If there's anyone who knows about business, it would be Sean Parker. The Managing Partner of Founders Fund (also of Napster, Plaxo and Facebook fame) recently sat down with Fast Company to discuss about businesses, and why some tend to fail. Parker sums it up in this 30-sec clip:
"mySpace never would have existed if Friendster had been a properly managed company. Most of my friends were investors, I was advisor to the CEO, we were all screaming the sky is falling, no one was doing anything about it, classic case of where a company just blew it. And mySpace is another case where a company just blew it. Facebook had not chance to win, we should not have won the market, the network effects at mySpace were so powerful, the only reason we won was because of the gross incompetence of mySpace, systematically, over many years."
Looks like being a One Direction fan has its perks. Especially if you want to propose, in mid-concert. The band helped this guy propose to his girlfriend at their concert and this was the result: Read more
The Game of Thrones Season 4 finale was everything that diehard fans had been waiting for. But now that its over, that leaves a lot viewers with nothing else better to do but sit tight and just wait for the next season. While we all wait for that to happen, here's a list of things to do that can help you keep occupied: Read more
Being a dad seems like the coolest thing because having a kid look up to you is one of the best feelings there is. Of course, that doesn't mean parenting is easy. Here are 17 moments when dads found it tough to be dad. Read more