Inario

Yeah : mon Kindle est arrivé ce matin. #yam

RT @SabineHerold Ma Gd-Mère: “à croire les ministres, JSarko est si parfait qu’on devrait le mettre au Pav de Breteuil avec le mètre étalon”

I had missed this paper : Managerial Incentives and Value Creation: Evidence from Private Equity http://bit.ly/3gGnKF #PE

Réunion sous-marine pour le gouvernement des maldives http://bit.ly/2De662

Interesting initiative from the Maldives gouvernement, holding a meeting underwater in order to sign a communication calling all nations to diminish their carbon emissions.

After all, a great part of political spin-doctoring resides in creating the right photo opportunities, and I believe this one is a success. Of course the Maldives cabinet is probably highly incentivized on this matter: the archipelago will obviously be among the first countries to suffer in case the water…

An interesting apparition of the 80/20 rule : a Comscore report (via
Broadstuff), clustering internet users in clusters according to their
frequency of clicking on display ads, shows that 85 % of display ad clicks are due
to 8 % of internet users.

The real question — nearly impossible to tackle, though — would be that of the demographic differences between this 8 % and the remaining
92 %.

The report’s summary :

One gay man, two lesbians, a three-legged cat and a poisoned curry plot http://bit.ly/PqRiJ

RT @jpalacin: “Mais papa, je voulais pas un Epad, je voulais un ipod” mdr, j’avais loupé ce #jeansarkozypartout

Home automation made easy http://twitpic.com/lrr09 #yam

50 Most retweeted users ever. CNN is only 49th. http://bit.ly/tBvoj

J’adore les chats : ça ne sert à rien. Mais c’est joli. http://bit.ly/nHOOc (via @Expertissim) #yam

YES ! RT @pjozefak: EVCA event: I just keep hearing let’s lobby, let’s lobby. Screw lobbying. Invest and get shit done.

Image via Wikipedia

Great quote from the highly recommended Marginal Revolution about the fine line between brilliance and lunacy. The original quote is from an article in the NYT.

Speaking of dinner, when the German naturalist Alexander von Humboldt
told a friend, a Parisian doctor, that he wanted to meet a certifiable
lunatic, he was invited to the doctor’s home for supper. A few days
later, Humboldt found himself placed at the dinner table between two
men. One…

The wisdom of crowds…

A recurring theme these years is the Wisdom of Crowds meme, from the eponymous book by James Surowiecki: the average opinion of a great number of uninformed people is often better than the informed opinion of a few experts. .

The book is not short on examples to support its point of view, from
the weight of a cow at a farm show to the sales forecast at an IT
manufacturer. It even led to the creation of a wealth of companies
dabbling in prevision…

A fundamental thruth of Venture Capital: very, very often, we get it totally wrong.

All the incentives are there to make it more painful to believe in a company that doesn’t make it (Type I error) than to pass on a company that makes it big (Type II error). As a consequence, from the moment we receive a business plan, assuming we get excited by the company, most of the review process is focused on finding good reasons to say no.


And it is to be expected that sometimes we are…

Caterina Fake, founder of Flickr.com : Working hard is overrated

(via Bijan Sabet)

“When we were building Flickr, we worked very hard. We worked all
waking hours, we didn’t stop. My Hunch cofounder Chris Dixon and I were
talking about how hard we worked on our first startups, his being Site
Advisor, acquired by McAfee — 14-18 hours a day. We agreed that a lot
of what we then considered “working hard” was actually “freaking out”.
Freaking out included panicking,…