Netizen

Friday, September 24, 2010

Scoble Chimes In On Angelgate

Robert Scoble: The secret hell of tech industry angel investors: when the story broke, I thought it was just Mike being bombastic and trying to make something out of a dinner that he wasn’t invited to..... Mike stumbled into a story that has a ton of undercurrents. ..... The angel investor world is getting HYPER competitive .... Entrepreneurs are seeing access to lots of capital. ..... 10 people just are not going to have enough market power to do anything really naughty although it’s good to nip this problem in the bud, which is why I now support Arrington’s stance.

The early stage investment world is seeing major churn, but I would like a much larger geographical spread, not just on the continent, but globally. It will happen.

Angelgate Rolls On

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TechCrunch: Ron Conway Drops A Nuclear Bomb On The Super Angels [Email]:The world of startups would be a better place if you spent less time complaining about deal structures, terms, vc’s, and valuations etc and the cars you drive, and just helped entrepenuers build their companies..... These startups are binary …they succeed or fail so why waste time on deal structures, terms, vc’s, and valuations etc and just help entrepenuers build their companies..... I am tired of seeing you and engaging in idle chit chat and not sharing my true feelings. ..... .where no one was there to speak up for the interests of the entrepenuers.

Mike Arrington's mischievous post on super angels apparently has been gathering momentum. The first few VCs to speak up said Arrington was merely selling newspapers. Ron Conway, on the other hand, is blowing wind Arrington's way. Stop colluding, he says. This might just be a warm-fuzz thrown Arrington's way since the dude has been profuse in his past praises of Conway, deserved for the most part. Or perhaps the conversation is not over. More people will chime in over the next few days.

My take home word from Conway's email: binary.

Super Angels, The Churning VC Game, And Catch Up Tech

In The News

Bloomberg: ARM Rises as Oracle’s Ellison Says Company May Buy a Chipmaker:Ellison, 66, said at Oracle’s annual meeting in San Francisco yesterday that “you’re going to see us buying chip companies” to add to its resources in computer hardware.

TechCrunch: “WiFi On Steroids” Is A Go. Now Google (Or Someone) Just Has To Build It. Please Do. Fast.:the FCC’s 700Mhz spectrum auction .... “white space” ..... White space is the name given to the vacant airwaves between television channels, airwaves which are increasingly open as people move to cable and other methods of getting television. These airwaves have the potential to carry wireless data at speeds and distances that would make today’s WiFi seem antiquated. That’s why the white space has earned the nickname “WiFi 2.0″ or “WiFi on steroids”. ...... gives technology companies a way to innovate outside of the realm of wireless carriers or broadband providers ..... white space WiFi blankets cities and people can use WiFi phones instead of the the ones tied to carriers.

Google Public Policy Blog: FCC vote on white spaces lays promising foundation for “Wi-Fi on steroids”: y sets the stage for the next generation of wireless technologies to emerge .... will put better and faster wireless broadband connections in the hands of the public. ...... the beginning, and not the end, of crafting forward-looking spectrum policy
Nature: Relativity comes down to Earth: time speeds up if you climb just one rung up a ladder, and slows down if you travel at just 36 kilometres per hour

Time: Feeling Alone Together: How Loneliness Spreads: For some people, feelings of isolation are sharpest during times that are in fact defined by togetherness — celebrations or the holidays .... or perhaps especially in a crowd — it's possible to feel unbearably alone...... happiness, obesity and quitting smoking — can propagate like a wave throughout a network of people..... The effect was strongest among those in close relationships ..... one lonely person could influence whether his friend's friend's friend felt lonely. ..... it really is a fundamental human motivational state very much like hunger, thirst or pain." ..... loneliness is more like an indicator of the social health of our species on the whole — a temperature reading, if you will, of how well- or not so well-integrated we are as a population....... we are, by nature, a social species; we feed off our interactions with one another and thrive when we are inspired, challenged and supported by one another ....... passed on through feelings of mistrust and negativity..... lonely individuals think negatively about other people People may be spreading their negative feelings simply by frowning or making other unpleasant facial expressions, making hurtful remarks or even adopting uninviting body postures. . ... Over time, lonely people find themselves banished to the periphery of their social networks ...... It's not necessarily the number of connections people have that matters but the quality of them. Communities that encourage regular interaction among its members

