Very good point, and many others in this blog post by Sam Altman. This post is right on.



A cautionary tale of what can (and often does) happen after a company takes it’s second round of financing. I have watched this happen several times, and can’t recommend this article enough for early to mid-stage entrepreneurs. For a more constructive take on the issue, I also recommend The Series B Trap and How to Avoid It (also from Pando, they’ve been killing it lately).



January 24th 1984: First Mac goes on sale

On this day in 1984, the first Apple Macintosh PC went on sale. It was introduced by Steve Jobs, and was the first commercially successful PC with a mouse and interactive, graphical interface. The first Macintosh had a 128KB memory. The computer went on sale for $2,495 and sold well, reaching 70,000 on May 3rd 1984. It was first introduced by the famous ‘1984’ advert by Ridley Scott, which aired on January 22nd. Apple’s influence and sales decreased in the 1990s, as the PC market became dominated by Microsoft. However, Apple saw a resurgence with the 1998 iMac and the 2001 iPod. Apple now dominate the digital music business, with their wide range of iPods and the iPhone, and the iMac model continues.

30 years ago today