Curry In A Hurry: FoodSpotting First Friday: April 1

The platters at Curry In A Hurry tend to be huge. I am looking for someone to split my platter with.

(Photo from January 15)

Africa's Internet Strides

Image via Wikipedia

The Atlantic: The Coming Battle for Africa's Internet: Seneweb.com ... the unofficial homepage of the nation. .... the Huffington Post of Senegal -- except with far less in the way of competition. Deeply influential in Senegalese media and politics, it's where obscure reports of government waywardness go viral. On a happening day, the site fetches 200,000 unique visits and 1.3 million hits -- astounding numbers in a nation of 13 million, less than a million of whom can even get online. ....... That traffic has traditionally come not from inside Senegal but from all the motley places where West Africans travel for work -- such as Romania ..... nearly every country in the neighborhood has its Seneweb: Ghanaweb is probably the most influential, followed by Côte d'Ivoire's Abidjan.net. ...... "But now, the majority of visitors are in Senegal. The internet has taken off here." ...... as internet access becomes cheaper and more widespread ....... Less than ten percent of Africa's population has internet access ..... expects that number to grow by half every year "for the foreseeable future." ..... 100,000 miles of broadband wiring criss-crossing the world's second-largest continent like the 21st century version of a transcontinental railway. The connections start with undersea cables and extend onshore towards 3G towers within reception range of the continent's growing middle class. ......... 300 million people, each earning between $2,000 and $5,000 yearly -- not always enough to keep a router in the living room lit, but certainly enough to pay off a BlackBerry bill. The service they enjoy, smoother than its American equivalent, runs off towers that are newer and more adaptable to data transfers, which is rendering Africa's telecom transition -- from a continent of voice phones to one of pocket PCs -- more scalable than expected. ....... happening faster and faster than anybody could have imagined ..... every ten percent of a country's population that winds up online powers a percentage point and a half of yearly economic growth ...... the World Bank's offices in Sierra Leone and Liberia, which typically focus on building roads or power plants, have allocated $57 million to support a $300 million project to build a broadband cable reaching out to sea. ..... Currently, most internet access in Sierra Leone and Liberia is only by satellite, which restricts it to those who are both extremely rich and extremely patient. ....... "The impact of mobile phones clearly demonstrates that internet is something that can be transformative for the bulk of the population." ...... the converse is true as well: Africa's population could also be transformative for the internet. ...... Google offers a Craigslist-style site where Africans can shop used goods -- sheep, pool tables, balafons (a xylophone-like West African instrument) ...... Last year, Google unfurled Baraza, a question-and-answer forum for Africans ..... a phone-based bookkeeping service for shopkeepers, for example, which could do much in a part of the world where every salesman records his turnover in a notebook. He also wants to add a Blogger service to Seneweb and to sidestep Google Ads by soliciting African companies to buy banners on his site. ...... "You look at Africa, Brazil, China, India, and right there you have almost four billion of the world's consumers," Herlihy says. "They're only going to be happy using products designed for Americans for so long."

This is so exciting. This is when I was pursuing my IC vision a few years ago. It is happening, and fast. Frees up people like me to go tackle the next big thing: microfinance. We are for profit, high tech Kiva that will do the last mile under its own brand name.

Lady Mayer

Jack Dorsey Returning To Twitter

Image via WikipediaI put out this blog post - Twitter At Five: Not Spitting Out Well - and the following day news was that Jack Dorsey was going back to Twitter in a major way. I felt vindicated.

I have a thing for the Founder CEO. (Larry Page At The Helm) Jack Dorsey is the Twitter Founder CEO. No, Biz Stone did not co-invent Twitter. Jack Dorsey getting booted out of Twitter is not exactly the same as Steve Jobs getting booted out of Apple in 1984, but it is in a similar vein. It is a DNA thing, it is delicate. Only the Founder CEO can pivot like a service like Twitter needs to pivot. Facebook has not had that problem. Zuck's being in the driving seat explains that. Facebook has pivoted relentlessly.

Larry Page At The Helm

Image via Wikipedia

"I was talking to Larry on Saturday," says Nikesh Arora, Google's chief business officer, when we sit down to talk the following Tuesday. "I told him that I'd gotten back from nine cities in 12 days -- Munich, Copenhagen, Davos, Zurich, New Delhi, Bombay, London, San Francisco. There's a silence for five seconds. And then he's like, 'That's only eight.' "

I have been explicit in my preference for the Founder CEO. I have maintained that Eric Schmidt should have been brought in as COO, Chief Operating Officer, at the outset. That he was brought in as CEO tells me VCs have more power than they should have. Or at least that was the case over a decade ago. In John Doerr vs. Larry Page, I am with Larry Page. John Doerr made a big mistake.

Larry Page had Google work on Android and Chrome behind Eric Schmidt's back. Google not "getting" Facebook is not a big problem, but if Google did not have Android and Chrome today, it would have become an old company by now. Android and Chrome are fundamental to Google doing well in the 2010s, crucial to Google staying relevant and on the edge. And Larry Page gets primary credit.

Google Images, Facebook Photos, Twitpic, Instagram, FoodSpotting

Image by Michelle Brea (busy-away) via FlickrI guess people have been taking pictures for a while now. Sight is a dominant human organ. And now there has been talk of a new startup called Color. My first reaction was, how did they get that domain name? Was it not already taken?