Wednesday, September 22, 2010

Larry's Antics

My reading of the situation is and has been for a few years now that Larry Ellison believes his industry - data software - is going through what he calls a consolidation phase, and hence his relentless buying spree. His promise to the customer has been you will get simpler, integrated software. And now, after buying Sun, he is doing what his best friend Steve Jobs has been doing for a long time now: software hardware integration.

Bill Gates left the scene, but Larry never stopped competing. Larry want to do what Jobs did. He wants to surpass Microsoft in market value, and he is on his way.

New York Times: Oracle Growth Plans Worry Rivals and Customers: its larger ambitions — to supply just about all the technology, software and hardware, that businesses might need .... sales of $26.8 billion last year and hints of an annual revenue goal of $100 billion ... acquired a staggering 66 companies .... They bought every company we deal with. ...... Oracle’s sales representatives have earned a fearsome reputation as hard-line negotiators determined to squeeze customers. ...... complete systems rather than requiring customers to cobble together the parts. ...... Fusion ..... data center conquest plans clear ..... 60 percent of the food coming from within 100 miles of the city. .... paid $1,800 to attend the conference and runs her own software consulting business in Portland, Ore ..... a signal that Oracle intends to get aggressive and pursue growth

In The News

eWeek: Java Creator James Gosling: Why I Quit Oracle: “For the privilege of working for Oracle, they wanted me to take a big pay cut,” Gosling said. .... “In my job offer, they had me at a fairly significant grade level down,” he said. ..... All of our authority to decide anything evaporated.” ..... “My job seemed to be to get up on stage and be a public presence for Java for Oracle. I’m from the wrong Myers-Briggs quadrant for that,” he said. .... Gosling already had the sense that Oracle was “ethically challenged” .... they believed “Oracle would be more savage, IBM would make more layoffs.” .... Gosling says he felt the hand of Larry Ellison in nearly all the decisions affecting Java ..... Gosling paints the picture of Ellison being like a sports magnate from his sister city, Al “Just Win Baby” Davis, owner of the Oakland Raiders, who continually hires coaches and drafts talent only to run the show himself. ...... although Gosling said he never had direct dealings with Ellison, “He’s the kind of person that just gives me the creeps,” he said. “All of the senior people at Sun got screwed compensation-wise. Their job titles may have been the same, but their ability to decide anything was just gone.” ....... Java is bigger than any single vendor.”

ArsTechnica: Oracle surprises with new Sparc chip launch: Now christened the Sparc T3, the new processor will power a collection of Solaris-based T-series servers for Oracle, and will ship in 30 days.

The Washington Post: Huffington Snags NY Times Star

Wired: Writer for iPad Aims For Focus, Beauty, Simplicity:When you put the application in “Focus Mode,” it doesn’t even have spellcheck or cut-and-paste. Instead, it’s all about textual production — writing this phrase, this sentence, this word at this moment. As the creators note, “the idea is to activate it when you get stuck, blinding out everything else.”

New York Times: Google Campaign to Build Up Its Display Ads:More than 90 percent of Google’s revenue comes from text ads, and analysts say that Google’s stock is down about 17 percent this year because investors are waiting for the company’s second act.

For the Unemployed Over 50, Fears of Never Working Again: Of the 14.9 million unemployed, more than 2.2 million are 55 or older .... more than a third of people not yet retired plan to work beyond age 65, compared with just 12 percent in 1995. .... “That’s what I spent my whole life in pursuit of, was security,” Ms. Reid said. “Until the last few years, I felt very secure in my job.” ..... was let go from her $80,000-a-year job. ..... Her husband worries that she isolates herself and that she does not socialize enough. ..... “A job is more than a job, you know,” Mr. Mielock said. “It’s where you fit in society.” .... how to age-proof their résumés and deflect questions about being overqualified. ..... For now, she stitches together an income by gardening for neighbors, helping fellow church members with their computers, and participating in Internet surveys for as little as $5 apiece.

