JH: Who is that? [Laughs] If you’ve run a big company, enterprise computing is the underpinning of how something gets built. If you’re Tesla and you’re starting the company, you go and seek somebody who has a made-for-enterprise system: low cost, simple, and you’re going to make one product. So there is a pure genius running the company, but it isn’t the genius that drove that; it’s the economics. It’s also the waste at Ford that caused it to not evolve in that regard. That’s something I want to fix: You should have no advantage ordering your Tesla versus ordering your Ford. Ford’s not stupid. It’s not that they don’t get it. It’s the weight of that [older] enterprise system. That’s the area where disruption sneaks in, and I call it a thief in the night. It steals your livelihood. … [Read more...] about Ford CEO Jim Hackett On The Future Of Car Ownership And Driving
Self driving uber crash
One of the oldest ventures in the car rental business, KTC India is 75-years-old and was set up in pre-independence Karachi. Owned by Delhi-based Gurudev Ahluwalia, whose father bought the business in 1943 and moved it to Delhi after independence, even the stalwarts of India’s political landscaped leased cars from KTC during the time the Constitution was being written, to travel from their homes to the Parliament. Since then, the company has rented cars out to global politicians and heads of state on a visit to India, down to the recent US President Donald Trump’s visit to India. … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!
In the past five years, CVC deals have increased threefold, and in 2018 they represented 23% of all VC deals. Currently, 75% of Fortune 100 companies are active in CVC. CVCs are able to make independent decisions quickly, and they hold a robust portfolio of startups—facilitating a strong network effect for ideas/best practices to socialize. CVC has smaller gender gaps among their leadership teams compared to traditional VC: 15.9% of partners and executives in CVC are women versus 9.65% among all VC. Due to the interdependent relationship between gender representation among VC partners and who gets funding, CVC is already positioned to lead the way in closing gender funding gaps as well as gender gaps among VC leadership. CVC focuses on corporate strategic investments or investing in startups with the goal of creating value for the business that is separate from capital appreciation. CVC has access to large-scale corporate social responsibility (CSR) initiatives, which in turn … [Read more...] about How corporate venture capital could close the gender gap for entrepreneurs
It is widely reported that this uncertain time is straining our food supply chain. There are already disruptions to the meat supply that are persistent as a consequence of the pandemic. Dairy farmers are also being challenged, as 50 percent of demand from restaurants, school cafeterias, and other food services is cut off. Contending with these added pressures makes it even more important to look for solutions to make other aspects of a farmer’s job more seamless—and rural broadband is key to that. … [Read more...] about Too many farmers can’t get broadband. That’s a crisis for us all
A leader’s sense of strategic laziness drives the transition from task-oriented doer to strategic manager. My cofounder Ethan Winchell once said it best when, faced with the decision to hire a more junior role or a more senior and expensive role, he stated, “I want to manage less, not more.” Ethan’s hire may have cost the company slightly more in salary, but ultimately better served everyone by freeing up his capacity for more strategic decisions—all because Ethan was being lazy. … [Read more...] about I’m a startup founder, and this is why I believe the best leaders are ‘lazy’