November 02, 2012
Crowdfunding: A Conflict for VCs or a Path to Economic Recovery?
I attended an event on crowdfunding recently. Entrepreneurs are dabbling in anything and everything "crowd" lately - from attracting vendor and engineering talent to volunteers and now, funding. I've had friends test out Kickstarter which is an interesting model if you don't need a lot of cash to jumpstart your project.
It's easier to get low-level investors on board since the commitment on the part of the 'investor' is minimal (mostly zero) and there's a reward kick back. I've contributed as little as $5-50 to a Kickstarter project and did it because it was a cool idea and just wanted to help. You'd need a helluva lot of "me's" to make it worthwhile at that level but there are others who will invest $100, $1K or $10K into the pool depending in their interest and wallet size.
Other reward based crowdfunding platforms include IndieGoGo and RocketHub, all of which are operating in the new paradigm without a lot of rules and regulations, aka pre the implementation of the 506c Act.
In a conversation on crowdfunding and alternative funding for start-ups, below are two videos (Part I and Part II) that discuss the pros and cons. Note that it IS a VERY Silicon Valley viewpoint and I haven't met a whole lotta venture capitalists from major firms who want to deal with the aftermath of early investors no longer being one or two angels but being 25 random no-names instead. There are complications AND implications.
On the panel included Gerd Goete, Siemens Venture Capital, Partner, Don Ross, HealthTech Capital, Managing Director and Founder, Sand Hill Angels, Board Director and Life Science Angels, Member Carol Sands, The Angels' Forum, Managing Member, Graham Burnette, SBV Capital Partners and Red Planet Capital, General Partner and Royse Law's Roger Royse.
I didn't get the sense that VCs (or at least traditional VCs) would be in full support of coming in after crowdfunders, largely because of what's involved: complicated, too many heads at the table, dillution and more. Silicon Valley focused, their mantra was more around the traditional tools that make a startup successful in the long term: domain expertise, access to the right people, advice and coaching and the amount of due diligence that goes into a deal.
There's no question that access to the right people and being 'aligned' with the right people accelerate deal flow and increase the likelihood of a successful exit. If you're Kleiner backed, your chances of success go up regardless of what kind of "useless" app you have.
There are the notorious three risks, which include:
1. Technology Risk - do you have a kick-ass technology? (my words, not theirs?). Can it do what it says it will do? Will it live up to the promise?
2. Market Risk - is there a big enough market for your products?
3. Expansion Risk - this comes into play as you start to scale. Can you make a big enough return that is attractive for YOU and for them? (aka, your investors)
Their argument was that dozens or possibly hundreds of 'crowdsourced' investors can't help with 1, 2 or 3. That said, my argument would be that there are a ton of businesses who don't need to go through the traditional Silicon Valley funding route and while crowdfunding may not give them millions, they still may be able to find advisors for a point or two who can leapfrog them into the right 'tribe' so they can be successful without giving away the store to a traditional VC firm.
It is indeed an alternative and some business models and businesses will work and some won't.
Points for considration include: public solicitations and use of social media, advertising terms of offer being restricted to the fact that the issuer can only direct investors to a broker/funding portal, the additional costs invovled with disclosure and reporting, use of an intermediary, risk of fraud (goes up as this model expands), and the point that the VCs and angels on the panel referenced again and again: the high number of unsophisticated investors (which leads to fiduciary duties to all investors and as our Silicon Valley finance pals pointed out, all of "it" a concern for VCs for future fundraising rounds).
We learned a bit more about new guidelines under the proposed 506 regulations.
For example, it would allow for public advertising and general solicitation in Rule 506 offerings, provided that the issuer takes reasonable steps to verify that potential investors are accredited, and all investors are accredited (or the issuer reasonably believes they are) at the time of the sale of securities.
This results in all sorts of issues we haven't faced before under traditional models, including the nature and terms of the offering which are unique. Is it a low verus high investment? What are the terms? Who has a voice and doesn't? And of course bearing in mind that there will be more steps needed to verify 'accredited' status.
Proposed crowdfunding regulations are slated to be released in January 2013. Videos below in Part I and 2 of the panel (roughly 20 minutes for each video - feel free to view the whole thing or catch snippets in stages to get an overview).