Just Manic Enough: Seeking Perfect Entrepreneurs: a hypomanic episode..... symptoms include grandiosity, an elevated and expansive mood, racing thoughts and little need for sleep.... He can work 96 hours in a row. .... a thin line separates the temperament of a promising entrepreneur from a person who could use, as they say in psychiatry, a little help. ..... just crazy enough .... “If you’re manic, you think you’re Jesus. If you’re hypomanic, you think you are God’s gift to technology investing.” ..... Instead of recklessness, the entrepreneur loves risk. Instead of delusions, the entrepreneur imagines a product that sounds so compelling that it inspires people to bet their careers, or a lot of money, on something that doesn’t exist and may never sell. ..... Next Zuckerberg Syndrome — the urge to find another Mark Zuckerberg before he starts another Facebook. ...... He does not socialize. He no longer reads books, nor does he watch TV or movies. He works from 8 a.m. until 10 p.m., seven days a week. ....... Jobs is also routinely described as a despot and control freak with a terrifying temper .... He is a gifted software engineer but a terrible driver. (“I hit things,” he says.) He’s perfectly at ease negotiating with V.C.’s, but has had just one girlfriend .... “I want to build the game layer on top of the world.”

The Long View of China’s Currency: The renminbi itself rose 21 percent against the dollar from 2005 to 2008, and the trade deficit continued to widen. .... A stronger renminbi will help China’s people — many of whom are hungry for better living standards, to judge by the recent labor strikes — buy more goods and services, and it will also help the rest of world produce more...... economies, like battleships, tend to turn slowly ..... But exports probably matter more for American jobs anyway, given that low-end toy manufacturing in Guangdong Province isn’t moving to Alabama or Michigan. ...... $10 billion of gross domestic product equals about 80,000 jobs on average. So every extra $10 billion of goods sold to China is like its own little stimulus program. ...... not all the items on the United States’ forbidden list are truly matters of national security.

TechCrunch: Zynga Moves 1 Petabyte Of Data Daily; Adds 1,000 Servers A Week:social gaming giant Zynga is one of the fastest growing tech companies of all time .... 10 percent of the world’s internet population (approximately 215 million monthly users) has played a Zynga game. .... more than 1,200 full time employees and includes 13 game studios.

CNet: Google News turns 8 amid news industry in flux:the site is currently driving 1 billion page views to news publishers' Web sites per month and Google currently operates 72 separate editions of Google News in 30 different languages....Google, raised in the church of data ..... the rise in "news spam," SEO-bait articles often written by low-paid freelancers that are designed mostly to surface within Google, rather than inform, educate, or entertain readers with coherent writing..... "content mills" like Associated Content and Demand Media are churning out short news-related pieces of content by the thousands in hopes of driving traffic to their sites

Google Blog: Google News turns eight
TechCrunch: Now that the Recession Officially Ended….Whatever Happened to that Other Shoe?
Business Insider: The Next Shoe Drops At The New York Times: Now Circulation Revenue Is Starting To Decline

$400 Million, $140 Billion And 2020

Image via CrunchBase

Wall Street Journal: A New Digital Battlefield: The entire business of selling episodes of TV shows through services like Apple's and Amazon's is expected to generate only $407 million in 2010 ..... U.S. consumers and advertisers will spend about $143 billion on traditional TV advertising and subscriptions in 2010

I expect these two numbers to have changed places by 2020. Everything is going online. TV is not going to be a separate medium for too long. The internet will eat up and digest the TV. But we are going to have to move to universal 100 MB plus broadband for that to happen.

