Thought of the Day/Month

Erm... Sorry, I've been neglecting the blog. It was quite a busy July. The project which is the bane of my existence is nearly completion of its draft. From Fred Wilson, of Union Square Ventures on "N+1 Theory":

I have found that most of the time, there is always more where you think there is nothing left. You may have to look a little harder/deeper but it is there.

That does not mean that there is an infinite supply of everything. Math would say that when you extrapolate N+1 all the way out you get to infinity. But we are talking about life, not math, here.

I find the N+1 theory very inspiring. It is pure optimism sprinkled with tenacity and we need that in our work and our lives.

What separates most competitors isn't a radically different business model but a few incremental differences. Those differences however, can result in several magnitudes of profit. N+1 is a reminder to push a little harder. As one reader, JacobAldridge, pointed out at Hacker News, "'Pure optimism sprinkled with tenacity' - that's a pretty good definition of a start-up, when you think about it." Indeed.