Tag Archives: Jack Dorsey

Are You Sure You Want To Be An Entrepreneur?

By Brock Blake, Contributor

Over the past few years, I’ve had fun visiting college campuses to talk about entrepreneurship.  The classroom is usually full of bright-eyed and bushy-tailed students that are excited about becoming the next Mark Zuckerberg, Sergey Brin, or Jack Dorsey.  They spend their days reading all of the major tech blogs and know about the most recent VC fundings and billion-dollar acquisitions in Silicon Valley. The life of the founder appears to be so dreamy:  late nights, coding, angel investors, VCs, awesome teams, killer cultures, fast growth, investment bankers, luxurious travel, and then a huge exit.  Of course, they all know that it’ll be ‘hard work.’  Unfortunately, it isn’t all a bed of roses and I’m often the bearer of bad news… ‘Hard work’ is to entrepreneurship what contractions are to giving birth.  Contractions might give you a feel for what you’re about to experience, but there is almost no comparison to the experience of delivering a baby. Don’t get me wrong… (in business) there is nothing more satisfying and enjoyable (for me) than building a successful company.  It’s not a job; it’s a challenge.  It includes the highest of high experiences that create life-long friendships and memories.  However, that’s not the whole picture.  Being an entrepreneur/founder will also ‘chew you up and spit you out’ on a very regular basis.  You’ll experiences challenges, pains, and emotions you never thought you’d experience — including the lowest of lows. I’ve heard Josh James, CEO/Founder of Domo (raised over $125M) & Omniture (sold to Adobe for $1.8B), talk about how he has literally been huddled up on the floor, in the fetal position, crying as he was trying to figure out a solution to a major problem he was facing. Believe me, we’ve all been there. So, in the spirit of trying to portray an accurate reflection of what it’s like to be an entrepreneur/founder/CEO, here are a few of the things you will likely experience: …read more

Source: FULL ARTICLE at Forbes Latest

Here Are Some Factors Driving PayPal's Rich Growth Prospects

By Trefis Team, Contributor

Quick Take PayPal accounts for about 45% of our $54 price estimate for eBay eBay’s revenue growth over the past two years driven by PayPal’s The number of active accounts and payments per account are the driving factor behind PayPal’s revenues Expansion of PayPal’s services offline through card swiping device (PayPal Here), tie-up with Discover Financial Services and PayPal mobile app to drive revenue growth in near term eBay’s acquisition of PayPal in 2002 has proved to be an excellent strategic move that has helped the company come out of the 2008 recession stronger than before. The astonishing growth in PayPal’s revenues has been driving eBay’s overall revenue growth over the past couple of years as PayPal’s revenue growth over the past three years has averaged around 25% YoY. We expect PayPal to continue growing at similar rates for the next couple of years before the slowing down. Our forecasts for the next couple of years are supported by PayPal’s efforts to expand its presence offline. The company has entered into an arrangement with Discover Financial Services and launched hardware to enable payments through mobile devices and cards at merchant’s cash registers. Here we take a detailed look at factors that support our forecast that the number of payments per account on PayPal are going to increase from 1.6 per month to about 2.5 per month in 2019. PayPal has about 123 million globally active accounts which we expect to increase to 275 million by 2019. We expect growth in the number of active accounts and payments per account to drive the growth in Paypal’s revenues. Check out our complete analysis of eBay The Tie-Up With Discover Financial Services PayPal announced an arrangement with Discover in August last year which is expected to come into effect in the second quarter of 2013. As part of the deal, PayPal will issue payment cards to its more than 50 million active users in the United States over the next year. The new card will have a Discover Issuer Identification Number, or IIN, which is a code that identifies the card holder, and will allow users to buy from merchants that are part of Discover’s network. PayPal will charge merchants when users pay with the new cards, and, in turn, will pay Discover for access to its network, on a per-transaction basis. Paypal’s footprint will expand to cover an additional 7 million stores post the deal. We expect the enhanced ubiquity of the payment service will positively impact the number of transactions per PayPal account. However, PayPal, will face tough competition from other card companies such as Visa Inc., MasterCard and American Express. To be successful, PayPal will need to convince users that its low hassle payment method is better than the old stale version of transacting. Additional competition for PayPal will come from Square, the brainchild of Twitter founder Jack Dorsey. PayPal Here As A Replacement For Cash Registers Besides the tie-up with Discover, PayPal also launched a point of sales solution, PayPal …read more
Source: FULL ARTICLE at Forbes Latest

Twitter photo filter feature appears to be coming soon

Twitter’s duel with Instagram is heating up as there’s fresh evidence the social networking service popular for its short message function appears poised to launch its own set of photo filters.

The feature, which AllThingsD says will be available before the end of the year, comes after Instagram moved last week to disable Twitter integrationfor its users.

You might even see Instagram-like photo filters show up in Twitter’s apps any day, considering Twitter employees and even co-founder Jack Dorsey himself have already been tweeting black and white and otherwise color-altered pics on the microblogging site.

In a status update on its site Dec. 5, Twitter reported that users were having problems viewing Instagram photos, particularly cropped images, on Twitter. The reason? Instagram had disabled its Twitter Card integration tool, which affects how Instagram photos appear on Twitter.
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Source: PCWorld