Wall Street Journal: Web Start-Up Values Soar:In an echo of the 1990s dot-com boom, some investors also are giving lofty valuations to Web firms that have no revenue and that barely have a product out..... Quora ...... Blippy ...... Foursquare .... last year, when Twitter Inc. was valued at $1 billion during a round of funding, up from $95 million in mid-2008 when it raised a previous round of funding .... Many investors won't recoup their investments ...... SecondMarket, which operates an exchange where investors can trade the stocks of closely held start-ups ...... "There's a big disconnect between the public market and the private market" ..... Deal-of-the-day site Groupon Inc., for instance, was founded in 2008 and quickly brought in consumers eager to tap its discounts. By April when it received a $135 million investment from Russian investment firm Digital Sky Technologies Ltd. and venture firm Battery Ventures, Groupon was valued at about $1.35 billion.

Blockbuster Nears Bankruptcy:a milestone in consumers' shift away from brick-and-mortar video stores to films delivered by mail and the Internet

Netflix, Studio Reach Streaming Deal
A New Digital Battlefield:TV shows are emerging as a new front in the war over digital media between Amazon.com Inc. and Apple Inc., amid their ongoing battles over electronic books and online music..... Several executives said those rentals could be a step toward a world where people see less advertising or stop paying for cable subscriptions—two principal sources of revenue...... Apple accounts for 57% of transactions in Internet video-on-demand movies, on a number-of-sales basis, and 53% of the TV shows market ...... The entire business of selling episodes of TV shows through services like Apple's and Amazon's is expected to generate only $407 million in 2010 ..... U.S. consumers and advertisers will spend about $143 billion on traditional TV advertising and subscriptions in 2010

Super Angels, The Churning VC Game, And Catch Up Tech

Michael Arrington, famous blogger, and Tariq K...

Image via WikipediaThere's web services - aka dot coms - and then there's clean tech, bio tech, nano. Dot coms have become much less pricey. Anyone can rent server space with Amazon. Pretty much anyone can write code.

"You can learn the basics of Ruby in two days," a techie told me a few days back. "And it is all on Google, all the material is free."

Clean tech, bio tech and nano are still capital intensive.

But the biggest returns are in what I am going to call catch up tech. This is the world of microfinance and global infrastructure projects. An annual 10% return is the floor when it comes to these opportunities. If the wise guys - and they were guys - on Wall Street had known to pump excess capital a few years back into catch up tech rather than housing, we might have skipped the pain of the past few years. You pump up housing value, and you sell mortgage based securities to each other. That was like setting the house on fire starting from the basement.

Mike Arrington, TechCrunch: So A Blogger Walks Into A Bar…
Master Of 500 Hats: Fire in The Valley, Fire in My Belly... and Yes, Mike, I Have Stopped Beating My Wife.
Fred Wilson: Collusion
Quora: Who are the Super Angels that Michael Arrington is talking about in his 9/21/10 Techcrunch post, "So a Blogger Walks into a Bar..."?
Silicon Alley Insider: Hooray For Mike Arrington

Monday, September 20, 2010

Gmail Bug

Hollywood, Silicon Valley, DC, Wall Street, American Hinterland

Image representing Mark Zuckerberg as depicted...

Image via CrunchBase

TechCrunch: Zuckerberg, ‘The Social Network’ And The Rise Of The Terror Nerd: With The Social Network, Hollywood has made an artful attempt at taking the inferiority, fear and awe that it feels towards Silicon Valley and projecting it onto the cold, calculating (and fictional) Zuckerberg; “Creation myths need a devil,” spoken by Rashida Jones’ Marylin Delpy, is the most resonant line in the film..... people who understand how to code and build websites have power ..... Sorkin himself told New York Magazine, “I am not a fan of the Internet.” ..... Mark Zuckerberg is the perfect scapegoat for the whole damn thing, being someone who stole Hollywood’s cultural influence and built a half a billion strong distribution network it could only dream of, delivering a brutal blow to its business model as a side note.

NY Mag, NY Times, All Things D, CNet.

9/11 was Hollywood not doing its job. The Gulf Oil Spill was Hollywood not doing its job. When the political pundits were saying because the Cold War has ended and history has ended, it was Hollywood's job to point out otherwise. America always has had to violently tussle with chunks of autocracies. The fact that most of the Arab world was not democratic should have had alarm bells ringing, but did not.

