Shutterstock Startups can be just as risky as they are promising — 20% of small businesses fail in just their first year. But Reid Hoffman, venture capitalist and co-founder of LinkedIn, has a method for success that bucks tradition. “Blitzscaling,” as Hoffman calls it in his new book, means prioritizing speed over efficiency in the face […]
Tag: Cofounder
The cofounder of a shaving company that’s raised nearly half a billion dollars to take on Unilever and Procter & Gamble explains how he’s building a brand to last 100 years
Hollis Johnson/Business Insider Jeff Raider is the cofounder and co-CEO of razor company Harry’s. Raider is also a cofounder of eyeglasses company Warby Parker, and brought its vertically-integrated, direct-to-consumer model to shaving with Harry’s. In an episode of Business Insider’s podcast “This Is Success,” Raider explained how working himself to exhaustion across three jobs taught […]
The cofounder of fashion brand Superdry is donating £1 million to fund a second Brexit referendum
REUTERS/Henry Nicholls Julian Dunkerton, the cofounder of fashion brand Superdry, is donating £1 million to the People’s Vote campaign. The UK campaign group is calling for a second referendum on the terms of Britain’s exit from the EU. It wants Brits to be given the option to remain in the EU if they don’t like […]
The billionaire cofounder of WhatsApp is ‘resting and vesting’ — showing up to Facebook and barely working in order to collect a $450 million payday (FB)
WhatsApp cofounder Jan Koum announced he planned to leave Facebook in April. But he’s still showing up to the office once a month so he can continue to collect $ 450 million in Facebook stock he’s contractually due from when Facebook bought his company. It’s a high-dollar example of “rest and vest,” where big tech […]
Starting a company won’t make you a good CEO, says the serial entrepreneur cofounder of OKCupid
Hollis Johnson/Business Insider Sam Yagan started his first company, SparkNotes, his senior year at Harvard University without money or a foundation to build professional success. Yagan went on to be the CEO of Match.com after co-founding OKCupid and is now the CEO of ShopRunner. He credits his success to being present, surrounding himself with people […]
The cofounder of SparkNotes got a flood of hate mail when his site went live — and he knew it was a good sign
Hollis Johnson/Business Insider Sam Yagan is a lifelong entrepreneur and exec. He is the cofounder of OkCupid, and was head of the dating site conglomerate the Match Group for seven years. His first company was SparkNotes, which he founded while at Harvard. Yagan told Business Insider that when SparkNotes first launched, the team got a flood of […]
Atari co-founder Ted Dabney dies
The game industry has lost one of its most influential early figures. Ted Dabney, who co-founded Atari along with Nolan Bushnell, has died after deciding against treatment for esophageal cancer. He and Bushnell created Atari’s predecessor Syzygy in 1971 and produced Computer Space, the first commercially available arcade game. They then used that experience as […]
Google Cofounder Sergey Brin Warns of AI’s Dark Side
Google cofounder calls advances in artificial intelligence “the most significant development in computing in my lifetime,” but warns of ethical concerns. https://media.wired.com/photos/5ae396985ac0d714a1b643bc/master/pass/SergeyBrin-627783640.jpg
Microsoft’s billionaire co-founder has an art collection worth as much as $750 million — see the painting he just sold for a cool $35 million
Art Basel Hong Kong is the premier art fair in Asia for millionaire and billionaire collectors to buy and sell art. China is now the second biggest art market in the world, after the United States. Art Basel Hong Kong kicked off this year with one of its biggest sales yet thanks to Microsoft co-founder […]
WhatsApp cofounder: It’s time to delete Facebook
WhatsApp cofounder Brian Acton said today people should get rid of their Facebook accounts. WhatsApp, a chat app with 1.5 billion monthly active users, was acquired by Facebook in February 2014 for more than $ 16 billion. “It’s time,” Acton tweeted, followed by #deletefacebook. It is time. #deletefacebook — Brian Acton (@bria…Read More
