In PROD, my course on software product management, students can choose to develop a business plan for a software product. Not all of my students seem to take this as serious as I wished. Here is the opening sentence of the exec summary from one of the teams:
With a total loss of 388,987.50 Euros in the period of 2017 to 2019, we will increase profit by 2,123,121 Euros and the customer base by 1392% […] Break even will be reached by mid 2018.
Reminds me off the bubble days: “We will make 80 cents for one dollar spent and will be profitable in no time!”
With all the hoopla on Google Daydream coming up, I thought I’d share two photos of people high on Samsung’s Gear VR. I think Samsung chose a better name for their product. The second photo clearly shows a person with a gearface. Can’t imaging calling this a daydreamface. The future is so bright, you’ll have to wear a mobile.
In 2014, for a course that teaches students teamwork, I bought 20 sets of basic lego bricks for a bridge building exercise. The cost per set was 20 Euro. This year the number of students in our project courses exceeded what could be done with this basic set of legos and so I looked to buy more.
Two years later, the cost of these sets has exploded to more than 100 Euros per set. Mostly that’s because (a) the actual set was retired and (b) there is no proper replacement, just new “classic sets” that come with lots of pieces that nobody wants. I sense a bubble in the Lego bricks market… divest yourself now! Send them my way!