America as a population should not have had to go through the trauma of a Gulf Oil Spill to start thinking seriously in terms of a zero emissions future. That emotional jolting should instead have and should come from Hollywood.

By that measure this Facebook movie is a stark failure. It does not even begin to fathom what it takes to build an epoch changing company. To say it is just fiction is not a good excuse.

Email Solutions

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TechCrunch: Email Overload Fix: 3 Sentence Emails

Email has to be completely scalable. There can not be too much email. Not for nobody. That is the ultimate email solution. I could get 10 emails a day, or 10,000, and I still should not have to feel overwhelmed.

On the other hand, email has to have a holistic communication approach. It has to fit into the larger picture. That solution is multi platform.

One direction is condensing. It is about being able to visualize 10,000 tweets at once. Another direction is when you want to spend a lot of quality time with one or more people. Your communication platform should make that possible.

The inbox today is dreaded. That right there is a huge business opportunity, or two, or three. Gmail's Priority Inbox is a good step in the right direction, but it does not even begin to fathom the inbox of those who get deluged with emails.

Facebook helps. You get emails from people you are already "friends" with, or groups you signed up for. Strangers can email you, but they have to send out one email to one person at a time. Facebook email does cut out a lot of noise.

Twitter is my idea of the email client of tomorrow, but Twitter has been dragging its feet forever on adding features and simplifying its service.

The Gmail free phone is great. The voice feature of Gchat is great. Sometimes you want to dig into a conversation, and you want to zero in on a person, and text does not do it, so you talk. You get your headset going.

And then there is meeting in person. FourSquare can be a swell platform for that. FourSquare's social graph is special. While you are zeroing in on a person, you want to cut out all the noise, you don't want to be taking calls, you don't want to be seeing yet another incoming email.

For me blogging is an essential element of the larger complete communication platform. Being able to reach out to complete strangers who might also be talking about some of the same things you might be talking about is so very key.

But then all communication all the time is not what we could possibly be shooting for. Where is the time for non communication work? The time to get things done? The time to acquire new knowledge? Social is not 100% of the territory. Social is not 10% of the territory. The best communication platform knows when you are thinking, and lets you be: a phone that does not ring, a screen that goes into hibernation.

A good communication platform knows when you are on vacation. When you are off, you are off.
I have been impatient with Twitter. (User Friendly Twitter? Get Out Of Town) And I have been impatient with Gmail.

You should be able to visualize 100,000 tweets right on the Twitter website. And perhaps for Gmail the next big push after the Priority Inbox will be the word cloud. I should be able to say, create a word cloud for all my unread emails for the day. And when I hover over each word, I should see the names of each sender associated with that word, with the option to click and go to that specific email.

Friday, September 17, 2010

Fixing The Economy: Drastic Job Creation

Roosevelt Signs The Social Security Act: Presi...

Image via Wikipedia
Drastic job creation by the US federal government - as drastic as the bank bailout, as drastic as the stimulus bill - is what is needed, I think. And this has to be about creating and paying for the jobs of tomorrow.

But we can not take the FDR comparison too far. The biggest difference is that today America is in a global world. The global cooperation has not happened yet. The global institutions have not been created yet.

So many big things have to happen at once. Rapid pace political reform that sets America on the path to total campaign finance reform would be one, but instead you have the drama of old man Rangel dragging his feet all the way to jail time.

There are monetary moves to be made, and Paul Krugman has talked about this. I like the idea of letting inflation go up one notch so it becomes expensive for the private sector to keep sitting on the two trillion dollars it is sitting on.

I am leery of only construction jobs. I have not seen a big push for universal 100 MB broadband yet. A big chunk of that is political work that does not cost the government any money. It is about introducing some major competition in to that sector.

There is one overriding theme though. Most people seem clueless.