The event was part of iHollywood Forum, and their new brand Angel Launch, which produces dinners, venture forums, and seminars for entertainment, Web, Internet, mobile and tech ventures and startups.
Also refer to a Forbes article on crowdfunding where they also talk about the above legislation and a bill that had full bipartisan support this year called JOBS (Jumpstart Our Business Startups) Act, which is a series of 6 bills tied together designed to make it easier for startups to gain access to capital.
Photo credit: Forbes.
October 08, 2012
Don't Die a Slow Death in a Mountain of Business Cards: Try inTooch!
When I learn about new products or services, these are my two go to questions: would I use this today and does this solve a real problem that I've had for awhile?
When inTooch co-founder and CEO Julien Salanon gave me his pitch and suggested we work together, I was at first skeptical about their promise: to eliminate the business card problem.
While it's too early to tell since there are so many variables in this business not to mention human behavior, as a fellow entrepreneur, I couldn't help but be intrigued by his idea. And besides, Julien has one of those personalities that is impossible not to like.
He shared a story with me as we sipped tea at one of my favorite haunts in San Francisco's SOMA. Nearly ten years ago, he was at an important conference and forgot his business cards and a result, important connections were lost.
Over the last decade, he said that he tried several apps to solve this business-card issue, but none of them worked. They still don't. Don't even get me started with BUMP btw, an app that peer pressure forced me to download yet it only worked one out of ten times I tried it. And, frankly, the whole concept of crashing two phones together doesn't quite gel with me.
Julien said, "whenever I didn't have a business card or they didn't, I ended up calling the other person to leave my mobile number. And, that’s when I got the idea to enhance those natural connections with inTooch.”
While I may not call every person I meet at a conference, when I do meet someone I want to stay in touch with and we don't have a pen or card, what happens? They call me so the number is saved in my phone. What I don't have in that scenario of course is their name or email automatically, but it's a process that works in a pinch.
inTooch takes it a step further allowing you to email or call them on the fly which automatically sends a link: this link is the conduit which allows that exchange of information to happen. The beautiful part about the app and why it stands a strong chance of taking off, is that both parties don't need to have the app to work.
Intrigued that perhaps I'd soon have a client with a product I'd ACTUALLY USE, I decided to be the evil dragonness to avoid any surprises later on, so I started drilling him with questions.
What about categorization I asked? Not in the first version he said, but it's coming. What about social networks? Built in he said. What about privacy and personalization? Built in he said. Hmm, I wanted categories of course given that I have nearly 100,000 contacts in my database, but also realize that I'm not your average Nelly when it comes to contact management.
As my friend Steve said, "you're not normal, you're in the business of needing to mate with the world. In fact, you love to mate with the world." I had to laugh. He's right. I love meeting people and no one seems to come home from an event with more business cards than I do.
AND, he said, the ability to add contacts to categories is coming. They already have the ability to separate personal and business contacts.
I'm a realist. Anyone who works with early start-ups needs to be a realist. Rome wasn't build in a day and most apps when they first go to market don't have every single detail or feature you want built in in their first version. As long as the team has it on the roadmap or thinking about it, it's good enough to give it a shot. If we didn't trust that process, real innovation wouldn't happen and we wouldn't be where we are today.
Unlike so many social apps that are Web 2.0 features rather than solutions to problems, I thought to myself, "inTooch would actually take care of a huge pain point in my life."
And so, we embarked on a journey in early September. Forward wind the clock. Julien took People's Choice Award at GigaOm's Mobilize in mid-September when he pitched a panel of VCs on stage.
Then, he officially launched inTooch on the DEMO Stage on October 3 with Dave Mathews in an amusing skit that included the duo tossing 2,000 business cards into the DEMO audience as they shouted FREEDOM, FREEDOM, FREEDOM.
At one point, I thought Julien might start dancing when the music came on. OR, maybe it was one of those Halleluja moments.
Consider this: did you realize that of all the people you meet at a conference or even in a personal situation, you won't stay in touch with 85% of them? Without sounding too trite - inTooch to the rescue.
Trust me, I want to be rescued and I think most of us do. I can't keep up with the volume of contacts and there are always people to want to follow up with and just don't have the time. There are also people's contact information I'm trying to locate months later and realized I didn't have time to enter their data.
