The Biggest Difference Between Running a 76,000-Employee Company and a 10-Employee Startup, According to Someone Who Has Done Both

What was it like to go from Cisco, a company with 75,000 employees, to Nio U.S., which had just 10?
It was scary the first week. I went from having 26,000 engineers to zero. At first we had two trailers in a parking lot, one street over from Cisco. We had no air conditioning, no Wi-Fi, no bank account. We were using personal credit cards to buy routers and phones and get set up. Former colleagues would call me and ask, “How’s it going? Do you miss us?” I would say, “I don’t miss you, but I miss the conference rooms with the air conditioning!”

Silicon Valley’s Culture of Secrecy Hides Sexual Harassment. Google and Facebook Just Changed It

The following day, Facebook, which had a similar policy–that it defended as “official and appropriate” last year–announced that it was ending its forced arbitration policy as well. Microsoft, Uber, and Lyft all ended similar policies in the past year. But Google and Facebook’s changes are significant, not only because they are “FAANG” companies (Facebook, Amazon, Apple, Netflix, Google), the most high-profile companies in Silicon Valley, but also because both are companies that have traditionally been very careful–almost fanatical–about keeping nearly everything they do confidential, a practice that goes way beyond new product ideas and designs and also covers internal policies, aspects of corporate culture, and much more.

5 Business Lessons to Learn from Popcorn

1.     Trust the customer’s experience: at first, other than the founders’ spouses, everyone told them the math didn’t add up, that no matter how good it is, no one will ever pay $18-20 for a small bag of popcorn. But what Jacob and Aaron discovered was, that if you give someone your product or service in a way that’s upscale and of high quality, as a trial, – then no matter the price point, they’ll want it. (the challenge is getting it into their hands). Popinsanity encourages you to spend more in the beginning on ‘tastings’, or free trials, rather than on advertising and promotions.

Successful Digital Transformation Isn’t About Technology, It’s About People

To understand what we can expect, look at what’s happened in the banking industry. When automatic teller machines first appeared in the early 1970s, most people thought it would lead to less branches and tellers, but actually just the opposite happened. Today, there are more than twice the number of bank tellers employed as in the 1970s, because they do things that machines can’t do, like solve unusual problems, show empathy and up-sell.

How Amazon’s Marketplace Supercharged Its Private Label Growth

In addition to hyper specific data mining, Amazon also accounts for 49% of online product searches, while another 36% of product searches start on Google and point to Amazon first (according to research firm Survata). Amazon can, and does, list its items before competitors. In the case of voice shopping via Alexa using generic product terms such as ‘batteries’, the smart speaker chooses an Amazon brand for the consumer (a practice that, among others, is inviting antitrust scrutiny).