is universal.
Normally I can't watch playback. I can't watch anything because I know that it's so rough and there's going to be effects that are added, there's going to be sound effects, there's going to be so much stuff that happens between this point and that finished product that it just ruins the illusion for me.
At TwitchTV, we think of ourselves as a technology product company, so when we set out to innovate, most often we're trying to improve or build better features for the platform that will improve things for the ecosystem.
The biggest challenge is to build the team and start the company, while hiring people, raising money, building a brand which has no history, all at the same time. You're doing a lot of things that in an established company are already done.
Can anyone create an enduring business on the Web, where it's easy to build new companies, and when survival depends on the whims of fickle users? The big lesson of 'Digg' may be simply this: if someone offers you a ridiculous amount of money for a company that wasn't that hard to build, don't think twice. Take the money and run.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of life."
On the other hand, we raised $25 million by going public. It's that money that we used to build this company, to build the circulation, to build a high profile and to hire staff that made Salon what it is today.
Companies that actually survive and flourish are going to change their business model from production to aggregating the networks and the network services and solutions. If you're a construction company or an IT company or a logistics company or an information data operation, to the extent that you can find ways to help build the commons, you can get some commercial value in that.
Entrepreneurs say in an economic boom it's actually hard to build a company because everybody's too excited and there is too much money funding too many marginal companies.
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
We were told that building a product company in India is impossible, as there wasn't enough talent available. But we survived, thrived, and grew despite a whole lot of frowns and thumbs down.
I definitely think what drives technology companies is the people; because in a technology company it's always about what are you going to do next.
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