Want a break from tech?
Take a journey with me as I learn to take insanely great pictures.
Are you a founder who likes to travel?
Check out FoundersCard to get airfare discounts on VirginAtlantic, JetBlue, British Airways, American Airlines, Qantas, Cathay & lots of other perks.
If I weren't so passionate about the ways that mobile devices are changing the world, I'd be spending my time in one of the following three areas: Crypto currencies like Bitcoin, the commercialization of drones, and the rise of 3D printing.
Oh, time is so our enemy. Even a long-lived life only amounts to 750,000 hours or so. And as per my recent keynote at the 2013 Mobile Outlook on a "Framework for Stupid Ideas," one of my guiding principles is to "focus on focus" to maximize the value of each of those hours. Since mobile is my deepest passion, I'm not willing to dedicate the time to dive into any of these other things.
Another of my framework points is to play in a "space that matters." And these three spaces really, really matter -- that much will be obvious to everyone in the span of a few years. So I'm hoping that some other entrepreneur will be as passionate about one of these three spaces as I am about mobile. I figured I'd present a few highlights from each of them to showcase why they're such a big deal.
The crowd in 2005 vs. 2013 when the new pope was announced.
Yeah, mobile is totally just a fad.
Today at the Mobile Marketing Association's NYC Forum, the CMO of The Home Depot, Trish Mueller, gave a gangbusters presentation on the impact mobile has had to her company.
As she was showing off what The Home Depot's mobile app can do, she mentioned that users of the app can literally place a physical bolt onto the screen of an app to correctly size the bolt, making it easier to find the bolt in the store:
You can find more fascinating stats from Trish's presentation below, but to zoom out and be more macro for a bit: The app's bolt functionality is an awesome example of something that my co-founder Isaac and I have been discussing a lot recently:
That's Barg wearing Google Glass above and also below
A DC-based startup called dSky9 is creating some super interesting apps for Google Glass. At yesterday's Mobile Outlook 2013 event, the founders Barg & Greg showed off a Glass Simulator they've created to develop apps for Google Glass.
A few interesting things about Glass:
Paul Sherman, the editor of Pototmac Tech Wire, puts on an awesome Mobile Outlook panel every year. I participated in 2010 and 2011 and again this year at USA Today's Gannett HQ in McLean, VA. It's funny to go back and watch the older panels when we asked for a show of hands -- back then, everyone was using Blackberry phones and only a few early adopters had Android phones. Oh, how quickly things change -- at this year's panel the ratio was reversed. And interestingly, nobody was using a WindowsPhone device.
As I get into angel investing, I'm creating a framework with which to evaluate potential opportunities, which I presented as a keynote at the event. My main message: Find the good ideas that are masquerading as bad ideas -- therein lie the billion dollar exits. This is a tip I picked up from Paul Graham's excellent Black Swan Farming essay. Here's a Venn diagram of what these "good ideas in hiding" look like:
This is super counter-intuitive, because we all tend to look for the good ideas, both as entrepreneurs and as investors. In the slides below, you'll see that the framework I'm developing focuses on teams that can prototype & iterate quickly, are doing something in a meaningfully large market, and can "dump the poop," or pivot quickly when it turns out that a bad idea is actually just that: A bad idea, and not a good idea in hiding.
Priceonomics just posted a fascinating story mulling over the future of journalism. Here's one eye opening stat from the story:
Wow -- that's shrinkage of over 30% in less than a decade.
But the most interesting part of the post was a thought experiment that Rohin Dhar did -- an interesting twist on the business models for journalism, which was this: Instead of paying for what's already been written, what if we paid to influence what's written next?
Jazz Tigan, the creator of Hugalopes (a "fuzzy Mr. Potato Head" plush toy) and I sat down to discuss entrepreneurism, knowledge sharing, hyper efficiency on a computer, the Socialize acquisition and many other topics in this wide ranging chat.
But the most incredible moment of our talk happened in the last 10 minutes.
In fact, it's so significant that I created a separate sub-video below to capture this moment.
Here's the back-story:
I just got off a Skype video chat with Eric Wilker, who is an Executive MBA student at USC in addition to being SVP of Business Planning & Operations at Warner Bros. He had to interview an entrepreneur as a part of his class and asked me if I'd be game. I said sure, so long as I could capture the session on video and share it with you. We discussed a wide range of topics, including:
Here's the video of our chat about being an entrepreneur:
This week, Facebook Home, an Android app that will change a user’s phone home screen and core features, will make its consumer debut.
Facebook's Home initiative is the latest salvo in the mobile engagement battle, which has been looming since the introduction of the iPhone in 2007, although most are just becoming aware of it now. In fact, the 'engagement crush' is just beginning and will get much worse in the next few years.
This issue is so significant that CEOs and CMOs of Fortune 500 companies are going to find their jobs in jeopardy if they don't take immediate and decisive action to launch a meaningful mobile strategy for their companies. Many companies mistakenly think their businesses do not have anything to do with mobile, but that's incorrect: Mobile devices like smartphones and tablets are the way consumers and businesses will interact with brands and each other. This means that every business needs to have a coherent mobile strategy that at its core considers how its customer base will want to interact with it using mobile devices.
I'm traveling in Barcelona, Spain this week, and Hertz gave me the best upsell ever: A 4G MiFi for 8 euros per day.
The last time I traveled internationally just three years ago, these didn't exist. Now, this little device, which I rely on at home, has made all the difference traveling internationally.
This wonder combo has allowed me: