Did you know that every minute of every day Facebook users share over 684 thousand pieces of content, or that Google has over 2 million search queries? That is a s-load of data being generated and shuffled about on the web. The data ins’t slowing either, and as Internet becomes the staple of society and social media continuing to fuel data consumption, there are no signs that data generation will slow anytime soon.
“The web is very much the first draft of history, a rough-cut, it still has to be good journalism, well-sourced, reliable. Clearly, the printed form is going to have more effort put into it, going to be more reflective and relevant.”—
FT editor Lionel Barber on the difference between web and print. WTF.
“For a brand to have value today, it must be seen to be honest. So to me it makes sense for companies to embrace truth and transparency, not just because it’s inevitable but because it’s good for you. I believe open institutions will perform better. They will have higher trust and be able to build better networks. Transparency drops transaction costs in supply chains. It increases loyalty with employees. It helps create good value—because value is evidenced like never before. And if your company is buff, you can “undress for success.” Transparency is a new form of power, which pays off when harnessed”—Q&A with Don Tapscott, author, speaker and adviser on media, technology and innovation | JWT Intelligence (via futuristgerd)
“There’s nothing more invigorating than being deeply involved with a small company and a young team of founders out to do something incredibly special. And everybody’s betting against us. It’s another mission impossible.”—Michael Moritz to Charlie Rose (via sequoiacapital)