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...left the safety of its snowmobile niche to battle the Japanese in the ATV business and later took on the gang at Harley-Davidson in the motorcycle business. The Staubach Co., the commercial real estate broker, pushed to expand nationally before other tenant-rep firms did. Intuit faced down Microsoft twice, in the personal-financial-management-software business and in the small-business-accounting business. In each of these cases, competitors chose to play it safe and consolidate their winnings rather than double down in a market. They learned the hard way that the only safe bet in business...

Author: /time Magazine | Title: Myth of the Fearless Entrepreneur | 5/22/2008 | See Source »

There are a ton of great jobs in the world, but running Microsoft? No thanks. I'd rather run Iraq...

Author: /time Magazine | Title: Why Microsoft Is Desperate for Yahoo! | 5/19/2008 | See Source »

...Microsoft is under assault in every direction, and losing the battle on any number of fronts. That's why it's so desperate to come to terms - any terms - with Yahoo. The software giant went back to Yahoo yesterday to suggest a joint venture that would give Microsoft a position in Yahoo's search business. We're supposed to believe that Yahoo - thanks to Carl Icahn's proxy battle to replace Yahoo's board - is feeling the heat. But it's Microsoft that has everything to lose here. The barbarians are at the gates, and Gates (as in Bill...

Author: /time Magazine | Title: Why Microsoft Is Desperate for Yahoo! | 5/19/2008 | See Source »

...start with its core competence, operating systems. Vista is a disaster and Windows 7, its successor, is two years away. By then, the market for desktop/laptop operating systems will be smaller, perhaps dramatically so. The sweet spot is steadily moving away from "computers" to mobile devices - phones, mainly - and Microsoft's mobile operating system has never captured anyone's imagination, let alone the market. (In its first quarter of existence last year, Apple's iPhone overtook Windows Mobile...

Author: /time Magazine | Title: Why Microsoft Is Desperate for Yahoo! | 5/19/2008 | See Source »

...could go on and on, ticking off the things that Microsoft needs to fix. But Kevin Johnson, president of the company's platforms and services division, does a far better job than I could. He oversees the 14,000 people who work in the Windows and online divisions of the company. He took over the job three years ago, which means that Vista is his baby. In a memoto employees Sunday that touched on the latest Yahoo overture, he admitted that Microsoft's search biz has stalled: "The fact is that we are not where we want...

Author: /time Magazine | Title: Why Microsoft Is Desperate for Yahoo! | 5/19/2008 | See Source »

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