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    Getting to Critical Mass – And Ignition!

    By: Richard Schmalensee on November 10th, 2010

    MPD Payments Innovation Institute
    Cambridge: November 4, 2010
    Every new business needs a startup strategy: every new payments business and, more broadly, every new platform business needs its startup strategy to be an ignition strategy. I want to focus today on what sets ignition strategies apart from ordinary startup strategies and why they are so important for […]

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    Is it 1929 Again?

    By: Richard Schmalensee on October 2nd, 2008

    No – 1929 was simpler because financial markets were simpler then. We must quickly enact some version of the “bailout” the House rejected on Monday. Without a restoration of confidence, we can’t have working credit and capital markets, and without them our economy will simply stop, as it almost did in the 1930s. Some may […]

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    It’s (Usually) Nice to be Noticed

    By: Richard Schmalensee on August 27th, 2007

    We’ve just come across some interesting comments on Catalyst Code in a column in The Manila Times. The author, a management consultant named Rey Elbo, says, “If you don’t think the Code would be helpful then you are, no offense meant, probably a man (or a woman) who is due to retire in two […]

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    Another Interesting Catalyst Model

    By: Richard Schmalensee on August 16th, 2007

    Smart entrepreneurs continue to find creative new ways to use the internet to create catalysts – to facilitate value-creating interactions among distinct customer groups and to profit by appropriating some of the value they create. (Social-creature has some interesting recent thoughts on this.) The latest interesting new model I’ve seen is the Gay […]

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    Murdoch’s Motives

    By: Richard Schmalensee on July 24th, 2007

    While the Bancrofts meet to discuss the bid this week, I have to wonder why Rupert Murdoch wants the Wall Street Journal.
    Some have claimed that he wants to turn it into a tabloid — either for the sheer joy of doing so or perhaps because he believes that business scandals would attract more readers if […]

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