My thoughts on Web 2.0 Finance 2.x and Management.
It was amazing to hear the story behind draw something, to whoever hasn’t heard :New mobile app, connect with facebook, choose a friend, then word to draw, he needs to guess what you drew, then you need to guess etc’ , very addictive .30M users in 6 weeks !12M daily active users in 6 week !100-200K […]
So far, a month after my birthday, I am still consistently writing at least one post a week. I have also noticed that the traffic on the site is jumping to a record of 520 views a day on my early posts, and then going to 250 views a day on my latest posts, and […]
Why is MONEY the best product ever made ? Its a data driven conclusion Today, the most important KPI for an internet companies are simply the number of active users (facebook 800M etc’), as long as that number is growing the product is doing well. (Other KPI’s can be you have cohorts of active users, […]
We believe that a new economic framework requires a new form of digital currency (aka the good dollar). The bitcoin protocol is perfect as the underlying technology just as HTTP is the foundation of the web. Below is the initial spec to build the new framework on top of the Bitcoin network, thus creating an economy of bitcoin […]
Ever since I remember myself I tried to make money. When I was 12 I took my brother’s D&D miniature figures (he used to buy them and paint them) and sell them to my friends at school. At 13 I got the material cost issue and simply took his paintings and copied them and sold copies. At 14, I […]
eToro announced today that we completed a round ‘Social’ Investment Network eToro Is Picking Up Another $15 Million … A lot of people asked me why we raised the money, and when I say that we want to expand and scale our business faster it doesn’t do the trick, I realize its more perception than anything […]
I am fascinated by the trend of micro VC’s and acceleration, In general I am a big fan of the VC concept in general, in vesting in visionary growth and in entrepreneurs is obviously something I believe in.In the mgmt2.0 post I said anyone can be a manager, this statements was highly criticized, so I will elaborate, while people […]
As a young CEO of an Internet company, it seems there are many flaws in how the word ‘management’ is perceived by most people. Older people seem to think management is about organization and order, about tasks that must be defined and executed accurately, about wrong perception of hierarchy and that long detailed planning will help with improving quality. When the […]