corporations

“So you can now have networks that replace entire corporations, which is fascinating.”

“And you can essentially have networks replace entire corporations.”

“And unlike a corporation, you can't fire those as customers, right? You know, the people are still on Windows XP. You know, they want to upgrade, and Microsoft eventually says, you know what? You can't upgrade anymore. You got to move on. You can't do that if …”

“You are the most important thing in a corporation's life, but the corporation is not the most important thing in your life. And so they want you to have the app, but that doesn't mean you want the app.”

“These big companies, which before could have quickly acquired startups to help them do some of these things, now those companies get too big. They reaches a point where their market cap is too big. We've observed this for them to even consider affording the ab…”

“The idea that you're going to act like a startup or have internal startups is like almost to the point of cliche here. And yet most of the companies that I meet that have that as a plan, there's no plan. They don't actually know how to make it happen.”

“Steve and I are finding that corporations that have adopted open innovation principles, where they are co-innovating with other large corporations, are becoming more successful At adopting startup driven innovation.”

“In this environment, regardless of how much capital they want to throw at the problem and how big and how good they are, they cannot solve things on their own, and they need to co-innovate.”

“Thinking of the corporation itself as a kind of artificial intelligence. And just as Google has an objective function, we've actually told our corporations that they should optimize for share price.”

“Most corporations are designed today, they just simply aren't designed to operate at that timescale.”

“Because your audience always consists of people, people relate much more to other people than they relate to a corporation, right?”

“And there's a lot of places where corporations are using it to automate some like specific back office process where you're not asking the user to work out what they do with the new tool. Instead, you're saying, okay, here's a problem that we can solve.”