There are 4 cool features I personally love about the app:
1. The Mobile Geo-Location Piece: since I travel a lot, I often think about people (and their faces) based on 'where' I met them. Oh yeah, that was John who I met at this festival in Louisville Kentucky, or that was Jeannie something and we hung out at CES in Las Vegas. Using geo-tagging, inTooch lets you search for people by location and their photo appears as well to jog your memory. Sweet!
2. Seamless/Fast: additionally, if I don't want to call the person or they don't want me to, I can shoot them an email and the inTooch connector still works. The other cool thing is that both parties don't need the app for the exchange to happen. Obviously the process is even faster if both people DO have the app, so I'd encourage everyone to download the app. Let the seamless exchange of data begin!
3. Social Network Exchange. So many people I meet under the age of 30 either don't have a business card (even in a business setting), give me their Twitter handle or say connect with me on Facebook. (as if I'm going to remember their name or handle the next day or a week later when I'm back home).
I'm always amazed that they think I'll take the time to jot down their data with a visual queue of our conversation. It's too much work. What's great about inTooch is that you can opt to include the exchange of your social network information as well. It currently supports LinkedIn, Facebook and Twitter.
I've known Chris Taylor from Mashable for years and for some odd reason, didn't know he was @FutureBoy on Twitter. Ever try to Google a "common name's" Twitter handle and not get so frustrated by the fifth click that you finally give up? Don't get me started on the poor search functionality within Twitter itself although I know they're improving it all the time.
4. Augmented Reality: for personal encounters, inTooch brings augmented reality to your connections, alerting you to all the things you have in common with another person (friends, places you visited, music, movies you like, social network info, check-ins, interests you share) so you can instantly engage in mutually interesting conversations.
Bottom line, it's been a fun ride so far and we're only a month into it. Free to use, the app is available now for iPhone (except iOS6) and alive and ticking for the Android as well.
Support for iOS6, other platforms and mobile devices are also coming later this year.
So, give it a try. Don't die a slow death in a mountain of business cards like poor Matt Marshall here! Everyone has their limits.
Below is a video shot by Jean Baptiste Su of their demo presentation.
October 8, 2012 in America The Free, Client Announcements, Client Media Kudos, Conference Highlights, Events, On Mobile & Wireless, On Social CRM, On Technology, Social Media, Videos, WBTW, Web 2.0 | Permalink | Comments (0) | TrackBack
October 03, 2012
With InTooch, Instantly Turn New Connections Into Relationships That Matter
For those of you who go to a lot of conferences and events like I do, collecting business cards, exchanging data and keeping in touch with people after the fact is a daunting task.
Sure, there are apps who have promised to faciliate the exchange of information in the past, but most require both people to have the app installed or the need to work in some unnatural and awkward way.
And, then there's card scanners. I've invested in three over the years and two of the three ended up in a yard sale not so long ago.
The other one I donated to Goodwill.
Bottom line, they're not accurate so you're stuck stuck fixing all the mistakes or retyping the contact info into your database for the second and third time.
I recently started working with a French-founded start-up called InTooch who is now based in Silicon Valley.
Selected to present their technological innovation with over 75 other companies on the DEMO Fall stage this week, their demo will be included in the social media category.
Did you realize that of all the people you meet at a conference or even in a personal situation, you won't stay in touch with 85% of them? InTooch aims to not just decrease that number but improve those relationships using their app.
The great thing about the product is that it's easy, it's fast and it's free. Instantly, the moment you meet, the InTooch social connector exchanges contact information and connects you on your preferred social networks on the fly.
While many apps have tried to solve the contact update and data overload problem, most require both people to have the app installed for it to work, or they involve connecting in an awkward way.
In doing research about how people around the world stay connected, they discovered that the majority call each other to exchange numbers in real time more than they connect on social networks and exchange a business cards. InTooch takes it a step further by allowing people to share more than just numbers in real time, including your social data.
How it Works:
Whenever you meet someone you want to stay in touch with, simply call their cell. The app detects that you have called someone for the first time and prompts you automatically to exchange your business or personal contact information.
Works on Any Receiving Device: you can send and receive new contact information regardless of what phone the other person has. If the other person doesn’t have InTooch, it simply sends a link and the rest is done seamlessly through their social connector technology.
