Friday, April 30, 2010
Dropio's Indian Cofounder Darshan
Me: I just found out you cofounded Dropio http://en.wikipedia.org/wiki/Drop.io Why did you leave?
Darshan: yup! helped build out the tech team there, and then hopped to a startup i began in high school - http://bit.ly/4DLylg
In case you did not realize, the Indians are statistically significant.
Darshan Somashekar - LinkedIn
Video Interview With The Founders of Drop.io
somashekar.com
Darshan Somashekar| Facebook
Darshan Somashekar| Guest of a Guest
Darshan Somashekar (darshan) on Twitter
Darshan Somashekar| CrunchBase Profile
Darshan Somashekar, Associate Consultant, Bain Company, Boston..
Darshan Somashekar's Profile - Indaba Music
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Thursday, April 29, 2010
The FourSquare Appeal For Me
(1) Cutting Edge
FourSquare is on the cutting edge. (Fractals: Apple, Windows 95, Netscape, Google, Facebook, Twitter) I would add FourSquare at the end if I were doing this blog post today.
2010: Location, Random Connections, The Inbox, Frictionless Payments
(2) New York City
I love this city like no other geographical location on earth. FourSquare is the hottest technology company in town, and it is one of the hottest tech companies out there, period. They are a hometown gig. That is illustrious. I take unabashed hometown pride in FourSquare.
Silicon Valley Vs. New York City
Dennis, Fred, Scott: Tweet Boom Tweet Boom
Silicon City
New York City: Transformed Forever?
(3) Mobile
The mobile web is bigger and growing faster than the old web. There location is key. Location is the starting point of the FourSquare experience, and that is so in sync with the mobile web.
The iPhone, Nexus One, Or Droid?
(4) My People
This is key. I am a Third World guy. This is existential to me. This is spiritual. This is religious. This is fundamental. I was born in India, grew up in Nepal next door. I was in my 20s when I landed in America. I have to move towards one world. The First World, Third World dichotomy is a little too much for me. It makes me uncomfortable. My startup that I have put to rest after a rough 2009 wanted to bring a ton of new people online. But I perhaps made the mistake of thinking in terms of the old web. Mobile is perhaps the way to go. Four billion of the six billion plus people already can access mobile phones. And so perhaps software is where it is at. How simple can you make it? If they can do voice over their mobile phones, could they do a mightily stripped down version of FourSquare? Before, way before, a full web experience? Could they check in as a way to protest and tell the world that they are protesting? Checking in even the illiterates could do.
This is the number one reason I want to work for FourSquare: 4:16 PM @ FourSquare.
FourSquare Must Cut A Deal With Yahoo
Digital Dumbo: Here I Come
FourSquare Office, Dropio Technology
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Reshma Saujani: Innovation, Ethnic Pride, Thought Leadership
Start-Up NY: Innovation and Technology Startups in New YorkReshma Saujani: Innovation, Ethnic Pride, Thought Leadership
Reshma Saujani's Innovation Advisory Board is hosting an event on the evening of May 3rd called "Start-up NY: Innovation and Technology Startups in New York".
Moderated by prominent tech blogger Meghan Asha, Saujani has gathered six panelists with backgrounds in venture capital, education, politics, entrepreneurship and social networking to discuss technology and innovation in New York City.
Panelists include:
Albert Wenger, Managing Partner, Union Square Ventures (The event is near Union Square)
Dina Kaplan, Co-founder, Blip.tv
Evan Korth, Clinical Associate Professor, NYU; Organizer, NY Hackathon
Franklin Madison,Technology Program Director, ITAC (Industrial and Technology Assistance Corporation)
Nate Westheimer, Executive Director, NY Tech Meetup; Co-founder, AnyClip
Reshma Saujani, Community Activist and Democratic Congressional Candidate, NY District 14
A question and answer session will follow. The event will be broadcast live at Livestream.com and recorded for a broader audience.
Reinforcing Saujani’s commitment to entrepreneurship, economic diversity and innovation in New York, the “Startup” summit is the first in a series of ideation panels. In the coming months, additional summits will focus on cleantech, biotech and public-private partnerships.
We hope you can join us for the event.
WHEN
May 03, 2010 at 6:00 PM
WHERE
833 Broadway
3rd Floor
New York, NY 10003
Google map and directions
FourSquare Must Cut A Deal With Yahoo
Carol Bartz wanting to buy Yahoo is no longer a rumor, this TechCrunch post makes it more than official.
