CVC Discussion With Mark Suster from Tobin Schwaiger-Hastanan on Vimeo.
(Source: Mark Peter Davis)
Robert Scoble: Why Google can’t build Instagram: (I was working at Microsoft as Flickr got bought by Yahoo, Skype got bought by eBay, etc etc). ..... Google, internally, knows it has an innovation problem .... is looking to remake its culture internally to help entrepreneurial projects take hold...... how Larry Ellison actually got efficiencies from teams. If a team wasn’t productive, he’d come every couple of weeks and say “let me help you out.” What did he do? He took away another person until the team started shipping and stopped having unproductive meetings. .... At Google you can’t use MySQL and Ruby on Rails .... Google Wave failed, in part, because it couldn’t keep up with the first wave of users and got horribly slow .... Small teams ruleGoogle is going to fail in the innovation department if it feels like it has to be number one in every emerging trend. On the other hand, it could keep going into new sectors of the economy like it has shown a tendency to do. Google can't beat Facebook on social, but it can beat Facebook and every other web company on wind farms and clean cars.
TechCrunch: Facebook’s Gmail Killer, Project Titan, Is Coming On Monday: @facebook.com email addresses ..... a full-fledged webmail client ..... Facebook has the world’s most popular photos product, the most popular events product, and soon will have a very popular local deals product as well. It can tweak the design of its webmail client to display content from each of these in a seamless fashion (and don’t forget messages from games, or payments via Facebook Credits). And there’s also the social element: Facebook knows who your friends are and how closely you’re connected to them; it can probably do a pretty good job figuring out which personal emails you want to read most and prioritize them accordingly.Facebook has a huge advantage when it comes to email. Not all people who send you email are equal. And Facebook's social graph lets you determine your social concentric circles. And once you introduce the caste system into your inbox, you are in a much better shape.
TechCrunch: Facebook To Build Its Second Data Center To The Tune Of $450 Million: Apple is building a $1 billion facility that’s expected to be finished this year. Google and IBM also have data centers in the state.During the first dot com boom, people bought servers. And then Amazon web services killed the idea. You don't need to buy servers, we got them, they said, a ton of them. But now companies like Facebook that are not in the data center business end up with these huge, humongous huge data centers.
TechCrunch: Begun, The Sticker Wars Have: Right now, many people (probably most people) have no idea what a check-in is. When Gap launched its free jeans deal, people were actually visiting the company’s Facebook Page to write “checking in“, rather than using the Places function on Facebook’s mobile application.That would be like someone sent you an email that was 140 characters or less, say over Gmail, and claimed they just sent you a tweet. Emails with such discipline would be nice to read, but are they tweets?
TechCrunch: TechStars Launches Ten New Startups In Seattle: six of the first twenty companies to go through the program have been acquired by larger companies, and about 70% of its companies have been funded and/or are now profitable.Y Combinator is in the Valley. Y Combinator has done something remarkable. I think Y Combinator is the reason we have a new species in town: the super angel. But Y Combinator is in the Valley. Being in the Valley, in the Valley alone is a disadvantage. People don't buy servers anymore. They have Amazon web services. Times have changed. Some of the best programmers I know are self taught people. All the material you need to teach yourself programming is available online for free. And so the idea that you have to be in the Valley to be part of the action, well, that is passe.