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Thursday, July 31, 2008

From Good To Great ... To Below Average

There is an interesting post on the Freakonomics blog titled From Good to Great … to Below Average. The post talks about how many of the companies profiled in the book are not all that spectacular today.

Ironically, I began reading the book on the very same day that one of the eleven “good to great” companies, Fannie Mae, made the headlines of the business pages. It looks like Fannie Mae is going to need to be bailed out by the federal government. If you had bought Fannie Mae stock around the time Good to Great was published, you would have lost over 80 percent of your initial investment.

And at the end:

What does this all mean? In one sense, not much.

These business books are mostly backward-looking: what have companies done that has made them successful? The future is always hard to predict, and understanding the past is valuable; on the other hand, the implicit message of these business books is that the principles that these companies use not only have made them good in the past, but position them for continued success.

Read the whole post here.

Sunday, July 27, 2008

Funny gmail bug

Spotted this in my Inbox today. Although it says -64 mails, all the mails are there, so I suppose its kind of a harmless bug.

Thursday, July 24, 2008

Window with Sunflowers and Pine Cones

Window in Roussillon a small ochre mining town. Near the town are some beautiful coloured cliffs.

Saturday, July 19, 2008

Chennai OpenCoffee Club Turns One!

It's hard to believe but the Chennai OpenCoffee Club will soon turn 1 year old. Vaidhy and I started it with the first meetup on the 5th of August, 2007 at Subway (Read about it here). Since then, OCC has spread out to Bangalore, Mumbai, Pune, Hyderabad, Delhi, Noida and Kolkata (See the links at the bottom of this post to join these OCC groups).

What is the Chennai OpenCoffee Club?

Here's the blurb from the website
The Chennai OpenCoffee Club is a place for people involved in the startup ecosystem to meet in an informal setting. Anyone involved with startups - entrepreneurs, developers, lawyers, investors - is invited to come and join the conversation.

Chennai OpenCoffee Club Links

Media Coverage
OpenCoffee Clubs In Other Cities

If you are from another city or traveling, you might want to catch up with one of these other OpenCoffee Clubs