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Startup Archive
Jony Ive: "I believe we sense when there's care taken with a product”
In the clip below, Jony shares that one of the things he has come to feel really strongly is that customers can sense when care has been taken with a product:
“I can’t articulate why, but I believe we sense when there’s been care taken with a product. Just in the same way we sense carelessness.”
Jony believes that most of our manufactured environment today sadly testifies to a degree of carelessness:
“It testifies to: get it built fast, make it cheap, make it look different. There’s just that sort of carelessness. And I just think it’s one of the things that we can strive to do for humanity, and it’s a way that we can serve: is to take care.”
This philosophy may have been instilled by Steve Jobs. In Walter Isaacson’s biography of Jobs, there’s a story of the time Jobs insisted that every element of the Macintosh computer be beautiful—down to the circuit boards inside: “Look at the memory chips. That’s ugly. The lines are too close together.”
When the computer was finally perfected, Jobs had the engineers’ names engraved inside each one. “Real artists sign their work,” he told them.
Isaacson comments:
“No one would ever see them, but the members of the team knew that their signatures were inside, just as they knew that the circuit board was laid out as elegantly as possible.”
Video source: @VanityFair (2014)
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Jony Ive: "I believe we sense when there's care taken with a product”
In the clip below, Jony shares that one of the things he has come to feel really strongly is that customers can sense when care has been taken with a product:
“I can’t articulate why, but I believe we sense when there’s been care taken with a product. Just in the same way we sense carelessness.”
Jony believes that most of our manufactured environment today sadly testifies to a degree of carelessness:
“It testifies to: get it built fast, make it cheap, make it look different. There’s just that sort of carelessness. And I just think it’s one of the things that we can strive to do for humanity, and it’s a way that we can serve: is to take care.”
This philosophy may have been instilled by Steve Jobs. In Walter Isaacson’s biography of Jobs, there’s a story of the time Jobs insisted that every element of the Macintosh computer be beautiful—down to the circuit boards inside: “Look at the memory chips. That’s ugly. The lines are too close together.”
When the computer was finally perfected, Jobs had the engineers’ names engraved inside each one. “Real artists sign their work,” he told them.
Isaacson comments:
“No one would ever see them, but the members of the team knew that their signatures were inside, just as they knew that the circuit board was laid out as elegantly as possible.”
Video source: @VanityFair (2014)
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Stock Analysis Compilation
Polen Capital on Apple $AAPL US
Thesis: Apple’s new AI-driven product cycle and enhanced iPhone features position it for renewed growth and strong returns
(Extract from their Q3 letter) https://t.co/fHZgMGsGAp
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Polen Capital on Apple $AAPL US
Thesis: Apple’s new AI-driven product cycle and enhanced iPhone features position it for renewed growth and strong returns
(Extract from their Q3 letter) https://t.co/fHZgMGsGAp
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Startup Archive
RT @foundertribune: Steve Jobs and Storytelling by @tfadell https://t.co/SRoPFSyTtb
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RT @foundertribune: Steve Jobs and Storytelling by @tfadell https://t.co/SRoPFSyTtb
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Startup Archive
Tony Fadell on Steve Jobs and storytelling:
"I remember sitting in the stands watching Steve Jobs tell the world about the iPhone in 2007. [...] It never felt like a speech. It felt like a conversation. Like a story.
And the reason is simple: Steve didn’t just read a script for the presentation. He’d been telling a version of that same story every single day for months and months during development—to us, to his friends, his family. He was constantly working on it, refining it. Every time he’d get a puzzled look or a request for clarification from his unwitting early audience, he’d sand it down, tweak it slightly, until it was perfectly polished.
It was the story of the product. And it drove what we built."
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Tony Fadell on Steve Jobs and storytelling:
"I remember sitting in the stands watching Steve Jobs tell the world about the iPhone in 2007. [...] It never felt like a speech. It felt like a conversation. Like a story.
And the reason is simple: Steve didn’t just read a script for the presentation. He’d been telling a version of that same story every single day for months and months during development—to us, to his friends, his family. He was constantly working on it, refining it. Every time he’d get a puzzled look or a request for clarification from his unwitting early audience, he’d sand it down, tweak it slightly, until it was perfectly polished.
It was the story of the product. And it drove what we built."
