"Ramen profitability is the other extreme: a startup that becomes profitable after 2 months, even though its revenues are only $3000 a month, because the only employees are a couple 25 year old founders who can live on practically nothing. Revenues of $3000 a month do not mean the company has succeeded. But it does share something with the one that's profitable in the traditional way: they don't need to raise money to survive."
Paul Graham is always a good read.... Check out the full blog post.
(via @dhh) on FLOSS "Screw 'Release early, release often'... I'm going to polish the hell out of this thing! I'm going to write the documentation. I'm going to build up some marketing intensity around it. I'm going to do all these things that open source projects do not..."
In a world of junk food and harried families, we saw the rise of the fast-food nation and the high price paid for its convenience. From that frustration was born the Slow Food movement, which promotes a healthy relationship with food. The Slow IT movement applauds that sentiment and seeks to apply it to technology management.
Interesting, funny and again interesting...
IDG News Service - Sun Microsystems' JRuby team is leaving the company to work for application hosting company Engine Yard, citing the uncertainty surrounding Sun's planned acquisition by Oracle.
I know... I remember back in the late 80's on Wall Street and the 90's in the web start up community, we couldn't buy the boxes fast enough. When those industries took a hit, Sun was pulled down with them like a swimmer wrapped in a boat anchor.
"...more important, the hardware represents a buy-in by customers that doesn't exist in the commodity world; you don't change vendors in the high-end Unix server world because another vendor is offering a better promotion..."
Conservative customers perceive blood in the water and are voting with their dollars for the second tier Unix Server producers like IBM and HP. Too bad... Sun has given so much back in the form of quality software in the market. James Gosling has only half joked in the past that "Sun issues Hardware as a receipt for software"
This Forbes brief also highlights the severity of the matter
[Sent from my iPhone 3GS]
"Chubb turned into an outstanding quarter in every respect, despite the recessionary conditions in the US and around the world. We had terrific underwriting results and our investment portfolio performed extremely well...
...CCI’s performance in a difficult economic environment is a tribute, we think, to the franchise value of our brand, which is holding up nicely in a competitive market...
...The real story in CCI is its determined and consistent drive to secure rate increases as reflected in its overall 2.0 US renewal rate increase which improved a point over the first quarter and continued a trend of improving rates in each of the last four quarters..."