Luxury’s other heritage challenge

"You never actually own a Patek Philippe. You merely take care of it for the next generation.” This well-known Patek Philippe tag line tells its customers that the brand's heritage could be part of their own as they bequeath their Patek timepieces to their future generations. (Patek Philippe's famous next-generation ad (c) Patek Philippe) One … Continue reading Luxury’s other heritage challenge

Four for Friday (15)

This week's eclectic, interesting reads: The hall of shame? A list of VCs with no female investing partners. One step closer to Eternal Sunshine Of The Spotless Mind? The forgetting pill. The case for the e-book as a more intimate literary experience. Mark Zuckerberg as an autocratic dictator? You don't say.

The Power of Us

Summer in India brings not only juicy mangoes but also the prospect of frequent planned and unplanned power cuts. The euphemism "load shedding" tries to hide the fact that the grid is unable to shoulder the demand for electricity. This demand is rising with India's rapid economic growth. This economic growth also means that fewer … Continue reading The Power of Us

Start-ups do not need a marketing budget, or do they?

Two deservedly well-regarded investors, Fred Wilson and Brad Feld, have written about why they think start-ups do not need a marketing budget. Both are deliberately a little controversial. Fred Wilson writes, for instance, that: "I believe that marketing is what you do when your product or service sucks or when you make so much profit … Continue reading Start-ups do not need a marketing budget, or do they?