Friday, December 15, 2006
Entrepreneurs and VCs

VentureWoods writes:


It is very hard for an entrepreneur to trust a VC who doesn’t have the necessary background in the activities that the entrepreneur is carrying out and the experience in having run (or be a part of) a startup. Somebody who has never answered the board from a management team’s position almost always never understand how is it to run a company. So, while it is important to have people in your board who are independent Directors and aren’t involved in the day-to-day running of company, it is also important for the management team to be able to respect them. The respect comes automatically when the entrepreneur knows that the board member can (and does) empathize with the issues / challenges faced in a company and yet can give open and critical feedback.
...
India has its own unique problems. On one hand - we need serial entrepreneurs who have been ’successful’ in the past and not just the 1st generation entrepreneurs AND on the other hand, we need Venture Capitalists who have been entrepreneurs before.

OpenDNS

Phil Wainewright writes:


The service is elegant in its simplicity (and is growing virally — see usage chart below). It's a free-of-charge service (funded by advertising — more on that in a moment) that specializes in providing robust DNS lookups. At many ISPs, the domain name look-up servers (DNS) are the neglected poor relations of the infrastructure. Yet they're a vital component in rapid surfing speeds between sites, because every time you click on a link from one site to another, the first thing that happens is your computer has to look up the IP address on the nearest DNS server. If that server is poorly maintained or overloaded, you'll sit waiting for the site to come up.
...
Switching to OpenDNS is simply a matter of going to your router admin page and inserting its IP addresses as your preferred DNS lookup. I found an instant improvement in lookup speeds and, better still, no unexplained outages since then. If a site does happen to be down, then instead of not knowing what's going on, I get redirected to an OpenDNS search page — and that's how the company makes its money, from the ads on the search page when a domain won't resolve. (It also offers other useful services, like barring known phishing sites and correcting common mistypes, such as skipping the 'o' when typing '.cm'.

TV as Ultimate Open Content Platform

Steve Rubel writes:


As we look ahead - say three years from now - TV viewing will become even more fragmented. But make no mistake, IPTV is going to make television even more relevant in our lives than it is today.

The open TV platform will comprise of four key sources of content: network programming via your cable/satellite provider, a-la-carte shows sold directly to you by networks/studios, branded entertainment developed by major marketers and consumer generated content piped in via RSS.

More on De-Portalisation

Keith Teare writes about what to watch out for:


1. The revenue growth that has characterized the Internet since 1994 will continue. But more and more of the revenue will be made in the foothills, not the mountains.
2. If the major destination sites want to participate in it they will need to find a way to be involved in the traffic that inhabits the foothills.
3. Widgets are a symptom of this need to embed yourself in the distributed traffic of the foothills.
4. Portals that try to widgetize the foothills will do less well than those who truly embrace distributed content, but better than those who ignore the trends.
5. Every pair of eyeballs in the foothills will have many competing advertisers looking to connect with them. Publishers will benefit from this.

Google's Products

Nicholas Carr distills Google's strategy into five products:


Google Search ("Google" goes back to meaning just search: for all information types, on all devices, personalized)

AdMarket (a unified market place for buyers and sellers, spanning web text, web video, web banners, print, radio, TV)

YouTube (YouTube expands from video to become the common interface for all media sharing)

YouTools (what Apps for Your Domain morphs into, with different tool sets for businesses, families, universities, and hospitals)

YouFile (a personal information management service, covering health data, finances, etc.)

TECH TALK: Best of Tech Talk 2006: Network Computing

Besides the Mobile Web, the other area of interest for me is in affordable (and manageable) computing. In June, I wrote a series on Computing for the Next Billion. Here is how I put the opportunity on context: “Part of the motivation of the computer companies in targeting the next billion users is that the first billion or so users already have computers and therefore little reason to upgrade or buy new computers considering that the Internet, rather than the local hard disk, is increasingly the source of content and services. Faced with a slowing growth in their current markets, the computer companies are looking at ‘blue oceans’ – and these can be found amongst the users in the developing countries. Take India, for example. The installed base of computers is less than 20 million, growing at about 5 million a year. Compare that with the usage of mobiles – 100 million, growing at just under 5 million a month. Nearly three-quarters of the Internet users use cybercafes rather than a computer at home for their access. Across small- and medium-sized enterprises, homes and educational institutions, India offers an opportunity for 100 million computers over the next 4-5 years...Selling computers in emerging markets offers an excellent opportunity to do good and do well.”