Steve Jobs and Storytelling by @tfadell https://t.co/SRoPFSyTtb tweet
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Stock Analysis Compilation
Loomis Sayles on Oracle $ORCL US
Thesis: Oracle leverages its strong market position and competitive advantages to capitalize on the growth of cloud-based solutions and enterprise software
(Extract from their Q3 letter) https://t.co/sfktdcsgsK
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Loomis Sayles on Oracle $ORCL US
Thesis: Oracle leverages its strong market position and competitive advantages to capitalize on the growth of cloud-based solutions and enterprise software
(Extract from their Q3 letter) https://t.co/sfktdcsgsK
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Offshore
Video
Startup Archive
Instagram founder Kevin Systrom: “most successful things are pivots”
Tim Ferriss observes:
“In some aspects, there’s a fetishizing of perseverance… And yet, if you look at a lot of the largest public successes, many of them had some type of pivot or shutting down of something that wasn’t working.”
He asks Kevin—who famously pivoted a failed check-in app into Instagram—how do you know when it’s the right time to stop?
Kevin posits that most successful companies are pivots. He points out that YouTube started out as a dating site.
And there are plenty of other examples. Slack started out as a gaming company called Tiny Speck. Twitter started out as a podcasting app called Odeo. Twitch started out as JustinTV, oblivious to gaming streamers. The Discord founding team's first product was Fates Forever, a MOBA game on mobile platforms that failed.
Kevin suggests that most first products fail because it's really hard to tell what's going to work before you put it in people's hands. He argues:
"The key to entrepreneurship is failing really quickly: putting it out there, seeing if it works. If it doesn't, diagnosing why. And then focusing on how to improve it from there... Most of the time you get it wrong. So the question is: knowing you're going to get it wrong, how equipped are you to deal with that failure really quickly before you run out of money?"
He continues:
"The entrepreneurs that I've seen do really well are the ones that are equipped and engaged on the change from something that's not working to something that is. Far too many people--because of ego or whatever--stick with ideas for far too long, and it ends up going really poorly."
Video source: @tferriss (2019)
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Instagram founder Kevin Systrom: “most successful things are pivots”
Tim Ferriss observes:
“In some aspects, there’s a fetishizing of perseverance… And yet, if you look at a lot of the largest public successes, many of them had some type of pivot or shutting down of something that wasn’t working.”
He asks Kevin—who famously pivoted a failed check-in app into Instagram—how do you know when it’s the right time to stop?
Kevin posits that most successful companies are pivots. He points out that YouTube started out as a dating site.
And there are plenty of other examples. Slack started out as a gaming company called Tiny Speck. Twitter started out as a podcasting app called Odeo. Twitch started out as JustinTV, oblivious to gaming streamers. The Discord founding team's first product was Fates Forever, a MOBA game on mobile platforms that failed.
Kevin suggests that most first products fail because it's really hard to tell what's going to work before you put it in people's hands. He argues:
"The key to entrepreneurship is failing really quickly: putting it out there, seeing if it works. If it doesn't, diagnosing why. And then focusing on how to improve it from there... Most of the time you get it wrong. So the question is: knowing you're going to get it wrong, how equipped are you to deal with that failure really quickly before you run out of money?"
He continues:
"The entrepreneurs that I've seen do really well are the ones that are equipped and engaged on the change from something that's not working to something that is. Far too many people--because of ego or whatever--stick with ideas for far too long, and it ends up going really poorly."
Video source: @tferriss (2019)
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Stock Analysis Compilation
Mairs and Power on Kraft-Heinz $KHC US
Thesis: Kraft Heinz is driving sustainable growth through operational efficiencies, innovation, and investments in its iconic brand portfolio
(Extract from their Q3 letter) https://t.co/eoQlqROsc3
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Mairs and Power on Kraft-Heinz $KHC US
Thesis: Kraft Heinz is driving sustainable growth through operational efficiencies, innovation, and investments in its iconic brand portfolio
(Extract from their Q3 letter) https://t.co/eoQlqROsc3
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Stock Analysis Compilation
Artisan Partners on Onto Innovation $ONTO US
Thesis: Onto Innovation is leveraging advanced metrology solutions to lead in semiconductor and AI-related technology growth
(Extract from their Q3 letter) https://t.co/hBtWpu2o97
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Artisan Partners on Onto Innovation $ONTO US
Thesis: Onto Innovation is leveraging advanced metrology solutions to lead in semiconductor and AI-related technology growth
(Extract from their Q3 letter) https://t.co/hBtWpu2o97
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Quiver Quantitative
BREAKING: Jimmy Carter has died.
Carter put his peanut farm into a blind trust, when elected President. https://t.co/ZZpYROFIRg
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BREAKING: Jimmy Carter has died.
Carter put his peanut farm into a blind trust, when elected President. https://t.co/ZZpYROFIRg
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Hidden Value Gems
Another reminder to stay a little more cautious in the upcoming year 👇
h/t @CharlesSchwab https://t.co/nCmk24FzvH
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Another reminder to stay a little more cautious in the upcoming year 👇
h/t @CharlesSchwab https://t.co/nCmk24FzvH
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