How to Fix the Economy: An Expert Panel: a paper forecasting high unemployment, low housing prices, and very low growth through 2017..... An expansion in credit, debt, and deregulating over the past 10 or 20 years got us here. ..... it will take time, but it need not take time. ...... We are unwilling to do drastic things that will improve the situation of households. You can do that by raising their income so they can meet their debt burdens. ...... Without drastic reforms to entitlement programs in the United States, we are really talking about something that will feel like the 1970s—but last for 20 to 25 years. ..... We should be thinking about modernizing our housing sector, improving the kind of mortgages we offer, and encouraging innovation. ...... Half of the budget is Social Security, Medicare, and Medicaid... Nondefense discretionary spending is 4 percent of GDP. ..... I don't think we are going to modernize Fannie and Freddie very soon. Fannie and Freddie hold the preponderance of mortgages in the United States. ...... Non-Fannie and Freddie mortgages trade in the 6-to-8 percent category, as opposed to the 3½-to-4 percent category [for Fannie and Freddie mortgages]..... Roosevelt did things fast. He created the 30-year mortgage within months of his taking office. We need that kind of spirited innovation. ..... The most difficult issue was Too Big to Fail, and that was not dealt with. We are going to be creating even bigger financial institutions ...... We would have moved toward solving the problem if we had broken up the large institutions where they are not too big to fail. ...... It is jobs that are affecting housing prices, not the other way around. Mainly it is the failure to generate convincing economic prospects that keep people from hiring. ....... 16 percent of [Americans] would like to have jobs but don't. ..... something on the order of a 30 percent cut in Social Security taxes for four years. That would create immediate incentives for hiring. ....... continued backlash against domestic institutions ...... The key reason firms aren't hiring is that the economy is growing so slowly ...... more public projects .... Public projects are part of what we should be doing—New Deal, Civilian Conservation Corps-type projects—because unemployment is sapping the national morale. ..... general revenue sharing ..... the global economy faces a serious structural condition, and that is lack of global aggregate demand in which the developing countries continue to save and the developed countries no longer can finance prior levels of consumption ....... encourage China and other Asian countries to develop internally as opposed to simply externally for export. ...... we are not just broke once. We are broke about six times over ...... When a government is in an unsustainable fiscal position, spending more money does not improve the economy. ....... The only one that has the capacity to borrow in sizable amounts is the U.S. government. ..... to suggest that the government now contract fiscally in terms of reducing its deficits to me is simply going in the wrong direction. ..... people are very upset. They feel that the country is not theirs, and that a small group of wealthy people who get bailed out and bribe the government are in charge....... The issues are not that clearly understood today. The system is more complex. What has been legislated is a Rube Goldberg contraption. And that is wrong...... The engine of global growth is shifting from the United States to other countries ...... Firms are not buying new buildings, but they are buying new computers. ..... The most important thing we have going for us is our entrepreneurship and flexibility. ...... We are creating a Financial Oversight Council which will be worrying about systemic crises, and an Office of Financial Research, which is going to be collecting data. When we had this crisis we didn't know what was happening. ...... create jobs for the future, as opposed to jobs for current consumption ...... for the Federal Reserve to continue the quantitative easing and be even more innovative. They have to do more.

IBM's Africa

New York Times: I.B.M.: Africa Is the Next Growth Frontier: I.B.M. will supply the computing technology and services for an upgraded cellphone network across 16 nations in sub-Saharan Africa. Its customer is India’s largest cellphone operator, Bharti Airtel, which paid $9 billion a few months ago for most of the African assets of Kuwait’s Mobile Telecommunications Company, or Zain..... The deal takes the broad partnership between Bharti and I.B.M., begun in 2004, beyond India. ..... in the last five years I.B.M. has invested $300 million in the region to build data centers, add country offices and foster technology training programs — and it plans to expand aggressively in the region..... the next major emerging growth market — Africa .... I.B.M. is targeting the linchpin industries of economies including telecommunications, banking, transportation, health care and energy...... only 23 percent of Africans have access to banking services, but already 8 million Africans use their cellphones for payments.

The for profit route is the route to go. The for profit route is the best way to do good for about 90% of the people out there, be it Africa, China or India. Or America. Most Americans take care of their families with jobs they hold with privately held companies.

