Though social media and the big tech companies are relatively young, many citizens and lawmakers are fed up with their abuses. The House of Representatives has undertaken a sweeping antitrust investigation of the industry. People ranging from Senator Elizabeth Warren to Facebook…
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Entrepreneurs often develop strong feelings about the connection of friendship to business success—feelings that can get in the way when they enter a corporate setting. Consider an entrepreneur—let’s call him Mike—who sold his company to a big corporation and agreed…
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A new Netflix documentary called The Great Hack explores the Cambridge Analytica scandal from the perspective of several of the company’s former employees. Its title and narrative suggest we focus on how the personal information of up to 87 million Facebook users…
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“Do you think I have what it takes to succeed as an entrepreneur?” That’s the question I hear over and over from students in my entrepreneurship classes at Princeton and from other aspiring entrepreneurs. It’s no casual inquiry. They’ve spent…
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Is Amazon becoming saintly? Amazon announced on Thursday that it will invest $700 million in retraining 100,000 workers for higher-tech positions that will be more secure and hopefully more satisfying as automation and artificial intelligence continue to encroach on more and more jobs.…
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Why should a successful founder of a company voluntarily move on? Leading a company that you founded and built into a thriving enterprise is a heady experience. You get lots of attention. You get to tell everyone what to do.…
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The notion of corporate entrepreneurship has been around since the 1970s. But only recently has anyone candidly stated what history could have already taught us: “There is no such thing as a corporate entrepreneur.” So wrote Scott Kirsner for Harvard Business Review last year. Kirsner…
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Steve Jobs bestrides the recent history of entrepreneurialism like a colossus. He has been called the greatest entrepreneur of our time. He revolutionized at least three industries: computers, music, and movies. Bill Gates, Sergey Brin and Larry Page, Jeff Bezos, and Mark…
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When the meal-delivery service Munchery filed for bankruptcy in February of this year, it owed $3 million in unfulfilled customer gift cards. In essence, the company’s marketing had outlived the company itself. And therein lies a critical lesson for entrepreneurs: aggressively marketing…
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You’ve developed what you think is a great idea for a new product or service. But it’s complicated. To refine it, you need to find out how people react to it, how it might really work, and what you need…
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