May 30th, 2011

The Unconquered Nation, Crippled By Bureaucrats

addis

Seems like it’s Sub-Saharan Month around here: first Sarah Lacy went to Nigeria, and now here I am in Addis Ababa, Ethiopia’s capital and Africa’s fourth-largest city. It feels like a boomtown. There are cranes and construction sites everywhere, throwing up gleaming new glass-and-steel buildings full of shops selling computers and mobile phones. The major thoroughfares throng with people making, trading, repairing, unloading, selling, and generally hustling.

Don’t get me wrong: this is still a poor country. Electrical outages are regular occurrences, the taxis that patrol the city’s broad avenues are rusting Ladas, and the side streets are harrowed dirt strewn with garbage, lined with tin shacks, and patrolled by beggars and feral dogs. But I’ve only seen occasional pockets of the poisonous stagnation I’ve found so often elsewhere south of the Sahara. This feels like a place where things happen. It’s a city and culture that could be on the cusp of a genuine transformation, catalyzed by technology—were it not for a single, gigantic roadblock: its own government. → Read More

May 30th, 2011

Samsung Ups The Ante In Apple Patent Dispute, Requests iPhone 5, iPad 3

“Anything you can do, I can do better,” is the tune Samsung’s whistling this Memorial Day weekend, as its legal team has requested that Apple hand over some upcoming products as a part of its ongoing patent battle with the Mac maker. Just last week, Apple asked the same of Samsung, and a federal judged agreed, ordering Samsung to hand over five products from its Galaxy and Infuse lines. → Read More

May 30th, 2011

My Job As A Pre-Launch Startup CEO Was To Buy Sandwiches

Seth Sternberg is the CEO and Co-founder of Meebo. He previously worked in M&A at IBM.

I love talking to aspiring entrepreneurs—I do it once a week at minimum.

I often get asked “what’s the role of a startup CEO?” Sometimes people are curious about the pre-launch “CEO” and ask if a startup really needs one. If that CEO isn’t an engineer, what do they do anyhow? Other times people wonder what I do today as CEO of a 180 person company. In this post I’ll cover the pre-launch role, and in a follow-up, I’ll get into the role post-launch.

So what does the CEO, who at the beginning is really the general business person, do at a pre-launch startup?

Let’s go back to the beginning of Meebo, circa April, 2005. → Read More

May 30th, 2011

Padfone: Asus Officially Announces Its Android Tablet/Phone Combo (Videos)

Today, on the first day of the yearly Computex Taipei exhibition in Taiwan, Asus took the wraps off the Android tablet/phone combo it teased last week. Dubbed Padfone, Asus is relatively mum on details (specs, pricing, availability) at this point. → Read More

May 30th, 2011

Video: Smartphone Simulates Sensation Of Buttons On A Touchscreen

Do you miss the feeling of pressing physical buttons when you touch icons or letters on a smartphone touchscreen? Japan’s second largest mobile carrier KDDI is working on a display that recreates exactly that “clicking sensation” by combining vibration with a pressure sensor. → Read More

May 30th, 2011

CrunchGear Week In Review: Freshly Cut Flowers Edition

Here are some stories from the past week on CrunchGear: The Cansole: A Pong Console In A Can DIY Collapsable Ninja Star Is Great For Collapsable Ninjas Your Nightmares Have Arrived: Kinect-Driven Powerpoint LusionBloom: A Magnetic Vase For Your Next Weird Cocktail Party A Watch Created In 1969 Could Sense Heart Attacks… But Wait, There’s More → Read More

May 30th, 2011

Video: NTT Docomo's Mobile, Simultaneous Translation System

The idea of translating spoken language from cell phone to cell phone isn’t exactly new, but the mobile simultaneous translation system NTT Docomo is currently working on looks really impressive. Japan’s biggest mobile carrier says it uses the “best technologies” for voice recognition, machine translation, and voice synthesis out there for its solution. → Read More

May 29th, 2011

Rosebud

The other day we were in Las Vegas, in a hotel that like all of Vegas stank of cigarettes and losers, which by definition included us for being there. We sat at a sushi restaurant, or what started with sushi and ended with samba — three kitchens with little crossover from latin to salmon. And so we sailed across the generations, talking music and the history of salesforce, and arriving at the movies. And in particular Citizen Kane.