In The News

New York Times: Oracle Profit Rises 20%, Higher Than Forecast: for a quarter that closed at the end of August, traditionally one of the slowest selling periods..... Safra A. Catz, a president of Oracle .... “I don’t believe there is any other company in the industry better positioned than Oracle,” Mr. Hurd said. ..... The legal squabble underscores the changing relationships taking place as the world’s largest technology companies begin to step on each other’s toes. .... Never one to back down from a confrontation, Lawrence J. Ellison, Oracle’s chief executive, threatened that H.P.’s lawsuit against Mr. Hurd could wreck the companies’ relationship. ..... Oracle continues to follow a multiyear strategy of acquiring business software makers large and small. The company hopes to become a one-stop shop of sorts .... tends to purchase companies with loyal customers who pay regular maintenance fees for upgrades and other services ... Oracle posted about $1 billion in hardware sales as well ..... Ellison vowed to unveil a host of new products at Oracle’s event next week, including systems that create tight links between hardware and software.
Google Ventures Hires an Entrepreneur-in-Residence: the man behind Google Voice ..... Google bought GrandCentral for a reported $45 million in 2007 and since then, Mr. Walker has been the product manager for real-time communications at Google. ..... Entrepreneur-in-residence is one of those only-in-Silicon-Valley jobs. Smart people get paid to sit around and think about new ideas, and investors get the chance to join an entrepreneur early in a new project, betting that lightning will strike twice. ..... “This business that we’re in as V.C.s is a social business, more about people than companies or products.” ..... the idea is that Google will eventually fund Mr. Walker’s next start-up..... there are still lot of industries like that out there.”

TechCrunch: Yahoo’s Internal Three Year Plan: 1 Billion Users And $10 Billion In Revenue: an increase in the number of unique visitors to Yahoo properties from today’s 622 million to a cool 1 billion. And an increase in overall Yahoo revenue from last year’s $6.5 billion to a whopping $10 billion.... short of some sort of massively popular new product, 1 billion unique visitors isn’t going to happen ... what Yahoo really needs is some serious product vision
How Small Countries Out-perform: A Guide (Spoiler: It’s a lot like Startups): By 2050 the United States will be the only G7 nation that is still one of the seven largest economies in the world. Our new peers... will be China, India, Russia, Brazil, Mexico and Indonesia. .... Israel and Singapore. These are two countries that had little in terms of natural resources and have far out-performed their larger neighbors ..... tiny Singapore has just 2% of the population of its giant neighbor Indonesia but its GDP is 35% of Indonesia’s ..... a culture of entrepreneurship ..... Israel .. indirectly benefited from its instability, in that most of the innovation in the late 1990s spun out of the army. ...... The President of Iceland Olafur Regnar Grimsson, who was on the panel, said his size has been an advantage in doing deals with the global giants because it’s not a threat and there are no political dustups. ...... One huge international giant, like Nokia in Finland, can have a disproportionate effect on the economy as it swings up and down with the market ..... What works best isn’t erecting some incubator but favorable tax policy, labor laws that allow for rapid company formation and failure and incentives for foreign investors. ..... Singapore’s GDP was down 8% last year but is up 18% in the most recent quarter.
Music Lovers, Be Prepared To Fall In Love Instantly – Meet The New Shuffler:Shuffler is excellent for music discovery
Social Payment Startup Venmo Raised $1.2 Million And Has A New iPhone App (TCTV): closed $1.2 million in seed funding last May led by RRE Ventures. Other investors include betaworks, Lerer Ventures, Founder Collective, as well as angel investors Dustin Moskovitz, (Facebook co-founder), Dave Morin (founder of Path, senior platform manager at Facebook) and Sam Lessin (Drop.io CEO)...... Andrew Kortina used to work at betaworks, where he was one of the original engineers on URL shortener bit.ly. ..... if it grows, businesses could start accepting Venmo payments simply by opening an account. .... If it can start collecting enough public data about what people are buying, that data could be very valuable to brands and businesses.

