Britain Jacobson @BritainJacobson
Startup operator at PermitFlow Practitioner of discipline permitflow.com Bend, OR Joined March 2018-
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Peter Thiel on why the name of your startup is predictive of success or failure “This is a slight aesthetic thing that I believe in very strongly: the names of companies are often very predictive of future failure or success.” PayPal and Napster are the first example Thiel gives: “PayPal was a very friendly name — it was the friend that helps you pay. Napster was a bad name — you nap some music, you nap a kid. That sounds like a bad thing to be doing, and it’s no wonder the government then comes in and shuts the company down within a few years.” “You want to be very careful of how you name companies,” Thiel warns founders. In the context of the sharing economy, he likes Airbnb more than Uber: “Airbnb sounds very innocent like this virtual bread and breakfast — this very light, non-threatening sort of company. Uber sounds like a bad name from Germany sometime in the 1930s. What are you exactly above? Maybe the law? This is probably something that, again from a regulatory perspective, I think Airbnb is a vastly better name than Uber.” And on the social networking side, Thiel likes Facebook more than MySpace: “You can say that all these social networks involve both reading and writing… Over time, reading dominates writing. Facebook was about learning about people around you — about their real identities at Harvard. MySpace started among wannabe actors in Los Angeles, and it was about them coming up with fictional narratives around themselves and a lot of other people in LA who are generally like that. And because reading dominates writing, Facebook would ultimately dominate MySpace. There’s a certain version where the whole arc of the company and the whole product arc was implicit in the names.” Source: @mercatus (Apr 2015)
@BenWilsonTweets Ben, I was just thinking of you this evening and looked to check in and saw this. Absolutely lifting you and your family up.
@MillyTamati I'm so happy for you Milly!!
Well said!
Don't join a startup just because you feel, the corporate life looks boring and you're not moving. You will be surprised, startups also have politics, manager drama and pointless meetings. And for a long time, you won’t know whether the company is early, growing or running out of
@marshal @lkr Check out @Permitflow - could be a fit?!
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