The Economist had an interesting statistic hidden in an article about management training.
…the number [of students] who have their tuition fees paid for by their employers fell from 69% [in 2005] to 39% [in 2015]
That’s a big drop of ~40%. The article suggests two reasons: companies are being chintzy and companies do not want to loose their (newly) more valuable employees. I think they are, as usual, being short sighted.
The Economist has a depressing article on how to join the 1%. Short answer: Attend the right (elite) college.
The long version can be found in a book – Pedigree – (which apparently is now the #1 best seller in its category and is sold out on Amazon). Wow.
Nice little profile of Marc Andreessen (and the VC industry at large) in the New Yorker this week. Some interesting titbits:
- Andreessen Horowitz’s code name is a16z. Funny.
- Each year ~3000 startups approach a16z. Wow. That’s ~11 approaches a day. They fund ~15 a year.
- There are ~800 VC firms in the US. (Compare this to the ~300k “angels” that the Economist reports.)
HBR had a an interesting stat that was a bit surprising to me. Based on a survey of 900 people across 5 countries it showed that the majority were (blissfully?) unaware of the data they are sharing in their online activities.
I would have thought the number of people who were aware to be much higher.
Given all the hoopla about the Verizon/AOL deal, I thought it would be useful to keep the hype in perspective. According to a recent article in the Economist, four firms – Google, Facebook, Baidu and Alibaba control 50% of all digital advertising worldwide. AOL has about 2% of market share (source: WSJ).
In the spirit of sharing, here’s one book that you can safely stay away from.
I thought it would provide perhaps a good framework, some good data points or pointers on IoT. Sadly it disappointed on all these fronts. Live and learn.
Two interesting tidbits from a recent Economist article on cloud.
- AWS (Amazon Web Services) is thought to be ~$5B/year in revenue and valued at ~$44B (vs. HP valuation of $60B). Wow.
- Azure seems to be on fire (~doubling of revenue from previous year)