TechCrunch: Yahoo CEO Carol Bartz On Foursquare: It Depends On How Much Money They Want The topic on everyone’s lips was Yahoo’s rumored talks with Foursquare ..... Bartz’s response: “It depends how much money they want.”Selling FourSquare would be a mistake, a huge mistake, a fatal mistake, taking $10 million at a $80 million valuation from a VC firm would be a good move, but the best move at this point would be to take $10 million from Yahoo upfront and then $10 million annually thereafter to be reevaluated in two years to add location to as many Yahoo properties as possible. Just like Twitter took $25 million each from Google and Microsoft to let them offer tweets as search results so as to be able to claim they also now do real time search, FourSquare should also make money by letting Yahoo be able to say Yahoo now does location in a big way.
Take $10 million right away, and then another $10 million for the first year, and turn the various Yahoo properties into a major project. Expand the team. Get a new office space. I recommend Dumbo. (Digital Dumbo: Here I Come) If not Dumbo, then Williamsburg. Actually, Williamsburg would be far better. Cooper Union is too cooper.
If FourSquare can cut a deal like this with Yahoo, it can cut a deal like this with many other major web properties. It could fund its growth with all that money. You go to VCs, you get diluted. You make money like this, you don't get diluted.
Hire me to work through some of these deals: 4:16 PM @ FourSquare.
Yahoo would be a great first customer for FourSquare. You have to understand, Yahoo used to be Google, it was hot. It was so hot, selling to Yahoo was the first exit strategy the two Google founders thought of. It was Yahoo that refused. We already have a search engine, they said. Over the past decade Yahoo has tried to regain some of that lost glory. In FourSquare they see a chance of that happening. Yahoo mistakenly thinks buying FourSquare will do it for them. It won't. Instead if they cut a deal with FourSquare, that will cost them much less money, as less as one fifth, and could actually do the trick of making Yahoo a hip company all over again.
Yahoo is going through an identity crisis of sorts, and cutting a sound deal with FourSquare might just be that thing it needs.
FourSquare needs the money to grow. Yahoo needs location. Cut the deal. How will FourSquare add location to the Yahoo properties? That is a whole another blog post, or preferably a job.
TechCrunch: Don't Sell Out FourSquare. Not Now. Not To Yahoo
Business Insider: Yahoo Considers Buying FourSquare For $100 Million
The Fabulous Life Of Dennis Crowley, The Most Wanted Man In Silicon Valley
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Wednesday, April 28, 2010
Manhattan?
"Where do you live?"
What do you do? Where do you live? When you go to an event, those are some of the first questions people who don't know you ask you. They can be nice ice breaker questions. They open up the conversation.
Where do you live? That can also be a question asked by someone who really prides himself/herself in knowing the names of many different neighborhoods in the city. When I was new in the city, I did not realize that. I'd say I live in the city. Then I started saying I live in Brooklyn. People would say, where in Brooklyn? I'd say near Prospect Park. And people would get impressed. Wow, we have a Park Slope dude over here. I did not live west of the park, but south.
Cultural diversity is my favorite thing about this city. People from every little town on earth live here. How do I know that? People from every little town in Nepal live here. I know that. And Nepal is the poorest country on earth outside of Africa. So I am extrapolating that. People from every little town from every country must live here. I think that is true.
I had a whole bunch of audio cassettes of Hindi music with me when I came to America late in 1996. My next door neighbor in college - Luke Payne - once asked me, "Can I ask you something? Why do you listen to the same song again and again?" And the dude was a music major.
Do all Chinese faces look the same to you? Then you must not be Chinese.
You have to have my global perspectives to see the texture of Queens. Black might be a race, but brown is not a race. It is not even a race.
When I was living in Brooklyn, I was living in Little Bangladesh. When I went grocery shopping, people would start talking to me in Bengali, which I understand a big chunk of, but can't speak back. They just assumed I was Bengali.
"Are you from India?" I have never replied to that question with a no anywhere in the US. I am half Indian, I was born in India. Wtf! It is just that I grew up in Nepal.
But in the "heartland," when you get asked that question, there is usually a follow up question.
"Are you a Patel?'
"No, I'm not."
"Are you a doctor?"
"No, I'm not, but I am very smart."
No, thank you. There is no town in America that does not have at least one Indian doctor. And Patels own motels all over the place. I once saw a huge billboard by the interstate highway in Tennessee: "Motel, run by Americans!" That does not happen all that often. My people pretty much have the motel business covered.
Where do you live?
That is sometimes a class question. Are you rich enough to live in Manhattan? Or do you live in the outer boroughs?
I have a healthy feeling about money, but money does not even begin to grasp the cultural diversity of New York City, and there Queens rules. New York City is the Amazon forest of humanity, and Queens is a big part of it.
