American - Businessman | -
In some ways, it's better to be undervalued a little than overvalued a lot, just because it's still easy to believe our best days are ahead of us.
Glenn Kelman
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Control of the browser that people use to access the Web turned out to be far less meaningful than the search engine we use as the starting point for finding Web information. I switch between Safari, Explorer, Firefox, and Chrome browsers all day. I never stray from Google search.
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Even though I am sympathetic to newspapers, I am not entirely convinced by the newspapers' claim that Google News violates fair use standards in posting snippets from news articles on its site.
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If we don't give the authors of music, film, literature, and journalism a way to control the distribution of their goods, the quality of all of these creative efforts will decline.
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We need to create technologies - and a culture of respect, and an updated legal doctrine, too - that allow creative folks to make money from their own efforts.
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Startups can be the most conservative organizations in the world. We spend so much energy nurturing our delicate egos against naysayers and self-doubt that we can hardly admit mistakes. This is especially true of first-time CEOs.
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I often think about what my replacement will do after I'm fired. She won't have emotional commitments to decisions that I already regret.
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When I was still settling into being a CEO, I wasted a lot of time driving initiatives designed to please others, acting as if someone wouldn't let me do what I wanted to do with Redfin.
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Startups alternate between nostalgia for the garage and millennial longing for a lucrative exit. But what I always keep in mind is how disconnected and purposeless I felt before Redfin or my earlier startup, Plumtree. All I ever wanted was to get into a situation where I could win. Everybody has that dream.
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The problem for new businesses isn't corporate taxes. Anyone who has actually started a new business knows you don't make enough money for years to pay any meaningful tax on it.
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The really basic stuff that fuels 30-year job booms almost always comes from government research, stuff like biotech, the transistor, the Internet. The idea that private capital can handle the early spade work is a joke.
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Short of a space-alien invasion or an Oklahoma tornado, there is almost no problem that a democracy can tackle in a year. But that isn't why we have a government. We have a government to solve the problems that greedy, short-sighted businessmen like me can't.
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