Social Network Integration: In just one call, you can connect through LinkedIn, Facebook and Twitter. There’s no need to search for a contact in each social network nor to send invitations – connections are simply established on the fly.
No Need for Both Parties to Have the App: unlike so many solutions which require both parties to have the app installed to work, InTooch works regardless of whether the person you just met has it on their phone, making it the most natural, straight forward and easy way to share your personal or business details. Obviously if the other person has the app, exchanging data is even faster.
New Connection Highlights and Personal Match Score: For personal encounters, InTooch brings augmented reality to your connections, alerting you to all the things you have in common with another person (friends, places you visited, music, movies you like, social network info, check-ins, interests you share) so you can instantly engage in mutually interesting conversations.
It also provides a matching score based on an algorithm which calculates the probability of how well you should get along with that person.
Geo-Tagging of New Connections: since it’s much easier to remember where and when you met someone than his/her name, InTooch automatically tags the location of the initial connection, so you also can search for people by when and where you met them.
Privacy (Control What Data Your Share): InTooch respects your privacy, allowing you to customize what information you want to share and with whom.
InTooch is available for download at http://www.intooch.com and is free for users. Currently, InTooch works with both the Android and the iPhone (except for iOS6), with support for iOS6, other platforms and mobile devices coming later this year.
October 3, 2012 in America The Free, Client Announcements, Client Media Kudos, Conference Highlights, Events, On Mobile & Wireless, On Technology, Social Media, WBTW, Web 2.0 | Permalink | Comments (0) | TrackBack
September 20, 2012
Former Facebook's Kevin Colleran: Insider View Mixed with Humor
In Kentucky, that's not the case, nor is it the case in other parts of the world.
I was surprised I had not run into Boston-based Kevin Calleran, Facebook's 7th employee in my circles before now....now being this past week in of all places, Kentucky. That said, I met the CTO of the White House for the first time in Louisville at Idea's Festival annual event - same time, same place a year ago.
Kevin did a l'il history of Facebook to a less social media savvy crowd than he may be accustomed to in Silicon Valley or Boston. Most people in the room were Facebook users however, which was a mix of high school and college students, academics, innovators, technologists, researchers, artists and local business owners.
Kevin's a natural sales guy and no surprise that its his background and raison d'etre. He's a great storyteller and adds a lot of humor throughout his talk, all done in a very informal style. In the early days, he ran the East Coast office out of his New York City apartment for months before meeting Zuckerberg for the first time. He laughed as he shared stories of the first two years, most of which captured humorous early stage moments.
He moved onto memories....you know, the Facebook kind. Showing a video of a Facebook employee who captured every moment of his life in his timeline (from birth and graduation to marriage, his child being born and beyond, Kevin notes that his only recollection of his grandparents is the four black and white photos in his house.
While he's no longer officially at Facebook, he's certain still a positive spokesperson for the company. He says of Mark's vision: "Mark never wants 'that to ever happen again. Mark feels that every piece of our life should be chronicled."
He then went deeper into the company's history, what Facebook was and where it is today. A few of the latest stats according to Kevin's data:
- There are now 955 million active users
- Instagram just passed 100 million users
- 552 million daily active users on average
- 543 million monthly active users who used Facebook mobile products in June 2012
- Facebook is now translated into over 85 languages and has nearly 4,000 employees.
He also heavily encouraged hackathons and believes every company should do them. He says that some of the best products they have ever shipped have come from an all nighter coding event. In other words, "academics meet coder types all night long and great ideas have come out of it."
In addition to a trend of people moving to more of an 'asset-free life,' he shared some of the Emerging Themes are in technology:
- Rent or lease only: rather than own something, almost everthing is available to lease or rent, so there's a trend away from owning material things.
- The world is moving mobile. 31.5% of U.S. households are mobile only and users log on an average of 77 minutes per day using apps on their smartphone.
- 40% of Facebook's traffic is mobile-specific.
