GK - Business

Questions

1. What is the "Dunbar's number"?
2. Chris Hughes served as the Head of online organizing for President Obama's presidential campaign. He holds a bachelors degree in history and literature from Harvard University. Which brand did he help co-found?
3. The two founders of this brand insist that they selected its name because of its definition: "rude, unsophisticated, uncouth." What a name to give a brand! Which brand are we talking about?
4. This brand was founded by Kevin Rose and launched in November 2004. It was, at one time, one of the most popular sources of information on the Web and probably the first social news site. Identify it.
5. BVP is a VC firm based in the US, one of its Partners was once asked by his friend to meet two entrepreneurs who had hired his, the friend’s, garage. The Partner’s response? “How can I get out of this house without going anywhere near your garage?” Which two entrepreneurs did he refuse to meet in this way?

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Answers

1. "Dunbar's number" Dunbar's number is a theoretical cognitive limit to the number of people with whom one can maintain stable social relationships. These are relationships in which an individual knows who each person is, and how each person relates to every other person. Beyond this, proponents believe, the relationships would generally require more restricted rules, laws, and enforced norms to maintain a stable, cohesive group. No precise value has been proposed for Dunbar's number, but a commonly cited number is 150.
2. Chris Hughes co-founded Facebook. Chris Hughes is also a founder of Jumo, a startup that aims to use the social web to create relationships between individuals and organizations working to change the world. Prior to founding Jumo, Chris worked as an Entrepreneur in Residence (EIR) at General Catalyst Partners in 2009.
3. Yahoo! Yahoo was founded in 1994 by Stanford Ph.D. students David Filo and Jerry Yang. The Web site started out as "Jerry and David's Guide to the World Wide Web" but eventually received a new moniker with the help of a dictionary. The name Yahoo! is an acronym for "Yet Another Hierarchical Officious Oracle," but Filo and Yang insist they selected the name because they liked the general definition of a yahoo: "rude, unsophisticated, uncouth." Yahoo! itself first resided on Yang's student workstation, "Akebono," while the software was lodged on Filo's computer, "Konishiki" - both named after legendary sumo wrestlers.
4. Digg.com Digg is a user driven social content website. Everything on Digg is user-submitted. After you submit content, other people read your submission and “Digg” what they like best. If your story receives enough Diggs, it’s promoted to the front page for other visitors to see. Kevin Rose launched it in December of 2004. In February of 2005, Paris Hilton’s cell phone was hacked. Images and phone numbers from the phone were posted online and it didn’t take long for a user to post the link on Digg. There was no looking back after that. ;-) It ultimately lost out to Reddit which itself has had some bad press in June and July this year. Twitter, Foursquare, Facebook, Zynga are some of the Kevin’s Angel Investments.
5. Sergey Brin and Larry Page of Google fame.