AI Snips
Chapters
Transcript
Kodak and Instagram
- Joe Jaffe believes that brands can find salvation by collaborating with startups.
- He cites the "what if Kodak had acquired Instagram?" example.
Invest in People, Not Ideas
- It's wise to invest in people, not just ideas, because ideas will change.
- A strong team will find a way to succeed, even if the initial idea pivots.
Pivoting is Key
- Joe Jaffe tells a story about a startup founder whose idea was duplicated by YouTube.
- The founder, unfazed, simply moved on to the next idea, highlighting the importance of pivoting.