Showing posts with label Silicon Alley Insider. Show all posts
Showing posts with label Silicon Alley Insider. Show all posts

Wednesday, February 02, 2011

A MeetUp Pivot


Image representing Meetup as depicted in Crunc...Image via CrunchBase
New York Observer: Screw Meetup: Organizers Up In Arms Over Redesign: In the new redesign, ordinary users can arrange for events, leading some to declare that organizers have been downgraded to moderators..... less than 1 percent of organizers active on Meetup have complained or commented on the redesign .... a simple solution. “If they don’t like users organizing events, they can just turn it off. It's a feature organizers have full control over.” .... "As we see how people are using the new tools we will keep iterating to simplify and improve the experience."
People love the Facebook newsfeed today. It is central to the Facebook experience. But when Facebook first introduced it, there was major ruckus. It is inertia. People dislike change. They are used to doing things one way. They would like to keep doing things the same way.

Sunday, June 06, 2010

Meeting Fred Wilson In Person

Chinese AmericanImage via Wikipedia
So I got to meet Fred Wilson in person for the first time. I showed up for the AVC MeetUp at 29 Union Square West around 3 PM. It took me a while to find the location. A Broadway or Park Avenue address would have been easier for me to find, and the MeetUp site had listed the address as 29 Union Square East. It was West.

I did 1,000 crunches before I showed up, and here was Fred Wilson trying to impress me and a few Indians with yoga talk. There is a Bruce Lee school of thought. Your tummy muscles are the most important. If you want to feel the strength, do your crunches.

I did my 1,000 crunches, had my lunch. I was sweating like Mark Zuckerberg by the time I headed towards the train station. Zuck has proven beyond doubt genius is 99% perspiration. (The Hoodie)

I thought I was running a little late. The place was downstairs, in the basement. It was dark. When Fred showed up half an hour later, he was like, "Ugh, this place is so dark, I needed to be here at 2 AM instead."

It took you about five minutes to get your eyes adjusted to the light. I caught both Fred Wilson and Scott Heiferman during their first minutes. I had the advantage of well adjusted to the dark eyes.

"Are you coming Tuesday"? Scott asked me.

"Of course I am coming. Absolutely," I said.

Internet Week: Going To Three Events So Far

I briefly talked about Reshma 2010: Reshma 2010, Square, And Pro.Act.Ly.

"The Scotts in the Bay Area are behind her," I said: Jack Dorsey, Randi Zuckerberg. "We need to get behind her here too."

Scott is one of the earliest people I got to know after I moved to New York City. Every time we meet, we meet like old friends, but I have never been able to get him to reply to my emails, most of which have been FYI emails anyways. I have long made peace with that as a productivity issue for him. The circle he maintains email communication with must be tied to his work. And I am glad. Look at the distance MeetUp.com has covered in five years. Scott in many ways is the original tech entrepreneur in town. The NY Tech MeetUp he launched has been a major platform. If no longer saying hello to me will mean MeetUp.com goes to ever newer heights, I will happily swallow that pill too. Scott is one of those people who can make it sound like "change the world" is not a cliche phrase.

This was a few years back. A friend told me Scott was number five on the list of the top people in tech in New York City, as put together by the Silicon Alley Insider. I was like, no way. But I know the guy!

Today I told Scott I had applied for a MeetUp.com job, but Greg told me it was an entry level position.

"It does not have to be," Scott said. "Good luck."

That is Scottspeak for MeetUp.com has a department that handles the hiring decisions, I hope they like your application. I liked the spirit in which it was said.

"Honored to be meeting you for the first time," I said to Fred. "I watched your debate online. You won easy. But you did have a hometown advantage."


disrupt on livestream.com. Broadcast Live Free

He was as gracious as possible before, during and after the debate. He has been the exact opposite of Mike Tyson after a victorious championship fight. He maintained that mode in his response.

"It was not much of a debate," he said. Talking to a group of Republicans about tax cuts is not hard, he has insisted.

He got hold of his name card as if anyone there needed to know what his name was or what he looked like, then he went to the bar to grab a soda, walked back to me and said, "Who put this together? Who organized this?"