The Dying Languages, In New York New York Times The chances of overhearing a conversation in Vlashki, a variant of Istro-Romanian, are greater in Queens than in the remote mountain villages in Croatia that immigrants now living in New York left years ago....... the languages that make New York the most linguistically diverse city in the world. ..... languages born in every corner of the globe and now more commonly heard in various corners of New York than anywhere else. ...... New York is home to as many as 800 languages — far more than the 176 spoken by students in the city’s public schools or the 138 that residents of Queens, New York’s most diverse borough, listed on their 2000 census forms.
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Digital Dumbo: Here I Come
Dumbo. Directly under the Manhattan Brooklyn overpass. At first I did not know the full form name. But it was a great sound, like Yahoo, or Google, supposedly meaningless, but a great sounding name. I thought some of the techies in town came over to this semi vacated part of the city, drove away the rest of the inhabitants, mostly homeless people, and took over. That is what Dumbo feels like.
Dumbo is special in the NY tech ecosystem. I am not aware of another geographical locale quite like it. There are some very cool office spaces around town, some of which look like abandoned artist spaces. But Dumbo is the only place that is not one office, or even one street, but an entire neighborhood, although it is not that big of a neighborhood.
Ignite, Set It On Fire
Come to think of it I lived in Brooklyn for my first few years in the city. I lived south of Prospect Park. That is quite a distance from Dumbo. But a few times I walked from Times Square to where I lived. I'd start out around midnight, and be home by dawn. That is a great way to experience summer in town. It is much better than throwing up on a subway platform or inside the train: I have done both. And no, I was not drunk during those walks. The truth is I am not much of a drinker. One beer for one evening is as far as I prefer to go. Like last night, the MeetUp people had an entire refrigerator bulging with free beer - free for us, a bunch of money for them, but hey, they are a profit making dot com, who cares; yes they exist, profit making dot coms - but I took just one. (FourSquare Office, Dropio Technology)
A few days back I had an email from the First Round Capital guy Charlie; I am on his mailing list for cool tech events in town. Two events for the week looked at me. Sam Lessin was speaking at the MeetUp headquarters on Tuesday, and it was a MeetUp that sounded really, really cool, but I had never heard of. And there was this Digital Dumbo thing for Thursday that looked so great and fun, but there were no spots left. I shot a quick email to Sam. Can you get me in? Since it was taking place at the Dropio office.
Thursday, April 29thWhen I brought that up with Jacob, the other Dropio speaker at the MeetUp, he taught me the secret way to get into the Dropio office. He casually mentioned it was like a cocktail for people who worked in Dumbo. I tried to unlearn the secret way and said, "In that case I will not come. I don't work in Dumbo." Hacking a site is one thing. But hacking a site's office, um, wait, I don't even hack sites. But thanks, Jake.
7:30PM Digital DUMBO #15 Drop.io On In
While our application lives in the 'clouds', we set up people-world headquarters in DUMBO in ye-olden-days of 2008. Now in the spring of 2010 we are prepping to roll out the next generation of rich media file-sharing... Join us to celebrate
RSVP: http://digitaldumbo.eventbrite.com/
Drip.io HQ
68 Jay St #413
btw Water & Front
Brooklyn, NY 11201
Date: April 29th, 2010
Time: 7:30 - 10pm
Social Media Week: The Best NY Tech MeetUp Ever
Charlie has blocked me from leaving comments at his blog. I retaliated by hyperlinking his name Charlie to the most famous Charlie video on YouTube: 2010: Location, Random Connections, The Inbox, Frictionless Payments. Charlie bit my finger, Charlie blocked me on his blog.
And today I have a Facebook email from none other than the guy who runs the show, the organizer of Digital Dumbo. How cool is that? And the guy read about my interest in Digital Dumbo at my blog. That is even cooler. People who read my blog are, by definition, cool. Andrew Zarick is now officially cool.
Not having read up on it, not having been to one event yet, this is what I have to say about Digital Dumbo. Everyone who works at any tech company in Dumbo should be able to attend. Heck, everyone who works for any tech company anywhere in the city should be able to attend. I guess what I am saying is turn Digital Dumbo into a block party in Dumbo. May would be a great month to start in that direction.
Digital Dumbo Block Party. Get the city involved. You want jobs? Buy me beer.
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The Jack Dorsey Story
I came across this post on TechCrunch linked to from Fred Wilson's blog. It is really something. Jack (@jack) is the guy who invented Twitter. The first tweet is like the first phone call. The post is worth the read.