- Uber (see my review on Uber when it launched in Paris)
- Parking Panda (shows nearby parking garages and space availability)
- Lyft (ride-share program)
- Zip car (rent by the hour for when you need it)
- Airbnb (is doing a million room nights, people are renting out their homes while they're on the road)
- Spotify (there's no reason to own music anymore when you can pay $10 a month to have access to any music you want)
Distributed Workforce: (technology enabled entrepreneurship/self employment & task entrepreneurs)
- Task Rabbit (you can outsource work to people who can do a task for you within your zip code)
- Cherry (a new request a car wash app. The idea is that you park your car at work or home and you put up the address where your car is parked and someone will come and wash your car for you)
- Instacart (you can get people to your shopping for you)
Now in its Third Year, Tech4Africa Hits Johannesburg Next Month
Now in its third year, Tech4Africa is a premier mobile, web and emerging technology event held in Johannesburg on October 31-November 1 at The Indaba Hotel, Gauteng.
The theme is “Unlocking the next billion consumers” and sessions will be focused around mobile and content, the enterprise opportunity, entrepreneurship and financing, social business and innovation.
The Developer Day and Hackathon on the kick off day includes three tracks: a day on Agile
software development, a Hackathon with sessions on Ruby on Rails, Python,
Raspberry Pi, PhP etc., as well as workshops for social media marketers on apps
ecosystem and monetization.
Keynote speakers include IBM's Tom Rosemalia and Ralph Simon of Mobilium, with other speakers being Amolo Ng'weno, MD of Digital Divide Data in Kenya; Neal Ford, Director, Software Architect and Meme Wrangler at ThoughtWorks; Vérone Mankou, CEO of Way-C in the Democratic Republic of Congo; Emma Kaye, CEO of Bozza, Josh Adler, social entrepreneur and others.
A Google G+ Hangout will be held live at the conference so that tech hubs from around Africa can be part of the conference and so that delegates can interact with a panel, asking questions and finding out more about what is happening on the ground in Senegal, Liberia, Uganda, Tanzania, Egypt, Kenya, Congo and other parts of Africa.
Disclosure: we are a media partner of the event.
September 01, 2012
Support "Founders Less Than Three:" Funny, Sexy Novel About Startups
The author? Boston-based Halley Suitt Tucker who doesn't think that there are enough entrepreneurs starting companies and creating jobs. Especially women entrepreneurs.
The novel is a funny, sexy story about a Boston-based accelerator where female and male founders and their teams fight it out to make their start-up company the next big thing.
It's a book with solid entrepreneurial advice, adventures, laughs, love and all the twists and turns starting a business involves, as they race towards their demo day, when the teams show off their start-up ideas and see who gets the best deal.
Halley says, "I especially want more women to become entrepreneurs because I think they are well suited to the unpredictable path a new business usually takes and I want people to learn the lessons of entrepreneuring via a novel, not a business book, and not a textbook."
Her book aims to inspire female and male entrepreneurs alike and make them all say, "I can do that!"
Help make her book a reality through Kickstarter. Any pledge that you make will contribute towards an editor, a proofreader, a book cover designer and as well as create a small budget for book promotion when the book is launched. $15,000 is her goal however even a pledge of $1.00 will get you a preview copy of the book in digital format as soon as it's done.
How cool is this? Some of the pledge levels let YOU write part of her book whereby you can create a fictional start-up, write their elevator pitch and give birth to an imaginary CEO. A pledge level above the imaginary company level is all about REAL start-ups, meaning, she'll mention your actual start-up company in her book and your CEO. As she says with humor, "My character will drink your soda."
August 26, 2012
PR Summit: Who Owns the Message? PR or Social Media
The PR Summit is an all day pow-wow now in its third year. The August 27 event held in San Francisco will take on a wide range of topics from discussing PR for Startups & Early Stage Companies to the dynamics between social media and more traditional PR.
The morning kick-off panel will discuss how to blend traditional media outreach with social media tools with Elliot Tomaeno from The Morris + King Company, Kym McNicholas from PandoDaily.com, Ricky Yean from Crowd Booster, Mike Barash with Knock Twice and Robert Scoble.
I'm on a panel entitled: Battlefield 2.0 - Social Media versus PR (Who Owns the Message?), with Y’Anad Burrell from Glass House Communications, Harry McCracken, Fred Bateman, PRSA's Gerard Francis Corbett and Teresa Rodriguez.
