Count those beans!


I love this:

”…real shareholder value is not about what I can make this quarter. It’s about whether we are going to be in business for a long time. That does not take a spreadsheet guy running the business. The odds are almost always that if an ex-CFO is running a public company, it’s a short-term play. Not always, but almost always. It’s why Boeing screwed up the 787. They put the MBAs and the finance guys in charge in a technology company.”

Steve Blank on what Yahoo does wrong with startups, Amazon does right – Puget Sound Business Journal.