Viable, Valuable, and Investable Our co-founder, Mike Princi, coined this triplet years ago. He used it as a shorthand to remind people that new businesses, whether tech-style startups, corporate carveouts, or IP commercialization attempts, have to satisfy all three of these requirements to survive. If they don’t, they’ll look very different than they hoped. Viable…
Read MoreThere’s a common hiring quote that goes “A players hire A players; B players hire C players.” It’s been ascribed to Steve Jobs. The TSC commentary to this rule: “But sometimes an A needs a job and a B is the one offering.” Just because you have someone good working for you doesn’t mean you’re…
Read MoreThe Freakonomics authors wrote an interesting post describing the hidden cost of multitasking. The interesting point is the idea that focusing rather than juggling doesn’t speed up the last thing to get done but does get the first thing done sooner. In common parlance, focusing allows you to ship something sooner than trying to do…
Read MoreRemember that there’s a difference between a great product, a great company, a great business, and a great investment. Depending on who you are and where you’re sitting at the table, you will need a different one of these at different times in your life. Inexperienced investors most commonly confuse the first two with the…
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