Wednesday, January 26, 2011

Popular At Quora, PlanCast

General Assembly: A Floor, A Building, A City Block

Baratunde ThurstonImage by Laughing Squid via FlickrGeneral Assembly is such a good idea - and right now it is two floors - that I think it deserves to be an entire building, perhaps a city block. If you have not visited already, you should. Go make your pilgrimage.

It has been designed just right. When you are in front of your computer, you are in front of your computer. And there should be a headphone rule. When your ears are covered, you are saying do not disturb.

But then there are times when you want to be in a big, open space. There are times when you want to hold meetings. Small meetings, big meetings.

And it has a great business model. If it has 90 occupants paying $500 each, I am doing the math and the numbers are looking great. And there is a long waiting list, 100 strong, I think. General Assembly could easily occupy another floor.

The Real Time Social Graph, Transient Social Graphs

Charlie O'DonnellImage by Laughing Squid via FlickrWhen you say social graph, you talk of friends, as in people you have known, people who were you friends yesterday, are today, will be tomorrow. That is a long tail. And there are many services that have done a good job of curating those social graphs. Facebook, of course, is the grand daddy of them all.

But I see a major void in the real time social graph.

I use several services to plan what events I wish to go to. And that is another space that could use much better services. I use PlanCast, but PlanCast is not populated enough with events. Users find it too hard to create events, and not enough events get created. And not enough event organizers are using it yet. I also use Charlie O'Donnell's events newsletter.

Facebook Will End Up The Social Graph Operating System

Image representing Facebook as depicted in Cru...Image via CrunchBaseFacebook, far in the future, will likely recede into the background. Facebook will have its Google days. That is but inevitable.

Facebook did not create the social graph. It merely tried to map what already existed out there. But then a social graph where everyone is a friend is not the best possible map.

There are many social graphs. That is our reality. There will be many maps. Facebook is like a broad map of the world. And it can hope to become better and better, but sometimes you don't want a map of the world, you just want a map of the NYC subway system. Or maybe most of the time you just want that.

Third World Guy

I am a Third World Guy. That is not my past. That is my daily reality. That has implications.

Two white guys destroyed my high school experience. One white guy destroyed my college experience. Some white guys tried to destroy my New York City experience.

I left you an entire country. I left you a state, an entire region. There is nowhere to go after New York. In New York you have my back against the wall. You don't want to corner a cat. That is a bad idea. I feel an enormous itch to create, to fight.

They built a white-Pahadi coalition against me in Kathmandu. They built a white-black coalition against me in Kentucky. They tried to build a white-black coalition against me in New York City.

Charlie Rangel thinks he is going to live for 10 more years. I wish every of those years upon him. I want the motherfucker to watch.

Tuesday, January 25, 2011

Semil Shah On Quora


Frequently Asked Questions About Quora The incredible growth of Quora has also led to an equally incredible growth in chatter, punditry, and analysis ..... If organized correctly, the information contributed to and categorized on Quora could not only result in the best Q&A site ever, but it may also transform into a new type of search engine and destination for information. .... Those who contribute content to Quora do so because, in exchange for their contribution, Quora gives them the chance to establish a brand, reputation, and areas of expertise. ..... Quora has a very good idea of what interests its users have, and that is very, very valuable knowledge. .... where the mutual meeting place is Quora.

Monday, January 24, 2011

Twitter: $45 Million To $150 Million To $250 Million

Image representing Tumblr as depicted in Crunc...Image via CrunchBaseSo Twitter made $45 million last year, and it is projected to make $150 million this year. These numbers are a slap in the face of those who kept asking back in 2009, okay, so Twitter has all these users, but how will it ever make money?

Some of those pundits are saying the same about Tumblr. Well, these are going to be Tumblr's numbers two or three years from now, more like two. If you can get deeply engaged users, monetization is just a matter of time. The players that matter know that simple fact.

FourSquare Has 6,000,000 Users

Foursquare LogoImage via WikipediaFourSquare has put out a blog post that I urge you click over to. The post displays a cool infographic.

FourSquare has 6,000,000 users. That is awesome. The last I was keeping track they had a million users heading to two million. That is a rapid ascent.

I expect FourSquare to keep that pace. It has been a company to watch. The next five years are looking really good for the mobile web, and there FourSquare competes with itself.

An Ode To Steve jobs

Jack Dorsey Also Has A FinTech StartUp

Jack DorseyImage by Joi via FlickrGreat minds think alike. I have a FinTech startup. Jack Dorsey also has a FinTech startup. Square is a FinTech startup. But my FinTech startup is going to be bigger than Jack Dorsey's. I am giving Jack Dorsey five years to prove otherwise.

I am not making this up, but I thought of something like Twitter about six years before it actually showed up. I was thinking, there has to be a way for celebrities to interact directly with the fans. But I was not thinking 140 characters.

New York Times On General Assembly, The Coworking Space


TechCrunch: General Assemb.ly Scores $200,000 Grant To School Big Apple Entrepreneurs

When I was at the General Assembly on Friday, a team from the New York Times dropped by. They took my pictures too, but apparently pictures of me were meant for their private collection. This is the article they put out as a result.

Rachel Sterne: CDO


A Mind Blowing Party

In Nepal where I grew up that would have meant Chief District Officer, one mean post back in the days of absolute monarchy. You did n-o-t want to ever get noticed by the CDO. Worst case scenario you might simply have disappeared. Some of the most politically vocal people did. They simply disappeared.

Saturday, January 22, 2011

250K Or 500K: How Much To Raise?

Union Square Ventures logoImage via WikipediaI am in mind to raise 250K from Union Square Ventures. That would be my first choice. I can guarantee you I can get Fred Wilson to give me 15 minutes of his time any day for me to able to pitch him. That much I know. But the deal is up in the air. I am not going to assume it will happen. That part is not in my control. What is in my control is I am going to leave no stone unturned to get him. My part is in my control.
Serenity Prayer - Wikipedia, the free encyclopedia
Another idea that is being floated by some people on my team is that I raise 500K, but without giving equity. It would be like I get 500K, and in my next round - which could happen in as little as six months - I give that money a 600K valuation. I would be very open to that.