He sounded puzzled as much as curious. I could have burst out laughing right there. I did not know. I took a guess and pointed at two important looking guys. Maybe them? Then I spotted Shana. I motioned her and asked her. She took him to the guy who had organized the MeetUp.

People got together in small groups. People moved around. Fred moved from group to group. I mostly wanted to listen to what he had to say. He was relaxed, and he was making insightful comments about some of his portfolio companies, and some of their founders.

The Gotham Gal did not show up because she was busy cooking for a party they are throwing Tuesday evening, Fred said. I have not visited her blog nearly as often as I have visited Fred's whose blog I visit almost daily, but when I have visited her blog I have learned a lot, perhaps more than from Fred's blog because she touches upon topics I know very little about, stuff like the local non profit scene, for example.

At one point I found myself with these three other Indians, two business partners, the leader of the team was married to this young woman who had made it to the interview phase of the two job openings at Fred's VC firm.

I got to meet the Columbus, Ohio, woman who is now in the Analyst position. Fred said one of the new hires is going to be bi-coastal, maintaining apartments in both the Bay Area and in New York.

So Fred walks over. He says he just wanted some water. I pass on the message. I get a glass of water in my hand, I pass it on to him. He sits down. A small crowd forms around him, about 10 people.

There is this discussion about the entrepreneurship scene in India. There is some frank talk. Some of the Indians volunteer to say things can get rough. The bureaucracy can be a nightmare sometimes. Society is more hierarchical. The culture is more sexist. The venture capital industry is not there yet. It can prove hard to pay your electric bill. They don't want your money. And if you don't pay, they cut off your electricity. But there are rewards to being able to navigate the culture. Labor is cheap and top quality. I said a high school friend of mine tried it in the US, that did not work, now he works his dot com based out of Kathmandu, and it has been working wonders, making him a lot of money. The guy gets on national television there, I said. That would be Kathmandu.

He talked at length about Twitter and David Karp of Tumblr. Twitter is set to do $100 million in revenue, but could they do a billion, he asked. He said Karp had that personality type that is the entrepreneur personality type. Every conversation he has with you he is trying to sell you something, either he wants you to invest in him, or he wants you to partner with him, or he wants to sell some idea.

He also pointed out New York is not there yet when it comes to the tech startup culture that the Bay Area has. Culture is really the word.

Fred said he was making an effort to get more software engineer graduates from the top schools to end up in New York City. That is another thing I really like about Fred. He loves this city. Look at the names of his current and former venture capital firms.

Then he walked over to the next group of people before he walked away. With that final group, there was a spirited discussion about "gold." I was feeling a little lost. Da what? Ends up Fred's blog post for the day that I had not yet read was about gold.

Fred Wilson: Gold Vs Real Assets

These were people who were fond of Fred Wilson. Fond is the word. It was a nice gathering. The gathering was proof a blog is a very real, social entity. It can bring together people. But if Fred had showed up at the San Francisco AVC MeetUp instead, the 100 plus RSVPs would not have been in New York, they would have been in San Francisco.

Fred has his standing in the tech community for work he has done, companies he has invested in. A few years back Geocities had been the best deal he ever did. By now it is between Twitter and Zynga, although the Twitter story is more compelling, and FourSquare could be doing really well in a few years. A Twitter IPO will get the Twitter story into the mainstream. Jack Dorsey talks about Fred Wilson every chance he gets.

I have a feeling after a Twitter IPO he and his firm might reach new heights.

Meeting Fred in person was not dramatic, as in, now I know what he looks like, what he sounds like. After months of reading his blog, I have a fairly good idea of his thought processes. I have watched hours of Fred Wilson videos on YouTube. So I had a fairly good idea of what he looks like, what he sounds like. But there is something about meeting in person. It feels real. Not that he ever felt unreal to me. He is down to earth, normal, pleasant, curious about things, passionate about his work. It is just that his accomplishments are outsize.

During the event I felt a certain tension. I can't be a full fledged tech startup guy right now. That is a year or two away for me. But I advise one startup - PayCheckr - and am in talks to become a full timer with another: TeaSpiller. I am itching to get into the scene.

