Skip to main content

Amazon's Jeff Bezos invests in 37 Signals

The founders of 37 Signals, that set a new trend for web2.0 applications ( BaseCamp, Tadalist, backpack and Whiteboard) that are extremely simple and easy to use, have been long denying funding from Venture Capitalists. They have been looking for some thing special in a Venture capitalist, just like they have been some thing special in the world of vanilla web applications.
Since we launched Basecamp we’ve been contacted by nearly 30 different VC firms. We’ve never been interested in the typical traditional VC deal. With a few exceptions, all the VCs could offer us was cash and connections. We’re fine on both of those fronts. We don’t need their money to run the business and our little black book is full. We’re looking for something else.

What we’ve been looking for is the wisdom of a very special entrepreneur who’s been through what we’re going through. Someone who sees things a little differently and makes us feel right at home. Someone with a long term outlook, not a build-to-flip mentality. We found a perfect match in Jeff. Jeff is our kinda guy.

So here Jeff Bezos, of Amazon fame, is investing in 37 Signals through his private investment company Bezos Expeditions. While Jeff Bezos and founders of 37 Signals seem to have created and followed different philosophies in running their fame businesses, at the core of entrepreneurship, they are really some thing special. And it is great to see some great minds come together.

Tags: , , , , , , ,

Popular posts from this blog

You Are What You Think People Think About You

There are about 6.7 Billion people in this world that we know of.  Whether you believe in ‘Creation’ or ‘Evolution’, this human race started with a tiny number. It is quite amazing to see how fast it multiplies. What is more amazing is that every single individual in that 6 billion crowd is born ‘unique’.  Quite literally, you are born to be one in a billion, whether you believe it or not. “ This was the Introduction to my latest and last speech in Toast Masters club, ‘One in a Billion’ as part of International Speech contest. 
As much as I believe that each one of us can be that 'one in a billion' personality, I admit the reality as I perceive it and some times feel alone in that belief.
A famous quote says 'You are what you think'. It is also true that 'you are what you think people think about you'. If you think people think you are smart, then you act smart and become smart. If you think people think you are dumb, you will become dumb even if you are not, a…

Cooking looks like an unforgiving art

When you are writing software, you always get a second chance. In fact, lots of chances to get it correct. You have compiler warnings, failed test cases and some times crashes alert you that something is not right and will give you a chance to correct. And you get literally unlimited chances to apply those corrections. 
Well, cooking looks to be totally unforgiving in this respect and on any given day, you may get just one chance to get it right. If you fail, you fail. Try again right away if you have patience of starting it all over. Or start over some time later or next day. But not much of a second chance to correct a mistake. 
More ruthless, when it comes to salt. If you put just a little more, even a tiny little more, it never hesitate to show what it got. Totally ruthless. End result will be a failed dish that no one will be able (and/or happy) to eat. And most dishes, you may not be able to add something little more to offset it.

Little trick I learned the hard way, start on …

Did NDTV Just Twisted Words?

I have recently spotted quite a few places where NDTV title doesn’t exactly say the same as the details in the article says. Lost in translation? or just plain twisting for journalistic sensationalism?Title says “'AAP doesn't treat women as humans,' says founder member Madhu Bhaduri as she quits”, but the quote in details says, slightly differently: “In this party, women are not considered humans” (see the text highlighted).Source : NDTV.comYou may say, they effectually mean the same thing. Is it? Even if they mean the same,  Why not use the same exact phrase in both places?