Orson Welles’ defining moment, the intersection of melodrama and politics, of the end of the age of controlled media and the dawn of what we now call social media. The story of Charles Foster Kane, a stand-in for Hearst who started wars when there was a dearth of headlines. We saw him in a fake newsreel standing on a balcony with Hitler, saw the arc of his life at the center of the Golden Age where Washington and Hollywood were two sides of the same coin. And as we were swept along in the daring pop media that the film invented, we became a generation of one. → Read More

May 29th, 2011

Paul Picot C-Type Yachtman Watches For 2011

Paul Picot offers these new C-Type Yachtman watches for 2011. The naming schemas confuse me. The C-Type I know, but I am not sure whether these are C-Type and Yachtman watches, or C-Type Yachtman watches!? Screw it, I’m just going to use the Yachtman name for now. Yachtman 3 to be exact – which sounds like an awful movie name. The watches are still cool looking, though, and this year they make equal jabs at Rolex and IWC wanting to be something like a Submariner or Aquatimer. → Read More

May 29th, 2011

Users Say They're More Likely To Buy If A Business Answers Their Question On Twitter

Currently I am not in Cancun. The reason I am not in Cancun is out of my control (an over three hour Virgin delay on the tarmac at JFK caused me to miss my connecting USAirways flight at SFO). I spent a good part of those three plus plane-trapped hours bitching on Twitter, asking both the @VirginAmerica and @USAirways Twitter accounts for guidance, because calling their respective 800 numbers either put me on hold or wouldn’t go through. → Read More

May 29th, 2011

Flashback: Two Years Ago, Twitter Killed A Feature — The One They Just Added Back

This past Thursday, Twitter rolled out a new small feature that garnered quite a bit of positive buzz. Essentially, they now allow you to see what other users see when they look at Twitter. In other words, if you click on the “Following” area in my profile, you can see the main tweet stream that I see with all the (public) tweets from people I follow. Very cool. But it’s actually not new at all.

In fact, Twitter had this feature in place two years ago. We mentioned this in passing in the post, but then I was directed to the blog post explaining why they removed it in June of 2009. It’s pretty interesting. From the post on June 4, 2009 on their Twitter Status blog: → Read More

May 29th, 2011

Netflix For Pandas

This guest post was written by Ethan Kurzweil. Kurzweil is a Vice President with Bessemer Venture Partners in Menlo Park, California. He works with Internet companies of all types, including Playdom, Zoosk, Crowdflower, Twilio, adap.tv, Reputation.com, Skybox Imaging, and OpenCandy. You can find him on twitter at @ethankurz. The views expressed in this post are his own, and do not represent those of Bessemer.

Hardly a day goes by anymore when I don’t hear about a reportedly “radical, new” business concept summarized succinctly as “X” (some well-known existing business) for “Y” (some specific market segment, use case, or other qualifier). These descriptors range from the logical – “Groupons for Moms” (okay, clear enough) – to the absurd – “Pandora for Cloud” (huh?). Often, I don’t even understand the analogy, as it’s so obscure, or I have never even heard of the company being compared. Sure, these monikers may satisfy our need for efficiency and brevity, but I’m convinced that in the long-run, we need to expand our collective attention spans just long enough to really describe what our businesses do. Otherwise, we run the risk of setting a model for entrepreneurship that’s entirely devoid of creativity and true innovation. → Read More

May 29th, 2011

(Founder Stories) Quora's Charlie Cheever On Building A Disruptive Knowledge Platform

Last week at Disrupt, Chris Dixon did a version of Founder Stories onstage with Quora founder Charlie Cheever. We learned that Quora is not looking to sell, but we also learned a lot more.

For instance, what convinced Cheever to quit Facebook with co-founder Adam D’Angelo was that tried to “imagine a world where I knew everything that I wanted to know, as long as someone else in the world knew it.” And that’s what Quora wants to build. It’s a pretty outrageous goal, which is what makes the startup so interesting. → Read More

May 29th, 2011

Infinity Ventures Summit In Sapporo: Demos From 14 Japanese Startups


Earlier this week, I took part in Infinity Ventures Summit (IVS) Spring 2011 in Sapporo [this and many of the following links are in Japanese], a two-day, invitation-only event that takes place twice a year in Japan. IVS attracted over 400 people from the domestic and international web industry this time and is organized by VC firm Infinity Venture Partners (which just raised US$41 million for their IVP Fund II).

Apart from panel discussions and presentations, some hours of the program gave a total of 14 Japanese start-ups the chance to present their services onstage. Here’s a rundown of all companies that participated at the IVS launchpad this time. → Read More

May 29th, 2011

Unbound Launches Its Kickstarter-Byliner Hybrid For Celebrity Authors

Thanks to Kickstarter, the idea of crowd-funding a creative project is nothing new. Post- Cory Doctorow, the notion that an established author might convince his fans to pay upfront for a special edition of an as-yet unpublished book is hardly earth-shattering. And, following the launch of Byliner, even the launch of a digital-only publishing house isn’t really news.

