Image via CrunchBaseI first visited Vin Vacanti's blog perhaps a year and a half ago. We might have exchanged an email: hello! Back then his blog looked like it got updated once every few months. I had never met him. It was the depth of the recession. Although to a startup that has not made it yet, can look like the curtain is down for no explainable reason.
The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
Monday, November 08, 2010
The Yipit Iterations, Pivots And Turnaround
Image via CrunchBaseI first visited Vin Vacanti's blog perhaps a year and a half ago. We might have exchanged an email: hello! Back then his blog looked like it got updated once every few months. I had never met him. It was the depth of the recession. Although to a startup that has not made it yet, can look like the curtain is down for no explainable reason.
Event At Hunch: Gender Talk (4)
Image via WikipediaSo I was at this event at the Hunch offices. Chris Dixon was hunched over a computer. Gosh, this was a while back. Grrls In Tech? No, this was Change The Ratio, a different gang. "I wear the same outfit every day," Fred Wilson said.
Sunday, November 07, 2010
Vinod Khosla: For Profit Poverty Alleviation
Image by brettwayn via FlickrNew York Times: Sun Co-Founder Uses Capitalism to Help Poor: commercial entities can better help people in poverty than most nonprofit charitable organizations .... an increasingly popular school of thought: businesses, not governments or nonprofit groups, should lead the effort to eradicate global poverty..... Rich Indians “are more into temple building and things like that” ..... moneymaking versions had grown much faster and reached many more needy borrowers. ..... He said he wanted to help create a new generation of companies like SKS, which started lending as a commercial company in 2006. It now has 6.8 million customers and a loan portfolio of 43 billion rupees ($940 million)..... CashPor, a nonprofit Indian lender to which Mr. Khosla has also given money, has 417,000 borrowers and a portfolio of 2.7 billion rupees ($58 million) even though it started operations in 1996. ..... Besides growing faster, SKS, India’s largest microfinance company, has become a stock market darling. The company floated its shares on India’s stock exchanges in mid-August, and they have risen 40 percent since then. .... Khosla’s 6 percent stake in SKS is worth about $120 million, about 37 times what he invested in the firm in 2006 and 2007 ..... Khosla said it might take at least a year to set up his new venture fund. ..... these “social enterprises,” as they are sometimes known, cannot be solely relied upon to address the many entrenched causes of poverty. ..... “I am relatively negative on most N.G.O.’s and their effectiveness,” he said. “I am not negative on their intentions.”I have admired Larry Ellison over the years. The guy's biography reads like fascinating. Now I have found a dude who is less dramatic, but not less towering. Khosla speaks to me. He came to America as an international student
Image by ptufts via Flickr like I did. He thinks of where he came from. The idea is not to go back, but to take back, to give back, to do. His clean energy drive over the years has been about all those cars he sees crowding the roads in China and India over the next 50 years.
Saturday, November 06, 2010
Vin Vacanti On That Techie Cofounder
Image via CrunchBaseVin Vacanti of Yipit, one of the hottest tech startups in New York City - not long back the not so hot, not so funded, but always promising tech startup - has produced a series of rather insightful blog posts on a topic that I have seen more early stage entrepreneurs in town struggle with than probably any other. The search for that techie cofounder beats the search for funding.
Askalo: Do You Know Your City?
Image via Wikipediahttp://www.askalo.comOver 1,000 cities, 38 countries, 5 languages. Askalo is a web community. It is a platform. It is local. Ask questions. Share tips about your city. The Q&A format - Quora comes to mind - seems to be the latest craze in social. And Askalo brings that to city discovery.
Quora is a continually improving collection of questions and answers created, edited, and organized by everyone who uses it..... TechCrunch: Quora Has The Magic: Benchmark Invests at $86 Million Valuation ...... GigaOm: Former Facebook CTO Launches Quora, Competes with Yahoo Answers, Aardvark, Hunch
Friday, November 05, 2010
Google, Please Don't Be Evil
Image via Wikipedia“[A] Nicaraguan military commander, using Google Maps as his guide, brought his troops into Costa Rica. He insists that he was just following what Google Maps said, and that he never intended to go into the neighboring country. Yet… the report also notes that there was a Costa Rican flag there, which the Nicaraguans took down and replaced with their own flag. You would think, at that point, that everyone involved might double check to make sure they were on the right side of the border. After raising their own flag, the Nicaraguans apparently set up camp, cleaned up a nearby river (nice of them) and then dumped sediment into Costa Rican territory (not so nice of them).”— Nicaragua Accidentally Invades Costa Rica, Blames Google Maps (Via Matt Lehrer)
Ben Horowitz: Hip Hop Mogul
MapCrunch: Random Places
Image via Wikipediahttp://www.mapcrunch.comThis site is so cool. It taps into the Google Street View database to show you random pictures from all over the world - I just saw one from Antarctica - and it is quite a feeling. In some ways this feels better than Google Earth, although Google Earth is an experience of its own.
You hit the N key on your keyboard and the next picture shows up, and next, and next.
You can view pictures by continent or country. Not all countries are available yet, but that's okay. I will wait.
And there is the obligatory slideshow option. And, of course, full screen mode.
Bon Voyage.
The Video Format And Web Intelligence
Image via CrunchBaseIt is not that people are saying, oh no, the internet got us addicted to the text, we have no more love for the video format, or that we are cutting down on both French fries and video content. The demand for TV shows and movies is bigger than ever and growing. So what gives? Why are people in the TV/video/movies business worried? Why are the cable people scared? They are scared because the times, they are a changing. And they are refusing to change with the times.
Google's Gmail Envy
Image via CrunchBaseTechCrunch: Google To Facebook: You Can’t Import Our User Data Without ReciprocityThe use of the word data by Google here is key. That further confirms the point I have been making at this blog over months. Social is not in Google's DNA. Google does data, Google does information, Google does not do social. When it goes into local and location, it is hung up on data.
Leave Costa Rica Alone
Image via WikipediaSearch Engine Land: Nicaragua Raids Costa Rica, Blames Google MapsAs of recent I have been thinking in terms of Costa Rica as the country where to have the pilot project for my microfinance tech startup. A member of the exploratory team suggested a small, central American country might be a good idea. And so I have been mulling over the name.
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