This week’s links:
- Ten million users is the new one million users: by Chris Dixon. “For consumer startups with non-transactional models (ad-based or unknown business models), you need something closer to 10 million users versus 1 million users to get Series A funded.”
- The $30 trillion emerging markets opportunity: from McKinsey. “By 2025, more than half of the world’s population will have joined the consuming classes, driving annual consumption in emerging markets to $30 trillion. Global companies must master ten key disciplines—or miss the defining growth opportunity of our times.”
- Unleashing the potential of people and businesses: from strategy+business. “If managers were free to dream and act big without worrying about busting their budgets, they would be limited not by resources, but by their imagination.”
- Manufacturing in India: from Economist. “Manufacturing is taking off in India. But not in the way many hoped…Even as high-end engineering boomed, manufacturing jobs dropped slightly between 2004 and 2010, to 50m. Basic industries that soak up labour, such as textiles and leathers, are in relative decline.”
- Decoding the science of sleep: from WSJ. “Why is sleep, which seems so simple, becoming so problematic? Much of the problem can be traced to the revolutionary device that’s probably hanging above your head right now: the light bulb.”
