Image via CrunchBaseThis is more than putting a few million dollars into Mike Arrington's pocket. The bad boy of Silicon Valley is going to be keep being the bad boy of Silicon Valley, but now he is bought.
"All your chats are belong to me," the Russian founder of Chatroulette said at one point. Well, Mikie, all your blog posts now belong to us. We are New York City. We own TechCrunch now.
We should let Larry and his boys out there in Silicon Valley duke it out with hardware. Let's not get into hardware. (Putting My Money On Larry Ellison)
New York City has the lead on the mobile web and we need to keep that and grow that. Web services have gone global by now, and that is swell, but that is another soccer field we can keep munching on.
BusinessWeek: HP, Oracle Lead Acquisition Spree Tearing Down Tech Barriers: The race to add businesses hearkens back to the early days of corporate computing, when IBM’s dominant mainframes included home-grown chips, software, storage and networking technology. With the advent of the PC, these technology areas split up into their own industries.
I am glad the writer drew this parallel between the mainframe and the PC, because just like that consolidation symbolized the end of the mainframe era, this current consolidation symbolizes the end of the PC era. The PC is running its final lap right very now.
The smartphone is here. The 2010s belong to the smartphone. The mobile web will engulf all of humanity. Big screen broadband will have to eventually get there, but it will not get there first.
The smartphone is an addition to the ecosystem. The smartphone does not replace the PC, it was not meant to. But there is going to be a device that will reside somewhere between the PC and the smartphone. I don't think the netbook is it, I don't think the tablet is it. But they look like siblings, sure.
The PC might stick around, but not at the center of the universe.
"(C)hips, software, storage and networking" will splinter all over again.
I am in talks to do social media for a yoga studio out there in Dumbo. I hope the talks go through because I sure am interested. Dumbo just so happens to be New York City's own little tech hub. There is no Silicon Alley. There is Dumbo.
Looks can be deceiving. I am Indian, so sure, I do know my yoga, but not as much as you might think. But I will learn. More.
BusinessWeek: HP, Oracle Lead Acquisition Spree Tearing Down Tech Barriers: broken down decades-old barriers between industries ..... HP, Oracle, IBM, Cisco Systems Inc. and Dell Inc., with a collective $100 billion in cash, have said they plan to keep making acquisitions. ..... The buyers are pursuing a vision of cloud computing, which lets customers store their software in massive data centers, rather than in the computer room down the hall. Record- low borrowing costs have helped spur the deals. ..... “Nobody wants to be Californicated by Cisco.” .... Oracle, the world’s second-largest software company, snapped up almost 70 companies in the past five years
I am putting my money on Larry Ellison. The guy, for one, has a track record, and a loud mouth, and a big stick. I don't know if you have been following, but the dude spent the past few years eating up all the small fish in his pond. He bought company, after company, after company. PeopleSoft made news, the rest did not make the same kind of news.
Now the shark is after the big fish. This guy has an attitude about him. He will jump into the water first and learn to swim later. Only, he knows how to swim. But the attitude is he would jump in even if he did not know how to swim.
The underbelly of this whole drama is that Larry Ellison is seriously trying to emulate his best friend, Steve Jobs. Steve Jobs has always integrated hardware and software, and so Larry Ellison was going to do the same thing. Steve Jobs got Apple to surpass Microsoft in market value, and now Larry wants Oracle to surpass Microsoft's market value, never mind that Bill Gates long retired.
HP is in for some tough times. And they just stepped on their own foot by hiring Thepo. That was not a good idea. When I say that was not a good idea, I am talking "strictly business."
This fight could last a few years, and most definitely will be worth watching.
Larry, give me data centers that are the size of servers.
Image by Zach Klein via FlickrChris Dixon's is a good blog to follow if you want to keep abreast developments in the fast churning VC industry. He is an entrepreneur and one of those angels that you will read about a lot, people who are changing the face of the game.
Chris Dixon: The segmentation of the venture industry: Venture capital has only existed in its modern form for about 35 years. ...... “customers” (entrepreneurs) have flocked to more specialized “products.” ...... segmentation by company stage. ..... The segmentation of the venture industry is healthy for startups and innovation at large, even if at the moment it might be uncomfortable and confusing for some of the people involved.