- The guy is from the Midwest. He grew up in St. Louis. A guy who went to the same high school as me in Kathmandu and the same college in Kentucky lives there now.
- He started out at Missouri State.
- He taught himself programming early.
- He has a thing for New York.
".....One night, I couldn’t sleep, I just had to write a prototype script. It would sit on a server, take incoming emails, broadcast them out to a list, and also record them in a database that I could view on the Web.” That was the first glimmer of Twitter......But for a variety of reasons, dNET did not get traction in the market, and so Jack embarked on a period of freelance programming before joining a podcasting start-up called Odeo, primarily to work with Evan (a.k.a. @ev) Williams, formerly of Google....... The very first tweet was an internal one that Jack sent out at 12:50 p.m. on March 21, 2006: “just setting up my twttr.” A few minutes later, he tweeted innocuously: “inviting coworkers.” This was the beginning of the Twitter revolution....... Jack and his colleagues lugged big plasma screens across the country and set them up in the hallways of the conference to display the live Twitter chatter about the conference sessions in action, one at the registration desk and one at the exit from the main conference room.......“We were really good at getting the right friends in. We had a lot of high-powered, vocal bloggers using Twitter at South by Southwest. They were talking about it non-stop at the conference. And the press happened to be watching, too. And it just blew up.”....... I was really surprised by the velocity.....“We weren’t really ready to take money right away, but we got a note from someone. We went to meet them for breakfast at the top of this hotel in San Francisco and had a pretty good conversation. We were still kind of forming the company and whatnot. When we got back to the office thirty minutes later, we found a scanned image of a check for half a million dollars in our inbox.”.......It was not where he comes from, but ‘Is this guy fun to work with? Is he going to challenge us? Is he smart?’ This person was going to take a seat on the board.”.......Fred Wilson says he likes to think of himself as the entrepreneur’s consigliere..... The beauty of being a venture capitalist is we’ve seen all these issues a lot of times......... “Fred had our phone on priority dial, so he could reach us at any time.......He is very engaged and whenever we need something, we call him up. He is excited to do anything for us.” Jack points out that Fred isn’t just focused on big-picture strategy, but also on the nitty-gritty features of Twitter as an avid user. “We listen to what he thinks and what he needs from the product,” says Jack. “And that has been a great way to get into the relationship and for both of us to trust each other more. As we worked on the product together, we began to learn, ‘Oh, this is how Fred is, and this is how Jack is.’ We began to learn each other’s faults. And that couldn’t really happen any other way.”........ I want a VC who is always thinking a few steps ahead of me....... “We had a lot of conversations with people down in the Valley,” Jack said. “At the end of the pitch, the person across the table would say, ‘Well, we’ll let you know fairly soon, like in an hour or so. We just want to talk internally, but we’re really excited.’ We didn’t react well to that. We wanted to be questioned, we wanted to be challenged, and we wanted to see some of their thinking around actually developing this product.”....... Jack found more of those challenging VCs on the East Coast than on the West Coast. “I think it was just an attitude thing,” he said. “I found the East Coast to be a little bit more aggressive. They say what they mean in the hopes of just moving on right away. On the West Coast, people were a little bit more laid back. If they thought we were going down the wrong path, they wouldn’t necessarily say it, but they might make it known in an indirect way. I just didn’t appreciate that at all.”........“We turned down a bunch of VCs,” Jack said. “We saw a name, but there wasn’t enough behind the name immediately. A VC has to show me right away that I can trust them. It’s hard to do. But when it’s right, it’s right. And we were very fortunate in it being right with Fred. He was very aggressive, in a good way, in a thinking way. He had no subtlety at all. But more importantly, he was a day-to-day user of our service and he obviously loved it. He came to the pitch with a bunch of requests for features and lots of questions about why we had done what we had done........ During their courting period, Fred showed Jack he could provide more than just money; he could contribute to the product’s vision and direction to help lead the company to success. If your VC doesn’t show you that passion for your product and your own personal success, as well as an ability to add value during the due diligence process through their strategic or product insight, then he and his firm may not be the right business partner for you. As Dorsey put it to me, “When selecting our VC partner, I knew I was hiring a boss I couldn’t fire.”....... The entrepreneur is your client. It’s a very weird relationship because the entrepreneur is not exactly paying you, even though they really are paying you. But they absolutely can’t fire you. In fact, you can fire them. So it’s among the weirdest kinds of service relationships that one could come up with.”.......the best entrepreneurs don’t focus on the money, they focus on their dream for the business......Are you done? If you are, then exit. If you’re not, keep going for it.”...."
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