I discussed the various solutions being proposed, and offered my views on what will work:


Right from using regular desktops in cybercafes to owning (or renting) cheaper desktops and network computers to using mobile phones to connect over wireless networks, the next billion users will have something they have never had before in computing: choice. That’s perhaps the best thing to have happened from the attention that is being lavished on the ‘bottom of the pyramid.’ Having said that, not all solutions are equal. My bet is on two solutions to emerge winners over the coming years: mobiles and network computers. The common thread to both is the dependency on a network. The business model will be along the lines of an upfront payment of about $100 (Rs 5,000) for the device and about $10 (Rs 500) a month for connectivity, content, services and support.

To understand why I think these network devices will emerge as winners, it is important to understand that the problem with today’s computing solutions is not just about affordability. It is also about manageability. Complexity in computing has increased, not decreased, over the years. Users have to become their own system administrators to ensure their computers stay clean and secure. The next users are not going to be as savvy as the first set of users in managing their computers.

Into this brave new world, the disruption to be leveraged is the world of communications. Both wired and wireless broadband networks are being deployed in emerging markets. Given the importance of Internet access and the coming era of software-as-a-service, the computer’s role is now more of a window to the world of information residing in the network.
...
Tomorrow’s world will, therefore, revolve around computing and information which happens in the network (the ‘cloud’), with the users having access to two devices: a small screen mobile phone which they carry with them all the time, and a bigger screen desktop-based terminal which connects over a broadband network to which they have intermittent access. Both devices have their strengths. The big screen is better for applications which are input-output-intensive and require multimedia. The mobile is with us all the time and can be used during life’s empty moments.


Next Week: Best of Tech Talk 2006 (continued)

Related Entries:  [All]
TECH TALK: Best of Tech Talk 2006: Changing India [December 21, 2006]
TECH TALK: Best of Tech Talk 2006: Video and Social Networks [December 20, 2006]
TECH TALK: Best of Tech Talk 2006: Blue Oceans and Black Swans [December 19, 2006]
TECH TALK: Best of Tech Talk 2006: Entrepreneurship and Vision [December 18, 2006]
TECH TALK: Best of Tech Talk 2006: The N3 Web [December 14, 2006]

Me
Entrepreneur, Mumbai, India, Emergic, Netcore, Internet, IndiaWorld, Sify, IIT-Bombay, ColumbiaUniv ... More [Write to Me]

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My Writings
Affordable Computing and ICT for Development
India's Digital Infrastructure (May 2007)
Envisioning Tomorrow's World (Mar 2007)
Computing for the Next Billion (Jun 2006)
City Wi-Fi Networks (Apr 2006)
Microsoft Live (Nov 2005)
Internet Tea Leaves (Sep 2005)
Next-Generation Networks (Jul 2005)
Disruptions (Jul 2005)
The Mobile Phone Platform (Feb 2005)
Microsoft, Bandwidth and Centralised Computing (Jan 2005)
Computing for Broadband 101 (Jan 2005)
Tomorrow's World (Nov 2004)
CommPuting Grid (Nov 2004)
Massputers, Redux (Oct 2004)
The Network Computer (Oct 2004)
Reinventing Computing (Aug 2004)
Tech Trends (Jul 2004)
Letter to Arun Shourie (Apr 2004)
As India Develops (Mar 2004)
My Mental Model (Dec 2003)
The Next Billion (Sep 2003)
Transforming Rural India 2 (Jul 2003)
The Discovery of India (Jun 2003)
Transforming Rural India (Mar 2003)
The Rs 5,000 PC Ecosystem (Jan 2003)
Disruptive Bridges (Nov 2002)
India Post: Ideas for Tomorrow (Nov 2002)
Technology's Next Markets (Oct 2002)
Server-based Computing (Jul 2002)
India's Next Decade (Apr 2002)
The Digital Divide (Apr 2002)
The Real Wireless Revolution (Mar 2002)
Envisioning a New India (Jan 2002)
Emerging Technologies, Emerging Markets (Jan 2002)
The Indianised Linux Desktop (Nov 2001)
Mass Market Internet (Nov 2000)

Enterprise Software and SMEs
The Coming Age of ASPs (May 2005)
SMEs and Technology (Oct 2003)
The Death and Rebirth of Email (Aug 2003)
IT's Future (Aug 2003)
Rethinking the Desktop (Sep 2002)
Rethinking Enterprise Software (Jun 2002)
Emerging Enterprises and Emergent Networks (Mar 2002)
Web Services (Nov 2001)
Alt.Software (Oct 2001)
The Intelligent, Real-Time Enterprise (June 2001)
Enterprise Software (Mar 2001)
SME Tech Utility (Feb 2001)
Software and SMEs (Jan 2001)
The Intelligent Enterprise: Integrating CRM, SCM and EIP (Jan 2001)

