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The Twitter Lesson: No Business Plans Please
Seeing that Twitter closed a funding round, and spotting the associated incredulity about Evan's company not having a business plan, reminded me of something: Whatever your feelings about Twitter, business plans are overrated, and profits perhaps even more so.

Other nit pickers Related Articles

Venture Capital & Picking vs. Poking
There is lots of partner tribalism in venture capital, but one worth noting is the schism between pickers and pokers.

Sports and Raising/Lowering Your Game
nteresting NBER paper looking at peer effects in the workplace. While fruit pickers, grocery scanners, etc., become more or less productive in correlation with their coworkers skill level, professional golfers play roughly according to their abilities irregardless of their playing partners' skill levels.

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