links for 2007-04-17
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"Arrangements may be the new frontier in indie rock, as the music moves farther and farther from its punk roots and as musicians like Burt Bacharach and Brian Wilson are cited more often as inspirations; the glockenspiel is the new guitar feedback."
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This means that if one object happens to be slightly more popular than another at just the right point, it will tend to become more popular still. As a result, even tiny, random fluctuations can blow up, generating potentially enormous long-run difference
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While a 60% failure rate may still sound high, that's on par with the cross-industry average for new businesses, according to statistics from the Small Business Administration and the Bureau of Labor Statistics.
Photographs on this site are © Kathryn Yu. Don't steal.
