Thursday, April 29, 2010

What Are You Doing Monday? Come Meet Al Wenger

Reshma Saujani: Innovation, Ethnic Pride, Thought Leadership

Start-Up NY: Innovation and Technology Startups in New York

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
Reshma Saujani: Innovation, Ethnic Pride, Thought Leadership

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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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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Wednesday, April 28, 2010

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 29th
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
When 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.

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.

Digital DUMBO| Facebook
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Digital Dumbo | NBC New York


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