Larry Ellison's 1995 Network Computer Vision
Lady Liberty Whispers

After the event, around 5:30, I walked over to the Apple store on 14th and 9th. The iPad felt a little heavy in my hand. The virtual keyboard sucks. The thing had to heat up if held long enough. I think the world of Steve Jobs but I don't seem to relate to his products. It is as if he is a great president of a country on a planet I don't live on, or at least a country on a continent very, very far away. I found myself gravitating to a large screen Apple computer with a regular keyboard. I just wanted a browser, a big screen, and a physical keyboard. My fear is they might make the Chrome OS netbooks too small. Got to keep the screen big enough.

From there I walked over to the Chelsea Piers to take in the Hudson. There is something about that smell of water that can collapse time. That water can smell like some of the water from a long time ago.

I walked back to Union Square and went into the McDonald's there. I eat healthy for the most part. But I think it is important to eat one bad meal once in a while.
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Sunday, April 11, 2010

Twitter Acquires Tweetie: The Drama


New York Times, April 9: Twitter Acquires Atebits, Maker of Tweetie
Fred Wilson, an investor at Union Square Ventures and a longtime Twitter board member, stoked those fears in a blog post in which he wrote that many third-party Twitter services, including mobile clients like Tweetie’s, are features that Twitter should offer itself......Twitter, which raised $100 million in September, has the cash to go on a shopping spree..... the most popular mobile Twitter client
Evan Williams, April 9: Evan William's Message To Twitter Developers
“It’s a question of what should be left up to the ecosystem and what should be created on the platform.” Twitter will continue to buy or develop apps and features it needs, even if third-party developers already provide them, Mr. Williams said.
Fred Wilson, April 7: The Twitter Platform's Inflection Point
Netizen, April 7: Twitter Needs To Eat Into Its Ecosystem

When Fred wrote his blog post, it was one blogger blogging away: The Twitter Platform's Inflection Point. That is what he has said, and of course I believe him. He vastly underestimated the reaction. The Silicon Alley Insider called it a "bombshell." UK's Telegraph was talking about it. GigaOm was all excited. There was a post on TechCrunch about it. There was some major buzz at several lesser blogs.

I really appreciated Zemanta - one of Fred's portfolio companies - during this drama. I put out my echo blog post within hours, and Zemanta gave me a good idea of all the dust Fred's blog post had raised: Twitter Needs To Eat Into Its Ecosystem.

Of course Twitter acquired Summize a long time ago, so it is not like Tweetie is Twitter's very first acquisition.

I have said to Fred the 2010s will be his best decade yet as a VC. I have said that in his comments sections.

He was offended - rightly so - by some of the things that got said about him by inference on TechCrunch back in December, basically that he was an investor in the social game Farmville, which is a scam game, hence the term scamville. (Anu Shukla Has Found The New Frontier In Advertising) That is like saying FourSquare is designed to help burglars rob your homes. By the way that is also something TechCrunch said. (Location! Location! Location!)

I am all for free speech, but Farmville and FourSquare just so happen to be cutting edge web properties. You can't be the top tech blog if you don't realize that. Traffic levels can not take long to vanish.

Farmville is the media savior, it is not the iPad, and FourSquare is the next Twitter, that cutting edge. (The iPad Is No Laptop Killer)

What I have also said to Fred is expect nastier things said about you in the future. It is the nature of being a public figure of sorts. It is like Hillary said about her husband in 1991 towards the end of an event, "He still does not realize they can't leave until he does." The Gotham Gal might have something to say.

It is a man bit dog impulse of the media. They will sometimes say it even where is no man around, no dog around.

Fred's entire family blogs. There is a section on my BlogRoll called Fred's Family. It has been up for months.


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Wednesday, December 05, 2007

Diller Country, Month 2




So this was going to be the second time for the NY Tech MeetUp to be in Barry Diller's fancy building on 18th street by the Hudson. And this was going to be the 50th tech meetup. And Scott's first time presenting himself. Scott comes along in the long line of successful entrepreneurs who are not engineers themselves, but who provide the leadership and the vision and make it all happen. He is a guy with plenty of soft skills. And by now he knows several of the top names in tech today, and not just on this coast. He has been tallied number five in this city, number one being Bloomberg. That is quite an achievement. I remember the first time meeting Scott. It was at a bar. The tech meetup. Less than a dozen people. Now it is so big, he can't provide room for all who want to show.

