Friday, October 15, 2010

What Do You Want To Be When You Grow Up?

Image representing Etsy as depicted in CrunchBaseImage via CrunchBase

I am in my 30s. Isn't it a little too late to be asking that question? I take solace in the fact that we live in an era when people will have a few different careers before they retire and go ahead and die. That would be fine except I seem to be having a few different careers at the same time, in parallel: no complaints. I have tried to learn positivity from my man Obama.

Finally I might have found it: a for profit micro finance startup with IPO ambitions. (Microfinance: The Next Big Thing?) And the fact that I am about a year away from my green card feels like no hindrance at all. I will just get someone else to incorporate the company. The conversation is in full swing, the work is on.

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NEW YORK - SEPTEMBER 26:  Microfinance pioneer...Image by Getty Images via @daylife
Before this I have been emailing my 12 line resume - in text format, my machine does not have Microsoft Office on it - to all sorts of people on Craig's List. For the longest time I did not even send cover letters. What is that? The thing is I have never had a job. Don't ask how that came to be, but that is the fact. Then I started sending cover letters, the same standard, half hearted cover letters where I was calling all sorts of jobs my "dream job." The truth is there is no dream job out there. My dream job necessarily has to be self created.

Then I have thought of tech consulting and social media consulting. (An Online Social Media Instructor, Not Your Usual Yoga Guru)
NASDAQImage via WikipediaThere are more than a dozen coders in India on stand by for me as we speak. I find them projects, they get working, I pay them their hourly rate, take my cut, and we all end up happy: that has been the idea. (Becoming Whole With The Mobile Web)

I just talked to the guy in Kerala last night, and to the dude in Pittsburgh today.

I was going to doodle along for a year like that, doing a few things, but not really doing much, learn some Scala along the way, (Al Wenger Wants To Learn Scala) and get into the mobile web upon getting my green card. I have a mobile app in mind that would grow from the small screen to the big screen.


I have had people ask me if I might have run for president if I had been born in the US. First of all, people, I am utmost flattered. But that question is too theoretical. That is like asking what would life be like if earth had moon's kind of gravity. The mental exercise is not worth it. Microfinance fascinates me, the affordable housing issue in NYC does not.
Groupon logo.Image via WikipediaThere are a few things I wanted to do in tech, but then I will keep my serial entrepreneur options open, and perhaps I will get to invest in ideas that I might not get to bring to fruition myself.

Large scale group dynamics is my thing. I am really, really good at it. (Iran) Even when I have expressed Nasdaq headed tech company ambitions, I have thought more in terms having money to pour into microfinance, and less in terms of private jets. But why take that long route? Why not go straight into microfinance? There is no limit to how much money you can raise if you do it right. This is potentially a market in the trillions of dollars.

But make no mistake, the tech part of this startup is central to what it is going to be. This is first and foremost a tech startup. The concept feels like having your cake and eating it too.

This is one brave new century.

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Eduardo Saverin: Roommate Does Not Mean Best Friend

Image representing Mark Zuckerberg as depicted...Image via CrunchBase
Mashable: The Other Facebook Co-founder Speaks Out: Instead of moving out with Zuckerberg to Palo Alto to grow the company though, he decided to work as a finance intern and the two began to have major conflicts over the direction of Facebook. Eventually the company was restructured, leaving Saverin out in the cold. His co-founder title was stripped and his share of Facebook reportedly dropped from 30% to less than 5%, for which he sued Facebook in 2009..... making his net worth somewhere in the range of $1.1 billion to $1.3 billion.... Even his Facebook page is bare; it only has two posts. All it says is that he’s a “technology entrepreneur and investor.”
I don't believe companies have co-founders. It is rare for a company to have a co-founder. The title co-founder denotes equal status, and that almost never happens. Paul Allen was not a Microsoft co-founder. Bill Gates was the founder, the indispensable person, the person who saw where the company might be in 20 years. Bob Miner was not an Oracle co-founder. Larry Ellison was the founder. Bob Miner never was able to make peace with the fact that at some point his net worth surpassed a million dollars. That was not a co-founder.

The big bang of Oracle happened with Larry Ellison and Bob Miner happened to be nearby. Paul Allen happened to be nearby. The big bang of Facebook happened with Mark Zuckerberg. Saverin was not a best friend, not even a friend. Saverin was roommate. He happened to be in geographical proximity. He is the accidental billionaire. The guy did not get the idea. And by that I don't mean to suggest the idea of Facebook did not originate with him. What I mean to suggest is the guy did not "get" it. He never got it, until he realized Facebook was getting really big, and so he sued. His billion should go straight to charity.

The two idiot twins should not have received any money. The justice system is flawed that they ended up with any money.

To some extent Paul Allen was there, he was number two. Bob Miner was with Oracle for years. He did work. These Facebook drama clowns did nothing. The twins were rowing the boat. Saverin had all the wrong ideas about where Facebook needed to go. The guy, if anything, was not even a non founder, he was an anti-founder. If o-n-e of his ideas had been incorporated, Facebook was gone down the tube.

I want the money back.

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