Selected articles for 2012-09-14
- Black Swan Farming. Paul Graham (YC Combinator) explains that in startup investment, the big winners are big to a degree that violates our expectations about variation. Big ideas look initially like bad ideas, which makes it difficult to spot big winners.
- Amazon’s play. John Gruber on Amazon’s business model, after Amazon’s Kindle press event last week.
- How many new Kindles will Amazon sell, by Horace Dediu. Amazon’s Kindle Fire production is not demand driven. Amazon only wants its tablet sold in market segments where there are products to offer in the Amazon Store, Amazon has content deals and ads can be correctly targeted.