NY Tech Meetup July Meetup

Scott's presentation was the highlight of the evening. The MeetUp Alliance is quite a concept. I like Scott personally, but I think I am being fairly objective when I claim Facebook is a 2.0 company, MeetUp is a 5.0 company. (Web 5.0: Face Time) Unlike so many of those dot coms before the nuclear winter, MeetUp actually is a profit making venture for a simple concept, a "mid-sized company," as Scott puts it. If you are going to organize a MeetUp, pay $15. And then go around and charge people who show up, $1, $2, $5.

I know a few organizers for whom this is brisk business. Like this Prospect Park Soccer group. It is so popular, the slots for RSVP open up at midnight Thursday for the Sunday game. Within minutes, they are gone. That success story is also something to take note of. How do you scale that success so people don't have to be turned away? Don't tell me MeetUp has become too successful. Existing organizers train new organizers to start new soccer groups?



With a company like MeetUp, there is only so much you can do in terms of tech. Facebook does not have that constriction, because that is meant to be a screen time experience. You can keep enriching it infinitum. But with MeetUp, the action is not at its site. The action is when people meet in person.

And so what will give MeetUp its edge is a program to keep training its thousands of Organizers fairly continuously to make them do better and better and better. How do you improve the quality of the experience for those who show up? MeetUp needs to hire engineers, but also group dynamics specialists, team psychology specialists.

Like my advice to this particular Organizer, Scott himself, the founder, CEO of MeetUp, dear friend.
  1. Would it be possible to make people make a mock presentation to the Organizer or a rep before they are approved to get on stage? Perhaps days ahead? One guy on stage fast forwarded his entire presentation because "the clock is ticking." It was hard to follow.
  2. The idea that people must have their full name and company name when they RSVP is a great one. I find it a waste that this MeetUp brings together the top tech talent in the city, but there is very little opportunity to actually go ahead and mingle and get to know each other. At least with the full name and the company name, you can go visit their sites.
  3. To Scott's credit, he does suggest a bar to go to after. I have skipped that part the last two times.
  4. How about letting people add a link to their Facebook profile page on their MeetUp profile page?
  5. The stretch break half way through was a good idea, a few minutes to say hello to people sitting next to you.
Microsoft, Google, Facebook: NY Tech MeetUp Has Arrived

The Meetup Alliance is such a cool idea, but I guess it is in beta because I was not able to add a few groups I wanted to add to the Obama alliance just a while back. I think at some level Scott wishes Obama 2008 would use MeetUp.com like Dean 2004 did but hasn't. I am fairly active with Obama 2008, that has been a decision for the Chicago people to make. They have turned BarackObama.com into a Facebook/MeetUp mashup. It is not as good as either, but they feel it seems to work good enough.

I think that's where MeetUp Alliance comes into the picture. It will expose MeetUp to people who otherwise have not been exposed to the MeetUp concept.

Silicon Alley Insider

Startups 101: Make Sure Your Pitch Doesn't Suck
Zuckerberg: I'm Sorry. Go Ahead And Turn Beacon Off*
NY Tech Meetup Review: The Meta Meetup The monthly NY Tech Meetup packed the lobby of Barry Diller's IAC building Tuesday night. ........ Ignighter ..... Evolvist .... The Funded ..... Kaltura ..... Unype ..... Meetup Alliance .... Peter Kamali, co-founder and former CTO of Meetup ..... soft-launched as a pure Facebook app play; Peter mentioned plans to extend the app to other platforms (i.e. Google's Open Social) ....... a typical Ruby on Rails application mashed up with Google Maps; I think they could have used Ning and accomplished the same thing. ...... This online group video making startup won the "people's choice" award at TechCrunch40 past summer. It's a complete video editing application that allows multiple people to collaborate. It boasts a very rich (and complex) user interface. ........ After hosting more than 50 tech meetups Scott Heifferman finally gets to demo his own product. It's the Meetup Alliance, (previously announced here) ...... allow Meetup, Facebook, Google, Yahoo and MySpace groups to interoperate, creating large alliances. ..... Scott Heiferman (SA 100 list #5) ..... platform-agnostic, open to not just Meetup groups, but to Yahoo Groups, Google Groups, Facebook Groups, MySpace Groups ..... the International Tech Meetup Alliance, Barack Obama for President Alliance

December's NY New Tech Meetup Review



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Wednesday, November 07, 2007

Microsoft, Google, Facebook: NY Tech MeetUp Has Arrived






The November NY Tech MeetUp had shifted to a new location. This place was fancy. This was Diller country. There was this huge screen. The demos could be seen on three screens within that huge screen.

