Sunday, March 06, 2011

GroupOn Did Not Launch At South By South West

Ashton Kutcher at Time 100 GalaImage via WikipediaGroupOn has grown like crazy. But it was not launched at South By South West. And I have an observation to make.

GroupOn has this very clear offline component to it. It has hired thousands of sales people. And its customer base is your very average person, the Walmart types. They want to save money. They want to save money on haircuts.

That is why you do not hear GroupOn and South By South West in one sentence. I never have. Because GroupOn's early adopters were not the kind of people who end up at South By South West.

Overall I feel good about South By South West. But I also have a word of caution for the crowd. You don't want to end up in some kind of an echo chamber where you are only hearing each other. It is possible to collect too many business cards. What are you going to do with them? Networking is a good thing overall, but too many business cards can also mean a lack of focus.

Like the Kayak.com CEO likes to say, I don't go to events.

A Life Of Poverty

Two Sadhus, or Hindu Holy Men, near Pashupatin...Image via WikipediaI have had my double cheese burger super sized. It was like a six month disappearance - they had Wael Ghonim disappear for 12 days in Egypt, they had me disappear for six months in America, cost me two major victory parties, I guess it is a bigger deal to put a black man into a White (WHITE) House than it is to kick an Arab out - plus the Great Recession - all my investors walked away - plus the Great Immigration Humiliation. But I have not so much as flinched.