I like his conclusion here. He says, and I agree, that the churn has been healthy and the segmentation has been welcome.
Chris Dixon: If you aren’t getting rejected on a daily basis, your goals aren’t ambitious enough: My most useful career experience was about eight years ago when I was trying to break into the world of VC-backed startups. I applied to hundreds of jobs: low-level VC roles, startups jobs, even to big tech companies. I got rejected from every single one..... I had a strange resume .... I probably got rejected by someone once a day last week alone
And I am thinking the guy still has a strange resume.
OnStartups.com: Why Every Entrepreneur Should Write and 9 Tips To Get Started: If you asked me to tell you a list of three of the best decisions in my life, I can certainly tell you that regularly writing is one of them...... Writing on a regular schedule takes a lot of discipline, just like going to the gym or practicing a new martial art. ..... If you keep yourself dedicated to writing on a consistent schedule, those important values will carry over to other facets of life including startups. ..... By putting yourself out there and making yourself open to meeting as many people as possible, serendipity is much more likely to happen. ..... The majority of good things that have happened to me in business can be traced back to my writing
There are more great VC bloggers than there are great entrepreneur bloggers, and I have long wondered why. I have also long felt that situation needs to be rectified.
Social media is so essential. You need to do your own getting the word out. Most of your communication will be small group and perhaps intense. There will be a lot of in group communication. That is why social media is called social media and not mass media.
Updates that can sound bizarre to strangers are necessary staple to intimates.
But then there is also the matter of reaching out to people you might not be able to meet in person. Long form blogging is my favorite social media platform. It allows you to dip into far flung conversations. Meaningful participation becomes possible.
The VCs just have done a better job. I feel like I am half way to becoming a VC myself just from reading the many VC blogs. I have a pretty good feel of the churn that is going on in the VC industry right now.
Even former entrepreneur VCs will tell you, the real action is in creating companies, not in funding them. "All I do is write checks," Fred Wilson once said, which is an understatement, but it is the half truth.
I would go so far as to say every tech entrepreneur ought to blog. None of the top ones do. And I wonder why.
The list is not all that big. Facebook, Twitter, Tumblr, Wordpress/Blogger, and FourSquare, and I think you are all set. If you are active on those five platforms I think you are really into social media. And you are reaching out to people you need to be reaching out to.
Regular writing is like working out for the mind. When you blog regularly, you read your news differently. You also read more.
Ben's Blog: Ben Horowitz: In Defense of Standards, Ethics, and Honest Financial Reporting at Hewlett-Packard: my business partner, Marc Andreessen, is on the board of directors of Hewlett-Packard. I note that I have no inside information, and this blog post is based purely on published material. In 2007, I sold Opsware, the company that I founded and ran to Hewlett-Packard for $1.6B. I worked at Hewlett-Packard from 2007 to 2008 as an executive in the software business. Recently, my old company Hewlett-Packard has been in the news—and not in a good way. ....... HP employs over 300,000 people. ..... Jodie Fisher had more access to the CEO and was paid more than 99.9% of HP’s workforce, despite having no traditional qualifications. ...... It is not an easy thing to fire a popular, highly successful CEO.
Something tells me this drama is far from over. The Oracle-HP alliance is now a full blown rivalry. This is about money. Like they say, follow the money. Oracle is now firmly in the hardware business as well, and HP feels eaten up. Oracle can do hardware, but could HP do Oracle-like software?
This is not about people getting along, or not getting along. This is about the money. And Larry Ellison might be dramatic, but he is first and foremost a businessman. His flare ups are market signals. Watch them and you are watching an industry churning.
I came across this post by Al on Tumblr - my idea of TV - not long back and was the first person to reblog it there. Yes!
It is an honest, relatable, inspiring post. And I said so in a comment.
To those of you who might not know - I do have a global audience - Al Wenger is a top notch VC in New York City.
I promptly created a Scala page. This is still early. I first blogged about Scala back in May, and Google still shows only a handful of websites dedicated to Scala. Wow.
I could hardly call Al a friend, we have met in person but once. And I am strict about using the family metaphor. Some weirdos in Kentucky spoiled it for me.