There was this other huge screen when you first stepped in. Looks like the building hosts a few different companies. Or are they all owned by Diller? The first display was for Match.com. There was this huge globe that showed where all its page hits were coming from.



Page hits are all the rage all over again, but this time that is less fluffy because ad models are tied to page hits. If nothing else, you can always add Google ads to your page.

I think one thing that goes kind of unnoticed is how good Scott is in doing presentations himself. He is comfortable, succint, funny. He is a non techie in the tech field. He brings a lot of the soft skills to the table. And the dude is now even rich after his share of hits and misses in the roaring 90s.

Social Networking: Where The Internet Comes Down From The Clouds

Of all the social events I go to in town, the NY Tech MeetUp stands out. There is nothing else like it. And now this things just went to a whole new level.

Perceptive Pixel
Sleep.FM
Vimeo
Tumblr
Drop.io
Facebook
Google
Microsoft

These were the companies that made presentations. Perceptive had multi touch display technology. From the mouse to the hand, quite a leap. Vimeo had high def video stuff. Cool. I asked a question to the Drop.io guys. "The .io in your name, what country is that?" That was my way of telling Adam I was there. We had arranged to meet after the MeetUp. We are cooking something together. We walked to Union Square talking it up. It was good talk. He had one big surprise for me. Or perhaps more than one. The day ended on a happy note. I walked over to Times Square and ordered three slices at the 99 cent pizza store. That is one great business model. You make money on volume.

The Microsoft presentation told me the PC era will not end. PCs will stick around. You are looking at an ecosytem. There is room for more than one organism.

Silicon Alley Insider

NY Tech Meetup: Startups Meet Giants
Facebook Ads: The Devil's In The Details
Facebook's Social Ads: Field Notes
Welcome To The Googleconomy Nine years ago, Google was two guys in a dorm room. Now it's a $17 billion global behemoth with a $225 billion market cap. ....... Bigger than Wal-Mart, Procter & Gamble, and Citigroup ..... 70-times the size of the New York Times ..... Apparent operating profit margin of 50% (on net revenue) ..... Annual revenue per employee of $1.1 million ...... Google's market share is 50% in the U.S. and 90% in France ...... Google Then: $85 Now: $730
Facebook Ad Platform: Revealed!
Sorry, Google (GOOG) Not First $1 Trillion Company

TechCrunch

Liveblogging Facebook Advertising Announcement (Social Ads + Beacon + Insights) Facebook is getting into the advertising business in a big way. ...... three things: Social Ads (ads targeted based on member profile data and spread virally), Beacon (a way for Facebook members to declare themselves fans of a brand on other sites and send those endorsements to their feeds), and Insight (marketing data that goes deep into social demographics and pyschographics which Facebook will provide to advertisers in an aggregated, anonymous way). These three things together make up Facebook Ads. ........ "the next hundred years will be different for advertising, and it starts today. As marketers pushing our information out is no longer enough. We are announcing anew advertising system, not about broadcasting messages, about getting into the conversations between people. 3 pieces: build pages for advertisers, a new kind of ad system to spread the messages virally, and gain insights." ........ "Where Facebook really excels is in helping you keep up with all of your connections at the same time. It is making the cost of communication so low ........ "More than 80 applications have more than one millions users." ...... "Once every hundred years media changes. the last hundred years have been defined by the mass media. The way to advertise was to get into the mass media and push out your content. That was the last hundred years. In the next hundred years information won't be just pushed out to people, it will be shared among the millions of connections people have. Advertising will change. You will need to get into these connections. ....... A trusted referral influences people more than the best broadcast message. A trusted referral is the Holy Grail of advertising. ...... "Have already passed 50 million users, doubling once every 6 months. only active users who have used facebook last 30 days. More than 25 million people are using Facebook every single day. Each person is viewing more than 40 pages a day, more than 65 billion page views a month."

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