Facebook Competitor Diaspora Revealed: Sparse, But Clean; Source Code Released: All traffic is signed and encrypted (except photos, for now).... will include Facebook integration off the bat, as well as data portability. .... It is by no means bug free or feature complete
Facebook Expands Instant Personalization Program, Adds Rotten Tomatoes As Partner: The feature gives sites that have received Facebook’s blessing the ability to access any information you’ve shared with ‘Everyone’ on Facebook as soon as you arrive at the third-party site, with no authentication required. ... Yelp, Microsoft’s Docs.com, and Pandora .... a personalized web, where sites know what you’re interested in as soon as you arrive.....it was initially frustratingly difficult to opt-out of ..... people will totally freak out when they arrive at a site and it already knows who their friends are ..... “No revenue is ever exchanged as part of this program and user data cannot be transferred by partners to third-party ad networks.” .... reviews, food, travel, music, movies

Alex Payne: The Very Last Thing I’ll Write About Twitter: My unintentionally infamous tweet from months ago about a Twitter web experience that would compete with the best third-party clients ..... The new design is a pleasure to use, and encourages a kind of deep exploration of the data within Twitter that has previously only been exposed in bits and pieces by third-party applications. Browsing Twitter is now as rewarding as communicating with it..... the Twitter developer community needs to adapt to the post-#newtwitter reality. .... decentralization would make tweeting as fundamental and irrevocable a part of the Internet as email

Google Latlong: View Near Real-time Flights Over The U.S. In Google Earth: a snapshot of all the airplanes in the air at any given time over the U.S., all placed at the appropriate coordinates and altitude.

BusinessWeek: Dell Plans More Than $100 Billion Spending In China:over 10 years ..... Steve Ballmer projects the country may replace the U.S. as the largest PC market next year. ..... The company spent about $23 billion in China in 2009 .... Dell China President Amit Midha
China Touts ‘Complete Package’ for California Railway: including financing .... linking Los Angeles and San Francisco .... trains that travel 350 kph (217 mph) and experience from building a 6,920 kilometer high-speed rail network, the world’s longest...... China will have twice as much high-speed rail track as the rest of the world combined by 2014 under a 2 trillion yuan ($297 billion) nationwide construction project ..... California’s planned high-speed rail network would haul passengers between Los Angeles and San Francisco in 2 hours and 38 minutes. The journey takes six to eight hours by car or about one hour by plane. ..... will eventually link San Diego, Los Angeles, San Jose and San Francisco.

Google's Social Efforts

Image representing Google Buzz as depicted in ...

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New York Times: Google’s Chief On Social, Mobile and Conflict: Expect to see social tools from Google this fall, he said, but do not expect a brand new social network. Instead, Google will add social components to its core products..... another rivalry — the one between Google and Apple over mobile phones — as different than the one with Facebook. .... “I have been surprised at how important Android is for our business” ...... particularly interested in buying social networking and advertising start-ups, has picked up the pace of acquisitions .... “Most of the acquisitions that we are doing are focused primarily on technical talent”

Fred Wilson: Social Layers And Social Intention: FriendFeed was largely a social aggregator whereas Twitter is a service with specific social intent.

Mike Arrington: TechCrunch: Details Of The Google Social Layer Emerge: “Google Me will produce an activity stream generated by all Google products. Google Buzz has been rewritten to be the host of it all.

Search and social are apples and oranges, to use the very tired metaphor. Facebook can do social search, as it has every intention to do, and Google can do search social, but Google does not have the option to become Facebook. It does not need to.

Google can not ignore social any more than Facebook and Twitter could have ignored location. But Facebook can not, should not become Twitter, Facebook is no FourSquare. Google is no Facebook. It has no need to be.

Google Also Answered My Blog Search Prayer
My Gmail Prayers Heard: Multiple Inboxes
Real Time Search: Where Google Can "Get" Social
A Ridiculously Good Blog Search Engine
Google Does Not Need Social Envy

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Friday, September 24, 2010

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