So what's the idea? The first piece I read on the topic told me you will never be able to leave me. You are stuck with me within a mile radius. Not even a mile. This world is getting small.

Before trains and airplanes, that used to happen. People could spend their entire lives within a few tens of miles. Some people obviously think we need to go back to that kind of reality. You pick the 10 people who matter to you and you never leave. You constantly take pictures for each other, you tweet for each other. But there is another angle to it, like when you are public and semi public. Then people far, far away who are not part of your immediate circle get a much more realistic picture of what your life is like. That could lead to world peace. Peace gets disrupted when communication breaks down. If everyone gets to speak, and everyone gets heard - see and be seen - maybe there will be fewer fights.

Alexis Ohanian: Angel Investor

I read somewhere you had to pick between the panels, two out of four allowed. So I showed up early for registration. Ends up you did not have to pick. So I went to all four. Well, there was a Seth Godin speech to begin with. I did that. And Chris Dixon spoke after the panels were over. And there was the social/networking part to cap it all. All in all it was a half day affair. It was a few trips between floors one and five for me. I got to take in half of each panel.

Startups And The Art Of Selling
Monetizing A Startup
Venture Capitalists And Their Thesis
Patrick Chen's Entrepreneur Exchange Summit
Idea to Initial Execution
March 25: Stern: Entrepreneurs Exchange Summit

What Is Your Emotional Age?

Cover of Bill Clinton"Hillary is 42. She will always be 42. I am 16. I will always be 16."
- Bill Clinton as a Yale Law School student

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The Institutions Of Globalization Will Be Built On The Internet

This is the internet century. This is the globalization century. At first I thought in terms of the UN, since it was the only global body. Then I thought in terms of the US, the oldest democracy, the richest country, the biggest power. And I have thought in terms of the internet all along. But as the internet's capacity has grown, I have thought primarily of the internet more and more.

This is the internet century. The internet is the new country. It is not America no more. America has become Europe. America is an old country.

For the biggest problems, the grandest challenges, it is the power of the internet that has to be unleashed. That internet does not operate in a vacuum. It permeates the old institutions like ether.

So when I say the institutions of globalization will be built on the internet I am making plenty of room for old institutions meshing with the internet. You open the windows and let the air come in.

But the biggest problems remain unsolved. Poverty is nowhere close to being cured. Sex slavery is not even much talked about. Climate change is apace. The biggest challenges have proven way bigger than the existing institutions. New institutions will have to be created. And those institutions will get created primarily on the internet. There is room for many on internet only institutions. Big institutions.

Twitter At Five: Not Spitting Out Well

Image via CrunchBaseTwitter at five: The story of Twitter’s beginnings

Twitter has been a remarkable tech success story, and I have blogged about it much here. But today I am going to celebrate its birthday by hitting at its prime weakness. Twitter has done a lousy job of making sense of all the tweets it collects. They all rest on your own servers, for Chrissake.

Startups And The Art Of Selling

Image via CrunchBaseI for one think Facebook should have been forced to go public at a billion dollar valuation, or 10 billion max. But the company continues to be privately held. I could argue it has had several private IPOs.

There are several forms of exits. IPO is the rare exit. It is for the best of the breed. By definition most startups are not there, will never get there. Getting bought by a bigger company is a respectable, lucrative exit.

And there's the non exit exit. You don't go IPO. You don't get bought. But you become profitable. You start minting money. What's there to complain? I'd hope the vast majority of startups out there would go for this "exit."

Monetizing A Startup

Image via WikipediaI am a huge fan of the freemium model. Keep the basic product free, get lots and lots of deeply engaged users, and monetization will happen. But that is not the only way. Some great services charge right away. Whatever floats your boat. You can delay making money, but not forever. Shorter the delay, better it is.

How To Monetize Your Social Web Startup there really is no secret sauce to making money on the social web: you’re either selling ads or selling a product. ..... While it’s possible to generate revenue through a number of models, there are really only a few core monetization models. ..... Since ownership of mass distribution channels is becoming fragmented, advertisers are looking for targeted audiences that are most likely to purchase their product. ...... Whether it’s an information product or a physical good, there are massive opportunities to generate revenue from selling things. ..... Brand advocacy in the world of social media is something that has many marketers drooling but rather than spending all your time monitoring the conversation, try developing a high quality product or service. .... many internet entrepreneurs pretend as though there is a secret monetization model that they’ll release in the near future. There isn’t one.

Venture Capitalists And Their Thesis

Image by paulamarttila via FlickrYou can waste time as an entrepreneur knocking the doors of the wrong venture capitalists. VCs tend to have sectors they are knowledgeable about and are interested in. If you are not a fit, you are not a fit. You might have a brilliant idea, a brilliant team, a brilliant product, but if you approached the wrong VC, you will still get a no.

Venture Capital Investment Thesis Myths For venture capitalists, an investment thesis states the main idea of their fund–essentially, why your venture fund exists, and what it proposes to invest in ..... does the company mesh well with our macro-economic analysis? Are they operating in a market we understand? What are the future expectations of the sector? .... many venture capital firms don’t have investment theses. Those firms also tend to not last. .... Like writing a presentation/business plan/executive summary, there’s no set procedure for creating an investment thesis. ..... investment theses only last a couple years ... investment thesis will most likely be constantly tinkered with