One third of the economy goes through 'QuickBooks' in terms of businesses invoicing other businesses. Each invoice contains a connection between vendors, suppliers, and customers, and also the price of that connection. Representing the payment graph is huge opportunity and something no other company can do.
Every time you see a new paradigm emerge, it's always new vendors that lead it. I can't think of one case where an incumbent led a paradigm shift.
Dell fills its computers with crapware, collecting fees from McAfee and other vendors to pre-install 'trial' versions.
Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws.
Technologies and specific vendors may come and go, but massive cultural transformations and new kinds of relationships? Those don't go away.
If stores and vendors know there is a demand for organic products, they will make them. The more they make, the more the cost comes down.
To process and close models in 50 states and 2,000-plus counties with the myriad of, just, tens of thousands of different regulations, customs, vendors - it's a monster. So the only way to do that is with technology. It really is rocket science.
The weather here is gorgeous. It's mild and feels like it's in the eighties. The hot dog vendors got confused because of the weather and thought it was spring, so they accidentally changed the hot dog water in their carts.
I like the idea of separation of services. ISPs provide a pipe. Other vendors provide security. Other vendors provide email. When one party controls all the services, it's a 'synergy' for the company, but rarely for the consumer.
Not every great idea needs to be Campbell-generated. It's clear that partners and vendors and other external sources will generate innovative ideas for us.