Al to me is a VC and a blogger, and that is good enough for me.
One small but not unimportant fact I learned about Al during my one meeting with him is that he is Mayor of some horse place upstate.
Scala - Wikipedia: Scala stands for "scalable language", signifying that it is designed to grow with the demands of its users..... Scala code can call Java libraries (or .NET libraries in the .NET implementation). ..... Scala's operational characteristics are the same as Java's. .... Scala is a pure object-oriented language in the sense that every value is an object. .... In April 2009 Twitter announced they had switched large portions of their backend from Ruby to Scala and intended to convert the rest. In addition Foursquare uses Scala and Lift
CNet: Facebook granted geolocation patent: Among the concepts it claims are the sending and receiving of location-based status messages (what are commonly known as "check-ins"), the technology to store these check-ins, the ability to sense a street address to store in a check-in, and the receiving of a friend's check-in.
What just happened? Is this troubling? Some experts are going to have to weigh in on this one. What's going on? Facebook was rather late to the location game and now it has the patent on the whole thing? How does that work?
I am opposed to the idea of anyone getting a patent on the inbox. I mean, I am opposed to the idea of even FourSquare getting a patent on the check in. What the.
What just happened?
The weirdest part of this story is going to be that (literally) the Einsteins at the patent office had never heard of FourSquare and had never checked in anywhere themselves. I will bet you roadside falafel that is the case.
When I read this headline I thought someone came up with an app that will help people lose weight, because if America could somehow go to its 1980 obesity levels - which was bad enough - America would save $1 trillion in health care costs. But no, these tech CEOs have something else on mind.
This headline also made me think that although Obama 08 did a great job of grassroots campaigning, it pretty much wrote the book on it, we are not there yet when it comes to grassroots governing where everybody is involved. Just like Dean 2004 was not there yet when it came to grassroots campaigning, Obama 08 is not there yet when it comes to grassroots governing.
CNet: Tech CEOs find $1 trillion in government savings: Secondly, the organization contends that the U.S. government should "streamline" its supply chain and make goods-and-service procurement more standardized.
Talk about business sense.
CNet: Tech CEOs find $1 trillion in government savings: $200 billion could be saved over the next 10 years by analyzing payments being disbursed through Medicare, federal grants, and tax refunds. ..... the government should rely on "electronic self-service" to save $50 billion; sell or auction off many of the "14,000 excess, and 55,000 underutilized buildings in the federal inventory" for a $150 billion savings; cut down on energy use to save $20 billion; and migrate to more shared services for another $50 billion in savings.
The best part of these suggestions might not be that they are totally doable, and they will save a ton of money, but that in implementing them the US federal government will become more transparent, more agile, in short a better government. I say let's go do it.
It started with music. Movies and books will not be spared, are not being spared. It is a mindfood thing. The Internet is like this vast farm custom made for the production and consumption of mindfood in its various forms.
The first instinct of the industries has been to fight the technology. It is not true that people seem to have this unbeatable thirst to steal that which comes out during the night that is the internet. People like the convenience of the digital format. In digital formats these products - books, movies, music - take no space. Your device does not count, it is not music, it is not a book, it is no movie.
Just like the pharmaceutical industry does not have the same static price globally - it charges less in the poor countries and even gives it out for free in some - the textbook industry has to be the same way.
Maybe the price of that eBook is not $9.99. Maybe the price of that song is not 99 cents. Those prices have to go down. And they have to go even further down in the Global South.
And then the industry has to make peace with the fact that there will be some leakage. Like Bill Gates said a long time ago about China, "We want them to pay for our software, but if they are going to steal it anyway, we want them to steal our software." That has to be the spirit. Have you even been to a supermarket where some guy/gal is standing outside an eatery giving away free samples? It might be just one bite, but it is good business. I get the impression even free is a business model. When you are not raking in the cash, you are giving stuff away for free and you are building your brand.
Even when people don't give you cash, they give you mindshare. The whole advertising industry revolves around that mindshare. Don't complain when you get it.
Image via CrunchBaseThis is more than putting a few million dollars into Mike Arrington's pocket. The bad boy of Silicon Valley is going to be keep being the bad boy of Silicon Valley, but now he is bought. 