Bad Marketing or Bad Timing will discuss how companies can avoid failure in crisis? Cathy Brooks moderates the panel with Peter Delevett from SJ Mercury News, Venture Beat's Jolie Odell, Jason Johnson from Founders Den and Abraham Hyatt from ReadWriteWeb.
ROI, Metrics, Measurement, & Engagement panel will be moderated by Alastair Goldfisher from Reuters. Panelists include Murray Newlands, Connie Zheng, Oliver Starr and Jiyan Wei.
Ben Parr and Kim Bardakian take on winning pitches: turning your idea into a national news story.
Keynote addresses include Michael Tchong with Ubercool: “Social Revolution: A good week for crowdsourcing” and Porter Gale on the "3 Degrees of Separation." There will be a few workshops as well scattered into the mix and a fireside chat with Brian Solis and Kara Swisher.
August 03, 2012
Cory Doctorow on the Century of War Against Your Computer
Cory Doctorow spoke this week at the LONG NOW Foundation. The topic? A provocative one entitled: The coming century of war against your computer.
The war against computer freedom will just keep escalating, Doctorow contends. The copyright wars, net neutrality, and SOPA (Stop Online Piracy Act) were early samples of what is to come. Victories in those battles were temporary.
Conflict in the decades ahead will feature ever higher stakes, more convoluted issues, and far more powerful technology. The debate is about how civilization decides to conduct itself and in whose interests.
Stewart Brand's fabulous summary of the event below where Doctorow kicked things off by framing the issue this way: “Computers are everywhere. They are now something we put our whole bodies into---airplanes, cars---and something we put into our bodies---pacemakers, cochlear implants. They HAVE to be trustworthy.“
Sometimes humans are not so trustworthy, and programs may override you: “I can’t let you do that, Dave.” (Reference to the self-protective insane computer Hal in Kubrick’s film “2001.” That time the human was more trustworthy than the computer.) Who decides who can override whom?
The core issues for Doctorow come down to Human Rights versus Property Rights, Lockdown versus Certainty, and Owners versus mere Users.
Apple computers such as the iPhone are locked down---it lets you run only what Apple trusts. Android phones let you run only what you trust. Doctorow has changed his mind in favor of a foundational computer device call the “Trusted Platform Module” (TPM) which provides secure crypto, remote attestation, and sealed storage. He sees it as a crucial “nub of secure certainty” in your machine.
If it’s your machine, you rule it. It‘s a Human Right: your computer should not be overridable. And a Property Right: “you own what you buy, even if it what you do with it pisses off the vendor.” That’s clear when the Owner and the User are the same person. What about when they’re not?
There are systems where we really want the authorities to rule---airplanes, nuclear reactors, probably self-driving cars (“as a species we are terrible drivers.”) The firmware in those machines should be inviolable by users and outside attackers. But the power of Owners over Users can be deeply troubling, such as in matters of surveillance.
There are powers that want full data on what Users are up to---governments, companies, schools, parents. Behind your company computer is the IT department and the people they report to. They want to know all about your email and your web activities, and there is reason for that. But we need to contemplate the “total and terrifying power of Owners over Users.”
Recognizing that we are necessarily transitory Users of many systems, such as everything involving Cloud computing or storage, Doctorow favors keeping your own box with its own processors and storage. He strongly favors the democratization and wide distribution of expertise. As a Fellow of the Electronic Frontier Foundation (who co-sponsored the talk) he supports public defense of freedom in every sort of digital rights issue.
“The potential for abuse in the computer world is large,” Doctorow concluded. “It will keep getting larger.”
For more information on future LONG NOW Seminars in San Francisco, visit their site. They bring one amazing speaker after another to speak, so it's worth attending one if you haven't and live in California or don't live closeby but can plan a trip around one of their upcoming events.
Photo credit: Oreillynet.com.
July 20, 2012
Flipboard's 2nd Anniversary: The Team Celebrates in Palo Alto
Flipboard is turning two years old this weekend and celebrated its anniversary this past week in its Palo Alto CA parking lot with friends, family, employees, investors and Silicon Valley influencers.
For those of you who don't know what Flipboard is, you're missing out on a beautiful online experience. Pegged as a 'social magazine', Flipboard is an app for the iPad, iPod and Android which allows you to view content in a way that is stunningly delicious, where photos and simplicity rule.