And yet, by combining all of the best elements of those three examples, UK-based Unbound hopes to create something very remarkable indeed. → Read More

May 28th, 2011

Odd Rumor: The iPhone 4S Will Come In 16/32GB Configurations

I didn’t even want to dignify NoWhereElse’s “find” with a post, but Steve’s a good guy and maybe… and this is a big maybe… he found a case for the upcoming “iPhone 4S” at “Claire’s.” The best part is when Google translates his article the last line comes up as “So authentic dumpling or simple typo in your opinion? …” which is how I’m going to end all of my posts from now on.

Grain of salt, people. Remember: there will be no hardware at WWDC this year. → Read More

May 28th, 2011

What Makes A Startup Successful? Blackbox Report Aims To Map The Startup Genome

Generally speaking, the odds are stacked heavily against the average startup. The rate of failure among entrepreneurs and startups is startlingly high — it comes with the territory. Otherwise, entrepreneurs wouldn’t be pirates.

But, what if there were a way to reduce that failure rate by cracking the formula of startup success? No easy feat to map the double helix of startups, but entrepreneurs are risk-takers by nature, so four of these ambitious international entrepreneurs came together to found the Startup Genome Report, a report that is part of a larger project that dives into the very anatomy of what makes Silicon Valley startups successful — or not. → Read More

May 28th, 2011

Cliqset Founder Takes On Personal Publishing And Social Conversations With Stealthy Startup Glow

As we heard last fall, Cliqset, a FriendFeed like social aggregation platform, was shut down by its founders, Darren Bounds and Charlie Cauthen. Cliqset, which launched in 2009, was a high-powered social syndication and aggregation service, with the ability to post and syndicate content on Cliqset, Facebook, Twitter, Google Buzz and 80 other sites and networks. You can read our prior coverage of Cliqset here. As Louis Gray wrote last November, the startup was one of the first networks to implement Pubsubhubbub for real-time updates, and Salmon for cross-network comment posting. But despite these technologies, the service couldn’t attract an active number of users and landed in the deadpool. It looks like Bounds is on to his next projectGlow.

Bounds writes that Glow is his “personal attempt at building a social network that doesn’t sacrifice simplicity, features or user-experience in an effort to promote decentralization, user privacy and data ownership.” The site, which is in stealth mode for now, will combine personal publishing ans social conversation. → Read More

May 28th, 2011

(Founder Stories) Gilt's Kevin Ryan—It Is All In The Presentation (TCTV)

Chris Dixon wraps his Founder Stories interview with Gilt Groupe’s CEO and Founder, Kevin Ryan by discussing the early sales strategy of Gilt – a strategy that was designed to build customer and brand loyalty, but not the bottom line, at least initially.

Revisiting the launch period around four years ago, Ryan says, “we were going to make $4,000 for us on a sale and I spent $7,000 on the photo shoot, and you would say that is not a good business model, but what happened was the brands loved it, the customers loved it … and so now we sell $100,000, $200,000, $300,000 …. on a sale.” → Read More

May 28th, 2011

Oren Jacob, CTO of Pixar, joins August Capital as EIR

August Capital recently announced that Oren Jacob, CTO of Pixar has joined as their newest entrepreneur in residence. After a few weeks on the job, I got a chance to interview Oren and ask him how his new gig was going. In short, he has new-found respect for venture capitalists and button down shirts.

Oren had no idea how many meetings back to back were in store for him and how hard it can be to put on a fresh face and high level of excitement for each pitch. However challenges like that – and a bad case of entrepreneurial itch – were exactly why he decided to leave Pixar. → Read More

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Prova Systems — Received $50k in Unattributed funding from Ben Franklin Technology Partners of Northeast Pennsylvania
1.27.2012
Fearless Studios — Company added to CrunchBase
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Fearless Studios — Acquired by Kabam.
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Fearless Studios — Acquired by Kabam.
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Avila Therapeutics — Acquired by Celgene for $925M.
1.26.2012
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Timekiwi — Acquired by Overblog.
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Prova Systems — Received $50k in Unattributed funding from Ben Franklin Technology Partners of Northeast Pennsylvania
1.27.2012
Antisense Pharma — Received $11M in Series F funding from MIG Fonds and Global Asset Fund
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Edison Pharmaceuticals — Received $4.1M in Series E funding
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Broad Institute — Received $32.5M in Grant funding from Klarman Family Foundation
1.26.2012
CN Creative — Received £2M in Series A funding from Advent Life Sciences
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John Stockdale — Invested in Verbling.
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MIG Fonds — Invested in Antisense Pharma.
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Fearless Studios — Company added to CrunchBase
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Dawin Electronics — Company added to CrunchBase
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PointsPay — Product added to CrunchBase
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Free Youtube Download — Product added to CrunchBase
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Codeine Framework — Product added to CrunchBase
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Codeine — Product added to CrunchBase
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