Incentives

Chris Dixon on agency problems:

As you go higher in the organization, the incentives are more aligned with the firm’s incentives. But knowledge and authority over operations often reside at lower levels. Deciding what level to target involves nuanced trade offs.

DJ Jazzy Jeff on Technology

You got to embrace it. You got to embrace it. I told this story a million times. I bought my mom a microwave a long time ago. My mom never took the paper out of it. She sat it down, and put a flower pot on it. I went to her house for Thanksgiving one year, ate, chilled out, and went back for seconds. I put all the food on my plate, opened it up, took the paper out and she was like, ‘don’t use that.’ I put the plate in, put it on for 3 minutes, it came out piping hot, and my mom was so amazed. ‘Oh my god, this is amazing.’ I always say, you can’t be my mom and the microwave. That to me, that’s the reason why there are so many old bitter DJ’s, just because you think that everything stops at your time frame. You have DJ’s that don’t want to embrace social media, and then they’re sitting back like, ‘I don’t understand why I’m not getting any gigs.’ Well, the business model has changed. Unless you embrace it, it’s not going to happen.

Good advice for every industry, DJ and otherwise.

“You can’t think anything is a must-have, or you’re dead in negotiations.”

Really interesting profile on ESPN. The whole piece is worth a read.

The head of ESPN on how to value something:

“I have a very simple rule of how you establish value. It’s whatever anyone will pay for it.”

Great bootstrapped quote. Also, really loved this quote about Bill Simmons:

“I was going to do it whether I was at ESPN or not,” Simmons says. He told Skipper, “I want to do this with you guys. If you guys don’t want to do this, I’m not going to be upset, but I’m going to do it somewhere.”

Stop asking permission.

Outcomes

The Minimalists on outcomes.

This is a critical question I ask people when they tell me they want to start their own company. Usually the outcome they want is to be rich just to be rich. The beach dream and whatnot.

All too often, people want something without asking themselves why they want it. Unfortunately, a lot of those wants end up being the product of other people in their lives. Don’t live someone else’s life, live your own. Do whatever you want to do, but do it with a purpose.

Seth Godin on College

Over at The Great Discontent:

you went $150,000 in debt and spent four years of your life so someone else could pick you. That’s ridiculous. It really makes me sad to see that. The opportunity of a lifetime is to pick yourself. Quit waiting to get picked; quit waiting for someone to give you permission; quit waiting for someone to say you are officially qualified and pick yourself. It doesn’t mean you have to be an entrepreneur or a freelancer, but it does mean you stand up and say, “I have something to say. I know how to do something. I’m doing it. If you want me to do it with you, raise your hand.”

OAuth 2.0: Enterprise vs. Web

Sobering post from Eran Hammer, previously of the OAuth 2.0 standards group:

Last month I reached the painful conclusion that I can no longer be associated with the OAuth 2.0 standard. I resigned my role as lead author and editor, withdraw my name from the specification , and left the working group. Removing my name from a document I have painstakingly labored over for three years and over two dozen drafts was not easy. Deciding to move on from an effort I have led for over five years was agonizing.

The main rift he describes is the fundamental divide between the web community & the enterprise communities. This is nothing new. It’s always been top down, prescribed solutions vs. bottom up, evolutionary solutions. See WS-*/SOAP vs. REST, RDF(a) vs. Microformats, XML/XSD/XSL vs. JSON, etc…

The enterprise wants revenue potential for services & tools, while minimizing new costs, maximizing existing infrastructure & mitigating perceived risks.

Web communities want shit that works, isn’t complex & doesn’t require expensive tools or services.

Cats & Dogs. Hatfields & McCoys.

The surprise here isn’t that Eran is leaving & OAuth 2.0 is a mess. It’s that anyone though the two groups could co-exist in the first place.