My favourite time of year in NYC.

At Kobo, we hear a lot of 

"[Amazon/Apple/B&N/Google] is [ten/twenty/a hundred] times bigger than Kobo. How can you possibly [compete/survive/look at yourselves in the mirror]?" And we've always kind of believed that bigger doesn't mean smarter, it just means bigger. Anyway, I stumbled across a quote in WSJ today that summed it up perfectly.

"Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It's not about money. It's about the people you have, how you're led, and how much you get it." -- Steve Jobs, Fortune, Nov. 9, 1998