Part aggregator and part stunning UI for content you already consume, it was listed in the 50 Best Inventions in 2010 by Time Magazine and they describe the experience: "Flipboard ends the chaos by grabbing updates, photos and links from your friends and other interesting people, then reformatting everything in a wonderfully browsable, magazine-like format." Well said and it's spot on.
The team is headed by former Tellme head Mike McCue, who is a natural "marketing machine," precisely because he "isn't one."
Mike one of the most genuine, down-to-earth understated entrepreneurs in Silicon Valley, with a heart and brain that are equally matched.
So, when the team said c'mon down and celebrate with us, how could I refuse?
They have attracted great talent who want to make a difference in the way we consume content today.
In a world where we're constantly barraged by irrelevant stuff, whether its from social media or websites and blogs, Flipboard lets you dictate what you want to see in a gorgeous format.
The casual outside party held a number of surprises, such as the photo booth where you could get your photograph taken in front of magazine cover, like Rolling Stone. You could also feel ten years old again, while you fished for a miniature teddy bear wearing a Flipboard T-shirt from a machine. And, they had a buffet of pork, beef and chicken barbecue as well as a variety of salads, beer, soda and wine.
Below Flipboard CEO Mike McCue and Klout's COO Emil Michael
We all know that Scobleizer aka Robert Scoble is a huge fan of the app :-)
Back to the local touch. Sinister Dexter who has an awesome sound, played blues, rock and hopping jazz for several hours and sadly by the time I wanted to kick off my shoes and swing dance to a number, they were starting to pack away their instruments.
Kudos to the Flipboard team for all of their successes to-date. I, for one, am a fan, and no I sadly don't have any stock or work for them.
Photo credits: team show in car and Emil/Mike shot from Eric Alexander of Flipboard, other photos by Renee Blodgett.
July 09, 2012
Is Social Media Turning You Into a Low Self Esteem Anxiety-Rich Freak?
Roughly half of the survey’s nearly 300 participants, reported that their use of social networks such as Twitter, Facebook and others reduces the quality of their lives.
Confidence is affected, they say, self esteem is lower they say and two-thirds claim they find it difficult to relax or sleep after spending time on social networks.
This isn't rocket science. Ask anyone you know who spends a lot of time in front of a screen, glued to online games, social networks, management platforms like Hootsuite or sites where they're engaging in any way.
Roughly a quarter cited work or relationship difficulties due to online confrontations and more than half of the participants say they feel “worried or uncomfortable” at times they are unable to access their Facebook or email accounts. I have seen anxiety arise around me when people can't access their worlds online, including something as small as a Foursquare check-in.
Spend more time in an always on digital world and of course you're anxiety will increase. This isn't rocket science. But people are so hooked into the notion that it connects us 'more' that they don't look for the obvious negative side effects.
Sure, I can meet new people across the globe if I am constantly glued to my Hootsuite stream, and given that I run a travel blog, there's a lot of pluses to that, but bottom line, it takes us away from real human connections - there's only so many hours in a day.
It doesn't help that tools like Klout, Kred, PeerIndex and others assign us grades on a daily basis that encourage high school "who's the popular kid of the day" behavior. Offline for a day or a week and your Klout score goes down.
The tools are so one dimensional and dare I say "unheathily addictive" that it keeps you drawn into a social media online game you can never win, particularly if you want to have healthy relationships offline. Nicholas Carr's book The Shallows: What the Internet is Doing to our Brains doesn't lie. Not a new book, but the behavior shift is real whether or not you agree with everything in the book. Also see my post from last year on multiple digital personas.
I find it ironic that a post entitled: How Social Media Makes Romantic Relationship Thrive is immediately above a post entitled: Social Media Fuels Low Self Esteem & Anxiety on Mashable, where I originally learned about the study. Here's a link to a video reporting some of the results.
People I talk to seem to be fighting to get quality time with their other halves and the main culprit in the way? Mobile Devices and their PCs. Enuf said.
July 9, 2012 in America The Free, Europe, On Geo-Location, On Mobile & Wireless, On Technology, On the Future, Reflections, Social Media, TravelingGeeks, United Kingdom, WBTW, Web 2.0 | Permalink | Comments (0) | TrackBack