Summary: Cleantech describes a category of companies defined by products that tread more lightly on the planet than alternatives. This grouping is more like Socially Responsible Investing (SRI) than it is like a “market category” that defines a career or that shows consistent patterns of financial performance. This matters a lot because categories provide context to entering talent, entrepreneurs, investors, LPs, analysts, and media, for example around the space of future career moves and around focus areas in a portfolio.
Everyday we throw around words like sector, industry, space, and so to describe some category of companies or products or market segments that we have in mind. Most of the time, precise definitions don’t matter because people get what we’re trying to say. But in certain contexts, these categories become important—for example, when they help talent define and signal themselves as “enterprise” or “consumer” or when they help investors define and signal focus areas in their portfolio. Continue reading
The Internet provides the perfect medium to aggregate the long tail of fragmented and illiquid markets. This dynamic has made the opportunity for creating online marketplaces so compelling.
The post includes an update to an earlier popular graphic by his colleague Andrew Parker that shows emergence and growth of (and need for) a range of focused marketplaces from what used to be aggregated in Craigslist (or managed by various intermediaries): Continue reading
Summary: There remains a lot of potential in applying consumer product thinking and culture to enterprise problems. It will continue to change how we work in dramatic ways.
Twice as many enterprise startups have become billion-dollar companies compared to consumer startups, he says. Continue reading
Here are a couple of big framing questions:
- What skills and body of knowledge does a specific individual need to learn for him or her to be a contributing member of society?
- And is it possible to learn the skills–like “how to learn” or critical thinking or quantitative reasoning or managing projects–in the context of a body of knowledge that’s relevant to doing something in the world, rather than knowledge that–in most cases–is an intellectual or academic or test-driven pursuit?
As one albeit narrow example of that, mathematician Arthur Benjamin suggests, in the short TED video below, building quantitative learning up towards statistics rather than calculus. Would parts of algebra fall in the same category as calculus?
What are your thoughts on the framing questions or pointers to others’ good thinking?
In recent years, many top universities have tried to guide their students into careers other than finance…
Wall Street — like a few other professions, including law, management consulting and Teach for America — is taking advantage of the weakness of liberal arts education.
For many kids, college represents an end goal. Once you get into a good college, you’ve made it, and everyone stops worrying about you. You’re encouraged to take classes in subjects like English literature and history and political science, all of which are fine and interesting, but none of which leave you with marketable skills…
What Wall Street figured out is that colleges are producing a large number of very smart, completely confused graduates… Continue reading