Information Management
The Emerging Internet (May 2007)
The Now-New-Near Web (Sep 2006)
Mobile Internet (Aug 2006)
Video on the Internet (Jun 2006)
India Internet and Mobile (Feb 2006)
Rethinking Newspapers (Jan 2006)
Web 2.0 (Oct 2005)
The Future of Search (Mar 2005)
Web 2.0 Conference (Oct 2004)
Thinking A New Food Portal (Sep 2004)
Rethinking Search (Jan 2004)
India.com 2.0 (Jan 2004)
The Publish-Subscribe Web (Jun 2003)
Constructing the Memex (May 2003)
RSS, Blogs and Beyond (Feb 2003)
Blogging (Feb 2002)
Harnessing Information (Oct 2001)
News Refinery (May 2001)

Entrepreneurship
When Bad Things Happen (Jan 2007)
Ventures and Capital (Dec 2006)
15 Years as an Entrepreneur (Nov 2006)
Of Blue Oceans and Black Swans (May 2006)
Let's Build a Business (Apr 2006)
The Value of Vision (Mar 2006)
Vision and Worries (Oct 2005)
Bootstrapping a Business (Oct 2005)
India Needs More Entrepreneurs (Aug 2005)
Dotcom Nostalgia (Jun 2005)
When Things Go Wrong (Apr 2005)
My Life as an Entrepreneur (Nov 2004)
An Entrepreneur's Growth Challenge (Sep 2004)
Creating Options (Sep 2004)
From Employee to Entrepreneur (Aug 2004)
A Tale of Two Summers (Aug 2004)
Crucible Experiences (May 2004)
The Company (May 2004)
An Entrepreneur's Attributes (Nov 2003)
An Entrepreneur's Early Days (Sep 2003)
Reflections on Ideas and Entrepreneurship (Jul 2003)
Entrepreneur's Enigmas (Jan 2003)
The Entrepreneur's Delights (Sep 2002)
Life as an Entrepreneur (Oct 2001)
Leadership Lessons from Lagaan (Aug 2001)
Entrepreneurial Learnings (July 2001)
Entrepreneurship (Mar 2001)
The IndiaWorld Story (1997-8)

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Facebook (May 2007)
Doing Education Right (May 2007)
Reflections from a Dubai Trip (Apr 2007)
Creating India's New Cities (Apr 2007)
India's Challenges (Mar 2007)
3GSM 2007 (Feb 2007)
Demo 2007 (Feb 2007)
A Tale of Two Covers (Feb 2007)
3GSM Mumbai (Feb 2007)
2007 Tech Trends (Jan 2007)
The Best of 2006 (Dec 2006)
Best of Tech Talk 2006 (Dec 2006)
Cyworld (Nov 2006)
Two 2.0 Events (Nov 2006)
Two-Sided Markets (Nov 2006)
The Rise of YouTube (Oct 2006)
Gandhigiri (Oct 2006)
Education and Reservation (May 2006)
Four Blog Years (May 2006)
Fooled by Randomness (May 2006)
Blue Ocean Strategy (May 2006)
Revolution on the Roads (Apr 2006)
The MySpace Story (Mar 2006)
A Presentation at PC Forum (Mar 2006)
Extreme Competition (Mar 2006)
3GSM World Congress 2006 (Feb 2006)
DEMO 2006 (Feb 2006)
India Rising (Jan 2006)
2006 Tech Trends (Jan 2006)
The Best of Tech Talk 2005 (Dec 2005)
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Trains, Planes and Mobiles (Dec 2005)
Peter Drucker: Management's Newton (Nov 2005)
India Empowered (Oct 2005)
Rajasthan Ruminations 2 (Sep 2005)
Building a Better India (Sep 2005)
South Korea's IT839 (Jul 2005)
Shift-Ctrl (Jul 2005)
Best of Future Tech (Feb 2005)
Multi-Model Minds (Feb 2005)
The Best of 2004 (Jan 2005)
On Watching Swades (Jan 2005)
The Best of Tech Talk 2004 (Dec 2004)
India Trends (Dec 2004)
An American Journey (Aug 2004)
Black Swans (Aug 2004)
A Train Journey (Jun 2004)
An Agenda for the Next Government (May 2004)
Two Blog Years (May 2004)
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Technology and the Indian Elections (Feb 2004)
2003-04 (Dec 2003)
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Dear Non-Resident Indian (July 2003)
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