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atrevisan

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Typically those kinds of things would happen once every year or so, twitter (I still don't fully grok their business model), facebook and so on.

Don't understand Twitter's business model? Promoted tweets have the ability to become AdWords for social. Millions of pieces of content are shared everyday giving insight into user's pleasures, dislikes, and lifestyle. This user data, when analyzed, has immense value for companies interested in purchasing. That information is worth a ton.

Bubble or no bubble, I sure grok their business model.

Subject: Airbnb 15 years ago

All other important factors aside, everything comes back to scalability. This helps further drill that point.

Working for a visionary often brings about opinions on opposite sides of the spectrum; you either love them or hate them. This is true for Apple as it is for other tech giants. If you are on board with Steve's vision and can even remotely grasp what in fact you are working towards, you will love it. If not, you will probably hate it.

Much of this stems from an outward opinion of Steve Jobs being a jerk, which will of course vary based on who you talk to. This is true for every visionary.

Many people will tell you Bob Knight is a jerk, but he was one of the best college basketball coaches in history. If you talk to any of his past players that were willing to put in 100% effort and understood what his intentions were, they would tell you they loved playing for him.

I understand SCVNGR's thought process behind this and appreciate the fact they are going after a major inherent flaw of other daily deal sites (not generating repeat customers).

However, I think SCVNGR will find they have the same problem. Even though they claim research shows that a customer who visits an establishment three times is a "regular" this doesn't take into account that customer is used to severely discounted prices. When someone is used to paying 75% off, I think this is a huge barrier to overcome in order to get them to continuously pay full price.

I don't think you can compare generational innovation. These things are all relative. It's hard for me to believe that today's minds who are building a supercomputer that can reproduce human logic and understanding couldn't produce the Manhattan Project.

We aren't becoming more short-term focused, rather the future is shrinking. A 20 year time frame in past generations is now 3 years. In this day, if you have a long-term scope and vision you will become obsolete in five years. Adaptation is crucial to innovation as well.