Yesterday, the US Senate passed the online sales tax bill by a 69-27 vote. The measure will shape the e-commerce space, certainly affecting Ebay, Amazon, Etsy and others. The bill still needs to pass the GOP-controlled House of Representatives and receive the signature of President Obama, a supporter, to become law. The legislation would require [...]
Tag Archives | Ebay
PayPal’s developer conference in early November, the company’s first such event, gave some good lessons for tech companies that want to create their own developer communities. Since that seems to include most tech firms these days, we thought it might be helpful to point out some of the lessons, both positive and negative… The backstory. [...]
While failure for the high-tech entrepreneur is less likely to result in death, the parallels between the Gold Rush and the current Web-based economy are many. In both cases, participants must to adapt to a new way of life, with new rules. Or rather, no pre-existing, fixed rules.
Silicon Valley’s famous tolerance of entrepreneurial failure has its roots more than 150 years ago in the Gold Rush when more than 90,000 people made their way to California in the two years following John Marshall’s discovery of gold near Sacramento in January, 1848. By 1854, more than 300,000–representing more than one percent of the total population of the United States at the time–had come west in search of fortune.